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9.5 metres @ 13.8 g/t AuEq Intercepted at Great Pacific Gold's Wild Dog (12.61 g/t Au, 0.62% Cu, 14.63 g/t Ag)
Newsfile· 2025-12-10 12:30
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: GPGCF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") announces results from its expanded Phase 1 diamond drill program at its flagship Wild Dog Project ("Wild Dog" or the "Project"), located on the island of New Britain, East New Britain Province, Papua New Guinea ("PNG"). The Phase 1 program is focused on the Sinivit target, a portion of the 15 km Wild Dog epithermal structural c ...
5.9 meters @ 14.4 g/t AuEq Intercepted at Great Pacific Gold's Wild Dog
Newsfile· 2025-11-10 12:30
Core Insights - Great Pacific Gold Corp. has announced high-grade results from its expanded Phase 1 diamond drill program at the Wild Dog Project in Papua New Guinea, particularly focusing on the Sinivit target within a 15 km epithermal structural corridor [1][3][30] Drilling Results - The drilling program has confirmed the presence of a coherent high-grade pod at the Sinivit target, with notable results from drill holes WDG-12 and WDG-13, while WDG-14 is currently in progress [3][6][13] - Drill hole WDG-12 intersected two mineralized zones, with the first structure showing 5.9 meters grading 14.38 g/t AuEq, including 2.5 meters at 32.0 g/t AuEq, and the second structure showing 5.8 meters at 6.15 g/t AuEq [5][6][12] - The results indicate a deeper boiling zone within the epithermal system, suggesting multiple mineralizing pulses from a deeper magmatic source [4][8] Future Plans - The company is preparing for the arrival of a second drill rig to further explore the Sinivit area at depth and other high-priority epithermal targets identified through recent Mobile MT data analysis [4][12][13] - The expanded drilling program now totals 28 diamond drill holes and is expected to continue into early 2026, with the current drilling only testing a small portion of the mineralized corridor [13][30] Geophysical and Survey Data - A high-precision LiDAR survey covering 187 km² was completed, producing a Digital Terrain Model with sub-10 cm vertical accuracy, which will aid in geological modeling and drill planning [15][16][17] - The MobileMT geophysical data has highlighted the potential for a major porphyry copper-gold system adjacent to the epithermal veins, similar to the Wafi-Golpu deposit [12][30] Company Overview - Great Pacific Gold aims to become a leading gold-copper development company in Papua New Guinea, with a portfolio of exploration-stage projects including the Wild Dog, Kesar, and Arau projects [27][30]
Headwater Gold and OceanaGold Sign Definitive Agreement to Explore Three Projects in Nevada
Globenewswire· 2025-10-15 12:00
Core Viewpoint - Headwater Gold Inc. has entered into a definitive agreement with OceanaGold Corporation for OceanaGold to acquire an option to earn up to a 75% interest in Headwater's TJ, Jake Creek, and Hot Creek projects in Nevada through staged exploration expenditures totaling up to US$65 million and the completion of Pre-Feasibility Studies [1][3]. Group 1: Agreement Details - OceanaGold will fund a minimum commitment of US$2.5 million in exploration expenditures across the three projects within the first two years of the agreement [6]. - The earn-in structure consists of three stages, with OceanaGold potentially earning a 51% interest in each project after funding US$10 million for TJ and Jake Creek, and US$5 million for Hot Creek within four years [8]. - By completing a Pre-Feasibility Study (PFS) on each project, OceanaGold can earn an additional 10% interest, bringing the total to 75% [10]. Group 2: Project Specifics - The TJ project is located in northeastern Nevada and is interpreted to represent a robust, fully preserved epithermal system with multiple high-quality targets identified [3][11]. - The Jake Creek project consists of 189 unpatented lode mining claims and has historical drilling results indicating widespread epithermal mineralization [14]. - The Hot Creek project is royalty-free and has historical shallow drilling results showing grades up to 1.04 g/t Au over 12.2 m [15]. Group 3: Financial Aspects - OceanaGold made a non-refundable payment of US$250,000 to Headwater for pre-drilling expenses as part of the letter of intent [5]. - Upon execution of the agreement, OceanaGold paid US$100,000 to Headwater, with an additional US$100,000 to be paid on the first anniversary if the agreement continues [6]. - Headwater will receive a 10% management fee as the initial operator of the projects [6].
Astra Provides Corporate Update, Mobilizes Ground Crews at La Manchuria Project, Argentina
Newsfile· 2025-09-11 10:30
Core Insights - Astra Exploration Inc. has mobilized ground crews for exploration activities at the La Manchuria Gold and Silver Project in Santa Cruz, Argentina, with a Phase II drill program set to begin shortly [1][2][4] Exploration Activities - Ground crews are conducting detailed mapping, regional ground magnetics, topographical surveys, and sampling in preparation for the upcoming drilling [2][3] - The presence of low temperature vein fragments at the surface supports Astra's geological model, indicating a preserved epithermal system beneath post-mineral volcanics [2][3] - Phase I drilling has identified favorable host rock units beneath andesites, suggesting potential for a large, high-grade gold-silver epithermal system at La Manchuria [3] Upcoming Events - Astra's CEO, Brian Miller, is participating in the Precious Metals Summit from September 9th to 12th, where he will present on September 11th [4] - The Metals Investor Forum will take place on September 25th to 26th, featuring a presentation by Brian Miller [5] - A European Roadshow is scheduled for October 6th to 10th, targeting institutional and family office investors [6][7] Company Overview - Astra Exploration Inc. is focused on precious metals exploration, with a portfolio of projects in key mining jurisdictions in Latin America [9] - The La Manchuria project is a high-grade gold and silver low sulphidation epithermal deposit located in the Deseado Massif, known for hosting world-class precious metals deposits [10]
8.4 Meters at 50 g/t AuEq Drilled at Great Pacific Gold's Wild Dog Project
Newsfile· 2025-09-02 11:30
Core Insights - Great Pacific Gold Corp. has announced significant results from its expanded Phase 1 diamond drill program at the Wild Dog Project in Papua New Guinea, highlighting the potential for a major gold-copper deposit [1][3][22] Drilling Results - Hole WDG-08 reported an impressive intercept of 8.4 meters at 49.9 grams per tonne (g/t) gold equivalent, including a high-grade zone of 3.8 meters at 105 g/t AuEq [3][5] - The Sinivit target has shown high-grade near-surface mineralization, with nine out of twenty-eight planned holes completed, totaling 1,214 meters of the 5,000-meter program [5][10] - Assay results are pending for hole WDG-09, located approximately 60 meters north of WDG-08, which is expected to provide further insights into the mineralization [5][11] Project Overview - The Wild Dog Project features a 15 km structural corridor with confirmed high-grade mineralization and potential for continuity along strike and at depth [3][10] - The Phase 1 program commenced in May 2025 and is designed to test the Sinivit target, which has a 1.5 km strike length within the broader epithermal vein system [9][10] - The company is also preparing for a potential maiden drilling program at the adjacent Magiabe porphyry target in 2026 [3][10] Future Plans - The expanded drilling program is expected to continue into early 2026, with a total of 28 diamond drill holes planned [10][18] - The company aims to increase field activity on the Magiabe porphyry target while continuing to explore the Wild Dog epithermal system [3][10] Quality Assurance - The company adheres to industry best practices for Quality Assurance and Quality Control, with samples submitted to an ISO 9001-certified laboratory [16][17]
Large Scale Epithermal System and Porphyry Potential Highlighted by MobileMT Survey at Great Pacific Gold's Wild Dog Project
Newsfile· 2025-08-18 11:30
Core Insights - Great Pacific Gold Corp. has reported significant findings from its Wild Dog Project in Papua New Guinea, highlighting both an extensive epithermal system and the potential for a major porphyry system nearby [1][3][5]. Group 1: Project Overview - The Wild Dog Project is located on New Britain Island, Papua New Guinea, and features a large-scale epithermal target with a strike length of over 15 kilometers and a depth extension exceeding 1,000 meters [1][5][32]. - A diamond drill program is currently in progress, targeting high-priority areas within a 1.5 km strike length of the epithermal vein structural corridor [2][5]. Group 2: Drilling Results - Drilling results from the Phase 1 program have shown high-grade mineralization, with hole WDG-02 intercepting 7.0 meters at 11.2 g/t AuEq, which includes 5.5 g/t Au, 68.8 g/t Ag, and 3.1% Cu [2][5][32]. - The current drilling program is only testing about 10% of the overall structure, indicating significant potential for further discoveries [5]. Group 3: Geophysical Survey Insights - The MobileMT geophysical survey has revealed the scale of the epithermal system and indicated the presence of a substantial porphyry system adjacent to the epithermal vein structure, similar to the Wafi-Golpu project [3][11]. - The processed MobileMT data has identified a large resistivity and magnetic anomaly at the Magiabe target, interpreted as a potassic-altered intrusive body measuring approximately 1,000 meters in diameter and extending to over 2,000 meters in depth [11][20]. Group 4: Future Exploration Plans - The Magiabe target is expected to be a priority for exploration, with plans to advance it towards drill-readiness by 2026, including detailed mapping and additional geochemical sampling [19][20]. - Great Pacific Gold anticipates initiating the first drill testing of the Magiabe porphyry system by 2026, leveraging its strong geophysical and geochemical signatures [20][32].
Northern Shield Resources (NSHR.F) Update / Briefing Transcript
2025-07-21 19:30
Northern Shield Resources (NSHR.F) Update Summary Company Overview - **Company**: Northern Shield Resources (NSHR.F) - **Date of Update**: July 21, 2025 Key Points Industry and Company Focus - The update primarily discusses the exploration activities and drilling results in the **conquest zone** and surrounding areas, focusing on mineralization and geological features relevant to precious metals and copper targets [1][2][3][4][5][6][7][8][9]. Drilling Results and Geological Findings - Drilling in the conquest zone revealed **Iolite alteration** in rhyolite, indicating potential for further exploration despite not yielding satisfactory results initially [2][4]. - A significant **hydrothermal breccia** was discovered, similar to findings in the Discovery Trench area, suggesting a broader hydrothermal system than previously understood [4][5]. - The presence of **ganguro banding** was noted, which is indicative of epithermal systems and suggests potential for high-value precious metals [10][15][34]. - **Visible gold** was observed in multiple drill holes, particularly in hole 26, which also showed signs of hydrothermal mineralization [11][21][22]. - The discovery of **tellurides** and **collaborate crystals** in the drilling samples indicates the presence of gold tellurides, which are significant for precious metal exploration [17][21]. Assay Results and Future Plans - The timeline for assay results is expected to be between **four to eight weeks**, with initial results anticipated in August 2025 [31][32][33]. - The company plans to conduct **downhole structural surveys** to guide future drilling programs, focusing on the orientation of mineralized structures [27][28][29][30]. Additional Insights - The geological features observed, such as **manganese carbonate alteration**, are classic indicators of proximity to epithermal systems, suggesting that the area may host significant mineralization [25][26]. - The update emphasizes the importance of **structural orientation** in drilling, as slight variations can lead to significant differences in mineralization outcomes [34][35][36]. - The exploration team is optimistic about the potential for discovering new mineralized zones, particularly in areas previously drilled that may have been overlooked [34][36]. Conclusion - Northern Shield Resources is actively exploring the conquest zone with promising geological findings that suggest potential for high-value mineralization. The upcoming assay results and structural surveys will be critical in determining the next steps for the company's exploration strategy [30][34].
Minaurum Announces Drill Results from New Vein Zone Target; Promontorio Sur at Alamos Silver Project
Newsfile· 2025-07-15 12:30
Core Insights - Minaurum Gold Inc. announced promising drill results from the Promontorio Sur vein zone at its Alamos Silver Project in Sonora, Mexico, indicating high-grade mineralization potential [1][3]. Exploration Results - The Promontorio Sur vein zone, extending 1.5 km, is the unmined southern continuation of the high-grade Promontorio "stacked" vein zone, with significant mineralization observed at depth [1][3]. - Recent drilling results include 1.05 m of 272 g/t AgEq, with a notable intercept of 0.20 m at 617 g/t AgEq, and additional intervals showing high grades of silver and gold [2][4]. Geological Context - The Promontorio Sur vein zone is part of the 3.5 km-long Promontorio-Quintera structural trend, which has a history of significant silver production, including over 70 million ounces from the historic Promontorio Mine and an estimated 100 million ounces from the nearby La Quintera Mine [3][4]. - The geological setting includes quartz-carbonate veinlets in andesitic agglomerate, suggesting high-grade mineralization potential at depth, with geochemical sampling revealing anomalous values of silver, gold, and base metals [5][6]. Future Exploration Plans - Further exploration will focus on drilling the faulted-off portion of the Promontorio zone and the Las Guijas vein, as well as areas with anomalous rock geochemistry, to systematically test the underexplored Promontorio Stacked Vein Zone [8][6].