Great Pacific Gold Corp. Commences Drilling at Hampore Target in Papua New Guinea Project
February 6, 2025
Vancouver, British Columbia– Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) (FSE: V3H) (“Great Pacific Gold,” “GPAC,” or the “Company”) is pleased to announce that drilling has commenced at the high-priority Hampore target within the Kesar Project (“Kesar” or the “Project”) in Papua New Guinea (“PNG”). Additionally, the Company has commenced a Mobile Magnetotelluric (MobileMT) geophysical survey across the broader project area to refine geological targets for future exploration and drilling.
Exploration at the Hampore Target
The Hampore target within the Kesar Project has been identified as a high-priority area for drilling due to promising geological indicators of gold mineralization. Great Pacific Gold Corp. has strategically planned this exploration effort to further delineate the gold potential at Hampore and assess the economic viability of potential mining operations in the region.
Mobile Magnetotelluric Survey
In addition to drilling activities at Hampore, Great Pacific Gold Corp. has initiated a Mobile Magnetotelluric (MobileMT) geophysical survey across the broader project area. This survey will provide valuable insights into the subsurface geological structures and mineralization potential, allowing the Company to refine its exploration targets and optimize future drilling efforts.
Implications for Investors
The commencement of drilling at the Hampore target and the Mobile Magnetotelluric survey signify Great Pacific Gold Corp.’s commitment to advancing its exploration efforts in Papua New Guinea. Investors can look forward to forthcoming results from these activities, which have the potential to significantly impact the Company’s resource estimation and valuation.
Impacts on the World
The exploration activities at the Kesar Project in Papua New Guinea have broader implications for the global mining industry. Discoveries of new mineral deposits and successful resource delineation could contribute to global mineral supply chains and economic development in the region.
Conclusion
Great Pacific Gold Corp.’s ongoing exploration efforts at the Hampore target and the broader Kesar Project represent an important milestone in the Company’s pursuit of mineral resources in Papua New Guinea. With drilling underway and a Mobile Magnetotelluric survey in progress, Great Pacific Gold Corp. is positioning itself for potential resource discoveries and future growth opportunities in the mining sector.