Geopacific advances Woodlark DFS and secures key environmental approval

An update from Geopacific Resources Limited ( (AU:GPR) ) is now available.

Geopacific Resources reported solid progress on the Woodlark Gold Project during the March 2026 quarter, with key technical and financial work on the Definitive Feasibility Study completed and delivery expected in May alongside updated ore reserves and mineral resources. The company secured approval for amendments to its environmental permit to support a higher processing throughput, advanced funding preparations, continued near-mine drilling that delivered high-grade intercepts, maintained a strong safety record, supported local communities and confirmed it held $14 million in cash and term deposits despite temporary disruption from Cyclone Maila.

Regulatory approval for the environmental permit amendment and ongoing engagement with Papua New Guinea authorities position Woodlark closer to being finance-ready and development-ready, reinforcing the project’s long-term potential. Exploration success, progress on independent technical reviews, and sustained community and environmental management underpin Geopacific’s efforts to de-risk the project and could enhance its standing among financiers and stakeholders as it moves toward a final investment decision.

More about Geopacific Resources Limited

Geopacific Resources Limited is an ASX-listed gold exploration and development company focused on advancing the Woodlark Gold Project in Papua New Guinea. The company’s activities centre on exploration drilling, feasibility studies, permitting and project development to bring the Woodlark deposit into long-life gold production.

Average Trading Volume: 681,127

Technical Sentiment Signal: Hold

Current Market Cap: A$153.9M

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