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Geopacific Resources Limited ( (AU:GPR) ) has provided an announcement.
Geopacific Resources has announced a senior leadership overhaul as it nears completion of the Definitive Feasibility Study for its Woodlark Gold Project in Papua New Guinea, which is expected to confirm the asset as a technically robust and economically attractive gold development. The board has moved to align management capabilities with the project’s shift from study to execution, targeting a smoother path toward financing, construction and eventual operations.
Hamish Bohannan has been appointed managing director from 1 May 2026, bringing more than 40 years of global mining experience in taking projects from study to production, while CEO James Fox has stepped down after leading Woodlark to a development‑ready stage. In parallel, experienced mining executive Rowan Johnston becomes non‑executive chairman, reshaping the board to strengthen project delivery credentials as Woodlark seeks to capitalize on rising international interest and capital flows into PNG’s resource and infrastructure sectors.
The refreshed board now consists of Johnston as non‑executive chairman, Bohannan as managing director and four non‑executive directors, including former chair Graham Ascough, maintaining continuity while deepening operational expertise. This governance reset signals Geopacific’s intent to de‑risk project execution and enhance its positioning as a prospective long‑term gold producer in a strategically important mining jurisdiction, with potential implications for shareholder returns and local stakeholders as development progresses.
More about Geopacific Resources Limited
Geopacific Resources Limited is an Australia‑based mining company focused on developing the 1.67‑million‑ounce Woodlark Gold Project in Papua New Guinea. The company operates in the gold sector and aims to advance Woodlark from feasibility through financing, construction and into production, leveraging growing international interest in PNG’s large‑scale resource developments.
Average Trading Volume: 657,717
Technical Sentiment Signal: Hold
Current Market Cap: A$157.1M
For an in-depth examination of GPR stock, go to TipRanks’ Overview page.