Geopacific Resources Advances Woodlark Gold Project with $40 Million Funding

Geopacific Resources Limited ( (AU:GPR) ) just unveiled an announcement.

Geopacific Resources Limited has successfully completed a $40 million entitlement offer to advance its Woodlark Gold Project over the next 18 months. Key contracts have been awarded to Quest Exploration Drilling and GR Engineering Services for drilling and feasibility studies, respectively. The company is actively engaging with local communities for project updates and support, while also focusing on environmental approvals and exploration activities. Geopacific remains committed to community health, education, and infrastructure, with ongoing efforts in workforce expansion and community relocation.

More about Geopacific Resources Limited

Geopacific Resources Limited is a company operating in the mining industry, focusing on the exploration and development of gold resources. Its primary project is the Woodlark Gold Project, located in Papua New Guinea, where it aims to advance gold mining operations.

YTD Price Performance: -46.43%

Average Trading Volume: 4,461

Technical Sentiment Signal: Buy

Current Market Cap: $47.05M

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