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An update from Geopacific Resources Limited ( (AU:GPR) ) is now available.
Geopacific Resources Limited has commenced a significant 30,000-meter drilling campaign at its Woodlark Gold Project in Papua New Guinea. This initiative aims to extend known gold mineralization and explore new targets to increase the project’s mineral resources. The drilling program, which includes 174 planned drill holes, is a crucial step in supporting the upcoming Definitive Feasibility Study and is expected to continue into 2026. The project focuses on high-potential areas such as Boscalo North and Great Northern prospects, with initial assay results anticipated in the coming months. This exploration effort is seen as a major advancement in unlocking further value from the company’s existing 1.67 million-ounce resource base, potentially enhancing its industry positioning and offering significant implications for stakeholders.
More about Geopacific Resources Limited
Geopacific Resources Limited is a mining company focused on the exploration and development of gold resources. The company is primarily engaged in the Woodlark Gold Project in Papua New Guinea, where it aims to expand its mineral resource base through extensive drilling programs.
YTD Price Performance: 15.00%
Average Trading Volume: 547,884
Technical Sentiment Signal: Sell
Current Market Cap: A$73.2M
See more data about GPR stock on TipRanks’ Stock Analysis page.