The latest announcement is out from Geopacific Resources Limited ( (AU:GPR) ).
Geopacific Resources Limited announced the commencement of a fully-funded 30,000-meter drilling program for its Woodlark Gold Project, set to begin in May 2025. This initiative, backed by a $40 million entitlement offer, aims to extend known gold mineralization and explore new targets to increase mineral resources. The company has partnered with Quest Exploration Drilling and plans to complete a Definitive Feasibility Study by the end of 2025, potentially impacting its operational capabilities and market positioning positively.
More about Geopacific Resources Limited
Geopacific Resources Limited is a company operating in the mining industry, focusing on gold exploration and development. Its primary project is the Woodlark Gold Project, which aims to expand its mineral resources and enhance its market position in the gold sector.
YTD Price Performance: -53.57%
Average Trading Volume: 4,086
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $40.01M
See more data about GPR stock on TipRanks’ Stock Analysis page.