An announcement from Geopacific Resources Limited ( (AU:GPR) ) is now available.
Geopacific Resources Limited successfully closed a A$40 million entitlement offer, with strong support from existing shareholders. The funds will be used to advance a 30,000-meter drilling program, contributing to an updated Definitive Feasibility Study by the end of 2025, which is expected to enhance its Woodlark Gold Project’s resource growth and financial returns.
More about Geopacific Resources Limited
Geopacific Resources Limited is a company operating in the mining industry, primarily focused on gold exploration and development. Its key project is the Woodlark Gold Project, aimed at unlocking significant gold resources and enhancing its value proposition.
YTD Price Performance: 0.0%
Average Trading Volume: 10,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $41.65M
Learn more about GPR stock on TipRanks’ Stock Analysis page.