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Geopacific Resources Secures Extension for Woodlark Gold Project Development

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Geopacific Resources Secures Extension for Woodlark Gold Project Development

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Geopacific Resources Limited ( (AU:GPR) ) has provided an update.

Geopacific Resources Limited has received approval from the PNG Minister for Mining to extend the Woodlark Mining Lease, providing flexibility for the development of its 1.67 Moz gold project. This extension reflects strong government support and allows the company to align project construction with its Definitive Feasibility Study and exploration success, underscoring the potential of the Woodlark Gold Project.

More about Geopacific Resources Limited

Geopacific Resources Limited is a company operating in the mining industry, focusing on the development of gold projects. Its primary project is the Woodlark Gold Project located in Papua New Guinea, which aims to optimize development planning and execution.

YTD Price Performance: 50.0%

Average Trading Volume: 584,687

Technical Sentiment Signal: Hold

Current Market Cap: A$92.29M

For detailed information about GPR stock, go to TipRanks’ Stock Analysis page.

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