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An announcement from Geopacific Resources Limited ( (AU:GPR) ) is now available.
Geopacific Resources Limited has announced promising results from surface auger sampling at its Woodlark Gold Project, revealing multiple high-grade gold zones. The results extend known mineralization at the Wayai Creek SSW and Little MacKenzie prospects, with a major 30,000-meter drilling program set to begin in June 2025 to further explore and potentially expand the project’s mineral resources. This development underscores the project’s strong prospectivity and could significantly enhance Geopacific’s resource base, positioning the company well within the gold mining sector.
More about Geopacific Resources Limited
Geopacific Resources Limited is a company operating in the mining industry, primarily focused on gold exploration and development. Their main project is the Woodlark Gold Project in Papua New Guinea, which is wholly owned by the company and has a significant mineral resource base.
YTD Price Performance: 20.0%
Average Trading Volume: 525,525
Technical Sentiment Signal: Hold
Current Market Cap: A$76.38M
See more insights into GPR stock on TipRanks’ Stock Analysis page.