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Great Pacific Gold ( (TSE:GPAC) ) has shared an announcement.
Great Pacific Gold reported new drill results from the Kavasuki target at its Wild Dog Project in Papua New Guinea, including a 38.4-metre intercept grading 2.23 grams per tonne gold equivalent from near surface, with internal high-grade zones up to 16.24 grams per tonne. The results validate a revised west- to west-northwest dipping structural model, confirm continuity of near-surface mineralization about one kilometre north of the Sinivit deposit, and support the view that Kavasuki forms part of a broad, coherent epithermal system along the Wild Dog structural corridor.
A subsequent hole, KVH-04, intersected roughly 60 metres of silica flooding, quartz veining, brecciation and visible sulphides down-dip of KVH-03, reinforcing the interpreted continuation of the system at depth, with assays pending. With drilling now advancing to KVH-05, the company is shifting from confirmation to systematic down-dip testing to refine controls on grade distribution and locate higher-grade shoots, a strategy that could enhance the Wild Dog Project’s resource potential and strengthen Great Pacific Gold’s position in the regional gold exploration landscape.
The most recent analyst rating on (TSE:GPAC) stock is a Hold with a C$0.49 price target. To see the full list of analyst forecasts on Great Pacific Gold stock, see the TSE:GPAC Stock Forecast page.
Spark’s Take on GPAC Stock
According to Spark, TipRanks’ AI Analyst, GPAC is a Neutral.
The score is primarily constrained by weak financial performance (pre-revenue, widening losses, and worsening cash burn) despite a low-debt balance sheet. Technicals are mixed-to-weak with negative MACD and price below key short/mid-term averages, while valuation is difficult to justify on earnings due to ongoing losses and no dividend support.
To see Spark’s full report on GPAC stock, click here.
More about Great Pacific Gold
Great Pacific Gold Corp. is a mineral exploration company focused on epithermal gold and porphyry copper-gold systems, with its flagship Wild Dog Project on the island of New Britain in Papua New Guinea. The company is targeting a 15-kilometre-long structurally controlled mineral corridor that hosts multiple gold prospects, including the Sinivit deposit and the adjacent Kavasuki and Kasie Ridge targets.
Average Trading Volume: 256,124
Technical Sentiment Signal: Sell
Current Market Cap: C$75.02M
Learn more about GPAC stock on TipRanks’ Stock Analysis page.