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Great Pacific Gold Launches First Drilling at High-Potential Kasie Ridge Target

Story Highlights
  • Great Pacific Gold has started first-ever drilling at Kasie Ridge with a second rig, expanding exploration at its Wild Dog gold-copper project in Papua New Guinea.
  • Kasie Ridge’s large advanced argillic alteration system and supporting geophysics suggest a robust, potentially porphyry-related target that could significantly upgrade project potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Great Pacific Gold Launches First Drilling at High-Potential Kasie Ridge Target

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The latest announcement is out from Great Pacific Gold ( (TSE:GPAC) ).

Great Pacific Gold has mobilized a second diamond drill rig to its Wild Dog Project in Papua New Guinea and commenced the first-ever drilling at the Kasie Ridge epithermal gold-copper target. The move expands the company’s exploration capacity on site, complementing ongoing drilling at the Kavasuki target and supporting its strategy to accelerate project advancement in 2026.

Kasie Ridge hosts the largest preserved advanced argillic alteration system identified so far at Wild Dog, with a 1.5–2 kilometre strike and a mineral assemblage indicative of a high-temperature, acidic hydrothermal environment above a potential high-sulphidation or porphyry system at depth. Modern geophysical and structural datasets, including magnetic inversion, MobileMT conductivity and resistivity modelling, underline a robust, structurally focused hydrothermal centre, positioning this initial drill program as a high-risk but potentially high-reward test that could materially enhance the project’s mineral potential if successful.

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 TSE:GPAC Stock

According to Spark, TipRanks’ AI Analyst, TSE: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 TSE:GPAC stock, click here.

More about Great Pacific Gold

Great Pacific Gold Corp. is a mineral exploration company focused on gold and copper, with its flagship Wild Dog Project on the island of New Britain in Papua New Guinea. The company is advancing a pipeline of epithermal and potential porphyry targets along the 15-kilometre Wild Dog Structural Corridor, aiming to delineate high-grade and large-scale mineral systems in a region with established gold prospects such as Sinivit.

Average Trading Volume: 229,655

Technical Sentiment Signal: Buy

Current Market Cap: C$69.3M

For an in-depth examination of GPAC stock, go to TipRanks’ Overview page.

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