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Fosterville South Exploration ( (TSE:GPAC) ) just unveiled an announcement.
Great Pacific Gold has completed the sale of its Reedy Creek and Providence Projects in Australia to Golden Cross Resources. The transaction involved a cash payment and issuance of shares, with potential additional payments contingent on future mineral resource establishment and commercial production. This sale allows Great Pacific Gold to focus on its core projects while providing Golden Cross with new exploration opportunities.
More about Fosterville South Exploration
Great Pacific Gold is a company with a portfolio of exploration-stage projects in Papua New Guinea and Australia, focusing on developing gold-copper resources. Its core projects include the Kesar Project in Papua New Guinea, which is a greenfield exploration project with high-priority targets and high-grade gold veins.
YTD Price Performance: -38.21%
Average Trading Volume: 96,565
Technical Sentiment Signal: Buy
Current Market Cap: $27.63M
For an in-depth examination of GPAC stock, go to TipRanks’ Stock Analysis page.