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Kainantu Resources Ltd ( (TSE:SPMC) ) has issued an update.
South Pacific Metals Corp. has appointed Timo Jauristo as a Strategic Advisor, leveraging his extensive 40-year experience in the mining industry to guide the company through its exploration phase. Jauristo’s involvement is expected to enhance the company’s strategic positioning as it advances its Osena and Anga Gold-Copper Projects in Papua New Guinea’s Kainantu Gold Region, highlighting the untapped potential of these assets.
More about Kainantu Resources Ltd
South Pacific Metals Corp. is an emerging gold-copper exploration company operating in Papua New Guinea. The company holds a significant land package of 3,100 km² with four transformative projects, Anga, Osena, Kili Teke, and May River, located in proximity to major producers such as K92 Mining and Barrick/Zijin. These projects are situated in proven gold and copper production corridors, with a focus on rigorous technical exploration to prioritize discovery.
Average Trading Volume: 32,118
Technical Sentiment Signal: Buy
Current Market Cap: C$28M
See more insights into SPMC stock on TipRanks’ Stock Analysis page.