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Kainantu Resources Ltd ( (TSE:SPMC) ) just unveiled an announcement.
South Pacific Metals Corp announced the commencement of their 2025 gold-copper exploration programs after successfully securing C$6.3 million in financing. The company plans extensive exploration activities across its projects in Papua New Guinea, aiming to expand mineral potential and advance towards resource delineation. Additionally, SPMC has engaged Danayi Capital Corp to provide investor relations and digital marketing services to enhance market awareness.
More about Kainantu Resources Ltd
South Pacific Metals Corp is an emerging gold-copper exploration company operating in Papua New Guinea. The company owns a 3,100 km² land package with four gold-copper projects near major producers like K92 Mining, PanAust, and Barrick/Zijin. SPMC focuses on rigorous technical programs for exploration and discovery in its Anga, Osena, Kili Teke, and May River projects.
YTD Price Performance: 13.33%
Average Trading Volume: 36,277
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$19.75M
For a thorough assessment of SPMC stock, go to TipRanks’ Stock Analysis page.