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Geopacific Resources Limited ( (AU:GPR) ) just unveiled an update.
St Barbara Ltd, a prominent Papua New Guinea gold producer, has acquired a 14.4% strategic interest in Geopacific Resources Limited by purchasing 458.6 million shares from Patronus Resources. This acquisition aligns Geopacific with an experienced operator in the region, enhancing its strategic positioning as it develops the Woodlark Gold Project, potentially benefiting stakeholders through increased expertise and operational support.
More about Geopacific Resources Limited
Geopacific Resources Limited is a company operating in the mining industry, focusing on the development of gold projects. Its primary asset is the Woodlark Gold Project, which is 100% owned and located in Papua New Guinea. The company is focused on advancing this project, which has a significant mineral resource estimate.
YTD Price Performance: 55.00%
Average Trading Volume: 644,609
Technical Sentiment Signal: Hold
Current Market Cap: A$95.47M
For detailed information about GPR stock, go to TipRanks’ Stock Analysis page.