| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -33.79K | -63.65K | -94.34K | -108.18K | -172.48K |
| EBITDA | -12.96M | -18.09M | -4.31M | -5.96M | -11.91M |
| Net Income | -12.99M | -18.17M | -4.41M | -6.07M | -12.10M |
Balance Sheet | |||||
| Total Assets | 37.61M | 26.84M | 20.77M | 16.85M | 23.03M |
| Cash, Cash Equivalents and Short-Term Investments | 17.51M | 5.42M | 11.22M | 15.64M | 21.65M |
| Total Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 4.64M | 2.13M | 470.00K | 235.03K | 392.70K |
| Stockholders Equity | 32.51M | 24.92M | 20.30M | 16.62M | 22.64M |
Cash Flow | |||||
| Free Cash Flow | -11.39M | -9.06M | -5.43M | -6.08M | -8.49M |
| Operating Cash Flow | -11.17M | -8.19M | -5.00M | -5.97M | -8.20M |
| Investing Cash Flow | 2.10M | -2.22M | 220.88K | -126.91K | 511.59K |
| Financing Cash Flow | 20.20M | 4.62M | 380.00K | 128.40K | -13.17K |
Great Pacific Gold has completed the spin-out of Walhalla Gold Corp., distributing Walhalla shares to its shareholders. This strategic move allows Walhalla, which owns the Walhalla Gold Project in Victoria, Australia, to become a reporting issuer in British Columbia and potentially list on the Canadian Securities Exchange. The spin-out also results in the cancellation of GPAC’s Class A shares, with shareholders receiving new GPAC shares. This development is expected to enhance the company’s operational focus and market positioning while retaining a 2% net smelter return royalty on the Walhalla Gold Project.
Great Pacific Gold Corp. announced promising results from its Phase 1 diamond drill program at the Wild Dog Project, with a notable intercept of 9.5 meters at 13.8 g/t AuEq. The company plans to expand its drilling operations with a second drill rig arriving in January 2026, aiming for a significant increase in activity. The results enhance the geological confidence in the project, suggesting potential for a substantial epithermal system, and position the company for a transformative year ahead.
Great Pacific Gold Corp. has announced a special meeting on November 27, 2025, for shareholders to approve the spinout of Walhalla Gold Corp., which will own the Walhalla Gold Project in Victoria, Australia. This strategic move is expected to provide shareholders with direct exposure to a district-scale gold project, enhancing the company’s focus on high-grade gold exploration. The Walhalla Gold Project is situated in a historically rich goldfield with significant potential for high-grade mineralization, and the company is preparing for drilling activities in early 2026.