Great Pacific Gold Completes Acquisition Highlights:
- 347 sq km granted exploration license (“EL”) located 140 km along strike of ‘World Class’ Ok Tedi Copper-Gold Mine with very similar geological setting.
- Tinga Valley Property highly prospective for large and high-grade porphyry style copper-gold mineralization and associated massive sulphide-magnetite skarn mineralization with elevated copper and gold-silver grades with several large high priority drill targets already identified over a 2.5km x 1.5km footprint.
- Historic surface exploration work identified extensive Copper and Gold grades across a 2km copper mineralized zone including grades above 1.97% Cu, 12.7g/t Au.
- Tinga Valley Property will complement extensive copper-gold portfolio in PNG with exploration planned to unlock major Copper, Gold Porphyry potential in 2024.
VANCOUVER, British Columbia, May 22, 2024 (GLOBE NEWSWIRE) -- Great Pacific Gold Corp. ("Great Pacific Gold,” “GPAC,” or the "Company") (TSXV: GPAC) (OTCQX: FSXLF) (Germany: 4TU) is pleased to announce that it has completed the acquisition of Tinga Valley Copper & Gold Corp. (“Tinga”) pursuant to the terms of an amalgamation agreement dated April 12, 2024 (the “Amalgamation Agreement”) with Tinga and a wholly-owned subsidiary of GPAC (the “Acquisition”). Tinga, through a Papua New Guinea (“PNG”) subsidiary, holds a highly prospective Papua New Guinea copper-gold project called the Tinga Valley Property.
Great Pacific Gold Completes Acquisition of Tinga Valley (globenewswire.com)