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Great Pacific Gold Corp FSXLF


Primary Symbol: V.GPAC

Great Pacific Gold Corp. operates a portfolio of high-grade gold projects in Papua New Guinea (PNG) and Australia. In PNG, it holds a significant 2,513 sq. km mineral exploration land package. It includes early-stage and advanced-stage exploration targets with high-grade epithermal vein and porphyry-style mineralization present. Its Arau Project consists of two exploration licenses, located in the Kainantu region, and includes the Mt. Victor Prospect, hosting copper and gold mineralization. Its Wild Dog Project consists of one granted exploration license, EL 2761, and one exploration license application, ELA 2516, located on the island of New Britain and about 50 km southwest of Rabaul and Kokopo, PNG. Its Kesar Creek Project consists of one exploration license, EL 2711, and is contiguous with the K92 Mining Inc. tenements. Its The Tinga Valley Property consists of one exploration license, EL2720, located in the Papua Mobile Belt, which is host to several Tier 1 copper and gold mines.


TSXV:GPAC - Post by User

Comment by Tadon Oct 27, 2020 4:02pm
178 Views
Post# 31790105

RE:RE:RE:Bryan doesn't understand

RE:RE:RE:Bryan doesn't understandBSDetector:

The stock is suffering from a dearth of news. It doesn't take very long to drill each hole; assays take a bit longer but the core with VG will automatically be rushed. There are no excuses. 




There has been alot of press releases from mg't in October, including assay results on Oct. 1 :
 


https://fostervillesouth.com/fosterville-south-reports-long-interval-of-high-grade-gold-assay-from-core-drilling-program-at-golden-mountain/


".....The new results from GMDH 36 include 28 metres at 10.2 g/t Au (9.0m true width), including 13 metres at 17.5 g/t Au (4.2m true width) and 11m at 4.8 g/t Au (3.5m true width). Mineralisation is open at depth, open along strike and deeper drilling is currently ongoing.
 
A full table of the results from GMDH 36, including these results being released today and the previously announced assays, can be found in Table 1.0, GMDH36 Core Drill Results and Intercepts – Golden Mountain.
 
Rex Motton, Chief Operating Officer and Director, states, “Drilling at Golden Mountain continues to intersect high gold grades over lengthy intervals with excellent distribution of grade throughout the hole. These assay results continue to demonstrate the potential for grade, size and continuity. Drilling is ongoing and drill permits are being sought to further escalate and expand the drilling program.......”



The company has only been in existence for a little over six months .... give it some time. 

..... drilling is ongoing, should be more results announced in the next couple of weeks. With the addition of the second drill rig back in July, there should be more results by comparison to the first press releases of assay results from the Golden Mountain property. 


Good management team, excellent project address, significant cash position, fairly tight share structure, politically safe country, good assay results already .... would not be surprised if the neighbour to the north will be watching the exploration story on Lauriston in the coming months.

https://www.caseyresearch.com/pdfs/1267112781-0908208Ps.pdf


I added another 5000 shares of FSX to my collection again this afternoon. 


GLTA 

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