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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 Lafajeton Aug 20, 2021 10:32am
149 Views
Post# 33739418

RE:RE:RE:Well that was nice while it lasted!

RE:RE:RE:Well that was nice while it lasted!Normally, an early hit like they did in Reedy Creek is a very strong sign, or they was extremely lucky. Even luck is a part of the game, i believe the team did a good work resulting in the great find. If they manage to deliver another result of the same calibre, which i believe, the market will start to show a more "fundamental" interest. Kirkland Lake's fosterville mine, which is neighbour to FSX Lauriston asset (sharing the same fault system) have a short- limited life, and they need to find a replacement, at least if they want to keep up the same pace as today. This mine alone stand for approx 50% of the total income to the company, and with an production rate of approx 600K OZ a year from this mine, the high grade portion of the reservoar will be gone in less than 3 year. If FSX can find a similar reservoar to KL' swan Zone, they would defenately be interested. Just my humle opinion.
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