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South Pacific Metals Corp. V.SPMC

Alternate Symbol(s):  SPMEF

South Pacific Metals Corp., formerly Kainantu Resources Ltd., is an Asia-Pacific focused gold mining company with four prospective gold-copper projects, such as May River, Kili Teke, KRL North and KRL South (including the prospective Ontenu prospect). All projects are located in mining regions in Papua New Guinea (PNG). Both KRL North and KRL South host high-grade epithermal and porphyry mineralization in the Kainantu Gold District. The May River project is in close proximity to the Frieda River Copper-Gold Project, with historical drilling indicating the potential for significant copper-gold projects. May River project is located less than 15 kilometers (km) from the PanAust-owned Frieda River Project. Kili Teke project is an advanced development project with an existing NI43-101 compliant inferred mineral resource. The Kili Teke project comprises EL 2310 and is located approximately 40 km west-northwest of the Porgera Gold Mine, in the Koroba-Kopiago District of Hela Province, PNG.


TSXV:SPMC - Post by User

South Pacific Metals Corp.
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Post by Betteryear2on Oct 16, 2024 8:10am
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Post# 36267713

Identifies Additional Large Copper-Gold Target V.SPMC

Identifies Additional Large Copper-Gold Target V.SPMCVancouver, British Columbia--(Newsfile Corp. - October 16, 2024) - South Pacific Metals Corp. (TSXV: SPMC) (OTCQB: SPMEF) (FSE: 6J00) ("SPMC" or the "Company"), an emerging gold-copper exploration company operating across Papua New Guinea, is pleased to announce another significant Copper-Gold intrusive target has now been identified at the Ontenu Cu-Au Prospect. The new target, Ontenu Northeast is now the fifth large-scale target discovered within an expanded 5 km by 3 km mineralized area, located along strike in the Kainantu Transfer Zone adjacent to K92 Mining's tenement (see Figures 1 & 2).

South Pacific Metals Identifies Additional Large Copper-Gold Target at Osena Project, Papua New Guinea (newsfilecorp.com)
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