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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

Post by ValueProon Nov 04, 2024 11:22am
42 Views
Post# 36295334

Just a "for what it' worth" between progress reports.

Just a "for what it' worth" between progress reports.I am somewhat conversant with the mining history of New Guinea since WWII. Except for a few instances, explorers have largely ignored the island until this century. Yes, there are mines on both sides of the island - two different countries - but compared to the size of the land mass, the place is largely unexplored. 

If one looks at the concentrations of major mining activity in northern Australia and nearby Indonesia, it can be understood that New Guinea must also be rich in precious and base metals. So what is going on there now is tantamount to the whole island becoming one vast area play from which a "rush" may be developing. And as history shows, those who stake claims early in a "rush" are more likely to get rich.

...all in my opinion. Do you own DD.

VP in AZ



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