Great Pacific Gold Provides Kesar Project Update
Great Pacific Gold Corp. (FSXLF) has provided an update on its exploration activities at the Kesar Project in Papua New Guinea, adjacent to K92 Mining's Kainantu Mine. The company has completed a MobileMT geophysical survey across the entire tenement, revealing large-scale structures similar to K92 Mining's.
At the Anteruno target, drilling produced gold-bearing intervals in all holes, with notable intersections including 3.13 meters @ 3.67 g/t gold and 0.23 meters @ 6.61 g/t gold. The company has completed four holes at the Hampore target totaling 943.9 meters, with a fifth hole underway. Drilling at Hampore has intercepted hydrothermal breccia with quartz-carbonate vein and semi-massive pyrite, visually similar to K92 Mining deposits.
The company plans to continue drilling with one diamond drill rig at Kesar through April to expand upon the initial results. A 1,200-metre drill program at Fufunambi has been designed based on MobileMT data, mapping, high-grade rock chip results, and evidence of artisanal mining.
Great Pacific Gold Corp. (FSXLF) ha fornito un aggiornamento sulle sue attività di esplorazione presso il Progetto Kesar in Papua Nuova Guinea, adiacente alla miniera Kainantu della K92 Mining. L'azienda ha completato un'indagine geofisica MobileMT su tutto il permesso, rivelando strutture su larga scala simili a quelle della K92 Mining.
Presso il target Anteruno, i sondaggi hanno prodotto intervalli auriferi in tutti i fori, con intersezioni notevoli che includono 3,13 metri @ 3,67 g/t di oro e 0,23 metri @ 6,61 g/t di oro. L'azienda ha completato quattro fori presso il target Hampore per un totale di 943,9 metri, con un quinto foro in corso. I sondaggi a Hampore hanno intercettato breccia idrotermale con vene di quarzo-carbonato e pirite semi-massiva, visivamente simile ai depositi della K92 Mining.
L'azienda prevede di continuare le perforazioni con un impianto di perforazione a diamante presso Kesar fino ad aprile per espandere i risultati iniziali. Un programma di perforazione di 1.200 metri presso Fufunambi è stato progettato sulla base dei dati di MobileMT, della mappatura, dei risultati di campioni di roccia ad alta legge e delle evidenze di estrazione artigianale.
Great Pacific Gold Corp. (FSXLF) ha proporcionado una actualización sobre sus actividades de exploración en el Proyecto Kesar en Papúa Nueva Guinea, adyacente a la mina Kainantu de K92 Mining. La compañía ha completado un estudio geofísico MobileMT en toda la concesión, revelando estructuras a gran escala similares a las de K92 Mining.
En el objetivo Anteruno, la perforación ha producido intervalos con oro en todos los agujeros, con intersecciones notables que incluyen 3,13 metros @ 3,67 g/t de oro y 0,23 metros @ 6,61 g/t de oro. La compañía ha completado cuatro agujeros en el objetivo Hampore con un total de 943,9 metros, y un quinto agujero está en proceso. La perforación en Hampore ha interceptado brecha hidrotermal con vetas de cuarzo-carbonato y pirita semi-masiva, visualmente similar a los depósitos de K92 Mining.
La compañía planea continuar la perforación con un equipo de perforación de diamante en Kesar hasta abril para ampliar los resultados iniciales. Se ha diseñado un programa de perforación de 1,200 metros en Fufunambi basado en datos de MobileMT, mapeo, resultados de muestras de roca de alta ley y evidencia de minería artesanal.
Great Pacific Gold Corp. (FSXLF)는 파푸아뉴기니의 Kesar 프로젝트에서 탐사 활동에 대한 업데이트를 제공했습니다. 이 프로젝트는 K92 Mining의 Kainantu 광산과 인접해 있습니다. 회사는 전체 권리에 걸쳐 MobileMT 지구물리학 조사를 완료했으며, K92 Mining과 유사한 대규모 구조를 발견했습니다.
안테루노 타겟에서의 시추는 모든 구멍에서 금이 포함된 간격을 생성했으며, 주목할 만한 교차점으로는 3.13미터 @ 3.67 g/t 금 및 0.23미터 @ 6.61 g/t 금이 포함됩니다. 회사는 햄포어 타겟에서 총 943.9미터에 걸쳐 4개의 구멍을 완료했으며, 현재 다섯 번째 구멍이 진행 중입니다. 햄포어에서의 시추는 K92 Mining의 매장지와 시각적으로 유사한 석영-탄산염 vein과 반대량의 황철석을 포함하는 열수 브레치아를 관통했습니다.
회사는 4월까지 Kesar에서 초기 결과를 확장하기 위해 다이아몬드 드릴 장비로 계속 시추할 계획입니다. 푸푸남비에서의 1,200미터 시추 프로그램은 MobileMT 데이터, 매핑, 고급 암석 조각 결과 및 수공예 채굴의 증거를 기반으로 설계되었습니다.
Great Pacific Gold Corp. (FSXLF) a fourni une mise à jour sur ses activités d'exploration au Projet Kesar en Papouasie-Nouvelle-Guinée, adjacent à la mine Kainantu de K92 Mining. L'entreprise a complété une enquête géophysique MobileMT sur l'ensemble du permis, révélant des structures à grande échelle similaires à celles de K92 Mining.
Au cible Anteruno, le forage a produit des intervalles aurifères dans tous les trous, avec des intersections notables incluant 3,13 mètres @ 3,67 g/t d'or et 0,23 mètres @ 6,61 g/t d'or. L'entreprise a complété quatre trous au cible Hampore totalisant 943,9 mètres, avec un cinquième trou en cours. Le forage à Hampore a intercepté une brèche hydrothermale avec des veines de quartz-carbonate et de la pyrite semi-massive, visuellement similaire aux dépôts de K92 Mining.
L'entreprise prévoit de continuer le forage avec une foreuse à diamant au Kesar jusqu'en avril pour étendre les résultats initiaux. Un programme de forage de 1 200 mètres à Fufunambi a été conçu sur la base des données MobileMT, de la cartographie, des résultats de roches de haute teneur et des preuves de l'exploitation artisanale.
Great Pacific Gold Corp. (FSXLF) hat ein Update zu seinen Explorationsaktivitäten im Kesar-Projekt in Papua-Neuguinea, angrenzend an die Kainantu-Mine von K92 Mining, bereitgestellt. Das Unternehmen hat eine MobileMT-geophysikalische Untersuchung über das gesamte Konzessionsgebiet abgeschlossen, die großflächige Strukturen ähnlich denen von K92 Mining aufgedeckt hat.
Am Anteruno-Ziel hat die Bohrung goldhaltige Intervalle in allen Löchern produziert, mit bemerkenswerten Schnittpunkten, darunter 3,13 Meter @ 3,67 g/t Gold und 0,23 Meter @ 6,61 g/t Gold. Das Unternehmen hat vier Löcher am Hampore-Ziel mit insgesamt 943,9 Metern abgeschlossen, wobei ein fünftes Loch im Gange ist. Die Bohrungen in Hampore haben hydrothermale Brekzien mit Quarz-Karbonat-Veinen und semi-massiven Pyrit durchbohrt, die visuell den Ablagerungen von K92 Mining ähnlich sind.
Das Unternehmen plant, die Bohrungen mit einer Diamantbohranlage im Kesar bis April fortzusetzen, um die ersten Ergebnisse zu erweitern. Ein 1.200 Meter umfassendes Bohrprogramm in Fufunambi wurde basierend auf MobileMT-Daten, Kartierung, hochgradigen Gesteinsproben und Hinweisen auf artisanal Bergbau entworfen.
- Gold-bearing intervals discovered in every Anteruno drill hole, confirming presence of high-grade polymetallic gold mineralization
- Hampore drilling intercepted promising hydrothermal breccia structures similar to neighboring K92 Mining deposits
- MobileMT survey identified significant magnetic and conductive anomalies across entire tenement
- Strategic location adjacent to producing K92 Mining's Kainantu Mine
- Anteruno mineralization to thin veins despite high grades
- All Hampore drill assay results still pending
- Initial Anteruno drilling interpreted to be south of main target areas
Vancouver, British Columbia--(Newsfile Corp. - April 1, 2025) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: FSXLF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") is providing an update on its exploration activities at the Kesar Project, which is contiguous to and northwest of K92 Mining's Kainantu Mine in Papua New Guinea ("PNG").
Previously (see news release February 6, 2025) the Company announced that it had completed a drill program (5 holes for a total of 2,112 meters) at the Anteruno target at Kesar and had relocated the diamond drill rig to the high priority targets at the East Vein Zone, initially at Hampore (Figure 1). The Company also reported that it had commenced a Mobile Magnetotelluric (MobileMT) geophysical survey across the broader project area.
Key Highlights:
- A MobileMT survey has been completed across the entire tenement, with high-resolution 100 meter line spacing infill over the most prospective areas. The data outlines a large-scale, well-defined network of deep-seated structures with strong connectivity to known mineralization and geochemical anomalies at Hampore and Fufunambi. These structures are on trend and of comparable scale to those at K92 Mining (Figure 2).
- At Anteruno, MobileMT data highlights a reduced conductive anomaly on the margin of a larger regional system, an encouraging structural setting.
- Drilling at Anteruno, while now interpreted to be south of the main target areas, did produce gold bearing intervals in every drill hole and confirmed the presence of high-grade polymetallic gold mineralization, including the following intervals:
- KDH-03 intercepted 3.13 meters @ 3.67 g/t gold from 82.49 meters, including
- 0.71 meters @ 13.5 g/t gold from 84.46 meters, and
- KDH-05 intercepted 0.23 meters @ 6.61 g/t gold from 62.52 meters.
- Initial drilling of high-priority targets at Hampore is nearing completion with four holes (KDH-06 to KDH-09) completed for 943.9 meters and hole (KDH-10) underway.
- Hampore drilling has intercepted hydrothermal breccia with quartz-carbonate vein and semi-massive pyrite, visually similar to K92 Mining deposits such as Kora and Judd (Figure 3 and 4). Assay results are pending.
- MobileMT data, recent mapping, high-grade rock chip results, and evidence of artisanal mining have all contributed to the design of a 1,200-metre drill program at Fufunambi.
"A high-grade discovery at Kesar has the potential to be transformational for Great Pacific Gold," commented Greg McCunn, CEO. "With our diamond drill program, we have been vectoring in on high-grade mineralization that has been observed in rock chips, soil samples and mapping. The encouraging results at Anteruno, despite being south of the main target area identified by the MobileMT survey, supports our thesis of an extensive mineralized system at Kesar. Given the success of the program to-date, we are expecting to continue drilling with one diamond drill rig at Kesar through April to expand upon the initial results."
Figure 1: Location map of various Kesar Project target areas.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11018/246996_724b018d3423a8cc_002full.jpg
Kesar MobileMT Geophysics Survey
Preliminary MobileMT survey results have identified several significant magnetic and conductive anomalies across the entire Kesar tenement. The Hampore area lies immediately southwest of a significant northwest-trending conductive zone, while the Fufunambi area is positioned closer to prominent conductivity highs. Recent detailed mapping in these two areas highlight this zone as an important intersection between northeast and northwest-trending structural corridors, representing a highly prospective structural setting.
With the successful completion of the MobileMT survey, the Company is now focused on unlocking further value from the dataset through advanced interpretation and integration with existing geological information. The Company has engaged Expert Geophysics (EGL) to deliver a suite of interpretive products designed to refine drill targeting and improve structural understanding across the Kesar project area, where the geophysical signature strongly resembles that of K92 Mining. Interpretation work is currently in progress, with outcomes from this phase expected to inform drill program planning and be shared with the market once finalized.
The apparent conductivity trends from the Kesar MobileMT survey are shown in Figure 2, alongside publicly available data from the nearby K92 Mine for regional comparison.
Figure 2: Apparent Conductivity Map at 86 Hz (Source of K92 information: Exploration for deep gold bearing structures with natural field airborne electromagnetics; A Prikhodko, A Sirohey, A Bagrianski; Extended Absracts – 17th SAGA Biennial Conference & Exhibition 2022).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11018/246996_724b018d3423a8cc_003full.jpg
Figure 3: Kainantu Mine Judd J1 Vein Zone Drill Core (Source: K92 Mining Announces Multiple New Near-Mine Infrastructure Dilatant Zones Identified and High-Grade Zones Extended December 3, 2024)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11018/246996_724b018d3423a8cc_004full.jpg
Figure 4: KDH-08 Core Photograph: 181.5 – 185.2m; Hydrothermal breccia with Quartz-Carbonate vein and semi-massive pyrite.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11018/246996_4.jpg
Anteruno Prospect Exploration Summary and Highlights
The Anteruno Prospect, part of the Kesar Project located northwest of the producing K92 Mine within the mineralized Markham Transfer corridor, has recently completed its initial drilling program. Five drill holes totaling 2,112.40 meters were completed (Table 1), targeting mineralization hosted predominantly within granodiorite intrusions of the Akuna Intrusive Suite.
Table 1: Anteruno Area Drill Program Nov 2024 to January 2025
| Hole ID | Easting | Northing | RL | Grid ID | Dip | Azi | Max Depth (m) | Status |
| KDH001 | 368154 | 9325106 | 1408 | WGS84_55S | -55 | 185 | 500.0 | Completed |
| KDH002 | 368241 | 9324882 | 1293 | WGS84_55S | -60 | 185 | 27.5 | Abandoned |
| KDH002A | 368241 | 9324882 | 1293 | WGS84_55S | -50 | 045 | 400.0 | Completed |
| KDH003 | 368153 | 9325106 | 1408 | WGS84_55S | -55 | 035 | 320.7 | Completed |
| KDH004 | 367879 | 9324902 | 1314 | WGS84_55S | -50 | 245 | 504.6 | Completed |
| KDH005 | 368426 | 9324846 | 1256 | WGS84_55S | -55 | 245 | 359.6 | Completed |
| Total | 2,112.4 |
Multiple vein and structural intercepts exhibit gold mineralization between 0.5 to >10 g/t Au, highlighting potential for polymetallic, intrusion-related style mineralization. Key intercepts are shown in Table 2.
Key geological observations from Anteruno were, as follows:
Mineralization dominated by quartz-carbonate-polymetallic veins associated with base metals (sphalerite, galena, molybdenite, chalcopyrite) and arsenopyrite.
Strong structural control with mineralization hosted within NW-SE trending fault zones and secondary E-W trending structures.
Alteration patterns include widespread propylitic (chlorite) alteration and localized phyllic (sericite-clay) and argillic alteration halos associated with higher-grade mineralization.
Geochemical correlation suggests gold association primarily with arsenic, antimony, lead, zinc, and locally bismuth.
The initial results from Anteruno provide evidence for high-grade polymetallic gold mineralization, though limited to thin veins. Soil and rock chip anomalism within the main Anteruno prospect area has been adequately tested by the five drill holes.
Table 2: Anteruno Key Drill Intercepts
| Hole ID | From (m) | To (m) | Interval* (m) | Gold g/t | Silver g/t | Copper g/t |
| KDH-01 | 32.60 | 32.80 | 0.20 | 2.60 | 19.50 | 0.03 |
| KDH-02A | 65.80 | 66.83 | 1.03 | 1.65 | 62.60 | 0.12 |
| KDH-03 | 51.78 | 52.87 | 1.09 | 2.30 | 17.40 | 0.01 |
| KDH-03 | 82.47 | 85.60 | 3.13 | 3.67 | 10.78 | 0.01 |
| Including | 84.46 | 85.17 | 0.71 | 13.50 | 23.80 | 0.02 |
| KDH-04 | 122.00 | 122.30 | 0.30 | 2.57 | 3.67 | 0.24 |
| KDH-05 | 62.52 | 62.75 | 0.23 | 6.61 | ** | ** |
* Additional drilling is required to determine true widths.
** Assays pending.
The Anteruno project area remains an important piece of the broader geological framework, situated along a diffuse boundary between moderately conductive and resistive domains on the margin of a larger regional system. This setting is considered significant for understanding the structural architecture and fluid flow pathways that may control mineralization across the district. Ongoing work, including detailed geological mapping, geochemical zonation, and structural modelling, continues to refine its role in the broader exploration strategy.
Hampore Prospect Exploration Summary and Interpretation To-Date
The five drill holes at the Hampore Prospect (Table 3) targeted surface mineralization with exceptionally high-grade gold assays in rock chip samples (up to 110.0 g/t Au). Both KDH-06 and KDH-07 successfully intersected multiple mineralized structures hosted within granodiorite. Drill hole KDH-08 targeted bedded meta-sediments (phyllites), intersecting significant structural and alteration zones. Observations indicate strong pervasive secondary biotite alteration and sericite associated with vein halos, brecciation, and multiple structural intersections. KDH-09 intercepted multiple zones with faulting and mineralized veins. The predominant lithology was meta-sediments (Phyllites) and drilling intersected the contact with granodiorite. Final assay results are pending for all Hampore holes.
Table 3: Initial Drilling at Hampore January-March 2025
| Hole ID | Easting | Northing | RL | Grid ID | Dip | Azi | Max Depth (m) | Status |
| KDH-06 | 369444 | 9328077 | 1607 | WGS84_55S | -55 | 250 | 128.1 | Completed |
| KDH-07 | 369444 | 9328077 | 1607 | WGS84_55S | -75 | 250 | 242.8 | Completed |
| KDH-08 | 369822 | 9327681 | 1593 | WGS84_55S | -55 | 010 | 258.3 | Completed |
| KDH-09 | 369517 | 9327752 | 1706 | WGS84_55S | -55 | 010 | 314.7 | Completed |
| KDH-10 | 369673 | 9327983 | 1535 | WGS84_55S | -50 | 260 | In Progress | |
| Total | 943.9 |
On behalf of Great Pacific Gold
Greg McCunn, Chief Executive Officer and Director
For further information visit gpacgold.com or contact:
Email: info@gpacgold.com
About Great Pacific Gold
Great Pacific Gold has a portfolio of exploration stage projects in Papua New Guinea ("PNG") and Australia. The Company is focused on developing gold-copper resources from its highly prospective land packages. Its core projects include:
- Wild Dog – located in the East New Britain province of PNG, Wild Dog is a brownfield exploration project with a history of small-scale gold mining. The project contains numerous epithermal and porphyry hydrothermal-magmatic targets evidenced by previous exploration and operations. The Company expects to begin an extensive exploration program in Q1 2025 at Wild Dog.
- Kesar – located in the Eastern Highlands province of PNG and contiguous with K92 Mining's mine tenements, Kesar is a greenfield exploration project with several high priority targets in close proximity to the property boundary with K92. Multiple epithermal veins at Kesar are on strike and have the same orientation of key K92 deposits such as Kora. Exploration work to date by GPAC at Kesar has shown that these veins have high grades of gold present in outcrop and very elevated gold in soil grades, coincident with aeromagnetic highs.
- Arau – located in Eastern Highlands province of PNG, the Arau Project contains the highly prospective Mt. Victor exploration target with potential for a high sulphidation epithermal gold-base metal deposit. A Phase 1 Reverse Circulation drilling program was completed at Mt. Victor in August 2024, with results pending. The Arau project includes the Elandora licence which also contains various epithermal and copper-gold porphyry targets.
- Lauriston – located in the state of Victoria, Australia, the Lauriston project is located on the southern extension of the Fosterville Goldfield Belt and is adjacent to Agnico Eagle's extensive Fosterville tenements and mine operations. Lauriston contains the Comet-Trojan target, a 4.5km long epizonal orogenic system. The discovery hole at Comet intersected 8m at 105 g/t gold and a follow-up drilling program was completed in Q3 2024. The Company is consolidating its information on the Lauriston project and expects to publish an NI 43-101 compliant technical report.
- Walhalla – located in the state of Victoria, Australia, the Walhalla project consists of over 1,400km2 of concessions including the numerous historical mining operations and the recently acquired Woods Point land package. The Company is consolidating its information on the Walhalla project and expects to publish an NI 43-101 compliant technical report. Walhalla contains a high-priority greenfield target called Pinnacles. Extensive soil geochemistry has highlighted a 400m x 1,100m gold mineralized aplitic dyke which contains disseminated sulphides and outcrops at surface. The Pinnacles target is fully permitted and ready for drilling.
The Company also holds a number of other exploration projects including the recently acquired Tinga Valley Project.
Quality assurance/quality control
The Company follows industry-recognized standards of Best Practice and Quality Assurance/Quality Control. Samples were submitted to Intertek Minerals Ltd. (ISO: 9001), located in Lae, Papua New Guinea in sealed in plastic bags using single use tie-locks, thereby ensuring chain of custody, for fire assay and ICP analysis. To date all batches have passed QAQC within acceptable tolerance limits. All diamond holes were drilled predominantly in HQ diameter, with both PQ and NQ core utilized depending on the length of the hole and ground conditions. Core recovery was better than
Qualified Person
The technical content of this news release has been reviewed, verified and approved by Callum Spink, the Company's Vice President, Exploration, who is a member of the Australian Institute of Geoscientists, MAIG, and a Qualified Person as defined by National Instrument NI 43-101 Standards of Disclosure for Mineral Projects. Mr. Spink is responsible for the technical content of this news release.
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Great Pacific Gold cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to Great Pacific Gold's limited operating history, its exploration and development activities on its mineral properties and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Great Pacific Gold does not undertake to publicly update or revise forward-looking information.
Mineralization at the properties held by K92 Mining is not necessarily indicative of mineralization at the Kesar Project.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/246996
FAQ
What are the key gold intercepts from FSXLF's Anteruno drilling program?
How many drill holes has FSXLF completed at the Hampore target in 2025?
What did the MobileMT survey reveal about FSXLF's Kesar Project?
What is FSXLF's planned drilling program at Fufunambi?
