Welcome to our dedicated page for Great Pacific Gold news (Ticker: FSXLF), a resource for investors and traders seeking the latest updates and insights on Great Pacific Gold stock.
GREAT PACIFIC GOLD CORP (FSXLF) is a progressive precious metals exploration company with a focus on gold exploration in North America. The company is committed to sustainable and responsible mining practices to ensure long-term success and environmental preservation. With a dedicated team and a portfolio of promising projects, GREAT PACIFIC GOLD CORP continues to strive for excellence in the mining industry.
Fosterville South Exploration Ltd. (FSX) has announced an agreement to acquire a 2166 sq. km mineral exploration land package in Papua New Guinea from Wild Dog Resources Inc. (WDR). This acquisition includes multiple Exploration Licenses (EL) and Exploration License Applications (ELA). Key highlights of the acquisition feature a contiguous 614 sq. km project adjacent to K92 Mining Inc. exploration tenements, enhancing FSX's existing gold land package in Australia. The land package presents both early and advanced stage exploration targets, with a focus on high-grade epithermal vein and porphyry style mineralization. FSX's strong cash position post-transaction will support advancing these assets, leveraging their team's experience in Southeast Asia. The deal is expected to increase FSX's potential for discovering Tier 1 Copper-Gold deposits in PNG.
Fosterville South Exploration Ltd. (OTCQX: FSXLF) announced overwhelming shareholder approval for all resolutions at its Annual General Meeting on November 29, 2022. Key approvals included the re-election of directors Bryan Slusarchuk, Rex Motton, Liza Gazis, Robert McMorran, Charles Hethey, and John Lewins, as well as the appointment of BDO Canada LLP as auditors. Voting results showed over 96% support for most motions, with a total of 10,559,210 common shares voted, representing 15.53% of the company's outstanding shares.
Fosterville South Exploration Ltd. announced significant results from its drilling program at the Golden Mountain prospect, part of the Tallangallook Gold Project in Victoria, Australia. The highlights include a noteworthy intercept of 77m at 1.14 g/t Gold from surface, featuring sub-intervals of 35m at 1.85 g/t Gold. Additionally, other notable assays include 14m at 2.06 g/t Gold and 5m at 3.16 g/t Gold. The project shows promising potential with a 1km gold anomaly identified. Pending assays from previous diamond drilling may further enhance these findings.
Fosterville South Exploration Ltd. (TSXV: FSX) announced promising gold assay results from its recent drilling at three projects: Comet-New Trojan, Golden Mountain, and Providence. Key findings include 13.4m at 2.08 g/t Gold from GMDH55 at Golden Mountain and 9m at 1.35 g/t Gold from CRC15 at Comet. A total of 748.6m diamond and 1248m reverse circulation drilling have been completed at Comet, while Golden Mountain's ongoing program targets deeper mineralization. Results indicate potential structural gold shoots at all sites, with further assays pending.
Fosterville South Exploration has reported significant gold grades from its drilling program at the Thompson Reef and Prince of Wales Reef within the Providence Project. Notably, drill hole TRC02 yielded 2m at 174.42 g/t Gold, including 1m at 348 g/t Gold. The results from shallow holes demonstrate strong potential for further high-grade gold discoveries. Additional assays are awaited from other high-priority targets, including Reedy Creek. The company continues its drilling efforts across a large land package in Victoria, Australia.
Fosterville South Exploration Ltd. has commenced a diamond drilling program at the Lauriston Gold Project in Victoria, Australia, focusing on the Comet and New Trojan targets. This follows initial reconnaissance work in 2021. The Lauriston project is near Kirkland Lake Gold's Fosterville Mine and covers 600 km2 with significant historic high-grade gold production. Concurrently, drilling is ongoing at Reedy Creek within the Providence Project using three drill rigs. The company aims to confirm the structural controls of gold mineralization and explore previously untested areas of Lauriston.
Fosterville South Exploration Ltd. (TSXV: FSX, OTCQX: FSXLF) has announced significant gold assay results from its Homeward Bound and Bon Accord prospects in Victoria, Australia. Key findings include 8m at 3.36 g/t gold and 3m at 8.83 g/t gold from drill hole HBRC21. Additionally, the Bon Accord discovery yielded 1m at 20.9 g/t gold. The company holds approximately $22 million in cash and plans further drilling in 2022 at Providence, Beechworth, Golden Mountain, and Lauriston projects. Assays from additional holes are pending.
Fosterville South Exploration Ltd. (TSXV: FSX, OTCQX: FSXLF) has announced the initiation of a second drill rig at the Homeward Bound prospect in the Beechworth Gold Project, Victoria, Australia. This multipurpose rig enhances their drilling capabilities alongside three others currently operational. Initial results from the drilling indicate promising gold intersections, notably 8.6m at 5.22 g/t gold. The company plans to conduct a total of 6620 meters of drilling across various projects. Assays are pending from multiple drilling campaigns, indicating potential for further significant discoveries.
Fosterville South Exploration reported promising results from its initial diamond drill hole, HBDH001, at the Beechworth Gold Project, revealing 8.6m at 5.22 g/t Gold, including 3.6m at 10.72 g/t Gold. The company is actively drilling at three projects: Reedy Creek, Enoch's Point, and Homeward Bound. Preliminary rock chip sampling yielded high-grade gold results, with a maximum of 38.7 g/t. Drilling is expected to expand as new permits allow additional scout drilling across prospective zones. Further results from ongoing drilling and assays are anticipated, enhancing the company's gold resource potential.
Fosterville South Exploration Ltd. (TSXV: FSX) recently announced promising results from its diamond drilling program at the Reedy Creek goldfield in Victoria, Australia. Initial hole RWD01 yielded significant intercepts of 0.7m at 238.1 g/t Gold and 0.80m at 22.5 g/t Gold. The assays also indicated the presence of visible disseminated gold within quartz veins. Drilling operations are ongoing, with assays expected from holes RWD02 and RWD03. Historical production from Reedy Creek reported 39,223 ounces of gold, showcasing the area's potential for high-grade gold mineralization.
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