Great Pacific Gold Stock Price, News & Analysis

Great Pacific Gold Corp. (OTCQX: GPGCF), also referred to as "Great Pacific Gold" or "GPAC," is a mineral exploration company focused on gold and copper projects. According to company disclosures in multiple news releases, Great Pacific Gold has a portfolio of exploration-stage projects in Papua New Guinea ("PNG") and has also been involved in the spin out of an Australian gold project through Walhalla Gold Corp.

The company’s stated vision is to become a gold-copper development company in Papua New Guinea. Its projects are described as exploration-stage, with work programs that include diamond drilling, reverse circulation drilling, surface sampling, mapping, geophysical surveys, and technical studies documented in NI 43-101 compliant technical reports.

Flagship Wild Dog Project

Great Pacific Gold identifies the Wild Dog Project as its flagship asset. The project is located on the island of New Britain in the East New Britain Province of PNG. Company news releases describe Wild Dog as a large-scale epithermal target along the Wild Dog structural corridor, which extends for approximately 15 km in strike length. Geophysical work using MobileMT surveys has been used to interpret that this corridor may extend to significant depths and to highlight the adjacent Magiabe porphyry target.

Exploration at Wild Dog has focused on the Sinivit target, a portion of the epithermal vein corridor. Great Pacific Gold has reported multiple diamond drill programs at Sinivit, with numerous drill holes (for example, WDG-02 through WDG-15) testing quartz-sulphide veins and breccia zones. Company releases provide detailed intercepts in terms of gold (Au), silver (Ag), copper (Cu) and calculated gold equivalent (AuEq) grades, and describe epithermal textures such as colloform and crustiform banding, hydrothermal breccias, and sulphide-rich zones.

The company has also reported surface sampling results from exposed vein structures in historic pit areas at Wild Dog, along with the mobilization of a second drill rig and the completion of a high-precision LiDAR survey to support geological modelling, drill planning and infrastructure layout. Quality assurance and quality control (QAQC) procedures, including the use of certified reference materials and blanks, are described in detail in the company’s technical news releases.

Kesar Project in Eastern Highlands Province

The Kesar Project is another exploration-stage asset described by Great Pacific Gold. It is located in the Eastern Highlands Province of PNG and is contiguous with the mine tenements of K92 Mining Inc. ("K92"). Company disclosures state that Kesar is a greenfield exploration project with several high-priority targets near the property boundary with K92. Multiple epithermal veins at Kesar are reported to be on strike and to have the same orientation as key K92 deposits such as Kora.

Great Pacific Gold has reported that exploration at Kesar has included soil sampling, mapping, diamond drilling and a helicopter-flown MobileMT geophysics survey. An updated NI 43-101 compliant technical report for Kesar is referenced, with highlights including multiple high-grade intercepts from a Phase 1 diamond drill program and the identification of targets for both porphyry-style mineralization and intermediate-sulfidation epithermal deposits. The Kesar exploration licence (EL 2711) is held by Yaendal Minerals Limited, a PNG company in which Great Pacific Gold reports a 90% interest, with an option to acquire the remaining 10% upon completion of a Definitive Feasibility Study.

Arau and Tinga Valley Projects

In addition to Wild Dog and Kesar, Great Pacific Gold states that it holds the Arau Project and the Tinga Valley Project in PNG. The Arau Project is also located in the Eastern Highlands Province and is described as being south of and contiguous with the mine tenements of K92. Arau contains the Mt. Victor exploration target, which the company characterizes as having potential for a high-sulfidation epithermal gold-base metal deposit. A Phase 1 reverse circulation drilling program has been completed at Mt. Victor, and the Arau Project includes the Elandora licence, which the company notes contains various epithermal and copper-gold porphyry targets.

The company also reports that it holds the Tinga Valley Project in PNG, although the provided disclosures do not include the same level of technical detail for this project as for Wild Dog or Kesar.

Walhalla Gold Corp. Spin Out and Australian Gold Exposure

Great Pacific Gold has also been involved in the Walhalla Gold Project in Victoria, Australia, through its relationship with Walhalla Gold Corp. Company news releases describe the Walhalla-Woods Point Goldfield as one of Victoria’s significant goldfields, with historic production from numerous mines. Great Pacific Gold consolidated a large tenement package covering much of this goldfield and advanced technical work, including an updated NI 43-101 technical report for Walhalla.

According to the company, a Plan of Arrangement was implemented under an arrangement agreement among Great Pacific Gold, a financing entity (Finco) and Walhalla Gold Corp. Under this arrangement, Great Pacific Gold completed a spin out of Walhalla, distributing Walhalla shares to its own shareholders on a one-for-one basis and issuing new common shares of Great Pacific Gold in exchange for its existing Class A shares. Walhalla owns the Walhalla Gold Project and has applied to list its common shares on the Canadian Securities Exchange. Great Pacific Gold reports that it retains a 2% net smelter return royalty on the Walhalla Gold Project.

Exploration Approach and Technical Reporting

Across its projects, Great Pacific Gold emphasizes exploration-stage work supported by technical reporting under National Instrument 43-101 Standards of Disclosure for Mineral Projects. Company news releases state that technical content is reviewed and approved by Qualified Persons, and they provide detailed descriptions of drilling programs, sampling methods, QAQC protocols, and geophysical interpretations.

At Wild Dog, the company has described a Phase 1 diamond drill program focused on the Sinivit target, with multiple holes testing a 1.5 km strike length within the broader 15 km Wild Dog epithermal corridor. At Kesar, the company references an updated NI 43-101 technical report summarizing historical work, recent drilling, MobileMT geophysics, and recommended Phase 2 exploration. At Walhalla, the technical report outlines an exploration model for shear-hosted, orogenic gold systems and provides recommendations for phased drilling and surface work.

Trading and Jurisdictions

Great Pacific Gold Corp. is referenced in company news as trading on the TSX Venture Exchange under the symbol GPAC, on the OTCQX market under the symbol GPGCF, and on the Frankfurt Stock Exchange under the symbol V3H. Its exploration activities are primarily located in Papua New Guinea, with historical involvement in a gold project in Victoria, Australia through Walhalla Gold Corp.

FAQs about Great Pacific Gold Corp. (GPGCF)

• What does Great Pacific Gold Corp. do?
  

  According to its public disclosures, Great Pacific Gold Corp. is a mineral exploration company focused on gold and copper projects. It holds exploration-stage projects in Papua New Guinea, including the Wild Dog, Kesar, Arau and Tinga Valley projects, and has been involved in the Walhalla Gold Project in Victoria, Australia through a spin out of Walhalla Gold Corp.

• What is Great Pacific Gold’s flagship project?
  

  The company identifies the Wild Dog Project in the East New Britain Province of Papua New Guinea as its flagship project. Wild Dog is described as a large-scale epithermal target along the Wild Dog structural corridor, with drilling focused on the Sinivit target.

• Where are Great Pacific Gold’s projects located?
  

  Great Pacific Gold’s exploration-stage projects are located in Papua New Guinea, specifically in the East New Britain Province (Wild Dog) and the Eastern Highlands Province (Kesar and Arau). Through Walhalla Gold Corp., the company has also been associated with the Walhalla Gold Project in Victoria, Australia, and it reports holding the Tinga Valley Project in PNG.

• What is the Kesar Project?
  

  The Kesar Project is an exploration licence (EL 2711) in the Eastern Highlands Province of Papua New Guinea, held by Yaendal Minerals Limited, a company in which Great Pacific Gold reports a 90% interest. Kesar is described as a greenfield exploration project adjacent to K92 Mining’s Kainantu Mine, with multiple epithermal veins and targets identified through drilling and MobileMT geophysics.

• What is the Arau Project?
  

  The Arau Project is located in the Eastern Highlands Province of Papua New Guinea, south of and contiguous with the mine tenements of K92. Great Pacific Gold states that Arau contains the Mt. Victor exploration target, which has potential for a high-sulfidation epithermal gold-base metal deposit, and includes the Elandora licence with various epithermal and copper-gold porphyry targets.

• What is the Walhalla Gold Corp. spin out?
  

  Great Pacific Gold completed a Plan of Arrangement under which it spun out Walhalla Gold Corp., distributing Walhalla shares to its shareholders on a one-for-one basis and issuing new common shares of Great Pacific Gold in exchange for its Class A shares. Walhalla owns the Walhalla Gold Project in Victoria, Australia, and has applied to list its common shares on the Canadian Securities Exchange. Great Pacific Gold retains a 2% net smelter return royalty on the Walhalla Gold Project.

• On which exchanges does Great Pacific Gold trade?
  

  Company news releases state that Great Pacific Gold trades on the TSX Venture Exchange under the symbol GPAC, on the OTCQX market under the symbol GPGCF, and on the Frankfurt Stock Exchange under the symbol V3H.

• What stage are Great Pacific Gold’s projects?
  

  Great Pacific Gold describes its projects in Papua New Guinea as exploration-stage. Activities reported include diamond drilling, reverse circulation drilling, surface sampling, geophysical surveys such as MobileMT, and technical reporting under NI 43-101.