Great Pacific Gold: Unlocking Wild Dog's Potential in 2025

Generado por agente de IAAinvest Technical Radar
lunes, 28 de octubre de 2024, 8:35 am ET1 min de lectura
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Great Pacific Gold Corp. ("Great Pacific Gold,” “GPAC,” or the "Company") (TSXV: GPAC) (OTCQX: FSXLF) (Germany: V3H) recently provided an update on its Wild Dog Project ("Wild Dog" or the "Project"), located on the island of New Britain, Papua New Guinea. With a 5,000-meter drill program underway at the Kesar Project, the company is now turning its attention to the Wild Dog Project, planning a 2025 field program to unlock its significant exploration potential.


The Wild Dog Project is a district-scale land package covering 1,424 km² within a major north-northeast trending structural corridor, the Nengmukta Fault System. This fault system hosts an 11km-long set of epithermal vein targets known as the Wild Dog – Gunsap structural corridor. The project's exploration potential is further enhanced by various porphyry intrusion copper-gold targets, such as the Magiabe target, which has an associated Induced Polarisation geophysical anomaly but has never been drill tested.

Historical drilling intercepts in the Wild Dog prospect area epithermal vein structure include:

* Hole 90-WDD-086 intersected 11.3m @ 16.8 g/t AuEq from 18.5 meters (16.2 g/t Au, 0.35% Cu)
* Hole 87-WDD-040A intersected 13.5m @ 9.0 g/t AuEq from 165 meters (8.56 g/t Au, 0.31% Cu)
* Hole 87-WDD-027 intersected 6.2m @ 19.3 g/t AuEq from 118 meters (19.1 g/t Au, 0.08% Cu)

Selected samples from the Historic Stockpiles near the Wild Dog prospect area returned bonanza grades, including:

* Sample 30-104 assayed 242 g/t Au, 601 g/t Ag, and 9.52% Cu
* Sample 68-001 assayed 123 g/t Au, 350 g/t Ag, and 11.0% Cu


The company plans to begin preparatory exploration work at Wild Dog following the re-establishment of road access in Q3 2024. Greg McCunn, CEO of Great Pacific Gold, stated, "With the Kesar drill program in full swing, it is now time to start preparatory exploration work at Wild Dog. We are excited about the potential of this highly prospective property and look forward to getting boots on the ground."

The Wild Dog Project's strategic location in Papua New Guinea, with existing infrastructure and access to skilled labor, contributes to the project's feasibility and potential for future development. The company's plans to re-establish road access and begin preparatory exploration work in Q3 2024 will enable a timely and efficient exploration program, further enhancing the project's prospects for discovering new mineral deposits.

In conclusion, Great Pacific Gold's Wild Dog Project presents a compelling exploration opportunity, with its district-scale land package, significant historical drill intercepts, and promising porphyry intrusion copper-gold targets. The company's plans to commence a 2025 field program, following the re-establishment of road access, position Great Pacific Gold to unlock the project's substantial exploration potential and create value for its shareholders.

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