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Geopacific Resources Ltd (ASX:GPR)

ALERT: Price-sensitive ASX Announcement for GPR
Current share price for GPR : $0.026 -0.003 (-10.34%)+
Announcement
Release
8 Aug 2025 8:20AM
Price at Release
$0.029
Full Release
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Summary
Geopacific Resources Ltd announced high-grade trench assay results from the Little MacKenzie prospect, which forms part of the Woodlark Gold Project in Papua New Guinea. The trenching program at Little MacKenzie revealed significant gold mineralisation, with assays returning up to 12 metres at 3.81 grams per tonne (g/t) gold, including 3 metres at 11.64 g/t gold. These results highlight that the mineralisation at Little MacKenzie is both high-grade and lies at or near surface, supporting the potential for open-pit mining. The company considers these findings to be highly encouraging, as Little MacKenzie is located just 1.5 km from the project’s processing plant. Further trenching, mapping, and target generation work is planned in the area to expand upon these results, with drilling potential being evaluated for future exploration. The results reinforce Geopacific’s strategy of exploring near-mill high-grade targets that could add to the overall gold resource at Woodlark.
Key Points
  • Geopacific Resources Ltd announced high-grade trench assay results at Little MacKenzie, Woodlark Gold Project.
  • Assays returned up to 12 metres at 3.81 g/t gold, including 3 metres at 11.64 g/t gold.
  • The mineralisation is high-grade and near surface, supporting open-pit mining potential.
  • Little MacKenzie prospect is located just 1.5 km from the processing plant.
  • Further trenching, mapping, and target generation are planned to expand exploration.
  • Drilling potential is being evaluated for future exploration of the area.
  • The results support Geopacific’s strategy to explore near-mill, high-grade gold targets.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.