Northwire Canada EditionSaturday, July 11, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results Routine +

Great Pacific Gold Reports Drill Results and Updated Diamond Drill Program at Kavasuki, Wild Dog Project

Great Pacific Gold Drill Results Confirm Wild Dog Continuity Amidst Spin-Out Completion

By The Northwire Desk — AI Analysis Apr 30, 2026 · 07:31 GPAC · 0.435 Great Pacific Gold Corp.
Executive Summary
  • Great Pacific Gold reported an update on the Kavasuki prospect within its Wild Dog Project in Papua New Guinea as of April 30, 2026.
  • Five diamond drill holes (688 meters total) have been completed to date at Kavasuki.
  • Hole KVH-05 returned broad lower-grade mineralization (29.5m @ 0.45 g/t AuEq) but confirmed the same quartz-carbonate veining and hydrothermal brecciation style observed in earlier holes.
  • Drilling hole KVH-06 is currently underway, with six additional holes planned to complete by late June 2026 (approx. 900 meters).
  • Operational progress was impacted by Tropical Cyclone Maila causing adverse weather and access constraints.
  • The company maintains a focus on resolving the geological/structural framework before wider step-out drilling.
  • CEO Greg McCunn expects to complete initial testing of Kavasuki by end of June, reinforcing confidence in the system's scale.
Material Impact
  • The news is consistent with previous expectations set during the April 2 financing and earlier drill announcements (KVH-01, KVH-03, KVH-04).
  • While KVH-05 grades are lower than KVH-01 (2.50 g/t AuEq), the geological confirmation of continuity supports the interpretation of a broad hydrothermal system rather than narrow high-grade shoots only.
  • The spin-out of Walhalla Gold Corp. completed on April 29, 2026, is a separate material event that reduces GPAC's asset base but provides non-dilutive cash and royalty income; this drill update validates the remaining core asset (Wild Dog).
  • No new high-grade surprises were reported in KVH-05 compared to earlier holes, limiting immediate upside re-rating potential.
  • The news is positive for operational momentum but does not materially alter the valuation thesis established by the $20M financing and initial high-grade intercepts.
GPAC · Price
Company Overview
  • Company: Great Pacific Gold Corp. (TSX-V: GPAC).
  • Flagship Project: Wild Dog Project in East New Britain, Papua New Guinea.
  • Project Type: Epithermal gold-copper system with porphyry potential.
  • Key Targets: Sinivit (high-grade shoots), Kavasuki (vein extension), Kasie Ridge (porphyry target), Magiabe (porphyry).
  • Status: Advanced exploration; two drill rigs operational as of early 2026.
  • Infrastructure: Camp expansion completed, road access from Rabaul Port (~50km).
  • Jurisdiction: Papua New Guinea offers stable fiscal regime but carries geopolitical and weather risks (Cyclone Maila impact noted).
Read the original news release →

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