Great Pacific drills 58.9 m of 2.5 g/t AuEq at Wild Dog

Executive Summary

• Great Pacific Gold Corp. released the first drill results from its Kavasuki target at the Wild Dog project in Papua New Guinea, highlighting a significant near-surface gold intercept.
• Drill hole KVH-01 intersected 58.9 metres at 2.50 g/t gold equivalent (AuEq), including high-grade intervals, confirming the presence of a well-developed mineralized structure consistent with the nearby Sinivit deposit.
• The results refined the structural interpretation of the Kavasuki vein system, revealing a west-to-west-northwest dip, which has led to the redesign of subsequent drill holes (KVH-03) to better test continuity along strike and downdip.

Key Details

• Drill Hole KVH-01 Highlights:
  • 58.9 metres of 2.50 g/t AuEq from 38.6 m (comprising 2.43 g/t Au, 2.75 g/t Ag, and 0.02% Cu).
  • Included interval: 4.6 metres of 8.56 g/t AuEq from 49.0 m (8.24 g/t Au, 10.19 g/t Ag, 0.13% Cu).
  • Included interval: 18.1 metres of 2.14 g/t AuEq from 100.6 m (2.08 g/t Au, 1.60 g/t Ag, 0.03% Cu).
• Geological Context:
  • Mineralization is near-surface and hosted within hydrothermal quartz breccia.
  • The intercept lies within a 300m x 200m coincident IP chargeability anomaly (6-8 milliseconds), comparable in scale to the Northern Sulphide zone at Sinivit.
  • Sulphide assemblages include pyrite, chalcopyrite, and bornite.
• Structural Interpretation Update:
  • Initial interpretation suggested an east-dipping vein (55-70 degrees).
  • KVH-01 and follow-up hole KVH-02 confirmed the principal vein dips west to west-northwest at moderate to steep angles (50-85 degrees).
  • KVH-02 did not intersect significant gold mineralization but helped refine the geometry.
• Future Drilling Strategy (2026):
  • KVH-03 has been redesigned to optimally test the confirmed west-dipping structure.
  • Holes will be spaced at ~30m vertical intervals to confirm continuity before expanding to 50m spacing.
  • Program aims to test downdip continuity beneath historic high-grade intercepts and strike continuity within the 900m mineralized trend.
• Operational Updates:
  • A second drill rig arrived in February and commenced drilling at the Kasie Ridge target.
  • The first rig remains focused on the 5,000-metre program at Sinivit-Kavasuki.
  • Company hosted an analyst day at the PDAC conference in Toronto, featuring technical presentations by VP Exploration Callum Spink, VP Corporate Development Mick Carew, and CEO Greg McCunn.

Notable Quotes

• "KVH-01 confirms the presence of a well-developed mineralized structure at Kavasuki," stated Callum Spink, vice-president, exploration. "The broad intersection of multigram gold within a sulphide-bearing quartz breccia system, near surface, is consistent with the style of mineralization observed at Sinivit. Structural measurements define a west-to-west-northwest-dipping vein orientation, meaning this hole was at least partially drilled down the vein, but the structural data provides confidence in previous drilling and improved targeting clarity as we continue to evaluate continuity along strike and downdip within the broader Sinivit-Kavasuki corridor."