Northwire Canada EditionMonday, September 14, 2026
Northwire
GOLD 4333.40 −1.7% SILVER 63.83 −2.1% COPPER 6.40 −2.2% OIL 101.47 +1.4% PALLADIUM 1296.50 −2.1% GCN 0.030 −14.3% RIO 3.53 −1.7% EVI 0.450 +7.1% CTV 0.110 −4.3% ECOR 3.11 −3.7% TLG 2.21 +0.5% UCU 2.55 +1.2% LME 0.150 +0.0% MKO 13.93 −0.1% VOXR 7.87 −1.5% ETL 1.04 +1.0% FISH 5.79 +0.0% VRB 0.085 +0.0% DCOP 0.100 +5.3% RYR 0.205 +7.9% BRC 1.18 +0.0% GOLD 4333.40 −1.7% SILVER 63.83 −2.1% COPPER 6.40 −2.2% OIL 101.47 +1.4% PALLADIUM 1296.50 −2.1% GCN 0.030 −14.3% RIO 3.53 −1.7% EVI 0.450 +7.1% CTV 0.110 −4.3% ECOR 3.11 −3.7% TLG 2.21 +0.5% UCU 2.55 +1.2% LME 0.150 +0.0% MKO 13.93 −0.1% VOXR 7.87 −1.5% ETL 1.04 +1.0% FISH 5.79 +0.0% VRB 0.085 +0.0% DCOP 0.100 +5.3% RYR 0.205 +7.9% BRC 1.18 +0.0%
Technical Study

Great Pacific to file updated Kesar NI 43-101 report

GPAC · Price

Executive Summary

  • Great Pacific Gold Corp. is filing an updated NI 43-101 technical report for its Kesar Gold Project in Papua New Guinea, highlighting results from a Phase 1 exploration program completed in May 2025.
  • The Phase 1 program consisted of 13 diamond drill holes totaling 3,714.3 meters, identifying multiple high-grade gold intercepts at the Anteruno and Hampore targets.
  • The report recommends a Phase 2 exploration program for 2026, including surface exploration, ground truthing of mobile MT geophysics targets, and a 3,000-meter diamond drill program.

Key Details

  • Drilling Results (Phase 1):
    • Total scope: 13 holes, 3,714.3 meters of diamond drilling.
    • Anteruno Target: Best intercept of 3.13 meters at 3.67 grams per tonne gold (g/t Au), including 0.71 meters at 13.5 g/t Au (Hole KDH003).
    • Hampore Target: Best intercept of 0.94 meters at 3.17 g/t Au, including 0.29 meters at 9.08 g/t Au (Hole KDH011).
    • Mineralization interpreted as narrow-to-very-narrow quartz veins carrying significantly high gold grades (>10 g/t Au) within phyllic alteration haloes.
  • Geophysics:
    • Completed an airborne mobile magnetotelluric (MT) survey covering 931 line kilometers over 143 square kilometers.
    • Lineament analysis identified multiple high-potential targets for both porphyry-style mineralization and intermediate-sulphidation epithermal deposits.
  • Future Plans (Phase 2):
    • Recommended for 2026 following the renewal of the exploration license (EL 2711).
    • Includes surface exploration, ground truthing of MT targets, target/drill-scale mapping, sampling, trenching, and a 3,000-meter diamond drill program.
  • Project Economics & History:
    • Total expenditures on Kesar during the initial two-year license period (Oct 30, 2023 – Oct 30, 2025) were approximately $5.8 million (16.7 million Papua New Guinean kina).
    • Great Pacific Gold holds a 90% interest in Yaendal Minerals Ltd., which holds the license, with an option to acquire the remaining 10% upon completion of a definitive feasibility study.
    • The project is located immediately adjacent to K92 Mining’s Kainantu mine.
  • Technical Report Details:
    • Prepared by H&S Consultants Pty. Ltd.
    • Effective date: September 9, 2025.
    • Qualified Person: Callum Spink, VP Exploration.

Notable Quotes

  • "While Wild Dog remains our top priority target, Kesar has tremendous potential and is strategically located alongside K92 Mining's Kainantu mine... We are planning a focused follow-up program at Kesar with the objective of unlocking value that we believe is currently not recognized in our share price." — Greg McCunn, CEO
  • "With over 16.7 million Papua New Guinean kina ($5.8-million) spent on Kesar over the initial two-year licence period, GPAC is one of the largest active exploration companies in Papua New Guinea." — Greg McCunn, CEO
Read the original news release →

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