Drill Results
Great Pacific Gold Provides Wild Dog Drilling Update: Kavasuki KVH-03 Completed Following Up KVH-01 58.9 m @ 2.50 g/t AuEq; Kasie Ridge Drilling Intersects Hydrothermal Veining with Visible Chalcopyrite
Great Pacific’s Wild Dog drill momentum continues as a two-rig program tests district-scale epithermal targets in PNG
Executive Summary
- 2026-03-11 Great Pacific Gold provides Wild Dog drilling update: KVH-03 completed; KVH-01 previously intersected 58.9 m at 2.50 g/t AuEq (includes 4.6 m at 8.56 g/t AuEq). Kasie Ridge first hole (KAS-01) penetrated upper clay-dominant lithocap with propylitic alteration and visible chalcopyrite. Two drill rigs active: one at Kavasuki epithermal vein system, another testing Kasie Ridge copper-gold target. The company plans to continue drilling KVH down-dip and along strike; the 900 m by 300 m corridor appears to host a multi-phase hydrothermal system. A second rig is now on site, signaling an accelerated program across Sinivit-Kavasuki corridor.
- Prior news progression shows a clear programmatic build-out at Wild Dog: Feb 24, 2026—Kasie Ridge commenced drilling; Feb 26, 2026—updated 5,000 m Sinivit-Kavasuki program announced with 18 holes completed at Sinivit and Kavasuki testing; Feb 19, 2026—high-grade findings in Southern Corridor; Jan 26, 2026—district-scale drill program outlined; late 2025 filings reveal a Walhalla spinout and broader PNG project portfolio management.
- Dec 2025 through early 2026 also feature a sequence of financings and corporate actions (private placements, Walhalla spinout, and PNG-focused exploration). The March 11, 2026 release sits within a broader framework of expanding drill activity, renewed emphasis on high-grade epithermal shoots, and integration of geophysical data to guide drilling decisions.
- The latest news reinforces: (a) two rigs active; (b) notable near-surface high-grade intercepts and visible sulphide mineralization; (c) escalation of drilling program with Kasie Ridge testing and IP-variant geophysics guiding strategy; (d) continuation of Wild Dog’s district-scale exploration with visible progress in understanding vein geometry and targets.
Material Impact
- Company and project: Great Pacific Gold’s flagship Wild Dog Project in Papua New Guinea continues to show robust near-surface gold-copper epithermal intersections (e.g., KVH-01 KVH-03 results; high-grade zones at WDG-08/WDG-12 type intervals referenced in prior releases). The two-rig program and expansion of Sinivit-Kavasuki corridor testing indicate a meaningful near-term acceleration in drilling activity and potential for discovery scale.
- Strategic developments: The ongoing exploration program aligns with management’s narrative of district-scale potential along the 15 km Wild Dog Structural Corridor, with Kasie Ridge representing a major high-sulphidation target and Magiabe porphyry target being advanced in parallel.
- Financial and equity considerations: While not purely a drilling success, the cumulative financing activity (private placements in 2025, including a $16.94M raise in July 2025, plus spinout activity around Walhalla and related NSR structures) supports a dilution-related dynamic and a cash runway that enables the aggressive drill program. This introduces near-term dilution risk but also potential for value creation if results turn positive.
- The March 11 update is positive and is in line with the prior expectations of an expanding drill program and advancing high-grade targets; while notable, it is incremental progress rather than a sudden, game-changing revelation.
GPAC · Price
Company Overview
- Great Pacific Gold Corp. (GPAC) is advancing the Wild Dog Project in Papua New Guinea, comprising Sinivit, Kavasuki, Kasie Ridge, and additional PNG targets (Mengmut, Arau, Tinga Valley) as part of a district-scale exploration program. The flagship is the Wild Dog structural corridor, a 15 km long epithermal vein system with both high-grade near-surface veins and potential deeper or porphyry-style targets (e.g., Magiabe).
- Flagship project: Wild Dog Project (PNG) with multiple targets:
- Sinivit: high-grade shoots currently being drilled; expansion planned.
- Kavasuki: epithermal vein system testing for continuity and depth.
- Kasie Ridge: large lithocap target with high-temperature alteration indicators and chalcopyrite visible; second drill rig to test down-dip/scope.
- Magiabe: porphyry Cu-Au target with fieldwork and potential for a longer-range target below lithocap.
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Jun 15, 2026 · 07:31