Great Pacific Gold Commences Drilling at Kasie Ridge, Wild Dog Project
Great Pacific Gold pivots to high-grade PNG targets as drilling commences at Kasie Ridge lithocap.
The most recent news (February 24, 2026) announces the commencement of drilling at the Kasie Ridge target within the Wild Dog Project in Papua New Guinea (PNG). This follows a string of positive updates in February 2026, including the discovery of the Magiabe West high-grade vein and strong intercepts from the Sinivit Northern Sulphide Shoot (e.g., 8.4m @ 46.46 g/t Au). Kasie Ridge is described as a large-scale advanced argillic alteration system (lithocap) spanning 1.5-2.0 km, which management interprets as the upper levels of a high-sulphidation epithermal or porphyry system. The first hole, KAS-01, is testing conductive lineaments and alteration zonation at depth.
The news is Material - Positive but categorized as Routine - Positive because it represents the execution of a previously signaled exploration plan rather than a new discovery. However, the context of the last 30 days is highly significant: - The company has successfully transitioned from a multi-jurisdictional explorer to a PNG-focused developer after spinning out its Australian Walhalla assets in December 2025. - Recent drilling at Sinivit has confirmed high-grade continuity (WDG-08: 50.12 g/t AuEq over 8.4m). - The commencement of drilling at Kasie Ridge marks the first test of what could be a much larger "source" system (porphyry) underlying the known epithermal veins. - The arrival and deployment of a second drill rig doubles the company's data generation capacity, accelerating the timeline for a potential maiden resource.
Great Pacific Gold is focused on high-grade gold and copper deposits in PNG. - Flagship Project: Wild Dog Project (New Britain Island, PNG). It features a 15km structural corridor with a history of small-scale mining (Sinivit). - Secondary Project: Kesar Project, contiguous to K92 Mining’s Kainantu Mine. - Strategy: The company recently divested its Australian assets (Walhalla spin-out, sale of Reedy Creek and Lauriston) to focus capital on the high-tenor PNG targets.