Great Pacific Gold Intercepts 58.9m at 2.5 g/t AuEq - First Kavasuki Drill Results
Great Pacific shifts focus to PNG high-grade targets as Australian asset divestment nears completion.
The most recent news (March 3, 2026) reports the first drill results from the Kavasuki target at the flagship Wild Dog Project in Papua New Guinea. Hole KVH-01 intercepted 58.9m at 2.50 g/t AuEq from 38.6m, including a higher-grade interval of 4.6m at 8.56 g/t AuEq. The mineralization is hosted in a sulphide-bearing quartz breccia system. However, a second hole (KVH-02) drilled at a steeper angle did not return significant mineralization, suggesting a specific vein orientation (west to west-northwest dipping) that requires refined targeting.
The news is Routine - Positive. While the 58.9m intercept is a solid start for a new target, it is incremental rather than a "game changer" when compared to the "bonanza" grades previously reported at the Sinivit target (e.g., 8.4m @ 50 g/t AuEq in Sept 2025). - Technical Validation: It confirms that mineralization extends 1km north of the main Sinivit deposit along the Wild Dog Structural Corridor. - Targeting Risk: The failure of KVH-02 to hit mineralization highlights the structural complexity and "nuggety" or shoot-like nature of the system, which may increase the number of "miss" holes during exploration. - Scale: The coincident IP anomaly (300m x 200m) suggests Kavasuki could be similar in scale to the Northern Sulphide Zone at Sinivit, supporting the "district-scale" thesis.
Great Pacific Gold (GPAC) is focused on high-grade gold-copper exploration in Papua New Guinea. Its flagship is the Wild Dog Project, which features a 15km structural corridor. The project includes the past-producing Sinivit mine (oxide gold). The company is currently testing the transition to deeper sulphide mineralization and exploring regional targets like Kavasuki and Kasie Ridge.