Northwire Canada EditionSaturday, July 25, 2026
Northwire
B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9% B 0.150 +0.0% IFOS 2.28 −2.6% IMM 0.060 +0.0% ROCK 3.38 −1.7% NVX 0.250 −7.4% HAR 0.050 +0.0% YGT 0.175 +0.0% GEN 0.070 −nan% CRB 0.040 +14.3% MSA 7.07 +2.2% AEM 204.81 +0.7% OPW 0.105 +5.0% GRL 0.275 −1.8% AIS 0.150 +0.0% CUU 0.580 −1.7% SOMA 0.720 +5.9%
Drill Results Material +

High-Grade Vein Discovery Expands Southern Corridor at Wild Dog Project

Discovery at Magiabe West and strike expansion at Sinivit transform Wild Dog from a single-target prospect into a district-scale system.

Executive Summary

The most recent news (February 19, 2026) announces the discovery of the Magiabe West Vein at the Wild Dog Project in Papua New Guinea (PNG). The discovery expands the mineralized footprint into the southern sector of the 15-kilometre Wild Dog Structural Corridor. Key highlights include historic drill results (Hole MGD004: 4.4m @ 9.23 g/t Au) and recent surface rock-chip samples returning up to 137 g/t Au and 123 g/t Au. Operationally, the company has completed 18 holes at the Sinivit target, moved Rig 1 to the Kavasuki target, and commenced work with Rig 2 at the Kasie Ridge target. This follows a February 18, 2026 release showing high-grade intercepts at Sinivit, including 8.4m @ 46.46 g/t Au (Hole WDG-08) and 13.48m @ 7.41 g/t Au (Hole WDG-15).

Material Impact

The impact is Material - Positive for three reasons: - Strike Expansion: The identification of high-grade mineralization at Magiabe West validates the company's thesis that the 15km Wild Dog Structural Corridor is mineralized along its entire length, not just at the historic Sinivit mine site. - Continuity of Grade: The results from the previous day (WDG-08 and WDG-15) demonstrate that the Northern Sulphide Shoot is developing significant vertical (150m) and strike (500m) extent while maintaining bonanza grades. - Rig Scalability: The arrival and mobilization of a second drill rig to Kasie Ridge (4.5km north of Sinivit) effectively doubles the exploration pace, allowing for simultaneous testing of independent district-scale targets.

However, a critical analyst must note that the Magiabe West "discovery" relies heavily on historic drilling from 1990 and selective rock-chip samples, which are not representative of a bulk mineralized body.

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Company Overview

Great Pacific Gold is an exploration company focused on high-grade gold-copper systems in PNG and Victoria, Australia. Since late 2024, management has pivotally shifted focus to PNG. - Flagship Project: Wild Dog (PNG). It is a high-sulphidation epithermal gold-copper system. The project contains the historic Sinivit mine but is now being explored for the first time using modern geophysics (MobileMT) and systematic drilling along a 15km corridor. - Secondary Project: Kesar (PNG). Contiguous to K92 Mining's Kainantu mine. High-grade rock chips (244 g/t Au) and recent drilling (Hole KDH-03: 3.13m @ 3.67 g/t Au) suggest it may be a continuation of the Kora/Judd vein systems.

Read the original news release →

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