South Pacific Metals Corp. has closed a $20 million private placement to fund exploration in Papua New Guinea. The company also highlighted high-grade gold-copper-silver drill intercepts and an existing inferred resource at its Kili Teke project.
South Pacific Metals Corp. has closed a C$20 million equity offering to fund exploration activities. The company also provided an overview of its gold-copper exploration properties in Papua New Guinea, including an Inferred resource at Kili Teke.
Great Pacific Gold Corp. reported maiden drilling results from the Kasie Ridge target at the Wild Dog Project, confirming a large magmatic-hydrothermal system. The program intersected gold-bearing structures in KAS-02 and a broad silver halo in KAS-01A, with strong geochemical vectors strengthening at depth.
Adyton Resources Corporation has commenced trading on the Papua New Guinea National Stock Exchange (PNGX) via PETS Depository Interests. This secondary listing complements its primary TSX Venture listing and aims to increase local investor participation in its Papua New Guinea gold and copper-gold projects.
Adyton Resources reported further positive drill results from its Feni Island Gold-Copper Project in Papua New Guinea, highlighted by a 167m intercept at 1.14 g/t AuEq from surface in hole FDD026. The results confirm and extend mineralization along a 2km strike length, with ongoing step-out drilling and a large IP geophysical survey targeting further expansion. The company also provided updates on its existing resource estimates and the granting of new exploration tenure.
Adyton Resources announced positive drill results from its Feni Island Gold-Copper Project in Papua New Guinea, highlighted by a 167m intercept at 1.14 g/t AuEq from surface in hole FDD026. The drilling confirmed and extended mineralization over a 2km strike length, with molybdenum findings reinforcing a porphyry-style system. The company also reported the granting of a new exploration license and the commencement of a large-scale IP geophysical survey to identify new targets.
The sale of the Simberi project in PNG to Lingbao Gold has set a high valuation benchmark for gold assets in the region. This provides a positive context for Geopacific Resources as it seeks funding for its Woodlark project, which has a 1.2Moz reserve and a DFS forecasting 1.1Moz of gold production.
Adyton Resources has filed an NI 43-101 technical report for the Gameta Gold Project on Fergusson Island, PNG. The report supports the updated Wapolu Mineral Resource Estimate previously disclosed in August 2026.
Great Pacific Gold announced results from its maiden diamond drill program at the Kavasuki target within the Wild Dog Project in Papua New Guinea. The program confirmed broad, shallow gold mineralization with notable intercepts including 58.90 m at 2.43 g/t Au and 38.40 m at 2.07 g/t Au, alongside higher-grade zones up to 17.93 g/t Au. The drilling also refined the geological understanding and established a new targeting framework for the project.
