Category: Minerals and Mining

Stay up-to-date on the latest mining and minerals news in Papua New Guinea with PNG News Update. Our reliable sources bring you the most recent developments and insights on the industry, including updates on major projects, new discoveries, and regulatory changes. Today’s headline news includes the announcement of a new mining project in the Eastern Highlands, as well as a dispute between a mining company and local landowners. With our in-depth coverage and timely reporting, PNG News Update is your go-to source for the latest news and analysis on minerals and mining in Papua New Guinea.

Great Pacific Gold Receives Wild Dog Project License in Papua New Guinea

Great Pacific Gold Receives Wild Dog Project License in Papua New Guinea

Great Pacific Gold Corp. (GPAC) has obtained the Wild Dog Exploration License (EL 2516) in Papua New Guinea, covering an advanced stage 1424 sq. km project area with historical gold production. The project features high-grade gold mineralization and includes targets that remain largely unexplored. Recent sampling has shown significant mineral presence. With the acquisition, GPAC’s exploration land in PNG now totals 2500 sq. km, integrating both early and advanced-stage exploration targets. The company plans to focus on expanding known mineralization and exploring new targets within this area.

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Great Pacific Gold Corp: The Wild Dog Project, Papua New Guinea

Great Pacific Gold Corp, headquartered in Canada, focuses on developing gold and copper projects in Papua New Guinea. With a strong leadership team and a financial footing featuring CAD $10 million in cash and no debt, the company actively explores, especially at their key project, the Wild Dog Project in New Britain. Despite being in the exploration stage and sensitive to commodity price fluctuations, GPAC shows potential for significant growth through exploration successes and favorable market conditions. Investors should note the inherent risks in exploration ventures.