on South Pacific Metals Corp. (isin : CA48301H1073)
South Pacific Metals Advances Gold-Copper Exploration Activity Across Its Papua New Guinea Portfolio
Vancouver-based South Pacific Metals Corp. (TSXV:SPMC; FSE:6J00), an emerging gold-copper exploration company, announced a new systematic exploration initiative for its four key projects in Papua New Guinea. Covering 3,000 km², the projects—Anga, Osena, Kili Teke, and May River—aim to achieve near-term discoveries and expand growth opportunities.
The Anga and Osena Projects in the Kainantu Gold District focus on surface sampling, mapping, and prospecting. Previous surface samples from Osena have been submitted for analysis, and results are expected in Q3 2024. At the Kili Teke Project, desktop analysis aims to optimize and expand its existing mineral resource. May River will undergo a comprehensive review of historical and modern data to identify new drilling targets.
Michael Murphy, Executive Chairman & CEO, highlighted the strategic importance of their assets, alongside collaboration with local communities and government officials. He emphasized advancing the projects methodically and ethically to realize their potential fully.
R. P.
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