공지 • Apr 10
Great Pacific Gold Corp Reports Assay Results from Drill Hole KVH-04 at Kavasuki Target
Great Pacific Gold Corp. reported assay results from drill hole KVH-04 at the Kavasuki target at its Wild Dog Project, located on the island of New Britain, Papua New Guinea. Kavasuki KVH-04 Highlights: Intercepted 59.90 metres @ 1.43 g/t AuEq from 8.70 metres (1.33 g/t Au, 1.24 g/t Ag, 0.05% Cu) including 14.0 metres @ 2.69 g/t AuEq from 35.0 metres (2.61 g/t Au, 2.18 g/t Ag, 0.04% Cu), and including 7.50 metres @ 2.78 g/t AuEq from 61.1 metres (2.27 g/t Au, 1.99 g/t Ag, 0.31% Cu). Results continue to support continuity of near-surface mineralization approximately 1 km north of the Sinivit deposit along the Wild Dog structural corridor. Kavasuki KVH-05 Highlights: Well-developed multi-phase quartz–carbonate veining from near-surface to ~33 m, including crack-seal textures, stockwork zones and locally brecciated vein domains; assays pending. KVH-05 represents a ~35 m down-dip step from KVH-04, successfully intersecting continued quartz–carbonate veining and hydrothermal brecciation, supporting vertical continuity of the Kavasuki system at depth. Reinforces the interpretation of a broad, coherent hydrothermal system at Kavasuki. The Wild Dog Project hosts a 15-kilometre-long structurally controlled mineral corridor containing multiple epithermal gold targets and porphyry copper-gold potential identified through recent MobileMT geophysical surveys. The corridor contains the Sinivit-Kavasuki vein system and multiple advanced targets including Kasie Ridge, which are now being systematically drill-tested as part of the Company’s 2026 exploration program. Drill hole KVH-04 was designed to test the down-dip extension of mineralization intersected in KVH-03, with approximately 20 metres of vertical separation between the holes. This close-spaced drilling approach is aimed at improving confidence in the geometry, continuity and short-range variability of the system. The hole successfully intersected a broad mineralized zone from near-surface, characterised by silica flooding, multi-phase quartz veining, hydrothermal brecciation, disseminated and vein-hosted sulphide mineralization. Assay results confirm that this zone hosts consistent gold mineralization across significant widths, with higher-grade internal zones typical of epithermal systems. KVH-04 provides support for down-dip continuity of mineralization below KVH-03, indicating the system extends beyond near-surface expressions. The consistency in alteration, veining and mineralization style between the holes supports the interpretation of a coherent and potentially vertically continuous mineralized structure. These results are a key step in establishing scale at Kavasuki, increasing confidence in the system’s potential to host a large, continuous epithermal gold system with further upside along strike and at depth. Drill hole KVH-05 was designed to test the down-dip continuation of the Kavasuki mineralized structure beneath KVH-04, with approximately 35 metres of vertical separation between the holes. This step-out drilling aims to evaluate the vertical continuity, geometry and depth potential of the system. Geological logging of KVH-05 has identified well-developed multi-phase quartz–carbonate veining from near-surface, associated with hydrothermal brecciation, silica flooding and strong structural disruption. Veining occurs as crack-seal textures, stockwork zones and overprinting events, indicating multiple phases of fluid flow within a structurally controlled system. Sulphide mineralization (pyrite ± minor chalcopyrite) is observed along vein margins, within breccia matrices and in late-stage vein phases. The intensity and style of veining are consistent with earlier holes and highlight the structural complexity typical of epithermal systems. Mineralization appears within fractured, locally clay-altered zones interpreted as fault-related dilation, reinforcing strong structural control. Persistent veining from near-surface through to depth supports a broad and vertically continuous mineralized envelope at Kavasuki, with potential for discrete higher-grade shoots within a wider system. Kavasuki forms part of the broader Sinivit–Kavasuki mineralized system, sharing similar structural controls and mineralization style, with mineralization hosted within a wide zone of silicification and veining. Multi-element assay results are pending, and interpretation of metal zonation and system vectors remains ongoing. The system remains open along strike and at depth and continues to demonstrate characteristics consistent with a large, well-developed epithermal gold system. Table 1: Kavasuki Drill Hole Details (PNG94 UTM Zone 56 coordinates). Hole ID Easting Northing RL Dip Azi Max Depth (m) Status KVH-01 395247.0 9490673.0 842 -55 304 159 Complete KVH-02 395248.0 9490672.0 842 -71 304 165 Complete KVH-03 395178.0 9490701.0 803 -53 100 113.7 Complete KVH-04 395179.4 9490700.5 803 -72 100 91.90 Complete KVH-05 395155.0 9490728.0 785 -62 110 tbd In Progress. Table 2: Kavasuki Drill Hole Key Assay Results Hole ID From (m) To (m) Interval1 (m) Gold (g/t) Silver (g/t) Copper (%) Gold Eq.2 (g/t) KVH-01 38.60 97.50 58.9 2.43 2.75 0.02 2.50 Including 49.00 53.60 4.60 8.24 10.19 0.13 8.56 KVH-01 100.60 118.70 18.1 2.08 1.60 0.03 2.14 KVH-03 12.30 50.70 38.40 2.17 2.50 0.02 2.23 Including 14.27 16.50 2.23 10.26 1.33 0.02 10.31 Including 48.50 50.70 2.20 15.78 12.59 0.20 16.24 KVH-04 8.70 68.60 59.90 1.33 1.24 0.05 1.43 Including 35.00 49.00 14.00 2.61 2.18 0.04 2.69 Including 61.10 68.60 7.50 2.27 1.99 0.31 2.78 Notes: Drill highlights presented above are core lengths (true widths are not known at this time). Gold equivalent (AuEq) exploration results are calculated using longer-term commodity prices with a copper price of USD 4.50/lb, a silver price of USD 27.50/oz and a gold price of USD 2,000/oz. No metallurgical testing has been carried out on Wild Dog mineralized samples. For AuEq calculations, recovery assumptions of Au 92.6%, Ag 78.0%, and Cu 94.0% were used based on K92 Mining’s stated recovery results in an Updated Definitive Feasibility Study for the Kainantu mine.
