11:58 AM EDT, 07/19/2024 (MT Newswires) -- Great Pacific Gold ( FSXLF ) said Friday drilling is underway at the Arau project in Papua New Guinea.
The company said it completed the rehabilitation of road access to the project, constructed nine drill pads and mobilized a reverse-circulation drilling rig to start exploration.
Great Pacific said drilling will seek to confirm copper-gold porphyry mineralization underneath the skarn mineralization at the project. The company noted this is the first drilling it conducted on its projects in Papua New Guinea.
Great Pacific said it is also preparing the Kesar Creek project for a drilling program.
The company's shares were last seen up $0.04 to $0.71 on the TSX Venture Exchange.
Price: 0.71, Change: +0.04, Percent Change: +5.97