Great Pacific Gold Appoints New Country Manager, Papua New Guinea
October 17 2024 - 8:30AM
Great Pacific Gold Corp. ("Great Pacific Gold,” “GPAC,” or the
"Company") (TSXV: GPAC) (OTCQX: FSXLF) (Germany: V3H) is pleased to
announce the appointment of Ron Gawi as Country Manager, Papua New
Guinea, effective immediately.
“With the focus of the Company’s exploration
activity now in Papua New Guinea, we are very pleased to welcome
Ron Gawi to our executive team,” stated Greg McCunn, CEO of Great
Pacific Gold. “His extensive background in permitting and obtaining
and managing social license to operate in PNG is critical for the
long-term success of Great Pacific Gold. With an exciting maiden
drill program just getting underway at Kesar, Ron is joining the
team at an ideal time.”
Mr. Gawi, worked for over 20 years for the Papua
New Guinea (PNG) Department of Minerals and Energy which later
became the Mineral Resources Authority (MRA). He reached the level
of Assistant Director Mining and then Manager, Project Coordination
at MRA. The MRA is the government institution which regulates the
mining industry in PNG and during his tenure, Mr. Gawi provided
leadership and guidance to a team of project coordinators
overseeing seven operating mines. In this role, Mr. Gawi also acted
as team leader for review and negotiation of Integrated Benefits
Package Agreements in mining projects. Earlier in his career at the
MRA he acted as a Principal Project Coordinator, overseeing mining
operations at Porgera and Lihir. His responsibilities also included
the Kainantu Mine, now operated by K92 Mining and in close
proximity to the Company’s active drilling program at Kesar.
Following a successful career at the MRA, Mr.
Gawi took on the role of Country Manager, PNG, for Highlands
Pacific and held that role for a decade. In this role, Mr. Gawi
developed vast experience in government relations and diplomatic
relations with extensive dealings with consultants, aid donors,
civil society groups, women’s groups and landowner associations in
mining and exploration areas.
Mr. Gawi is a former Director of MRA and also
the PNG Chamber of Resources and Energy (CORE) and is currently a
member of the mining committee of CORE. The role of CORE is to
promote the mineral and exploration potential of PNG. CORE has a
membership of over 100 companies, including Great Pacific Gold.
In conjunction with Mr. Gawi’s appointment,
Benjamin Trotsky, previous Country Manager, will be moving to an
advisory role where he will assist the Company as required to
ensure a smooth transition.
On behalf of Great Pacific Gold:Greg
McCunnChief Executive Officer and DirectorDirect: (604)
229-9445Toll Free: 1 (833) 923-3334
For further information visit
gpacgold.com or contact: Investor RelationsEmail:
info@gpacgold.com
About Great Pacific Gold
Great Pacific Gold has a portfolio of
exploration stage projects in Papua New Guinea (“PNG”) and
Australia. The Company is focused on developing gold-copper
resources from its highly prospective land packages. Its core
projects include:
- Kesar
– located in the Eastern Highlands province of PNG and
contiguous with K92 Mining’s mine tenements, Kesar is a greenfield
exploration project with several high priority targets in close
proximity to the property boundary with K92. Multiple epithermal
veins at Kesar are on strike and have the same orientation of key
K92 deposits such as Kora. Exploration work to date by GPAC at
Kesar has shown that these veins have high grades of gold present
in outcrop and very elevated gold in soil grades, coincident with
aeromagnetic highs.
- Arau
– located in Eastern Highlands province of PNG, the Arau
Project contains the highly prospective Mt. Victor exploration
target with potential for a high sulphidation epithermal gold-base
metal deposit. A Phase 1 Reverse Circulation drilling program was
completed at Mt. Victor in August 2024, with results pending. The
Arau project includes the Elandora licence which also contains
various epithermal and copper-gold porphyry targets.
- Wild
Dog – located in the East New Britain province of PNG,
Wild Dog is a brownfield exploration project with a history of
small-scale gold mining. The project contains numerous epithermal
and porphyry hydrothermal-magmatic targets evidenced by previous
exploration and operations. The Company completed a road
refurbishment in August 2024 and access to the project has been
established for baseline environmental and exploration work.
-
Lauriston – located in the state of Victoria,
Australia, the Lauriston project is located on the southern
extension of the Fosterville Goldfield Belt and is adjacent to
Agnico Eagle’s extensive Fosterville tenements and mine operations.
Lauriston contains the Comet-Trojan target, a 4.5km long epizonal
orogenic system. The discovery hole at Comet intersected 8m at 105
g/t gold and a follow-up drilling program was completed in Q3 2024.
The Company is consolidating its information on the Lauriston
project and expects to publish an NI 43-101 compliant technical
report.
-
Walhalla – located in the state of Victoria,
Australia, the Walhalla project consists of over 1,400km2 of
concessions including the numerous historical mining operations and
the recently acquired Woods Point land package. The Company is
consolidating its information on the Walhalla project and expects
to publish an NI 43-101 compliant technical report. Walhalla
contains a high-priority greenfield target called Pinnacles.
Extensive soil geochemistry has highlighted a 400m x 1,100m gold
mineralized aplitic dyke which contains disseminated sulphides and
outcrops at surface. The Pinnacles target is fully permitted and
ready for drilling.
The Company also holds a number of other
exploration projects including the recently acquired Tinga Valley
Project.
Forward-Looking Statements
Information set forth in this news release
contains forward-looking statements that are based on assumptions
as of the date of this news release. These statements reflect
management's current estimates, beliefs, intentions and
expectations. They are not guarantees of future performance. Great
Pacific Gold cautions that all forward-looking statements are
inherently uncertain and that actual performance may be affected by
many material factors, many of which are beyond their respective
control. Such factors include, among other things: risks and
uncertainties relating to Great Pacific Gold's limited operating
history, its exploration and development activities on its mineral
properties and the need to comply with environmental and
governmental regulations. Accordingly, actual and future events,
conditions and results may differ materially from the estimates,
beliefs, intentions and expectations expressed or implied in the
forward-looking information. Except as required under applicable
securities legislation, Great Pacific Gold does not undertake to
publicly update or revise forward-looking information.
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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