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Geopacific Resources Ltd (ASX:GPR) has identified new gold intersections at its Woodlark Gold Project located in Papua New Guinea.
Geopacific Resources has acquired a majority stake in Kula Gold after the takeover target’s largest shareholder accepted Geopacific’s recently increased offer.
Geopacific Resources (ASX:GPR) has received new assay results intersecting up to 21 metres at 3.27 g/t gold at the Woodlark Gold Project in Papua New Guinea.
Kula Gold (ASX:KGD) has received further ongoing high grade gold assays from its drilling program at the flagship Woodlark Island Project in Papua New Guinea.
Perth-based explorer Kula Gold says it could save $US25 million, or 27 per cent, in the costs of building its Woodlark Island gold project in Papua New Guinea if done so in the current economic environment.
Kula requested the halt pending drill results on the Woodlark Island Gold project as announced by JV partner, Geopacific Resources (ASX:GPR), on 25 January 2017 and to engage a competent person to sign off on the competent person statement.
Resource Capital Gold Corp., (TSX VENTURE: RCG) ("RCG" or the "Company") is pleased to announce that Dr. Ian J. Pringle and Mr. Gary L. Lewis have joined its board as non-executive director and non-executive chairman respectively. Mr. Ian Mitchell has stepped down from the board for personal reasons. Dr. Pringle and Mr. Lewis join Dr. Michael G. Nelson and Mr. George S. Young on the board and bring additional technical strength and business acumen to the Company as it commences mining and milling operations in Nova Scotia, and continues to build its asset base in North America.
A record high Australian dollar price in June has provided a tailwind for the state’s gold sector, and 2017 is looking to be a similarly positive year.
Local explorer Geopacific Resources has kicked off a $15 million capital raising to fund the earn-in, and development, of the Woodlark gold project in Papua New Guinea.
Geopacific Resources Ltd (ASX:GPR) is raising funds for gold exploration in Cambodia. The ASX has granted the company a trading halt to prepare, with its shares placed in pre-open. The halt will remain in place until the opening of trade on Thursday 18th August 2016, or earlier if an announcement is made to the market.
Perth-based explorer Geopacific Resources has entered into an agreement to farm-in to Kula Gold’s Woodlark Island gold project in Papua New Guinea, in a deal worth up to $18.6 million.