Sydney, Feb 2, 2018 AEST (ABN Newswire) - We recently interviewed Geopacific Resources (ASX:GPR) (GPACF:OTCMKTS) for an update on their Woodlark Gold Project in Papua New Guinea. Topics discussed included.
- An update on the updated reserve and resource:
- An update regarding the DFS;
- The exploration strategy at Woodlark moving forward; and
- The company's strategy for their Kou Sa Project in Cambodia.
Analyst comment: This interview highlights that after much work behind the scenes during 2017, Geopacific is close to releasing a string of important announcements, which will lead to a development decision on Woodlark during the second half of 2018.
The first of these announcement's which will go a long way to shaping the project will be the reserve and resource upgrade, which is due to be released in March.
To view the video, please visit:
About Geopacific Resources Ltd
Geopacific Resources Ltd (ASX:GPR) has been listed on the Australian Stock Exchange (ASX) since 2006. The Company's initial activities were on its tenement holdings in Fiji where its exploration activities have identified several highly prospective project areas.
When Geopacific merged with World Wide Mining in 2013 the Company became a regional explorer with an Asia-Pacific-focus – adding the Kou Sa Project in Cambodia to its existing Fijian Projects. Economic conditions then led the Company to adopt a single-project strategy, focussed on Kou Sa. The experience of Geopacific's Board and Senior Management Team equips the Company with the capability and capacity to run projects concurrently – exploration at the Fijian Projects will therefore recommence while work at Kou Sa continues.
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