FINANCE VIDEO: Geopacific Resources Ltd - Management Update
Sydney - Geopacific Resources (ASX:GPR) (OTCMKTS:GPACF) is developing the Woorlark gold project in Papua New Guinea. The company released a positive PFS for the project earlier this year which outlined the Woodlark Project is a robust, low-cost, low stripping ratio, open pit gold project that can deliver an average of 100Koz Au per annum over an initial 10 year mine life. Following the PFS the company is currently working towards the release of a DFS in the coming months. Whilst exploration activities at the project have also increased whilst project financing negotiations have commenced.To view the video, please visit:
http://www.abnnewswire.net/press/en/93777/GPR
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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Source: Geopacific Resources Ltd. / The Sophisticated Investor
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Adam Kiley Director
TSI Capital Pty Ltd
E: adam.kiley@tsicapital.com.au