South Pacific Metals Corp. is pleased to announce the acquisition of its first man-portable diamond drill, following the successful close of its C$6.3 million financing. Designed for efficient core drilling to depths of 500+ metres in remote locations, the new MultiPower MP500 Diamond Core Drill can operate year-round and will support faster and more cost-effective mobilization efforts across SPMC's 3,100 km² portfolio of [...]
South Pacific Metals Corp. is pleased to report the successful completion of the Warden's Hearing for the renewal of Exploration License EL 2310, covering the 253 km2 concession comprising the Kili Teke Copper-Gold Project , located in Papua New Guinea. The Project currently hosts an Inferred Mineral Resource defined on only a portion of the system: the Central Porphyry hosts 1.81 Moz Au, 802 kt Cu & 40 kt Mo contained [...]
South Pacific Metals Corp. is pleased to announce that that following the successful closing of its recent C$6.3 million financing, the Company is now set to proceed with extensive exploration programs across its 3,100 square kilometre portfolio of four gold-copper projects in Papua New Guinea. Upcoming exploration activities at May River, Osena, Anga and Kili Teke Projects will include systematic sampling, trenching, and [...]
Company Retains Agentis Capital Mining Partners for Advisory Services South Pacific Metals Corp. is pleased to announce that is has closed its previously announced non-brokered private placement offering issuing 13,125,000 units of the Company at a price of C$0.48 per Unit for total gross proceeds of C$6,300,000. In addition, SPMC announces the appointment of Jonathan Rubenstein, LLB, to the board of directors of the [...]
South Pacific Metals Corp. is pleased to announce that further to its press release of December 11, 2024, the Company has increased the size of its previously announced non-brokered private placement offering , due to increased investor interest, to up to 13,125,000 units of the Company at a price of C$0.48 per Unit for gross proceeds of up to C$6,300,000 . Each Unit will consist of one common share of the Company and [...]
South Pacific Metals Corp. announces that it has changed its auditor from Smythe LLP to Davidson & Company LLP effective December 10, 2024. In accordance with National Instrument 51-102 Continuous Disclosure Obligations , the Company has filed a Notice of Change of Auditor with respect to the resignation of the Former Auditor and the appointment of the Successor Auditor . The Notice and the required letters from both the [...]
South Pacific Metals Corp. is pleased to announce the appointment of Alexander Davidson to the Company's Board of Directors. With over 40 years of experience designing, executing, and managing gold and base metal exploration and acquisition programs globally, Mr. Davidson is widely regarded as one of Canada's most accomplished exploration geologists. Recognized for his leadership as Executive Vice President of Exploration [...]
South Pacific Metals Corp. is thrilled to announce that SPMC's President, Cathy Fitzgerald, has been recognized as one of the "100 Global Inspirational Women in Mining" , a Women in Mining UK initiative that highlights transformative contributions made to the global mining industry across all roles and jurisdictions. With over 20 years of experience in both technical and leadership roles, Cathy has been instrumental in [...]
Highlights: Dean Williamson Joins to Execute Drill Program Mandate - Former K92 exploration operator/manager with extensive experience and knowledge of Kainantu area mineralization and operations; Irinke Prospect Assays - Surface program results have defined a 2 km-wide mineralized NE trending corridor at SW Anga Project, with orientation and strike continuations comparable to K92's Arakompa Discovery and lode-gold drill [...]
Historical Drill Highlights Include: 19 m @11.47% Cu, 2.17g/t Au from 13 m Depth at Ufuo Massive Sulfide Prospect 109 m at 1.53 g/t Au from Surface at Skygate Cu-Au Porphyry Prospect South Pacific Metals Corp. is pleased to announce that two significant mineralized districts - the Skygate Cu-Au Porphyry-Epithermal District and the Ufuo Polymetallic Massive Sulfide District - have been identified by the Company following a [...]
South Pacific Metals Corp. , an emerging gold-copper exploration company operating across Papua New Guinea, is pleased to extend congratulations to K92 Mining Inc. on its latest drilling results at Arakompa, including reports of a significant strike extension and discovery of a potential thick high-grade zone. K92's maiden drill program at Arakompa is located just 3 km from SPMC's Anga Gold-Copper Project boundary [...]
South Pacific Metals Corp. , an emerging gold-copper exploration company operating across Papua New Guinea, is pleased to announce the expansion of key Kainantu Gold District holdings by an additional 112 km² at its Osena Gold-Copper Project immediately south of K92. Key Expansion Highlights: Exploration Licence Application 2850 acquired covering 112 km² prospective land, expanding the Osena Gold-Copper Project to the [...]
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