A bit more from commentary on the Fosterville trend and recent drilling……Great Pacific Gold Corp. has unveiled a groundbreaking discovery in Victoria, Australia, situated directly south of Agnico Eagle's (NYSE: AEM) Fosterville Mine tenements. The company's recent drilling program at the Lauriston Project's Comet Prospect has yielded remarkable results, with drillhole CRC07 intersecting 5m at an extraordinary 166.35 g/t gold, including 2m at an astonishing 413 g/t gold from 95m.This revelation marks a significant milestone for Great Pacific Gold, as the high-grade intercept at the Comet Prospect surpasses any previous reports from the Lauriston Project. Notably, this discovery comes from the last hole of the 2023 drilling campaign, adding an element of fortunate timing to the achievement.The Comet Prospect, exhibiting geology akin to the renowned Fosterville Mine, showcases visible gold observed in chip trays during drilling. This finding further emphasizes the potential of the area, with the west-dipping Comet fault zone mirroring the structural setting of the mineralization present at Fosterville.
S2R Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held
