GPR geopacific resources ltd

The obvious comment to make in relation to the recent resource...

  1. 31 Posts.
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    The obvious comment to make in relation to the recent resource upgrade is that there is likely significant upside to estimate.
    Why?
    a. The restatement to 1.67M oz is based on existing data through improved cut-off and better data management.
    b. Woodlark Island is very underexplored, GPR has the only exploration licence, and similar porphyry systems in the Solomon Sea region have enjoyed expansion over time with ongoing exploration drilling.
    If this resource (Indicate and inferred/ proven and probable) expanded to 2M - 3M Au oz over time the mine life could easily exceed 20+ years.
 
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Mkt cap ! $76.37M
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2.4¢ 2.4¢ 2.4¢ $1.625K 67.69K

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