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GEOPACIFIC RESOURCES NL - ASX: GPR
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Description
Geopacific Resources NL is a mineral exploration company focused on gold and copper projects on Viti Levu, the main island of Fiji.
Geopacific’s objective is to use ‘state of the art’ geophysical techniques and modern exploration concepts to exploit its long established presence and operating expertise in Fiji to grow shareholder value through discovery and development or sale of economic precious and base metal deposits.
Raki Raki Project
The Raki Raki Project is located in northern Viti Levu and is a 50% joint venture between Peninsula Minerals Limited and Geopacific Resources NL. Geopacific is the manager of the joint venture.
Vuda Project
A gradient array Induced Polarisation (IP) survey was undertaken at Vuda during 2007. Elliot Geophysics Ltd undertook the ground grid-based survey over areas of clay alteration and surficial gold mineralisation along 100m space lines.
Nadi Project
During 2007 five diamond drill holes (DDHNT001-5) were completed in Nadi South. These tested the northern portion of a strong chargeability anomaly (Togo Prospect) which was defined during late 2006 by a three dimensional Induced Polarisation (IP) survey using an offset pole-dipole (OPD) configuration.
Nuku Project
During early 2007 regional geochemical sampling of SPL1368 was undertaken and numerous areas shedding anomalous gold and base metals were defined. One of these, the Wailoaloa Prospect is located on the northern part of an anomalous, highly magnetic zone which forms a SW trending anomaly over approximately one kilometre.
Nabila Project
During late May 2008 Geopacific Resources NL completed the purchase of Millennium Mining (Fiji) Limited (“Millennium”) which holds title to the Nabila Gold Project, (Special Prospecting Licence (‘SPL’) 1216) and the Kavukavu Project (SPL 1415) located southwest of Nadi. Millennium is a mineral exploration company incorporated in Fiji.
Mine For
copper, gold, silver
Location of operation(s)
Fiji
Address
Level 4, 425 Elizabeth Street
SURRY HILLS, NSW, AUSTRALIA
Phone
+61 2 8622 1691
Website
Last Updated
28/09/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.
