Sydney, Oct 23, 2018 AEST (ABN Newswire) - Geopacific Resources (
ASX:GPR) (GPACF:OTCMKTS) has provided an updated on the progress of the Definitive Feasibility Study for their Woodlark gold project in Papua New Guinea. We discussed with the company the progress of the study, potential cost savings as well as the progress of project financing options.
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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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