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Geopacific gears up for growth

With a fresh A$10.5 million placement under its belt and the successful off-market takeover of its joint venture partner, Geopacific Resources (AU:GPR) is progressing closer to production at its flagship Woodlark 2.1 million ounce gold project in Papua New Guinea.

Mining Journal
Geopacific Resources MD Ron Heeks (left) examining Woodlark samples

Geopacific Resources MD Ron Heeks (left) examining Woodlark samples

The company is now fully funded and well-positioned to unlock Woodlark’s full value – aiming for production in 2019 and, for the first time, set to test the project’s true scale through wider exploration....

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