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South Pacific Metals Kicking Off First Multi-Stage Exploration Program of 2024 at the Anga Gold-Copper Project in Papua New Guinea
VANCOUVER, BC / ACCESSWIRE / July 25, 2024 / South Pacific Metals Corp. (TSXV:SPMC)(FSE:6J00...
About this update from South Pacific Metals Corp.
[{"type":"text","content":"South Pacific Metals Kicking Off First Multi-Stage Exploration Program of 2024 at the Anga Gold-Copper Project in Papua New GuineaVANCOUVER, BC / ACCESSWIRE / July 25, 2024 / South Pacific Metals Corp. (TSXV:SPMC)(FSE:6J00) (\"SPMC\" or the \"Company\"), an emerging gold-copper exploration company operating in the heart of Papua New Guinea's proven production corridors, is pleased to announce mobilization for its first multi-stage exploration program of 2024 at its Anga Gold-Copper Project located in the gold-copper-producing Kainantu District. The Irinke Exploration Program is designed to target lode-gold and base-metal rich mineralization known to exist on the adjacent property, only 3 km to the southwest at the Arakompa lode-gold drill program and nearby Kainantu Gold Mine.Highlights:Comprehensive soil and rock surface sampling and structural / geological mapping program to be completed over three-weeks at the Irinke Prospect, targeting lode gold and base metal-rich mineralization similar to that present approximately 3 km to the southwest on the adjacent K92 Kainantu Gold Mine property.Previous work at Anga had sampled a 5 cm, ENE-oriented high-grade gold-carbonate base-metal vein that returned 2.28 g/t Au, 9.4 g/t Ag, 418ppm Pb and 1,254 ppm Zn. The 2024 program is designed to understand the structural setting associated with this vein, vector to further mineralization and identify drill targets.The Anga Project shares many similar geological and mineralization attributes to the high-grade gold deposits currently being mined by K92, immediately adjacent to Anga. The Irinke Program will be completed proximal to where K92 is currently drilling their Arakompa lode-gold vein system with multiple high-grade intercepts reported.Multiple gold vein and porphyry copper-gold prospects are present at Anga and further exploration programs are being designed for execution in 2024.\"The entire team is excited to kick-off the first exploration program of 2024 at the Anga Project,\" commented Cathy Fitzgerald, President and Chief Geologist. \"Our community relations and geological and team members have done excellent work in ensuring the Company get boots-on-the-ground exploration underway. While we've been encouraged by strong results and increased drilling activity at neighbouring sites, we believe Anga's geology could prove to be transf...