Mineralisation hit in 5 of 7 holes; high-grade intercepts at Onki and Jorkol confirm SPMC is drilling within a mineralised hydrothermal system - ongoing drilling will target the productive, high-grade parts of the veins. South Pacific Metals Corp. reports results from the first-ever drill program at its Ontenu NE project in Papua New Guinea - seven holes for 2,266 m completed to date within the wider Osena Project area on [...]
South Pacific Metals Corp. is pleased to announce that Simon Jackson has been appointed to the Board of Directors of the Company, effective March 30, 2026, and that Rebecca Moriarity will be joining the Company as Chief Financial Officer on April 30, 2026. Simon Jackson is an experienced resource industry executive with a broad range of senior management experience through all facets of the mining cycle from exploration [...]
South Pacific Metals Corp. announces the addition of a second drill rig to accelerate testing of multiple targets in the Ontenu Project area, part of the wider Osena Project in the Kainantu District of Papua New Guinea, on the south west border of K92 Mining Inc.'s Kainantu Gold Mine property. The rig is expected to arrive within two weeks. Exploration Update: Second drill rig to target initially the Onki Fault area [...]
South Pacific Metals Corp. is pleased to announce that it has closed its previously announced best-efforts private placement of units , led by BMO Capital Markets, for gross proceeds of C$9,199,494. Each unit consisted of one common share of the Company and one-half of one common share purchase warrant of the Company. Under the Offering, a total of 17,036,100 Units were issued at a price of C$0.54 per Unit. This includes [...]
South Pacific Metals Corp. is pleased to announce that it has entered into an agreement with a syndicate of agents led by BMO Capital Markets to market on a best-efforts basis by way of a private placement, up to C$8 million of units consisting of one common share and one-half of one common share purchase warrant of the Company , at an indicative price of C$0.54 per Unit . Each Warrant will entitle the holder to acquire [...]
South Pacific Metals Corp. is pleased to announce receipt of multi-element rock chip assay results from samples of mineralized structures, at the Ontenu NE prospect within its Osena Project. The Project lies within a major NE-SW corridor known as the Kainantu Transfer Zone, which also hosts the large Kainantu Gold-Copper mine being mined by K92 Mining Ltd. Highlights from Ontenu NE latest rock chips Multi-element results [...]
South Pacific Metals Corp. is pleased to announce the commencement of its maiden drilling program at Ontenu Northeast prospect within its Osena project area, Papua New Guinea. The Project lies within a major NE-SW corridor known as the Kainantu Transfer Zone, which also hosts the large Kainantu Gold-Copper mine being mined by K92 Mining Ltd. The drilling will test whether the northwest trending mineralised structures [...]
South Pacific Metals Corp. the highest soil gold values reported on the Anga project to date. Two zones of high copper and silver in soil samples with peak results up to 3,397 ppm Cu and 2160 ppb Ag - within the broader gold in soil anomaly mentioned above. Panned concentrate samples from streams draining Golkona South contain up to 282 ppm Au, indicating a local source. The anomalous area is coincident with mobile MT [...]
South Pacific Metals Corp. is pleased to announce rock chip assay results from more new discoveries of mineralized structures, at the Ontenu NE prospect within its Osena Project. The Project lies within a major NE-SW corridor known as the Kainantu Transfer Zone, which also hosts the large Kainantu Gold-Copper mine being mined by K92 Mining Ltd. Highlights: More mineralised structures similar to, and south of, the newly [...]
South Pacific Metals Corp. is pleased to announce rock chip assay results from recently discovered mineralized zones, at surface, at the Ontenu NE prospect within its Osena Project. The Project lies within a major NE-SW corridor known as the Kainantu Transfer Zone, which also hosts the large Kainantu Gold-Copper mine being mined by K92 Mining Ltd. Highlights: A 1m-2m wide mineralised structure with sulphides and copper [...]
South Pacific Metals Corp. reports that the National Court Justice of Papua New Guinea has has upheld the interim injunction previously obtained by SPMC's wholly-owned subsidiary, Kainantu Resources Limited , in its proceedings against K92 Mining Limited and the Mineral Resources Authority in relation to Exploration Licence EL2558. Scope of the Injunction The injunction restrains K92 Mining and the MRA from actions that [...]
South Pacific Metals Corp. announces that its wholly-owned subsidiary, Kainantu Resources Limited, has obtained an interim injunction from the National Court of Justice of Papua New Guinea restraining K92 Mining Limited from interfering with or contravening Kainantu Resources' exclusive exploration rights within its EL 2558 exploration licence area, including: restraining K92 Mining from entering into or interfering with [...]
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