Mining Stock Daily Introduction to Great Pacific Gold and their Exploration Efforts in Papua New Guinea
Aug 12, 2025
Greg McCunn, CEO of Great Pacific Gold, joins to share insights into the company's dual focus on exploration in Papua New Guinea and Australia. He discusses the exciting high-grade gold targets at their Wild Dog and Kesar projects. The strategic spin-out of their Australian project aims to clarify investor focus and boost value. McCunn highlights promising drill results indicating potential gold and copper deposits and shares the company’s financial strategies, paving the way for an optimistic future.
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Focused Portfolio And Walhalla Spinout
- Great Pacific Gold focused operations on two PNG projects and will spin out a large Australian asset to shareholders.
- The spinout aims to simplify focus and unlock value by creating a standalone company for the Walhalla district-scale project.
Streamline By Divesting Non-Core Assets
- Simplify a multi-asset company by divesting non-core projects to improve investor clarity.
- Focus capital and management on high-priority assets to create clearer value propositions.
Walhalla: Consolidated Historic Gold Belt
- Walhalla covers roughly 1,400 km2 on a historic Victorian gold belt consolidated for the first time.
- Management positioned Walhalla with a drill-ready target called Pinnacles and a standalone team can unlock its value.