Geopacific Resources has received encouraging gold assay results from recent prospecting at the Vuda, Sabeto and Raki Raki projects in Fiji.

At Ista"s Prospect in the Vuda Project, two diamond drill holes were located to test beneath silicified and pyritic outcrops with anomalous gold ranging up to 17grams/tonne gold in outcrop channel samples.

Samples of sawn drill core from one hole returned an interval of 6 metres averaging 3.29 grams/tonne gold directly underlying gold mineralized outcrop with grades ranging up to 9 grams/tonne gold. Another hole was drilled from the same drill collar location to test at depth and north of the gold mineralized outcrop and intersected similar clay-quartz-pyrite alteration.

Surface sampling at the Teitei Prospect, also at Vuda, located visible gold in pyritic and gossanous outcrops and bedrock channel samples of these have defined a 9 metre wide zone with an average gold grade @ 4.77grams/tonne gold, including 3 metres @ 9.33 grams/tonne.

Drill testing from previous programes in the area has shown considerable potential for deeper, high-grade gold mineralization. Geopacific's current drilling is expected to confirm and upgrade Teitei as a prospect with considerable potential to host a high-grade gold deposit.

Stream sediment sampling in the Sabeto area, south of Vuda, has defined an area of about 400 metres x 200 metres which is anomalous in gold. Samples at about 100 metre spacing range up to 0.928ppm gold in BCL samples. Assay data from outcrop samples in the anomalous area range to 60 grams/tonne gold.

At the Qalau-4300E Prospect in the Raki Raki project an IP-resistivity survey and follow-up drilling located gold mineralization. High gold values in stream sediments collected south-west of Qalau-4300E have highlighted a 2km zone extending from Qalau, which is an interpreted source area for the anomalous gold. High gold in stream sediment sample indicates mineralization at Qalau also extends to the south.

The Raki Raki Project is a 50% joint venture between Peninsula Minerals and Geopacific Resources.