Development drilling at Kulumadau deposit of the Woodlark Gold Project in Papua New Guinea continues to return strong results. The latest results received by the Geopacific Resources and Kula Gold joint venture include 18 metres from 231 metres @ 10.29 g/t.

Geopacific says drilling in the area of the Kulumadau West deposit targeted depth extensions of the mineralisation. The drilling revealed strong zones of high-grade mineralisation within 100 metres of the base of the 2012 pit design, increasing certainty around inferred mineralisation identified in historic drilling.

Kulumadau West is the main area of the Kulumadau deposit and is characterised by broad zones of gold mineralisation. The depth of the 2012 pit design varies between 130 and 150 metres, with the latest results within 100 metres of the pit base. The deposit remains open at depth.

Drilling to the north of the Kulumadau East deposit continued to return broad zones of near-surface mineralisation, which remains open along strike and at depth.

Ongoing development drilling at the Busai deposit has confirmed the presence of broad gold intersections below the Busai Main deposit. Geopacific says these results compliment previously released intersections and confirm the continuity of gold mineralisation up to 70 metres below the 2012 pit design.

Other strong recent results from Kulumadau are 22 metres from 53 metres @ 2.78 g/t, 14 metres from 218 metres @ 2.71 g/t, 30 metres from 28 metres @ 2.08 g/t and 3 metres from 212 metres @ 63.44 g/t. Best of the recent results from Busai are 40 metres from 121 metres @ 2.04 g/t, 18 metres from 178 metres @ 5.55 g/t and 8 metres from 168 metres @ 3.05 g/t.

Geopacific’s managing director Ron Heeks said, “We are pleased that these results continue to demonstrate the potential to expand Woodlark. They confirm the mineralisation continues down-dip and below the 2012 pit designs at both the Kulumadau and Busai deposits. Kulumadau East also continues to produce positive results.”

www.geopacific.com.au

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