Development drilling at the Kulumadau deposit of the Woodlark Gold Project in Papua New Guinea continues to encounter broad widths of high-grade gold mineralisation from shallow depths. The project is held in a joint venture between Geopacific Resources and Kula Gold.

Current drilling has targeted inferred resources in and near the 2012 pit designs as well as modelled extensions to mineralisation. The aim is to increase confidence in the current resource inventory for potential inclusion in future reserve calculations.

Geopacific says strong gold values have been returned in the diamond drilling within and surrounding the 2012 pit design.

In one hole at Kulumadau West an 84 metre-wide zone of mineralisation was returned over numerous intersections, including 10 metres from 53 metres @ 7.84 g/t, 13 metres from 82 metres @ 3.11 g/t and 12.3 metres from 137.7 metres @ 2.23 g/t.

This hole was in an area previously though to the poorly mineralised.

In another hole a 50 metre-wide zone of mineralisation was returned over numerous intersections, including 4 metres from 219 metres @ 2.32 g/t, 18 metres from 229 metres @ 3.39 g/t and 13 metres from 256 metres @ 1.68 g/t.

This hole intersected strong zones below the current pit design, confirming continuation of mineralisation at depth.

At Kulumadau East a hole intersected previously unrecognized zones of mineralisation within the current pit design. Best results were 8 metres from 25 metres @ 2.75 g/t and 14 metres from 38 metres @ 1.68 g/t.

Geopacific’s managing director Ron Heeks said, “Delivering a robust feasibility at Woodlark remains our focus. The success of these results continues to validate our strategy to deliver Woodlark into production after which we will turn our attention to unlocking the significant exploration potential of the project.”

Drilling will continue in coming months to further extend and infill the mineralisation in and surrounding 2012 pit design.

www.geopacific.com.au

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