South Pacific Metals Corp. 'SPMC' is an Asia-Pacific focused gold mining company with three highly prospective gold/copper projects, SPMC South, SPMC North and the May River Project. All projects are located in premier mining regions in PNG. Both SPMC North and SPMC South show potential to host high-grade epithermal and porphyry mineralisation, as seen elsewhere in the high-grade Kainantu Gold District. The May River project is in close proximity to the world-renowned Frieda River Copper-Gold Project, with historical drilling indicating the potential for significant copper-gold projects. SPMC has a highly experienced board and management team with a proven track record of working together in the region; and an established in-country partner. SPMC entered a definitive agreement to acquire the Kili Teke Copper Gold Project in April 2022.
The two projects are located in the Kainantu region of PNG, home to high-grade producing gold mines, and show potential to host the high-grade epithermal and porphyry mineralization as seen elsewhere in the district.