Overview

Geopacific’s long history of operating in Fiji and its understanding of Fijian geology and exploration opportunities has enabled the Company to acquire a portfolio of quality exploration tenements with strong potential for economic discoveries.

Mineralisation is widespread in Fiji which has a mining history of continuous gold production for over 70 years, however, despite an abundance of mineral deposits, Fiji has been under-explored and offers numerous mining opportunities through the application of modern geophysical methods.

The Company’s primary strategy is to aggressively explore these properties, supplementing previously applied surface geology and geochemistry with the latest developments in geophysical testing and data modeling to better define subsurface geological structures and refine targets for effective drill testing.

It is Geopacific’s intention to develop any small to medium sized, high-grade mineral discoveries on its own account and Geopacific’s recent purchase of Millennium Mining (Fiji) Limited which owns the Faddy's Gold Deposit is a considerable step in this direction.

Faddy’s is an epithermal-type gold deposit which contains near-surface mineralisation estimated as 920,000t @ 4.9g/t Au (144,000 ounces of contained gold) by Climax Mining Ltd in 1991. Although this is not considered to be of JORC reporting standard and is not an estimate of Mineral Resources as defined by the JORC Code, it represents a substantial gold deposit. Geopacific intends to evaluate Faddy’s with further drill testing and feasibility studies with the intention of developing the deposit into a small high-grade mine, which will provide Geopacific with cash flow.

Geopacific continues to leverage the discovery record of its highly experienced and successful management team and bring a new exploration approach and appropriate new technology tailored to a cost effective work program for each project.