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Geopacific Raises $40M to Power Major Woodlark Gold Expansion
10:20am on Friday 31st of January, 2025 AEDT
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Mining
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Geopacific Raises $40M to Power Major Woodlark Gold Expansion
10:20am on Friday 31st of January, 2025 AEDT
Key Points
Completed $40 million entitlement offer strongly supported by existing and new investors
Planned 30,000m drilling program to commence May 2025 targeting resource growth
Updated Definitive Feasibility Study (DFS) targeted for completion by end of 2025
Ongoing community relocation progressing with 73% of buildings completed
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Geopacific Resources (ASX:GPR)
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