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Geopacific Resources Ltd.

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Summary

Project:

Kou Sa

Deposit:Prospect 181
Location:Cambodia
Commodities:Gold-Silver
Date:1/17/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Scoping Study
Report details:17-1-2018: Geopacific Resources Ltd. announces an Exploration/Drilling Update report for its Prospect 181 deposit at the Kou Sa project. Drilling results incl. 11.5m @ 3.14g/t Au from 68.5m. The Board of Geopacific Resources Ltd (Geopacific) is pleased to
Resources:(Resource, I+I): 3.84Mt @ 0.77% Cu, 0.66g/t Au, 5.27g/t Ag at Kou Sa
CP/QP:[Overall Report]: Jim Kerr (Internal)
ABSTRACT:The Board of Geopacific Resources Ltd (Geopacific) is pleased to provide results on the recent gold and silver discovery in the Prospect 181 area of the Kou Sa project in Cambodia. Initial results from the diamond drilling program identified wide zones of epithermal-style, gold-silver mineralisation over a strike length of more than 250 metres. Mineralisation remains open at depth and along strike in both directions. True widths have yet to be determined but appear to be in excess of 40 metres. “This discovery continues to highlight the exploration potential of Kou Sa, in addition to the existing gold and copper resource. “Making a new discovery in an unexplored area is an excellent result and with drilling now complete, we look forward to the results from the remaining holes in the program. The unusually wide zones, intense alteration and wide-spaced surface results suggest the potential for a big system in the area.” An exploration program including soil geochemistry, rock chip sampling and geological mapping was undertaken to identify soil geochemical anomalies. Several large silicious zones were identified from anomalous gold and silver rock chip samples. Diamond drilling targeted surface results, intersecting wide zones of near-surface mineralisation that shows intense alteration and classic epithermal textures.

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