Mining Stock Daily Great Pacific Gold Ramps Drilling and Secures $20M to Expand Wild Dog
Apr 1, 2026
Greg McCunn, CEO of Great Pacific Gold, leads exploration at the Wild Dog Project in Papua New Guinea. He discusses a major ramp-up with multiple drill crews and broad near-surface gold at Kavasuki. He outlines plans to test corridor width and step-out targets, plus deeper porphyry probing at Cassie Ridge. He also explains the rationale for an upsized $20M financing to expand drilling into 2026.
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High Grade Corridor Extends Across Wild Dog
- Great Pacific Gold is delineating a 4.5 km structural corridor with high-grade chutes from Kavasukee to Mangmet.
- Kavasukee holes show broad, near-surface mineralization including 58.9 m @ 2.5 g/t and 38.4 m @ 2.23 g/t, with hole four visually similar.
Step Out Drills Demonstrate Continuity
- Step-out drilling at Kavasukee is showing continuity and width potential with visual silica flooding, quartz veining and sulfides.
- Hole four was a 20 m step-out from hole three and looks visually similar while assays remain pending.
Raise When Market Appetite Exists
- Raise capital when market demand exists rather than only when funds are needed.
- GPAC upsized to $20M quickly after strong institutional orders to fund multi-rig capacity and avoid rushed future raises.