South Pacific Metals Corp. is pleased to announce that it has entered into an agreement with a syndicate of agents led by BMO Capital Markets to market on a best-efforts basis by way of a private placement, up to C$8 million of units consisting of one common share and one-half of one common share purchase warrant of the Company , at an indicative price of C$0.54 per Unit . Each Warrant will entitle the holder to acquire [...]
South Pacific Metals Corp. is pleased to announce receipt of multi-element rock chip assay results from samples of mineralized structures, at the Ontenu NE prospect within its Osena Project. The Project lies within a major NE-SW corridor known as the Kainantu Transfer Zone, which also hosts the large Kainantu Gold-Copper mine being mined by K92 Mining Ltd. Highlights from Ontenu NE latest rock chips Multi-element results [...]
South Pacific Metals Corp. is pleased to announce the commencement of its maiden drilling program at Ontenu Northeast prospect within its Osena project area, Papua New Guinea. The Project lies within a major NE-SW corridor known as the Kainantu Transfer Zone, which also hosts the large Kainantu Gold-Copper mine being mined by K92 Mining Ltd. The drilling will test whether the northwest trending mineralised structures [...]
South Pacific Metals Corp. the highest soil gold values reported on the Anga project to date. Two zones of high copper and silver in soil samples with peak results up to 3,397 ppm Cu and 2160 ppb Ag - within the broader gold in soil anomaly mentioned above. Panned concentrate samples from streams draining Golkona South contain up to 282 ppm Au, indicating a local source. The anomalous area is coincident with mobile MT [...]
South Pacific Metals Corp. is pleased to announce rock chip assay results from more new discoveries of mineralized structures, at the Ontenu NE prospect within its Osena Project. The Project lies within a major NE-SW corridor known as the Kainantu Transfer Zone, which also hosts the large Kainantu Gold-Copper mine being mined by K92 Mining Ltd. Highlights: More mineralised structures similar to, and south of, the newly [...]
South Pacific Metals Corp. is pleased to announce rock chip assay results from recently discovered mineralized zones, at surface, at the Ontenu NE prospect within its Osena Project. The Project lies within a major NE-SW corridor known as the Kainantu Transfer Zone, which also hosts the large Kainantu Gold-Copper mine being mined by K92 Mining Ltd. Highlights: A 1m-2m wide mineralised structure with sulphides and copper [...]
South Pacific Metals Corp. reports that the National Court Justice of Papua New Guinea has has upheld the interim injunction previously obtained by SPMC's wholly-owned subsidiary, Kainantu Resources Limited , in its proceedings against K92 Mining Limited and the Mineral Resources Authority in relation to Exploration Licence EL2558. Scope of the Injunction The injunction restrains K92 Mining and the MRA from actions that [...]
South Pacific Metals Corp. announces that its wholly-owned subsidiary, Kainantu Resources Limited, has obtained an interim injunction from the National Court of Justice of Papua New Guinea restraining K92 Mining Limited from interfering with or contravening Kainantu Resources' exclusive exploration rights within its EL 2558 exploration licence area, including: restraining K92 Mining from entering into or interfering with [...]
- Grants Options and RSUs - South Pacific Metals Corp. announces that it has engaged Triomphe Holdings Ltd. dba Capital Analytica to provide certain marketing services to the Company, and 45 Degrees, Inc. to provide certain advertising services to the Company. Pursuant to the agreement with Capital Analytica, Capital Analytica will provide a marketing support program, including, among other items, capital markets and [...]
South Pacific Metals Corp. is pleased to provide an update on the Ontenu Central Prospect that forms part of its Osena Project located adjacent to K92 Mining Ltd.'s gold-copper producing mine in the Kainantu District of Papua New Guinea. The Company is conducting a trenching, reconnaissance and soil sampling program, ahead of imminent drill rig arrival. Rig commissioning and drill pad construction are underway. Highlights [...]
South Pacific Metals Corp. is pleased to announce the appointment of Mr. Timo Jauristo as Chief Executive Officer of the Company, effective June 30, 2025. Mr. Jauristo brings more than four decades of leadership experience with an accomplished career covering global exploration, corporate development, and corporate strategy in the mining sector to South Pacific Metals. He previously served as Executive Vice President of [...]
South Pacific Metals Corp. announces that Ms. Cathy Fitzgerald will be stepping down as an officer and director of the Company, effective July 11, 2025. Cathy has played a pivotal role in the growth and strategic direction of South Pacific Metals. As President, her leadership and technical expertise have been instrumental in shaping the Company's exploration strategy and advancing its key projects. She has been a [...]
