The Board of Geopacific announced on Dec 1, that drilling is now underway to allow for the company to deliver a 1.2 million ounce gold reserve.
This is expected to make the project sufficiently viable to be attractive to project financiers.
Managing Director Ron Heeks says “the drill rigs have arrived on site to begin development drilling, as we initially indicated. Drilling begins at the Busai area, follows shortly after that at the Kulumadau area.”
