Reverse Circulation (RC) Rig

Gold project ahead of schedule

Managing Director, Ron Heeks, said it was their intention to have three rigs up and running before Christmas and they have achieved this.

The third drill rig, a Reverse Circulation (RC) Rig, began drilling at the Kulamadau area, and joins two diamond rigs that have been drilling for two weeks.

Geopacific Resources says the Kulumadau area has 8.6 million tons of inferred mineralization, which contains 375,000 ounces of gold, available for conversion into Measured and Indicated categories.