Great Pacific Gold Corp

Golden Mountain

Golden Mountain

Exploration Licence (EL6430) granted on 8th May 2018 for 5 years, currently covers 102 km² of the under-explored northern end of the Walhalla Gold Belt. The licence period has recently been extended for a further 5 years to 2028.

Targeting at Golden Mountain has been to assess multiple styles of gold mineralisation that are spatially correlated, providing significant upside to the exploration strategy.

Drilling at Golden Mountain has successfully identified:

Golden Mountain – 'Dig Fault' Zone

Drill intercepts demonstrate:

Several other ‘Dig’ like fault zones occur in the immediate area, such as at Wolfe’s and Faulk’s historic open cuts, east of Golden Mountain that remain largely untested and for which recent drill permits have been approved.

HoleID East North Azimuth (deg.) Dip (deg.) From (m) To (m) Downhole
Interval (m)
Au g/t Cut-off
Au g/t
22GMRC12
400269
5912049
90
-55
2.0
79.0
77.0
1.14
0.5
GMDH26
400313
5911912
227
-60
91.8
97.6
5.8
18.14
0.5
GMDH28
400320
5911926
227
-60
118.6
158.1
39.5
7.25
0.5
GMDH30
400302
5912018
192
-50
59.0
86.6
27.6
6.66
0.5
GMDH31
400320
5911926
281
-70
185.0
214.0
29.0
2.21
0.5
GMDH32
54.0
115.0
60.8
2.50
0.5
GMDH34
400314
5911913
271
-60
97.0
120.0
23.0
3.06
0.5
GMDH35
400309
5911980
268
-70
68.0
115.0
47.0
2.67
0.5
GMDH36
400295
5912018
202
-47.1
58.5
66.8
8.3
6.91
0.5
GMDH36
including
58.5
60.2
1.7
30.72
3.0
GMDH36
400295
5912018
202
-47.1
75.0
103.0
28.0
3.02
0.5
GMDH36
400295
5912018
202
-47.1
138.0
166.0
28.0
10.17
0.5
GMDH36
including
139.0
152.0
13.0
17.45
3.0
GMDH36
and
155.0
166.0
11.0
4.84
3.0
GMDH37
400315
5911920
270
-70
153.7
195.0
41.3
2.36
0.5
GMDH43
400320
5911927
280
-75
205.0
241.2
36.2
1.90
0.5
GMDH43
including
225.7
241.2
15.5
3.47
0.5
GMDH45
400335
5911984
270
-77
210.0
266.8
55.1
3.06
0.5
GMDH45
including
219.1
235.0
15.9
6.93
2.0
GMDH50
400338
5911945
270
-68
212.0
241.0
29.0
2.46
0.5
GMDH50
including
224.0
239.0
15.0
3.89
2.0

Table 1 – Highly Significant Golden Mountain drilling intercepts

Figure 2- Golden Mountain Longitudinal section of the ”Dig Fault” zone

Golden Mountain - 'Granite' Contact

Figure 3 – Golden Mountain Granite Contact Zone Plan
Figure 4 – Golden Mountain Granite Contact Zone – E-W Section

Golden Mountain - 'Granite' Contact

Multiple regional prospects covered by EL6430 and adjoining EL7308:

Figure 5 – Golden Mountain Tenement Map
Figure 6 - Golden Mountain GMDH28 drill core and assays
Figure 7 – Golden Mountain drill core ER07 (CRAE drilling)

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