South Pacific Metals
TSXV:SPMCSouth Pacific Metals Corp. (TSX.V: SPMC | OTCQB: SPMEF | FSE: 6J00) is an emerging gold-copper exploration company operating in Papua New Guinea’s proven gold and copper production corridors. With an expansive 3,000 km² land package and four transformative gold-copper projects contiguous with major producers K92 Mining, PanAust and neighbouring Barrick/Zijin, new leadership and experienced in-country teams are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio. A leader in community relations with extensive management, negotiation and mediation skills. A well-respected authority with considerable knowledge of community relations and a wealth of contacts throughout PNG At South Pacific Metals, we are dedicated to integrating the community and sustainable best practices into all aspects of our operations. As we work to fully realize the potential of our gold and copper projects in Papua New Gui
Projects
| Project | Commodity | Location | Stage |
|---|---|---|---|
Anga Project South Pacific’s Anga Project is located immediately northeast adjacent to K92’s operating Kainantu Gold Mine, known for its gold, copper and silver outputs. Comprised of 461 km² of exploration licenses in the highly mineralized and prospective Kainantu District, road accessibility significantly enhances logistical advantages for project development. Anga’s project boundary is only 4km from K92’s currentArakompa drill programcampaign and hosts potential for the possible extension of K92-style gold lode veins.Irinke Prospect exploration, highlighted by a newly identified sulfide-bearing shear zone exposed over 17 metres x 2 metres, was just completed with 237 soil and rock chip samples assays pending. | Gold | Papua New Guinea | Early exploration |
Kili Teke Project The Kili Teke Project consists of a 253 km2 exploration license (EL 2310), with road access to the tenement and nearby air field. It lies within the Western Highlands of Papua New Guinea within the world-class producing Papuan Fold Belt. It is only 40 km west of Barrick/Zijin’s Porgera Gold Mine, and only 20 km northwest of the Mt. Kare Gold Mine. | Gold | Australia | Early exploration |
May River | Gold | Papua New Guinea | Early exploration |
Osena Project South Pacific’s Osena Project, covering 738 km² of strategic ground, is located southwest adjacent to the Au-Cu-producing K92 Project in the mineral-rich Kainantu District. A major NE trending structural corridor known for high-grade Au-Cu-Ag veins is interpreted to extend into Osena’s land holdings.Focus prospects include Ontenu, a large-scale cluster of five intrusive Copper-Gold porphyry, vein and skarn complex extending over 5 km x 3 km. Recent results from Ontenu Central confirm gold-bearing breccias and include a 79 m trench averaging 0.75 g/t Au, including4 m at 4.52 g/t Auwith a high up to8.82 g/t Au. Historical rock samples targeted for follow-up include73 g/t Au, 960 g/t Ag, 3.17% Cu & 10.6% Zn(in different locations).More than half of the project tenure remains unexplored. | Gold | Indonesia | Early exploration |
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About South Pacific Metals
South Pacific Metals (TSXV: SPMC) is a gold-focused mineral exploration company with ground in Papua New Guinea, Australia, Indonesia.
The company holds 4 projects on file, at the early exploration stage.
2 financings are on record, totalling approximately C$29.2M, most recently in September 2026.
22 press releases are tracked here, 5 of them financing-related, with the most recent dated Sep 23, 2026.
South Pacific Metals Corp. (TSX.V: SPMC | OTCQB: SPMEF | FSE: 6J00) is an emerging gold-copper exploration company operating in Papua New Guinea’s proven gold and copper production corridors. With an expansive 3,000 km² land package and four transformative gold-copper projects contiguous with major producers K92 Mining, PanAust and neighbouring Barrick/Zijin, new leadership and experienced in-country teams are prioritizing thoughtful and rigorous technical programs focused on boots-on-the-ground exploration to prioritize discovery across its portfolio. A leader in community relations with extensive management, negotiation and mediation skills. A well-respected authority with considerable knowledge of community relations and a wealth of contacts throughout PNG At South Pacific Metals, we are dedicated to integrating the community and sustainable best practices into all aspects of our operations. As we work to fully realize the potential of our gold and copper projects in Papua New Gui
Key facts
| Listing | TSXV: SPMC |
|---|---|
| Market capitalisation | C$68.6M |
| Shares outstanding | 94.0M |
| Projects on file | 4 |
| Commodities | Gold |
| Jurisdictions | Papua New Guinea · Australia · Indonesia |
| Financings on record | 2 |
| Insider trades (30 days) | 0 buys, 0 sells on the open market · last filing 2026-09-23 |
Projects
| Project | Commodity | Location | Stage |
|---|---|---|---|
| Anga Project | Gold | Papua New Guinea | Early exploration |
| Kili Teke Project | Gold | Australia | Early exploration |
| May River | Gold | Papua New Guinea | Early exploration |
| Osena Project | Gold | Indonesia | Early exploration |
Financing history
| Announced | Type | Amount | Warrants |
|---|---|---|---|
| Sep 23, 2026 | Private placement | C$20.0M | Yes |
| Dec 8, 2025 | Private placement | C$9.2M | Yes |
Warrants attached to past raises are future dilution at a fixed price. The Warrant Overhang Radar tracks the resulting overhang, and the Dilution Tracker shows how the share count has grown.
Recent news releases
- Sep 23, 2026South Pacific Metals Announces Closing of C$20 Million Marketed Equity Offering
- Aug 31, 2026South Pacific Metals Returns up to 12.8% Copper from Outcrop Outside the Kili Teke Resource; Massive Sulphide Traced over 200 Metres
- Aug 24, 2026South Pacific Metals Extends the Mineralized Structures at Megabe to More than 300 Metres of Confirmed Strike Length; Structures Open Along Strike and at Depth
- Jul 29, 2026South Pacific Metals Targets Exploration Upside Outside the 4.2 Moz AuEq (3.14B lbs. CuEq) Inferred Resource at Kili Teke; First Rock Samples Dispatched
- Jul 6, 2026South Pacific Intersects 5 Metres At 1284 Gt Aueq Including 2 Metres At 2806 Gt Aueq And 122 Metres At 624 Gt Aueq Including 2 Metres At 1665 Gt Aueq In Three Mineralised Zones Within One Drill Hole At Recently Discovered Structure At Ontenu 2026 07 14 04 33 15
- Jul 6, 2026South Pacific Intersects 5 Metres at 12.84 g/t AuEq (Including 2 Metres at 28.06 g/t AuEq) and 12.2 Metres at 6.24 g/t AuEq (Including 2 Metres at 16.65 g/t AuEq) in Three Mineralised Zones Within One Drill Hole at Recently Discovered Structure at Ontenu
- Jun 25, 2026South Pacific Metals Commences Exploration at the Kili Teke Copper-Gold Project, Papua New Guinea – Host to a 4.2Moz Gold-Equivalent NI 43-101 Inferred Resource
- Jun 16, 2026South Pacific Metals Intersects 12 m at 3.1 g/t Gold, including 1 m at 18.1 g/t Gold, at New Megabe Target, Ontenu NE; Provides Corporate Update Across Its Multi-Asset PNG Gold-Copper Portfolio
- Jun 8, 2026South Pacific Metals Engages Marketing Services And Grants Stock Options
- May 20, 2026South Pacific Metals Corp. Drills 92 m of Mineralisation at Ontenu NE; Peak Intercepts Return 9.92 g/t Gold and 2.35% Copper