Key facts
| Company | South Pacific Metals (TSXV: SPMC) |
|---|---|
| Commodity | Gold |
| Location | Indonesia |
| Stage | Early exploration |
About 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.
News releases5 on file
South Pacific Metals Extends the Mineralized Structures at Megabe to More than 300 Metres of Confirmed Strike Length; Structures Open Along Strike and at Depth
Assay results from five drill holes (ONED26-010 to ONED26-014) at the 100%-owned Osena Project in Papua New Guinea traced the Megabe structures over more than 300 metres of confirmed strike, with all five holes intersecting mineralised structures and the structures remaining open along strike and at depth. ONED26-011 returned 5.1 m at 1.79 g/t AuEq from 313.3 m, including 3 m at 2.66 g/t AuEq, in
Drill results