Great Pacific Gold Provides Wild Dog Drilling Update:
TSX-V: GPAC OTCQX: GPGCF GER: 0B3
www.gpacgold.com | 1
Great Pacific Gold Provides Wild Dog Drilling Update:
Kavasuki KVH-03 Completed Following Up KVH-01 58.9 m @ 2.50 g/t AuEq;
Kasie Ridge Drilling Intersects Hydrothermal Veining with Visible Chalcopyrite
(2.50 g/t AuEq = 2.43 g/t Au, 2.75 g/t Ag, 0.02% Cu – see notes at end of release)
March 11, 2026 – Vancouver, BC, Canada – Great Pacific Gold Corp. ("Great Pacific Gold," "GPAC," or the
"Company") (TSXV: GPAC | OTCQX: GPGCF | Germany: 0B3) is pleased to provide an update on ongoing
exploration drilling from its Wild Dog Project, located in East New Britain Province, Papua New Guinea.
Two drill rigs are currently active at Wild Dog. Drilling continues at the Kavasuki epithermal gold vein
system, while a second rig is conducting the first-ever drill test of the Kasie Ridge copper-gold target along
the 15 km Wild Dog Structural Corridor (Figure 1).
Kavasuki Highlights:
• KVH-01 intersected 58.9 metres @ 2.50 g/t AuEq from 38.6m (2.43 g/t Au, 2.75 g/t Ag, 0.02% Cu),
o including 4.6 metres @ 8.56 g/t AuEq from 49.0 m (8.24 g/t Au, 10.19 g/t Ag, 0.13% Cu)
• And 18.1 metres @ 2.14 g/t AuEq from 100.6 m (2.08 g/t Au, 1.60 g/t Ag, 0.03% Cu)
(See news release March 3, 2026, for more information)
• KVH-03 completed and intersected strong silica flooding and multi -phase quartz veining from
approximately 5 m to 51 m downhole
Kasie Ridge Highlights:
• KAS-01 drilling has intersected hydrothermally altered bedrock beneath the advanced argillic
lithocap
• Strong propylitic alteration with visible chalcopyrite and hydrothermal veining encountered from
approximately 50 m depth
• Portable XRF readings support visual identification of chalcopyrite within vein material (laboratory
assays pending)
“Drilling continues to advance at Kavasuki following the strong initial result from KVH-01, which returned
58.9 metres at 2.5 g/t AuEq near surface,” said Callum Spink, Vice President Exploration. “Drill hole KVH -
03 has now been completed, and geological logging confirms strong silica flooding and multi-phase quartz
veining consistent with the mineralized system we are targeting. With this hole complete, drilling has now
progressed to KVH-04 as we continue testing the geometry and continuity of the Kavasuki vein system.
At the same time, our first drill hole at Kasie Ridge has now penetrated beneath the advanced argillic
lithocap and intersected strong propylitic alteration with visible chalcopyrite. While still very early in the
hole, observations to date indicate hydrothermal alteration beneath the lithocap which is considered
encouraging in the context of the Company’s exploration model. We are excited to continue advancing this
hole to depth to properly test the target, and we look forward to providing further updates as drilling
progresses and assays are received.”
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The Wild Dog Project hosts a 15 -kilometre-long structurally controlled mineral corridor containing
multiple epithermal gold targets and porphyry copper-gold potential identified through recent MobileMT
geophysical surveys.
The corridor contains the Sinivit –Kavasuki vein system and multiple advanced targets including Kasie
Ridge, which are now being systematically drill tested as part of the Company’s 2026 exploration program.
Figure 1: Wild Dog Structural Corridor showing the pipeline of epithermal targets defined from
historical and recent work. Long section looking west highlights the approximately 3 km strike extent of
the Sinivit–Kavasuki area within the broader 15 km corridor.
Kavasuki Drilling Update
The Kavasuki vein system extends over approximately 900 metres of strike length and forms part of the
broader Sinivit –Kavasuki mineralized corridor, which represents roughly 3 km of the 15 km Wild Dog
Structural Corridor. Three diamond drill holes have been completed, with a fourth hole underway (Figures
2 and 3).
The Company recently reported strong initial results from drill hole KVH-01 which returned:
• 58.9 metres @ 2.50 g/t AuEq from 38.6m (2.43 g/t Au, 2.75 g/t Ag, 0.02% Cu), including
o 4.6 metres @ 8.56 g/t AuEq from 49.0 m (8.24 g/t Au, 10.19 g/t Ag, 0.13% Cu).
• And 18.1 metres @ 2.14 g/t AuEq from 100.6 m (2.08 g/t Au, 1.60 g/t Ag, 0.03% Cu).
See the Company news release dated March 3, 2026, for details.
Mineralization is hosted within multi -phase hydrothermal quartz breccia containing sulphid es including
pyrite, chalcopyrite and minor bornite, consistent with a structurally controlled epithermal vein system.
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Figure 2: Long section looking west along Kavasuki illustrating historic drill intercepts, trench results and
gram–metre AuEq distribution. Mineralization defines a structurally controlled epithermal vein system
extending over approximately 900 m.
Figure 3: Cross section (+/-25 m looking NE) of the Kavasuki vein system showing recent drilling (KVH-01
to KVH-03) and planned follow-up drill holes designed to test the interpreted west-dipping structure and
evaluate continuity of mineralization within the broader Sinivit–Kavasuki corridor.
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Drill hole KVH-03 has now been completed, with geological logging identifying strong silica flooding and
multi-phase quartz veining from approximately 5 m to 51 m downhole. Detailed logging and sampling
are currently underway (Figures 4 and 5).
KVH-03 was designed to test the west-dipping structural interpretation of the Kavasuki vein system
following structural measurements obtained from earlier drilling. Drill targeting will continue to be
refined as geological information from the current program is integrated.
Drilling has now progressed to KVH-04, which is being drilled from the same pad and designed to test
beneath the KVH-03 intercept. The close spacing of these holes is intended to better constrain the
structural controls on mineralization, evaluate short-range grade and structural continuity within the
vein system, and assess potential grade variability commonly observed in epithermal gold systems.
Figure 4: Drill core from the Kavasuki hole KVH-03 (24.2-27.8 m) showing intense silica flooding and
multi-phase quartz veining within hydrothermally altered host rock.
Figure 5: Drill core from the Kavasuki hole KVH-03 (39.7-42.8 m) showing intense silica flooding and
multi-phase quartz veining within hydrothermally altered host rock.
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Kasie Ridge – First Drill Test Beneath Lithocap
The Company is providing an initial update from the first drill hole currently underway at the Kasie Ridge
target within the Wild Dog Project.
The first hole, KAS -01, has now penetrated through the upper clay -dominant portion of the advanced
argillic lithocap. Geological logging to date indicates propylitic alteration characterised by chlorite, epidote
and magnetite, with narrow epidote–quartz veinlets observed within volcanic host rocks.
Localized visible chalcopyrite has been observed during preliminary core logging ( Figures 6 and 7 ).
Portable XRF measurements support the visual identification of copper-bearing sulphides; however, these
readings are preliminary field -screening data only and are not a substitute for laboratory geochemical
assays. No quantitative copper grades are being reported from portable XRF data.
These early observations indicate hydrothermal alteration beneath the lithocap and are considered
encouraging in the context of the Company’s exploration model.
Drilling of hole KAS -01 remains ongoing , and geological logging and sampling will continue as the hole
advances. Further updates will be provided once the hole is completed and laboratory analytical results
are received.
Figure 6: Drill core from the Kasie Ridge drill hole showing strongly propylitic -altered volcanic host rock
characterised by chlorite–epidote alteration and cross-cutting epidote-quartz veinlets.
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Figure 7: Propylitic-altered volcanic host rock from the Kasie Ridge drill hole showing epidote–
carbonate-quartz stockwork veining with epidote selvages from 50-56 m.
On behalf of Great Pacific Gold:
Greg McCunn
Chief Executive Officer and Director
For further information, visit gpacgold.com or contact:
Investor Relations
Phone +1-778-262-2331
Email: [email protected]
Table 1: Kavasuki Drill Hole Details (PNG94 UTM Zone 56 coordinates).
Hole ID Easting Northing RL Dip Azi Max
Depth
(m)
Status
KVH-01 395247.0 9490693.0 842 -55 304 159 Complete
KVH-02 395248.0 9490692.0 842 -71 304 165 Complete
KVH-03 395178.0 9490701.0 803 -53 100 113.7 Complete
KVH-04 395179.4 9490700.5 803 -72 100 TBD In Progress
Table 2: Kasie Ridge Drill Hole Details (PNG94 UTM Zone 56 coordinates).
Hole ID Easting Northing RL Dip Azi Max
Depth
(m)
Status
KAS-01 396599.6 9493496.5 595 -69 176 TBD Drilling
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Table 3: Kavasuki Drill Hole Key Assay Results
Hole ID From
(m)
To
(m)
Interval1
(m)
Gold
(g/t)
Silver
(g/t)
Copper
(%)
Gold Eq.2
(g/t)
KVH-01 38.60 97.50 58.9 2.43 2.75 0.02 2.50
Including 49.00 53.60 4.60 8.24 10.19 0.13 8.56
KVH-01 100.60 118.70 18.1 2.08 1.60 0.03 2.14
Notes:
1. Drill highlights presented above are core lengths (true widths are not known at this time).
2. Gold equivalent (AuEq) exploration results are calculated using longer-term commodity prices
with a copper price of US$4.50/lb, a silver price of US$27.50/oz and a gold price of US$2,000/oz.
No metallurgical testing has been carried out on Wild Dog mineralized samples. For AuEq
calculations, recovery assumptions of Au 92.6%, Ag 78.0%, and Cu 94.0% were used based on K92
Mining’s stated recovery results in an Updated Definitive Feasibility Study for the Kainantu mine.
Qualified Person
The technical content of this news release has been reviewed, verified and approved by Callum Spink, the
Company’s Vice President, Exploration, who is a member of the Australian Institute of Geoscientists,
MAIG, and a Qualified Person as defined by National Instrument 43 -101 Standards of Disclosure for
Mineral Projects. Mr. Spink is responsible for the technical content of this news release. Mr. Spink is not
independent of the Company.
Quality Assurance / Quality Control (QAQC)
The Company follows industry -standard Quality Assurance and Quality Control (QA/QC) procedures.
Diamond drill core (HQ and PQ diameter) was sawn in half, with one -half submitted to Intertek Minerals
Ltd. in Lae, Papua New Guinea, an ISO 9001- certified independent analytical laboratory with
internationally recognized quality standards.
Gold analyses were completed by fire assay, with copper and silver initially determined by aqua regia
digestion and atomic absorption and subsequently updated using four -acid digestion (MS48) multi -
element analysis.
Certified reference materials (standards) and blanks were inserted into the sample stream at industry -
standard frequencies, including routine insertion of blanks following minerali zed intervals. All assay
batches received to date have passed QA/QC review and fall within acceptable tolerance limits.
Core recoveries were within acceptable ranges, and sampling procedures were carefully managed in areas
of variable ground conditions.
About Great Pacific Gold
Great Pacific Gold’s vision is to become the leading gold -copper development company in Papua New
Guinea ("PNG"). The Company has a portfolio of exploration-stage projects in PNG, as follows:
• Wild Dog Project: the Company’s flagship project is located in the East New Britain Province of
PNG. The project consists of a large -scale epithermal target, the Wild Dog structural corridor,
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stretching 15 km in strike length, with geophysical data suggesting significant depth extent. The
survey also highlighted the Magiabe porphyry target, adjacent to the epithermal target and
potentially 1,000 metres in diameter and over 2,000 metres deep. Drilling of the epithermal
structure on the Sinivit target has yielded high-grade results, including WDG-08 which intercepted
8.4 metres at 50 g/t AuEq from 154 metres. The current drilling program will extend into 2026
with the second drill rig now operational.
• Kesar Project: located in the Eastern Highlands Province of PNG and contiguous with the mine
tenements of K92 Mining Inc. ("K92"), the Kesar Project is a greenfield exploration project with
several high -priority targets in close proximity to the property boundary with K92. Multiple
epithermal veins at Kesar are on strike and have the same orientation as key K92 deposits, such
as Kora. Exploration work to date by the Company at the Kesar Project has shown that these veins
have high grades of gold present in outcrop and very elevated gold in soil grades, coincident with
aeromagnetic highs. The Company conducted a diamond drill program on key target areas at the
Kesar Project from November 2024 to May 2025 and have developed a follow-up Phase 2 program
for 2026.
• Arau Project: also located in the Eastern Highlands Province of PNG, the Arau Project is south of
and contiguous to the mine tenements of K92. Arau contains the highly prospective Mt. Victor
exploration target with potential for a high sulph idation epithermal gold- base metal deposit. A
Phase 1 Reverse Circulation drilling program was completed at Mt. Victor in August 2024, with
encouraging results. The Arau Project includes the Elandora licence, which also contains various
epithermal and copper-gold porphyry targets.
The Company also holds the Tinga Valley Project in PNG.
Forward-Looking Statements
Information set forth in this news release contains forward- looking statements that are based on
assumptions as of the date of this news release. These statements reflect management's current
estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Great
Pacific Gold cautions that all forward- looking statements are inherently uncertain and that actual
performance may be affected by many material factors, most of which are beyond their respective control.
Such factors include, among other things: risks and uncertainties relating to Great Pacific Gold's limited
operating history, its exploration and development activities on its mineral properties and the need to
comply with environmental and governmental regulations. Accordingly, actual and future events,
conditions and results may differ materially from the estimates, beliefs, intentions and expectations
expressed or implied in the forward- looking information. Except as required under applicable securities
legislation, Great Pacific Gold does not undertake to publicly update or revise forward-looking information.
Mineralization at the properties held by K92 Mining Inc. and at the Wafi -Golpu deposit is not necessarily
indicative of mineralization at the Wild Dog Project.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.