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Great Pacific Gold Appoints Callum Spink as Vice President, Exploration

Management Changes

Great Pacific Gold Appoints Callum Spink as Vice President, Exploration

VANCOUVER, British Columbia, Oct. 29, 2024 -- Great Pacific Gold Corp. ("Great Pacific Gold,” “GPAC,” or the "Company")

(TSXV: GPAC) (OTCQX: FSXLF) (Germany: V3H) has recently commenced a 5,000 meter diamond drill program at the

Company’s Kesar Project in Papua New Guinea, near the border with K92 Mining’s Kainantu mine concessions. The

Company also recently announced that preparations have begun for a 2025 field program at its Wild Dog Project in East New

Britain Province, PNG.

With exploration activity at the Company focused at Kesar and Wild Dog in Papua New Guinea, the Company is pleased to

announce the appointment of Mr. Callum Spink as Vice President, Exploration.

Mr. Spink brings 15 years of dedicated expertise in mining, exploration, and resource development, marked by a record of

success across complex geological terrains, particularly in Papua New Guinea. Mr. Spink has excelled in high-level

exploration roles, including in his recent position as Senior Exploration Geologist at Porgera, Papua New Guinea for Barrick

Gold. His previous experience spans Superintendent and Principal Geologist roles with companies like Newcrest (Lihir),

Northern Star Resources and Pacgold, underscoring his ability to drive strategic project generation and deliver sustainable

value through rigorous geological assessment.

Mr. Spink specialises in project management, 3D modelling, and advanced geostatistical analysis, bringing a refined skill set

in subsurface interpretation, drill program design, and high-priority target identification. His geological exploration expertise has

enabled him to lead complex exploration programs from inception through to discovery. Mr. Spink leverages his technical

proficiencies and strategic vision to drive discovery and optimise resource growth, ensuring impactful exploration outcomes

and shareholder value creation.

“Attracting someone of Callum’s caliber to the team is a testament to the quality of our assets, particularly Kesar and Wild

Dog,” stated Greg McCunn, CEO of Great Pacific Gold . “His extensive experience in PNG including recently as Senior

Exploration Geologist at Porgera and at Lihir will be invaluable as we unlock shareholder value with our 5,000 meter diamond

drill program that is currently underway at Kesar, and with our plans for Wild Dog for 2025.”

Mr. Spink will oversee all the Company’s exploration programs in both Papua New Guinea and Victoria, Australia. He will be

instrumental in setting the Wild Dog exploration program for 2025 over a transition period in November and December. He will

start full-time in the Vice President, Exploration role on January 1, 2025.

Mr. Spink holds a Bachelor of Applied Science in Geology and a Master in Business Administration (MBA).

Other Management and Board Changes

The Company also announces the resignation of Neil (Rex) Motton, Chief Operating Officer and Director, effective immediately.

Mr. Motton has overseen the exploration program and land acquisition program for the Company in Victoria, Australia since

the Company’s inception as Fosterville South in 2020.  

Liza Gazis, Project Administrator Australia and Director, has also resigned, effective immediately.

Great Pacific Gold Board Chair, Charles Hethey stated: “On behalf of the Board of Directors, I would like to thank Rex and

Liza for their efforts to build an exploration portfolio in Victoria, Australia. With the Company shifting its focus to Papua New

Guinea, we wish Rex and Liza well in their future endeavours.”

On behalf of Great Pacific Gold:

Greg McCunn

Chief Executive Officer and Director

Direct: (604) 229-9445

Toll Free: 1 (833) 923-3334

For further information visit gpacgold.com or contact:

Investor Relations

Email: [email protected]

About Great Pacific Gold

Great Pacific Gold has a portfolio of exploration stage projects in Papua New Guinea (“PNG”) and Australia. The Company is

focused on developing gold-copper resources from its highly prospective land packages. Its core projects include:

• Kesar – located in the Eastern Highlands province of PNG and contiguous with K92 Mining’s mine tenements, Kesar 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 of key K92 deposits such as Kora.

Exploration work to date by GPAC at Kesar has shown that these veins have high grades of gold present in outcrop and

very elevated gold in soil grades, coincident with aeromagnetic highs.

• Arau – located in Eastern Highlands province of PNG, the Arau Project contains the highly prospective Mt. Victor

exploration target with potential for a high sulphidation epithermal gold-base metal deposit. A Phase 1 Reverse

Circulation drilling program was completed at Mt. Victor in August 2024, with results pending. The Arau project includes

the Elandora licence which also contains various epithermal and copper-gold porphyry targets.

• Wild Dog – located in the East New Britain province of PNG, Wild Dog is a brownfield exploration project with a history

of small-scale gold mining. The project contains numerous epithermal and porphyry hydrothermal-magmatic targets

evidenced by previous exploration and operations. The Company completed a road refurbishment in August 2024 and

access to the project has been established for baseline environmental and exploration work.

• Lauriston – located in the state of Victoria, Australia, the Lauriston project is located on the southern extension of the

Fosterville Goldfield Belt and is adjacent to Agnico Eagle’s extensive Fosterville tenements and mine operations.

Lauriston contains the Comet-Trojan target, a 4.5km long epizonal orogenic system. The discovery hole at Comet

intersected 8m at 105 g/t gold and a follow-up drilling program was completed in Q3 2024. The Company is

consolidating its information on the Lauriston project and expects to publish an NI 43-101 compliant technical report.

• Walhalla – located in the state of Victoria, Australia, the Walhalla project consists of over 1,400km 2 of concessions

including the numerous historical mining operations and the recently acquired Woods Point land package. The

Company is consolidating its information on the Walhalla project and expects to publish an NI 43-101 compliant

technical report. Walhalla contains a high-priority greenfield target called Pinnacles. Extensive soil geochemistry has

highlighted a 400m x 1,100m gold mineralized aplitic dyke which contains disseminated sulphides and outcrops at

surface. The Pinnacles target is fully permitted and ready for drilling.

The Company also holds a number of other exploration projects including the recently acquired Tinga Valley Project.

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, many 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.

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.