Great Pacific Gold Sells Reedy Creek to Zincore

Fosterville South Exploration (TSE:GPAC) has released an update.

Great Pacific Gold Corp. has entered into an agreement to sell its Reedy Creek and Providence tenements in Victoria, Australia, to Zincore Metals Corp. for a combination of cash payments totaling $4 million and 6 million shares of Zincore. This strategic divestiture aligns with the company’s focus on its core projects in Papua New Guinea and provides a non-dilutive cash infusion for future exploration programs.

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