South Pacific Metals Corp.
Four gold-copper projects across three prolific PNG mining districts, including a 4.2 Moz AuEq* inferred resource at Kili Teke and active drilling beside K92 Mining’s Kainantu mine.
Who we are
South Pacific Metals is exploring a multi-asset gold-copper portfolio in Papua New Guinea, with four projects bordering or within kilometres of world-class, high-margin mines and deposits.
The Company is drilling high-grade, K92-style systems at Osena while advancing a defined resource at Kili Teke, with a tight share structure, an institutional register, financing through 2027 and a team that has discovered and built mines before.
About the Company237 Mt grading 0.34% Cu, 0.24 g/t Au and 168 ppm Mo (Containing ~ 802 kt Cu, 1.81 Moz Au and 40 kt Mo) Effective November 18, 2022
Priority exploration area outside the current resource envelope
Substantial high-grade mineralised land package surrounding K92 (Osena & Anga)
Osena Project - Ontenu Prospective Area
Closed September 2026 | Advancing exploration programs across the portfolio
94M shares | 45% insider & core shareholders | 14 Institutions
Proven Track Record with Leading Mining Issuers
Including Torex Gold, Prime Mining & Millennial Lithium
South Pacific Metals in numbers
4.2Moz
AuEq inferred at Kili Teke*
4
Projects in three PNG districts
300m+
Confirmed strike at Megabe
C$20M
Raised Sept 2026, funded through 2027
Where we operate
Project locations approximate.
Kainantu District
738 km² bordering the southwest of K92 Mining’s Kainantu mine. Megabe, a first-hole discovery at Ontenu, is now confirmed over more than 300 m of strike, open along strike and at depth.
Investment case
Osena and Anga are located in the Kainantu district, southwest and northeast, respectively, of K92 Mining’s Kainantu operations.
Target selection integrates geological mapping, geochemistry and geophysics before drill testing.
Each exploration phase is designed using results from the preceding phase.
237 Mt grading 0.34% Cu, 0.24 g/t Au and 168 ppm Mo. Effective November 18, 2022.
SPMC’s portfolio is located in regions that also host significant third-party gold and copper mines and deposits.
Management and technical personnel bring experience from mining and exploration programs in Papua New Guinea and internationally.
Multiple Tier 1 Projects.
Drilling Now. Catalysts Ahead.
Drilling now at Osena
12.46g/t Au
over 5 m, including 2 m @ 27.45 g/t Au, in hole ONED26-009 at Megabe
Megabe was a first-hole discovery between the Jorkol and Onki structures at Ontenu, on the same Kainantu Transfer Zone that hosts K92 Mining’s operation. In roughly ten weeks it went from first discovery to a mapped structure over 300 m long, open along strike and at depth.
Intervals are downhole (core) lengths; true widths are preliminary and subject to confirmation. No mineral resource has been estimated at Ontenu.
Why Papua New Guinea
PNG hosts some of the largest, highest-margin mines on the planet, yet remains dramatically under-explored.
The Ontenu clan has written to South Pacific Metals recognising the Company as a new clan within the local community, a marker of early local partnership at Ontenu Central.
Jurisdiction
Mining law modelled on Australian law, within a Westminster parliamentary system of government.
Jurisdiction
Barrick at Porgera, Newmont at Lihir, Harmony and Newmont at Wafi-Golpu, PanAust at Frieda River.
Jurisdiction
Decades of combined PNG operating experience, with tenure already defended through PNG’s courts and regulator.
Community
Investing in local communities, fostering economic development and respecting cultural diversity.
Community
Operational contacts with PNG authorities, defence and police to support safe field operations.
Community
Established in-country partners manage permitting, logistics and landowner engagement.
Operating and investing in PNG
Discovery Upside. Defined Ounces.
A Re-Rating Jurisdiction.
Investors
Capital structure as at Sept 30, 2026
Join the investor list for drill results and news releases from Osena, Kili Teke, Anga and May River, or speak with the Company directly.
