TSX.V SPMC:
0.57
OTCQB SPMEF:
0.39
FSE 6J00:
0.37
Gold:
2,758.70
Copper: 
4.34
TSX.V SPMC:
0.57
OTCQB SPMEF:
0.39

Osena Project

Priority Gold-Copper Project in the World-Class Kainantu Mineral District

MULTIPLE Au-Cu OCCURENCES DEFINE MINERALIZED CORRIDOR

Overview

Project

Osena – Gold & Copper

Land Package

738 km²

Proximity

K92 – Kainantu Gold Mine

Stage

Exploration 

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, including 4 m at 4.52 g/t Au with a high up to 8.82 g/t Au. Historical rock samples targeted for follow-up include 73 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. 

Key Project Highlights

Strategic Location

738 km² land package adjacent to the Au-Cu-producing K92 Project in the Kainantu District, featuring a major NE structural corridor hosting high-grade Au-Cu-Ag veins

Rich Geological Corridor

This corridor includes over 15 porphyry, skarn, and epithermal occurrences, with multiple mineralized NE structural zones extending across a 50×30 km district

Focus Prospects and Potential

Priority prospects include Ontenu and Tirokave, with numerous additional targets identified across a distance of more than 45 km

Osena hosts more than 15 Au-Cu porphyry, epithermal, breccia and skarn occurrences with numerous targets across a distance of more than 45 km. Ontenu and Tirokave prospects are characterized by large mineralization and alteration footprints with coincident geophysical and topographic anomalies in complex structural settings. Exploration program currently being prepped.

Ontenu Prospect

Ontenu represents a large-scale, multi-intrusive Copper-Gold porphyry, vein and skarn complex extending over 5 km x 3 km, with a cluster of five highly-prospective geophysical targets with correlating surface Cu-Au anomalies.

Ontenu Central: Classically zoned porphyry system with widespread propylitic to advanced argillic (with narrow structural zones of potassic alteration associated with hydrothermal breccias and bornite (copper sulphides)). This is suggestive that Ontenu is at the top of a preserved major porphyry system with a large Cu-Au porphyry target at depth (approximately 250 m below surface):

  • Trench 1 mineralization occurs across the entire 79 m trench –  and is expected to extend to the east and west over more than 200 m width
  • Trench 1 returned significant results –  including a peak trench rock sample value of 8.82 g/t Au, 13.8 g/t Ag, 0.25% Cu, 580 ppm Mo, 0.93% Zn
    • 79 m averaging 0.75 g/t Au, 981 ppm Cu, 1.73 g/t Ag, 1877 ppm Zn, including:
      • 16 m averaging 1.25 g/t Au, 0.15% Cu, 0.18% Zn
      • 4 m averaging 4.52 g/t Au, 0.13% Cu, 0.23% Zn
  • Associated with historic surface assays up to 73 g/t Au, 960 g/t Ag, 3.17% Cu & 10.6% Zn 

Ontenu Northeast: Visible gold identified in stream sampling from 1985, draining this topographic high that is also a coincident apparent conductivity-magnetic geophysical anomaly. Historic work by RGC identified phyllic and propylitic alteration proximal to this feature and completed limited soil sampling returning anomalous Au and Cu. They interpreted the area to be prospective for lode-gold type mineralization (they were pursuing bulk-style gold only). This is a top-priority prospect.

Tirokave Prospect

  • Shows extensive evidence that the broad 6×3 km Au-Cu mineralized footprint represents a high-level part of a buried copper porphyry intrusive
  • Gold mineralized stockworks and hornfels have been identified, with one float sample (with an interpreted proximal source) returning 40 g/t Au and multiple high-grade trenches

Strong evidence of potentially mineralized NE structural zones covers a broad 50×30 km district. The property hosts multiple, large Au-Cu mineralization and alteration anomalies (up to 6×3 km) associated with the intrusion of the Elandora Porphyry (a known mineralizing intrusive regionally).