TSX.V SPMC:
0.60
OTCQB SPMEF:
0.44
FSE 6J00:
0.41
Gold:
2,625.70
Copper: 
4.25
TSX.V SPMC:
0.60
OTCQB SPMEF:
0.44

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

626 km²

Proximity

K92 – Kainantu Gold Mine

Stage

Exploration 

South Pacific’s Osena Project, covering 626 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, multi-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 79 m averaging 0.75 g/t Au, including 4 m at 4.52 g/t Au and individual samples 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. 

Overview

Project

Gold & Copper

Land Package

626 km²

Proximity

K92 – Kainantu Gold Mine

Stage

Exploration

South Pacific’s Osena Project, covering 626 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. Priority prospects, Ontenu and Tirokave, are just 14 km apart, and more than half of the project tenure remains unexplored. Additional surface sampling and exploration drilling is planned for 2024.

MULTIPLE Au-Cu OCCURENCES DEFINE MINERALIZED CORRIDOR

Key Project Highlights

Strategic Location

626 km² of licenses 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. Additional exploration is planned for 2024.

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 highly-prospective geophysical targets with correlating surface Cu-Au anomalies. 

  • 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
  • Regional rock samples – returned up to 2.69 g/t Au, 71.3 g/t Ag, 0.26% Cu, 5.3% Zn
  • Historical surface rock resultswith consistent and spatially coherent high grades, have shown up to 1.55 g/t Au, 0.39% Cu. Limited testing by historical drilling (4 holes), one of which completed in the 1980’s (150.5m), returned 100 m of 0.1% Cu and 0.32 g/t Au near surface – warrants further exploration / drill testing

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).