South Pacific Metals Corp. is embarking on a significant exploration program across its expansive 3,100 square kilometer portfolio of four gold-copper projects in Papua New Guinea. This ambitious undertaking follows the successful completion of a C$6.3 million financing, providing the company with the necessary capital to aggressively pursue its exploration objectives.

The 2025 exploration campaign will encompass systematic sampling, trenching, and drilling across SPMC’s four key projects: May River, Osena, Anga, and Kili Teke. These activities are designed to build upon existing geological data, refine high-priority targets identified in previous work, and ultimately advance the projects towards potential resource delineation. The comprehensive program aims to unlock the significant mineral potential believed to exist within each property.

"We are thrilled to commence the next phase of our exploration strategy, now fully funded and ready to execute," stated Michael Murphy, Executive Chair of SPMC. "The successful completion of this financing provides us with the resources to aggressively advance our projects. Our immediate focus will be on drilling select targets, particularly those within the high-potential areas identified last year, while simultaneously continuing surface exploration programs to uncover additional promising zones. The drill programs have been meticulously designed to capitalize on known mineralization and test newly identified high-priority targets."

The company's exploration strategy is multi-pronged. While drilling remains a key focus, surface exploration will continue to play a crucial role in identifying and defining new targets. The data collected from these programs will be instrumental in developing a comprehensive geological model for each project.

The May River project, with its promising geological setting, is a key component of SPMC’s exploration strategy. Similarly, the Osena, Anga, and Kili Teke projects each offer unique geological characteristics that warrant further investigation.

In addition to the exploration update, SPMC announced that it has engaged Danayi Capital Corp, an arm’s-length marketing, advertising, and public awareness firm based in Vancouver, British Columbia, to provide investor relations and digital marketing services. Subject to the acceptance of the TSX Venture Exchange, Danayi will provide these services under a digital marketing agreement dated February 18, 2025. The initial term of the agreement is one month, with the option to extend upon conclusion of the trial period.

The combination of a well-funded exploration program and enhanced investor relations efforts positions South Pacific Metals Corp. for a potentially transformative year. The company is committed to maximizing shareholder value through the systematic exploration and development of its highly prospective gold-copper projects in Papua New Guinea.