$SPMC.V - SOUTH PACIFIC METALS ($SPMEF) I invested in a new...
Silver Santa@Silver__Santa
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Aug 29, 2025
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$SPMC.V - SOUTH PACIFIC METALS ($SPMEF)
I invested in a new gold/copper explorer pick after thorough research. It is cheap, has high insider ownership, and a low float.
SPMC is advancing its projects with near-term drilling campaigns, which could unlock substantial value given the top-tier locations, high-grade targets, and district-scale potential. With proven management, strategic adjacency to K92 ($KNT.T / $KNTNF), and strong insider support, SPMC is positioned for significant exploration momentum.
Management Overview:
+ South Pacific Metals is led by an executive team packed with company-making talent from Torex Gold, Goldcorp, Newcrest, MAG Silver, Roxgold, K92 Mining, and Barrick.
+ Executive Chairman Michael Murphy, the founder of Torex Gold (now worth $3.63B), exemplifies the caliber of leadership driving SPMC.
+ These are proven operators with a track record of turning high-quality exploration assets into world-class mining companies.
Strategic Location & High-Value Assets:
+ SPMC’s four 100%-owned gold-copper projects in Papua New Guinea are strategically located near world-class deposits and infrastructure, offering district-scale discovery potential.
+ The projects sit alongside K92 Mining ($3.6B MCAP), Newmont ($103.8B MCAP), and Harmony Gold ($9.5B MCAP), in PNG’s most prolific mineral belts, with road access, power, and water infrastructure already in place.
Recent Developments & Protection Against K92:
+ Yesterday SPMC secured an interim court injunction to protect a key exploration license after alleged trespassing by neighboring major K92 Mining.
+ Yesterday’s news suggests K92 is exploring opportunities around SPMC’s assets, but the injunction ensures SPMC is protected from any JV, strategic investment, or M&A moves without due process.
+ Positive district developments at K92, such as senior leadership appointments to strengthen community engagement, may also indirectly benefit SPMC.
District-Scale Portfolio Highlights:
+ Osena Project:
+ Directly adjacent to K92’s high-grade gold vein system and along a major 45 km Cu-Au mineralized trend, showing similar geological, structural, and metal associations.
+ Surface sampling has returned up to 10.3% Cu and 1.7 g/t Au.
+ Recent trenching showed 79m averaging 0.75 g/t Au, including 4m of 4.52 g/t Au, and peak values of 8.82 g/t Au.
+ Historic drilling showed 100m at 0.32 g/t Au from 14m deep.
+ Phase 2 trenching is underway ahead of drilling.
+ 100% owned.
+ Anga Project:
+ Exhibits similar geological, structural, and metal associations to K92 along the 45 km Cu-Au trend.
+ Located just 1.5 km from K92’s processing plant, the project hosts multiple Au-Cu targets across a 670 m corridor, with advanced 3D modeling suggesting continuation of mineralization.
+ Recent surface sampling has returned up to 3.68 g/t Au, and the project remains largely unexplored, offering considerable upside.
+ Drilling is a priority for 2025.
+ 100% owned.
+ Kili Teke Project:
+ Near Barrick’s Porgera Gold Mine with an identical soil signature, and a large-scale gold-copper porphyry system.
+ Already has an inferred resource of 1.81 Moz Au, 802 Kt Cu & 40 Kt Mo, or 237 Mt @ 0.34% Cu & 0.24 g/t Au, with ten high-priority targets.
+ Trenching highlights include 93 m @ 0.55% Cu & 0.7 g/t Au, and there is potential for Porgera-style gold overprint.
+ Soils are up to 9.3 g/t Au. Surface samples show up to 27.5% Cu, and 2 g/t Au.
+ This project offers a solid launch pad for future discoveries.
+ 100% owned.
+ May River Project:
+ Borders the Frieda River Au-Cu Project (29 Blbs Cu & 20 Moz Au) and contains multi-epithermal gold deposits, VMS deposits, and Cu-Au porphyry prospects.
+ Over 20 targets include the 7 km Skygate Cu-Au trend and Skiraisa gold deposit (109 m @ 1.53 g/t Au).
+ The Ufuo polymetallic system has returned near-surface high-grade Cu of 19 m @ 11.47% Cu & 2.17 g/t Au.
+ 100% owned.
Strong Market Fundamentals:
+ District-scale portfolio with multiple drill-ready targets.
+ High insider ownership: ~70% of shares controlled by insiders, high net-worth investors & funds.
+ Tight share structure: 52M shares issued and OS, supporting investor confidence.
+ Funded to drill: Recent financing fully covers near-term catalysts.
+ High re-rating potential: A single standout drill intercept could significantly revalue the stock.
+ Technical breakout: Charts show the stock clearing a long-term downtrend.
+ Current MCAP: Only $35M, a small market cap for a junior with such top-tier finds, in prime districts, adjacent to billion-dollar companies like K92 ($3.6B), Harmony Gold ($9.5B), and Newmont ($103.8B).
Upcoming Catalysts:
+ SPMC is advancing its projects with near-term drilling campaigns, which could unlock substantial value given the top-tier locations, high-grade targets, and district-scale potential.
+ With proven management, strategic adjacency to K92, and strong insider support, SPMC is positioned for significant exploration momentum.
DYODD but for me this is now a new long-term hold.
The Company presentation is available on: southpacificmetals.ca/wp-content/upl…
/END
I invested in a new gold/copper explorer pick after thorough research. It is cheap, has high insider ownership, and a low float.
SPMC is advancing its projects with near-term drilling campaigns, which could unlock substantial value given the top-tier locations, high-grade targets, and district-scale potential. With proven management, strategic adjacency to K92 ($KNT.T / $KNTNF), and strong insider support, SPMC is positioned for significant exploration momentum.
Management Overview:
+ South Pacific Metals is led by an executive team packed with company-making talent from Torex Gold, Goldcorp, Newcrest, MAG Silver, Roxgold, K92 Mining, and Barrick.
+ Executive Chairman Michael Murphy, the founder of Torex Gold (now worth $3.63B), exemplifies the caliber of leadership driving SPMC.
+ These are proven operators with a track record of turning high-quality exploration assets into world-class mining companies.
Strategic Location & High-Value Assets:
+ SPMC’s four 100%-owned gold-copper projects in Papua New Guinea are strategically located near world-class deposits and infrastructure, offering district-scale discovery potential.
+ The projects sit alongside K92 Mining ($3.6B MCAP), Newmont ($103.8B MCAP), and Harmony Gold ($9.5B MCAP), in PNG’s most prolific mineral belts, with road access, power, and water infrastructure already in place.
Recent Developments & Protection Against K92:
+ Yesterday SPMC secured an interim court injunction to protect a key exploration license after alleged trespassing by neighboring major K92 Mining.
+ Yesterday’s news suggests K92 is exploring opportunities around SPMC’s assets, but the injunction ensures SPMC is protected from any JV, strategic investment, or M&A moves without due process.
+ Positive district developments at K92, such as senior leadership appointments to strengthen community engagement, may also indirectly benefit SPMC.
District-Scale Portfolio Highlights:
+ Osena Project:
+ Directly adjacent to K92’s high-grade gold vein system and along a major 45 km Cu-Au mineralized trend, showing similar geological, structural, and metal associations.
+ Surface sampling has returned up to 10.3% Cu and 1.7 g/t Au.
+ Recent trenching showed 79m averaging 0.75 g/t Au, including 4m of 4.52 g/t Au, and peak values of 8.82 g/t Au.
+ Historic drilling showed 100m at 0.32 g/t Au from 14m deep.
+ Phase 2 trenching is underway ahead of drilling.
+ 100% owned.
+ Anga Project:
+ Exhibits similar geological, structural, and metal associations to K92 along the 45 km Cu-Au trend.
+ Located just 1.5 km from K92’s processing plant, the project hosts multiple Au-Cu targets across a 670 m corridor, with advanced 3D modeling suggesting continuation of mineralization.
+ Recent surface sampling has returned up to 3.68 g/t Au, and the project remains largely unexplored, offering considerable upside.
+ Drilling is a priority for 2025.
+ 100% owned.
+ Kili Teke Project:
+ Near Barrick’s Porgera Gold Mine with an identical soil signature, and a large-scale gold-copper porphyry system.
+ Already has an inferred resource of 1.81 Moz Au, 802 Kt Cu & 40 Kt Mo, or 237 Mt @ 0.34% Cu & 0.24 g/t Au, with ten high-priority targets.
+ Trenching highlights include 93 m @ 0.55% Cu & 0.7 g/t Au, and there is potential for Porgera-style gold overprint.
+ Soils are up to 9.3 g/t Au. Surface samples show up to 27.5% Cu, and 2 g/t Au.
+ This project offers a solid launch pad for future discoveries.
+ 100% owned.
+ May River Project:
+ Borders the Frieda River Au-Cu Project (29 Blbs Cu & 20 Moz Au) and contains multi-epithermal gold deposits, VMS deposits, and Cu-Au porphyry prospects.
+ Over 20 targets include the 7 km Skygate Cu-Au trend and Skiraisa gold deposit (109 m @ 1.53 g/t Au).
+ The Ufuo polymetallic system has returned near-surface high-grade Cu of 19 m @ 11.47% Cu & 2.17 g/t Au.
+ 100% owned.
Strong Market Fundamentals:
+ District-scale portfolio with multiple drill-ready targets.
+ High insider ownership: ~70% of shares controlled by insiders, high net-worth investors & funds.
+ Tight share structure: 52M shares issued and OS, supporting investor confidence.
+ Funded to drill: Recent financing fully covers near-term catalysts.
+ High re-rating potential: A single standout drill intercept could significantly revalue the stock.
+ Technical breakout: Charts show the stock clearing a long-term downtrend.
+ Current MCAP: Only $35M, a small market cap for a junior with such top-tier finds, in prime districts, adjacent to billion-dollar companies like K92 ($3.6B), Harmony Gold ($9.5B), and Newmont ($103.8B).
Upcoming Catalysts:
+ SPMC is advancing its projects with near-term drilling campaigns, which could unlock substantial value given the top-tier locations, high-grade targets, and district-scale potential.
+ With proven management, strategic adjacency to K92, and strong insider support, SPMC is positioned for significant exploration momentum.
DYODD but for me this is now a new long-term hold.
The Company presentation is available on: southpacificmetals.ca/wp-content/upl…
/END
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