Great Pacific Gold Provides Drilling Update at Wild Dog Project Ready to Announce with Confidence?
Vancouver, British Columbia--(Newsfile Corp. - February 18, 2026) - Great Pacific Gold Corp. (TSXV: GPAC) (OTCQX: GPGCF) (FSE: V3H) ("Great Pacific Gold," "GPAC," or the "Company") announces results and updates from its flagship Wild Dog Project ("Wild Dog" or the "Project"), located on the island of New Britain, East New Britain Province, Papua New Guinea ("PNG").
Diamond drilling at the Sinivit epithermal gold-copper target has been ongoing since May 2025, with recent drilling focused on testing the down-plunge extension of the Northern Sulphide high-grade shoot.
Key Highlights:
"The Northern Sulphide Shoot is developing to be approximately 150 metres in vertical extent and approximately 500m in strike length to date, with the system remaining open at depth to the north. Hole 18 will be critical to refining our understanding of the plunge of the system. As a result, we have elected to await assay results and a fully updated model of the Northern Sulphide Shoot prior to drilling the next hole. In the meantime, we are encouraged by the first drill core from the Kavasuki target. Based on prior shallow drilling, we are targeting two high-grade ore shoots at Kavasuki, and the first hole has intersected a strongly mineralized, breccia-dominant quartz vein system with well-developed sulphide mineralization.
Rig 2 is currently mobilizing to Kasie Ridge, which is located at the northern end of the Wild Dog Structural Corridor and has the potential for a large-scale high-sulphidation epithermal target beneath an advanced argillic lithocap extending approximately 1.5 to 2.0 kilometres in strike length and several hundred metres in width," stated Greg McCunn, CEO. "Kasie Ridge represents a potentially significant discovery opportunity approximately 4.5 km north of Sinivit."
Figure 1: Northern Sulphide Shoot cross-sections looking north, illustrating the position of WDG-16 and WDG-17, which intercepted the main structure, but below the high-grade shoot. WDG-18 has intersected the main Wild Dog structure approximately 75 metres below WDG-09. Assay results are pending. Intervals shown represent downhole lengths.
To view an enhanced version of this graphic, please visit:
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Figure 2: Kavasuki target long-section looking west with location of KVH-01 highlighted and g/t-m contour intervals from historical shallow drilling.
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Drilling at Kavasuki (KVH-01) has intersected a broad, vertically extensive zone of strongly silica-altered volcanic host rocks from approximately 40m downhole to the current depth of 100m. The planned end of hole depth is 150m. The core displays pervasive silicification, multi-phase quartz veining with grey quartz overprinting earlier milky quartz, and well-developed brittle fracturing consistent with a structurally controlled hydrothermal system.
Several intervals comprise hydrothermal breccia with angular clasts supported in a quartz matrix and localized zones of strong sulphide development, including pyrite and chalcopyrite along quartz domains and fracture margins. The geological features observed to date are highly encouraging and consistent with an active mineralized system at Kavasuki.
Figure 3: Kavasuki KVH-01 drill core (50.67-61.00m downhole) showing pervasive silica alteration and well-developed hydrothermal brecciation.
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https://images.newsfilecorp.com/files/11018/284294_c9e1db182428cbd9_005full.jpg
On behalf of Great Pacific Gold:
Greg McCunn
Chief Executive Officer and Director
For further information, visit gpacgold.com or contact:
Investor Relations
Phone +1-778-262-2331
Email: info@gpacgold.com
Complete Wild Dog Drilling Results
Since commencing in May 2025, GPAC has completed 18 drill holes at Sinivit with Kavasuki drilling (KVH-01) now in progress. Details of the drilling are shown in Table 1, with key assay results received to date shown in Table 2.
Table 1: Wild Dog Drill Hole Details (PNG94 UTM Zone 56 coordinates).
Table 2: Wild Dog Drill Hole Key Assay Results
Notes:
Qualified Person
The technical content of this news release has been reviewed, verified and approved by Callum Spink, the Company's Vice President, Exploration, who is a member of the Australian Institute of Geoscientists, MAIG, and a Qualified Person as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Spink is responsible for the technical content of this news release. Mr. Spink is not independent of the Company.
Quality Assurance / Quality Control (QAQC)
The Company follows industry-standard Quality Assurance and Quality Control (QA/QC) procedures. Diamond drill core (HQ and PQ diameter) was sawn in half, with one-half submitted to Intertek Minerals Ltd. in Lae, Papua New Guinea, an ISO 9001-certified independent analytical laboratory with internationally recognized quality standards.
Gold analyses were completed by fire assay, with copper and silver initially determined by aqua regia digestion and atomic absorption and subsequently updated using four-acid digestion (MS48) multi-element analysis.
Certified reference materials (standards) and blanks were inserted into the sample stream at industry-standard frequencies, including routine insertion of blanks following mineralised intervals. All assay batches received to date have passed QA/QC review and fall within acceptable tolerance limits.
Core recoveries were within acceptable ranges, and sampling procedures were carefully managed in areas of variable ground conditions.
About Great Pacific Gold
Great Pacific Gold's vision is to become the leading gold-copper development company in Papua New Guinea ("PNG"). The Company has a portfolio of exploration-stage projects in PNG, as follows:
Wild Dog Project: the Company's flagship project is located in the East New Britain province of PNG. The project consists of a large-scale epithermal target, the Wild Dog structural corridor, stretching 15 km in strike length and potentially over 1,000 metres deep based on a recent MobileMT geophysics survey. The survey also highlighted the Magiabe porphyry target, adjacent to the epithermal target and potentially 1,000 metres in diameter and over 2,000 metres deep. Drilling of the epithermal structure on the Sinivit target has yielded high-grade results, including WDG-08 which intercepted 8.4 metres at 50 g/t AuEq from 154 metres. The current drilling program will extend into 2026 with second drill rig expecting to be operational in February 2026.
Kesar Project: located in the Eastern Highlands province of PNG and contiguous with the mine tenements of K92 Mining Inc. ("K92"), the Kesar Project is a greenfield exploration project with several high-priority targets in close proximity to the property boundary with K92. Multiple epithermal veins at Kesar are on strike and have the same orientation as key K92 deposits, such as Kora. Exploration work to date by the Company at the Kesar Project has shown that these veins have high grades of gold present in outcrop and very elevated gold in soil grades, coincident with aeromagnetic highs. The Company conducted a diamond drill program on key target areas at the Kesar Project from November 2024 to May 2025 and have developed a follow-up Phase 2 program for 2026.
The Company also holds the Tinga Valley Project in PNG.
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Great Pacific Gold cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by many material factors, most of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to Great Pacific Gold's limited operating history, its exploration and development activities on its mineral properties and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Great Pacific Gold does not undertake to publicly update or revise forward-looking information.
Mineralization at the properties held by K92 Mining Inc. and at the Wafi-Golpu deposit is not necessarily indicative of mineralization at the Wild Dog Project.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/284294
Source: Great Pacific Gold Corp.
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