Geopacific Resources Limited provided an update on drilling results at the Woodlark Gold Project. Results from grade control drilling at the Company's Kulumadau pit continue to highlight upside within the existing pit shells and identify potential for near term resource growth. In addition, the initial phase of resource extension drilling focussed around the Busai and Kulumadau pits reinforces the potential for pit extension, with all three planned pits at the Project open along strike and at depth.

Results from grade control drilling at the Company's Kulumadau pit continue to highlight upside within the existing pit shells and identify potential for near term resource growth. In addition, the initial phase of resource extension drilling focussed around the Busai and Kulumadau pits reinforces the potential for pit extension, with all three planned pits at the Project open along strike and at depth. Drilling will continue into Second Quarter 2022, focussed on Woodlark's significant near pit growth potential, including areas previously inaccessible due to the proximity of the local community as well as other high priority exploration targets within the mining lease.