New High-Grade Assays At The Comet Discovery

VANCOUVER - Great Pacific Gold Corp. reported new high-grade gold assays from a follow up diamond drill hole of the Comet gold discovery at the Lauriston Gold Project in Victoria, Australia. Diamond drill hole CDH10 intersected 4.0 at 22.3 g/t Gold from 101.9m. This high-grade intercept, together with additional gold assays received, occur within and below the previously identified main zone of the initial high-grade reverse circulation (RC) percussion discovery hole CRC07 (8m at 106 g/t Gold including 5m at 166 g/t Gold including 2m at 413 g/t Gold including 1m at 468 g/t Gold and 1m at 358 g/t Gold (from 95 metres).

In addition to the high-grade gold assays from CDH10, the Company also received a number of deeper high-grade gold intervals from diamond drill hole CDH09 including 0.35m at 55.6 g/t Gold from 130.4m, 0.2m at 22.23 g/t Gold from 133.8m and 0.2m at 15.67 g/t Gold from 170.75m. These high-grade assays at depth show the significant potential of the system being drilled at Comet.

Chief Operating Officer and Director, Rex Motton, states, “Our latest gold assays intersected stacked zones of mineralization providing us with important geological information on the potential scope of the system. Importantly, high-grade gold at depth was associated with widespread quartz veining. Drilling has focused on understanding the controls of the gold mineralization and led to the development of a structural geological framework. This structural setting highlights several possible high-grade targets deeper and further west of the current drilling pattern, as well as along strike. We are looking forward to continuing drilling to better understand the controls on this highly prospective set of gold mineralized structures and to discover more high-grade gold mineralization.”