Following the successful AU$40 million capital raising announced in late October 2019, Geopacific Resources has commenced civil construction at the 1.6Moz Woodlark Gold Project on Muyua Island (Woodlark Island), Papua New Guinea (PNG).
This first phase of development is designed to facilitate project execution in preparation for the construction of the process plant and the completion of project financing.
Geopacific personnel mobilised to site on 1 December 2019 for the commencement of development activities. The work program includes road upgrades, construction of a new wharf, clearing of the process plant site, relocation of the Kulumadau Village and upgrades to the Woodlark mine camp to accommodate an additional 250 people.
HBS were selected to undertake earthmoving civils and have mobilised a fleet of equipment to site. Rhodes Projects, an international project manager located in PNG, have been selected to construct the new houses and village amenities.
The teams from HBS and Rhodes Projects will begin the process of selecting and training the local Woodlark community in preparation for upcoming project development and mining activities.
Managing Director, Ron Heeks was excited to commence construction and development activities in such a short timeframe since completing the capital raising.
“Extensive work was undertaken to achieve this commencement date as we aim to deliver gold production in a safe, timely and cost-efficient manner,” commented Mr Heeks.
“Geopacific has made a commitment to engage as many Woodlark residents as possible for all aspects of the project, including the Kulumadau relocation.”
An existing village located on Kulumadau mining area will be relocated to new areas, selected by residents, outside the mining lease. The relocation will include construction of new houses, trade stores, churches, schools and other amenities.