South Pacific Metals starts fieldwork outside Kili Teke 4.2 Moz AuEq resource, dispatches first rock samples

• South Pacific Metals launched fieldwork at the Kili Teke copper-gold project in Papua New Guinea, targeting mineralization outside its NI 43-101 inferred resource.
• The project hosts 4.2 million oz AuEq inferred resource, based on 237 million tonnes grading 0.34% copper and 0.24 g/t gold.
• More than 95% of 36,917 meters of historical drilling focused on one porphyry center, leaving most of the 253 sq km license largely undrilled.
• Initial program collected 52 rock samples for lab analysis; the company aims to narrow 14 machine-learning-ranked targets into a drill-ready shortlist.
• First drill campaign is targeted for H2 2026, with skarn targets excluded from the resource showing historical high-grade copper-gold intercepts.

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