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# Three Gold-Copper Zones in One Hole: South Pacific Hits 27 g/t Gold at Ontenu # US: SPMEF Canada: SPMC # The setup, in three sentences South Pacific Metals is a tiny explorer, about a **US$26 million** company, whose flagship ground wraps around two sides of K92 Mining’s Kainantu gold mine in Papua New Guinea. K92 is worth about **US$4 billion**. Same gold belt, same rocks, opposite sides of a property line. # What just happened, the exciting part Two …
— ORIGINAL POST ·
$SPMEF Hits Big Gold. $26m Explorer Bookending $4b Mine
· r/pennystocks
· Jul 6, 2026