Managing director Ron Heeks said the company was well positioned to develop the 1.6 million ounce project to production.
It is currently focusing on debt financing discussions.
WOODLARK Island gold project owner Geopacific Resources this week released its quarterly report to June 30.
Geopacific upbeat on Woodlark assays
Geopacific beefed up by $6M raising
Shallower ounces found at Woodlark
Milne Bay wants 30% of Woodlark
Be nice to Newcrest, Newmont told
St Barbara arm-wrestle goes on
High-grade discovery at Kainantu
KPMG says miners all-in on decarbonisation