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South Pacific Metals reports high-grade gold drill results at Ontenu NE, PNG, advancing multiple projects.

Market News
16 Jun 2026
Newsfile Corp
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Bullish
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South Pacific Metals Corp. announced new high-grade gold drill results from its Ontenu NE project in Papua New Guinea, including a notable intercept of 12 meters at 3.1 g/t gold, with 1 meter grading 18.1 g/t gold. The company is actively drilling at Ontenu NE with two rigs and progressing exploration at adjacent Ontenu Central and Anga projects. Additionally, field work has resumed at the May River project after securing community consent. These results highlight promising gold-copper mineralization in a region near K92 Mining's operations, with further assays pending and exploration ongoing across multiple targets.

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Japanese firms use NVIDIA Nemotron to build AI tailored for local industries and workforce needs.

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ARCpoint delays annual financial filings due to funding issues, expects to file by Sept 29, 2026.

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Investors in Putnam mutual funds may claim losses in a new class action lawsuit.

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Stocks fall sharply due to legal probes, financing plans, and volatile listings today.

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