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Kili Teke project reveals strong copper-gold mineralisation with new targets outside existing resource zone.

Market News
31 Aug 2026
Newsfile Corp
View Source
Bullish
Kili Teke project reveals strong copper-gold mineralisation with new targets outside existing resource zone.

South Pacific Metals Corp. reported promising assay results from its Kili Teke Copper-Gold Project in Papua New Guinea, confirming historic mineralisation and identifying new target zones beyond the current 237 Mt inferred resource. High-grade copper and gold samples were found in massive sulphide units and historic trenches, with further soil and rock assays underway. The company plans to define drill-ready targets by late 2026, aiming to expand the resource and explore deeper mineralisation beneath the Central Porphyry. This marks the first systematic exploration at Kili Teke in nearly a decade, highlighting its potential as a significant porphyry and epithermal gold-copper complex.

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Jefferies keeps Kinder Morgan on Hold, lowers price target to $33 amid stable cash flows and growth.

Jefferies keeps Kinder Morgan on Hold, lowers price target to $33 amid stable cash flows and growth.

Jefferies maintained a Hold rating on Kinder Morgan, lowering its price target from $35 to $33, which remains above the current stock price of $31.31. The company benefits from stable cash flows, with 96% secured by fee-based or hedged contracts, inc...

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