South Pacific Metals drills 92 m mineralization at Ontenu NE, hits 9.92 g/t gold peak

• South Pacific Metals reported initial drill results from its first program at the Ontenu NE gold-copper project in Papua New Guinea, completing 7 holes for 2,266 meters, with assays received for 6 holes.
• Mineralization was intersected in 5 of 7 holes across the Onki and Jorkol zones, supporting a Kora-Judd-style vein target on the Kainantu Transfer Zone corridor near K92 Mining’s Kainantu operation.
• Best reported intercept came from Onki hole ONED26-006 at 2 m grading 5.74 g/t gold with 1.49% copper, including a peak re-assay of 9.92 g/t gold with peak copper at 2.35%.
• At Jorkol, hole ONED25-001 returned 4.5 m at 0.77 g/t gold with 0.14% copper, including a 0.5 m peak of 3.16 g/t gold with 0.62% copper and 96 g/t silver.
• Ongoing drilling is targeting deeper extensions beneath a silica-cap interpretation at Onki, step-outs along strike and at depth at Jorkol, with drilling also expected to start shortly at Ontenu Central.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. South Pacific Metals Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202605200630NEWSFILECNPR____20260520_298136_1) on May 20, 2026, and is solely responsible for the information contained therein.