Exploring Colossal Discoveries in the Solomon Islands
OCEANIA PROJECT
Sankamap Metals is focused on the development of high-grade copper and gold deposits through its flagship Oceania Project, located in the South Pacific. The Company’s fully permitted assets, Kuma & Fauro, are strategically positioned in the Solomon Islands, along a prolific geological trend.
Exploration is advancing at both the Kuma and Fauro properties, part of Sankamap’s Oceania Project in the Solomon Islands. Historical work has already highlighted the mineral potential of both sites, which lie along a highly prospective copper and gold-bearing trend, suggesting the possibility of further, yet-to-be-discovered deposits.
KUMA PROPERTY
Overview
The 100% owned Kuma property spans 43 km² and hosts a drill-ready porphyry target with the potential for a large-scale system, comparable to the Panguna Mine (19.3 Moz Au & 5.3 Mt Cu). Surface exploration has identified a kilometer-scale lithocap, while grab samples have returned high-grade values of up to 11.7% Cu and 13.5 g/t Au, confirming strong mineralization.
Location and Infrastructure
The Kuma property lies 37 km to the southeast of the capital city Honiara on the southern side of Guadalcanal Island, Solomon Islands. The property benefits from year-round access and drilling potential, 20km from Goldridge producing mine (power supply and mill), and boarders the ocean for excellent shipping and transport potential. The property is easily accessible via daily flights to Honiara with a 37 km helicopter ride or 155 km boat to the property.
Geology and Mineralization
The Miocene Suta Volcanics are mapped over the majority of the Kuma Property and are intruded by diorites of the Koloula Complex. On the northeast portion of the property the Mbirao Group mafic and ultra-mafic basement rocks are mapped. A 7 km-scale lithocap was identified by previous explorers with associated gold and copper mineralization along Tabala Ridge and Kolovelo Creek. Grab samples have returned high-grade values of up to 11.7% Cu and 13.5 g/t Au. Zoned alteration assemblages including silica, advanced argillic and argillic alteration are defined based on hyperspectral mineral identification. Surficial geology, mineralization, and alteration display potential for the Kuma property to contain porphyry, epithermal or skarn mineralization at depth (see figure conceptual exploration model)
The 2025/2026 exploration programs will further define mineralization of the property through additional surface sampling, airborne geophysics and diamond drilling.
FAURO PROPERTY
Overview
The 100% owned Fauro Property spans 147 km² and hosts a high-potential epithermal gold target, with indications of a large-scale porphyry system at depth, analogous to Newmont’s 71.9 Moz Lihir Mine.
The property hosts seven identified prospects, including three drill-ready targets and four new exploration targets, all demonstrating kilometer-scale mineralization. High-grade results include a drill intercept of 11m at 4.03 g/t Au and a trench sample of 8m at 27.95 g/t Au, underscoring the property's strong potential.
Location and Infrastructure
Fauro island is part of a group of islands named “Shortland Islands” located in the Western Province of the Solomon Islands, 12 km southeast of Bougainville Island in Papa New Guinea. The Fauro Property is comprised of multiple small islands of a remnant collapsed caldera ring, the largest being Fauro Island (~120 km2). Access to the property is by Helicopter via Helicopter Support out of Taro, Choisel Bay (15 minutes) or by boat from the nearest airstrips in Choisel bay or Balaile Island to the south (~1 hour). The property benefits from year-round drilling potential and boarders the ocean for excellent shipping and transport.
Geology and Mineralization
This Fauro Tenement consisting of multiple islands has been interpreted as a caldera formed by the collapse of the Fauro calc-alkaline volcano, the eastern rim has been almost completely submerged except for the remnants of Masamasa and Piru islands. The tenement is comprised of three main lithologies: basalt, andesite and dacitic porphyry. Other smaller rock units observed around the caldera include fine grained diorites and volcanic breccias.
Evidence of a major hydrothermal system was identified by previous exploration defining 7 prospects on the property. The property exhibits strong potential to host a large-scale gold deposit showing similarities in geological setting and mineralization to Lihir Gold mine.