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GEOPACIFIC RESOURCES LTD Capital/Financing Update 2013

Sep 26, 2013

65008_rns_2013-09-26_312ead1c-5193-40d0-ba6c-3f522e80dc77.pdf

Capital/Financing Update

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25 September 2013

Dear Shareholder,

SUPPORT GEOPACIFIC RESOURCES NL RIGHTS ISSUE

Recently you would have received:

  1. A Rights Issue Offer Document; and

  2. A Notice of an Extraordinary General Meeting.

Geopacific has undertaken the Rights Issue to raise AUD$3.0 million which is a condition of the placement of USD$3.0 million (AUD$3.3) by Resource Capital Funds Ltd VI L.P. (RCF). At the completion of the Rights Issue and the placement from RCF, Geopacific will be have sufficient funds to allow the company to progress the geological understanding and regional potential of the Kou Sa Project located in Cambodia and define an initial JORC resource on some of the mineralisation present and also test the company’s Sabeto copper porphyry mineralisation.

The Board of Geopacific thanks you, for your ongoing support through what has been a difficult time for the junior resource sector. We now believe that market conditions are improving around the world and specifically in Australia, especially for commodities such as copper. We believe Geopacific is well placed to be an early riser in an improving market.

THE BOARD WOULD URGE ALL SHAREHOLDERS TO TAKE UP THEIR RIGHTS AND SUPPORT THE COMPANY AS IT EMBARKS ON THIS EXCITING PHASE OF ITS DEVELOPMENT.

In recent days RCF have agreed to advance an initial $USD 500,000 of the total placement. This positive endorsement of the company, will allow Geopacific to maintain its current field exploration program and also undertake an extensive aeromagnetic survey. The support of RCF is indicative of their optimism of the project and management and will ensure that the aggressive pace of exploration is maintained during the period of the current raising.

KOU SA COPPER PROJECT CAMBODIA

The Kou Sa copper project was acquired in late 2012 from a Korean based group. The area was originally identified from regional geochemistry and further defined by mapping, rock-chip sampling and trenching. On the basis of trench results two phases of diamond drilling were undertaken, predominantly on outcropping or sub-outcropping mineralisation. The drilling produced some excellent near surface copper mineralisation from multiple, semi massive sulphide veins located in two main areas 5km apart. Geopacific have relogged and reanalysed all of the diamond core in an Australian laboratory to confirm the initial Korean results, which were only on selected areas of the core. Geopacific results largely confirmed the Korean results and often significantly increased widths in areas where the entire core was not previously analysed. All of the zones identified are open at depth and along strike. Details of the results are contained in previous releases and on our website.

Geopacific Resources N L ACN 003 208 393

A: Level 1, 278 Stirling Highway Claremont WA 6010 / PO Box 439 Claremont WA 6910 P: 08 6143 1820 / E: [email protected] / W: www.geopacific.com.au

For further details of the drilling results, sampling and analytical methods please read the relevant releases available on the Geopacific website.

Ongoing geochemical surveys have also been producing some very encouraging results and those that we have recently released have extended the area of interest from the two main areas of historical drilling to over 18 kilometres of near continuous copper anomalism. Detailed mapping, rock-chip and soil geochemistry by Geopacific has significant improved our understanding of the project area in the past six months and with the forthcoming airborne geophysical survey and infill ground geophysics will define targets for the drilling program planned to commence at the end of the current wet season, expected to be in early November.

SABETO COPPER PROJECT FIJI

In Fiji, recent auger geochemistry and a further detailed review of previous exploration results have highlighted the excellent potential of the Sabeto area to host a high gold ratio copper porphyry in the vicinity of hole SBD001 which intercepted a 32 metre wide zone of very interesting porphyry coppergold mineralisation. This mineralisation thought to be secondary phase of intrusion is potentially associated with a later, higher grade core zone that we believe is located slightly further south-east.

Drilling of the Sabeto porphyry will commence prior to Christmas with two deep diamond holes. Results are expected early in the new year.

I urge you to review the latest developments at Kou Sa and Sabeto by viewing our current Information memorandum on our website at www.geopacific.com.au.

Yours Sincerely

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Ron Heeks Managing Director

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