Posts

Great Southern Mining Scores Encouraging Gold Hits at Golden Boulder

/in , /by

THE DRILL SERGEANT: Great Southern Mining (ASX: GSN) reported results from drilling carried out at the company’s 100 per cent-owned Duketon gold project in Western Australia.

Great Southern Mining completed a targeted 15-hole RC drilling program at Duketon mainly focused on the Golden Boulder prospect, testing for depth and strike extensions.

The drilling encountered shallow high-grade gold at the Golden Boulder prospect, with results including:

24GBRC0005
4 metres at 5.64 grams per tonne gold from 63 m, including 2m at 9.89g/t gold;

21GBRC0007
3m at 4.8g/t gold from 18m, including 1m at 12.45g/t gold; and

24GBRC0001
2m at 3.44g/t gold from 141m.

The company declared the drilling extended the higher-grade mineralised zone at Golden Boulder by 85m to 370m total and gold anomalism now extends over 2.3km with very sparse drilling.

A further 1.4km of prospective strike remains untested to the south.

“Golden Boulder continues to return shallow high-grade intercepts,” Great Southern Mining managing director Matthew Keane said in the company’s ASX announcement.

“Following several low-metreage targeted drilling programs, we believe this prospect now warrants a significant drill-out to test the 3.7 kilometres prospective trend.

“Our geological team have proven that mineralised trends are relatively predictable, with step-out hole 24GBRC0005 intercepting mineralisation within 10m of the modelled target some 85m south of the previous intercept.

“We are also highly encouraged by the early success at the Boundary prospect.

“We believe this area holds significant potential for gold discoveries given its location along a major structural zone, which lays host to Regis Resources’ +5 million ounce Garden Well deposit located 20km to the north.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Great Southern Mining (ASX: GSN) managing director Matthew Keane at RIU Explorers Conference 2024

/in /by

Great Southern Mining (ASX: GSN) managing director Matthew Keane keeps the gold faith when speaking with Wally Graham at the 2024 RIU Explorers Conference

Great Southern Mining Hits New Southern Star Mineralisation Zone

/in , /by

THE DRILL SERGEANT: Great Southern Mining (ASX: GSN) reported assay results from RC drilling conducted in late-2023 at the Southern Star prospect, part of the company’s 100 per cent-owned Duketon gold project in Western Australia.

Great Southern Mining said the drilling has extended the down dip extent of the main zone of mineralisation at Southern Star, which currently extends over a 700-metre strike to a depth of around 160 metres below surface.

New zones of high-grade gold mineralisation detected up to 1.2 kilometres north of Southern Star along the same magnetic high trend where limited historical, shallow drilling has been carried out.

Intercepts include:

23SSRC010
13 metres at 2.16 grams per tonne gold from 57m, including 3m at 4.39 g/t gold; and

23SSRC008
3m at 4.33g/t gold from 127m, including 1m at 9.94g/t gold.

The Southern Star main zone mineralisation was also extended at depth with further high-grade gold intercepts including:

23SSRC004
2m at 2.74g/t gold from 126m and 13m at 2.52g/t gold from 144m, including 4m at 6.91g/t gold; and

23SSRC002
3m at 1.93g/t gold from 76m and 9m at 3.66g/t gold from 159m, including 6m at 4.63g/t gold.

“This was a small, but targeted drilling program aimed at testing depth extensions and distal targets to the main zone of gold mineralisation already defined at Southern Star,” Great Southern Mining managing director Matthew Keane said in the company’s ASX announcement.

“We are particularly excited about the new zones of mineralisation detected to the north.

“This opens the potential for gold mineralisation along a line of strike some 1.5 kilometres from Southern Star to the tenement boundary with Regis Resources.

“The company is poised for an exciting year of drilling at the Duketon gold project with high-grade drill intercepts to be followed up at the Southern Star, Golden Boulder and Amy Clarke prospects.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Great Southern Mining Intersects Cox’s Find Gold Mineralisation

/in , /by

THE DRILL SERGEANT: Great Southern Mining (ASX: GSN) reported gold intersections from Phase 2 RC drilling at the company’s 100 per cent-owned Cox’s Find project, in the Laverton Gold District of Western Australia.

Great Southern Mining explained this latest phase of drilling had focused on two key along-strike targets to the north of the Cox’s Find deposit, known as Targets 2 and 3.

Highlights included the intersection of gold mineralisation in first-pass RC drilling at two key along-strike targets located 400m (Target 2) and 1km (Target 3) north of Cox’s Find.

Best results include:

8 metres at 1.1 grams per tonne gold from 91m, including 2m at 3.2g/t gold;
6m at 1g/t gold from 114m, including 2m at 1.7g/t gold; and
13m at 0.7g/t gold from 34m, including 1m at 1.7g/t gold.

The newly identified mineralised zones appear open along strike and at depth with the recent results demonstrating structural prospectivity of the northern corridor.

Targets 2 and 3 represent only the first two of several along-strike targets the company has earmarked for drilling, which includes multiple areas further to the north of Target 3.

High-priority follow-up drilling of Targets 2 and 3, plus these other key structural targets is currently in the planning stage.

“These results represent a significant success for GSN,” Great Southern Mining chief executive officer Sean Gregory said in the company’s announcement to the Australian Securities Exchange.

“They demonstrate that gold mineralisation is not constrained to the Cox’s Find deposit and is evidenced for at least a further one kilometre along strike.

“They also show that historical RAB drilling in these northern areas by previous owners stopped short of genuine target depth in multiple zones.

“In short, the results substantially increase the overall prospectivity of the target corridor to the north of Cox’s Find.

“It is also important to note that Targets 2 and 3 are only the first two of several high-priority regional targets set to be drilled.

“GSN intends to aggressively follow-up this success, and the other high-priority structural target zones, with an intensive drilling program in the short term.

“Finally, the Cox’s Find project area is likely to again increase.

“GSN has an additional approximate 50 square kilometres under application, immediately adjacent to Cox’s Find.

“This ground is highly prospective with known mineralised corridors that host nearby million-ounce deposits interpreted to strike right through it.

“This application follows the granting earlier this month of E38/3476, which lies immediately to the north of the successful drilling at Target 3.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: admin@gsml.com.au

 

Web: www.gsml.com.au

 

Great Southern Mining Extends Strike at Cox’s Find

/in , /by

THE DRILL SERGEANT: Great Southern Mining (ASX: GSN) reported further high-grade gold intersections from recently-completed Reverse Circulation (RC) and Diamond drilling programs at the company’s 100 per cent-owned Cox’s Find project in the Laverton gold district of Western Australia.

Great Southern Mining said it was encouraged by diamond program results with intersections including:

20CFRCD008
3.6 metres at 8.03 grams per tonne gold from 169m, including 1m at 27.5g/t gold.

This hole was 30m down plunge from a previous intersection that was reported in July encountered in:

20CFRCD004
5.65m at 80g/t gold from 160m, including 1.1m at 404g/t gold.

The RC program was designed to test the shallow down plunge and strike extensions of the main lode north and south of the pit.

Great Southern indicated this had intersected continuity of the mineralised system with results including:

5m at 5.51g/t gold from 59m, including 2m at 12.5g/t gold; and
7m at 1.23g/t gold from 86m, including 2m at 2.94g/t gold.

Extension drilling confirmed the mineralisation sequence continues further south than previously thought with further encouraging results including:

15m at 1.01g/t gold from 167m; and
6m at 0.62g/t gold from 157m, including 1m at 2.57g/t gold.

“These results cement a tremendous platform for further exploration and growth at the company’s Cox’s Find project,” Great Southern Mining recently appointed chief executive officer Sean Gregory said in the company’s announcement to the Australian Securities Exchange.

“The team has demonstrated that the bonanza grades reported earlier in the quarter are part of a continuous mineralised system that extends to depth and along strike to the south.

“It is an exciting time for the company as we are only just beginning to unlock the geological potential of this high-grade gold system.”

Great Southern Mining said the recent RC and Diamond drilling program at Cox’s Find had demonstrated high-grade mineralisation persists at depth and along strike at Cox’s Find.

The company signalled further interrogation and expert reviewing are planned over the coming weeks, which it expects to tightly delineate targets for further drilling; namely the unmined high-grade level 5-6 material, and the plunge extensions at depth and to the south.

 

 

Email: admin@gsml.com.au

 

Web: www.gsml.com.au