• Viewed 10,240 times by 3014 users (Last 30 days)
  • print Created with Sketch. Print
GSN 0.00% 4.6¢

GREAT SOUTHERN MINING LIMITED - Corporate Spotlight

Great Southern Mining Limited is an Australian based ASX listed gold exploration company... Great Southern Mining Limited is an Australian based ASX listed gold exploration company that incorporated in January 2011 (previously Forte Consolidated Limited). The Western Australian gold assets in at an advanced stage of exploration, both within well established gold fields and within 15km of operating mills. In Queensland the Company has a 100% interest in over 1,000km2 of exciting ground in North Queensland in the Mt Carlton Region.More

Corporate Spotlight

Great Southern Mining Limited is an Australian based ASX listed gold exploration company that incorporated in January 2011. The Company’s aim is to create value through discoveries focusing on efficient, well executed exploration programs utilising the best available technology and experience.
View the full Corporate Spotlight arrow Created with Sketch.

Drill Rig arrives & work commences at GSN Deposit

GSN BRINGS 95PC OF MON AMI RESOURCE

arrow-down-2 Created with Sketch.

Great Southern Mining (ASX:GSN) brings 95pc of Mon Ami resource to indicated category

Materials

ASX:GSN
21 July 2021 15:10 (AEST)
Great Southern Mining (ASX:GSN) - - The Market Herald
Source: Great Southern Mining

  • Great Southern Mining (GSN) believes its Mon Ami Project in Western Australia is "shovel-ready" after announcing an updated mineral resource estimate
  • The project's indicated and inferred mineral resource estimate for Mon Ami of 1.56 million tonnes at 1.11 grams of gold per tonne for 55,500 ounces gold
  • GSN noted the updated resource featured a reduction in ounces, but says the reduction is offset by a higher cut-off grade

Great Southern Mining (GSN) believes its Mon Ami Project in Western Australia is "shovel-ready" after announcing an updated mineral resource estimate.


The Mon Ami mineral resource is informed by 126 reverse circulation drill holes executed between 1991 and 2021 for a combined 15,274 metres.


The project's indicated and inferred mineral resource estimate for Mon Ami of 1.56 million tonnes at 1.11 grams of gold per tonne for 55,500 ounces gold, with 95 per cent of the resource sitting in the indicated category and the remaining inferred.


Great Southern Mining noted that the 2021 mineral resource featured a reduction in ounces, but affirmed the reductions were offset by an increased cut-off grade and the inclusion of additional strike length.


In a broader context, GSN said the 2021 mineral resource estimate represents a significant step forward for the project and offers an increased level of geological confidence.


The ASX-lister said it plans to submit a mining proposal for primary approvals once a commercial milling solution for the project has been agreed upon.


The Mon Ami project is situated in the Kurnalpi Terrance of Western Australia's Eastern Gold Fields 15 kilometres south of Laverton.


Read the Full Article on The Market Herald here

GSN DISCOVERS FOUR DRILL-READY TARGETS

arrow-down-2 Created with Sketch.

Great Southern Mining (ASX:GSN) discovers four drill-ready targets at Duketon

Mining

ASX:GSN
Great Southern Mining (ASX:GSN) - - The Market Herald
Source: Great Southern Mining

  • Great Southern Mining (GSN) identifies four drill-ready gold targets at its Duketon Project in Western Australia
  • The targets have been identified through a review of historical drilling data and have shown to be highly prospective areas for gold
  • Drilling of these targets will be added to GSN's current reverse circulation program which is focused on the Southern Star tenement
  • Following this, the rig will move to the One Weight Wonder prospect

Great Southern Mining (GSN) has identified four more gold targets for drilling at its Duketon Project in Western Australia.


These drill-ready targets include the Ogilvie's, Golden Boulder, Erlistoun Main Line and Erlistoun East Line areas.


Great Southern conducted a review of historical drilling data which uncovered these targets.


The review showed that all targets have previously returned moderate to high grades of gold from 2.5 grams of gold per tonne (g/t) to 11.1g/t gold. What's more is that they're known to be highly prospective areas for gold accumulation.


CEO Sean Gregory was pleased to have identified new targets ready for drilling.


“Great Southern Mining is in an enviable position as we have multiple drill-ready targets set to go and are on the ground drill testing them," Mr Gregory said.


"The Erlistoun trend has had no systematic deep drilling on it whatsoever, which is compelling considering just how many deposits in the Duketon Belt are found along these regional mineralised structures."


Great Southern is currently undertaking a 3500-metre reverse circulation (RC) drilling program focused on the Southern Star tenement. Once this has been completed, the drill rig will move to the One Weight Wonder prospect which has never seen deep RC drilling.


In terms of the recently identified targets, the company has completed the drill design. It also completed a heritage survey last month and a program of works application has been approved which allows it to extend the current RC drilling program.


Read the Full Article on The Market Herald here

GSN GETS READY TO DRILL AT SOUTHERN STAR

arrow-down-2 Created with Sketch.

Great Southern Mining (ASX:GSN) gets ready to drill at Southern Star

Materials

ASX:GSN
Great Southern Mining (ASX:GSN) looks to expand Cox’s Find
Source: Great Southern Mining

  • A reverse circulation (RC) drill rig is on its way to Great Southern Mining's (GSN) Southern Star tenement, to begin drilling at the site in WA
  • The tenement forms part of GSN's wider Duketon Project, located near two of Regis Resources' (RRL) gold mines
  • The company is planning to follow up on the previous drilling at Southern Star which returned high grades of 23.3g/t gold
  • In addition to this, the drill rig will also head to the One Weight Wonder prospect which is also located at Duketon

Drilling will soon get underway at Great Southern Mining's (GSN) Southern Star tenement in Western Australia.


A reverse circulation (RC) drill rig is on its way to the site near Laverton, with drilling set to begin next month.


The Southern Star tenement forms part of GSN's wider Duketon Project, which is located near two of Regis Resources' (RRL) gold mines.


The company is planning to follow up on previous drilling at Southern Star which returned high grades of 23.3g/t gold.


In addition to this, the drill rig will head to the One Weight Wonder prospect which is also located at Duketon.


GSN wants to follow up on mineralisation from historical drilling at the tenement, with drilling likely to extend to other prospects depending on soil sampling results.


"We are excited to be commencing RC drilling at our recently acquired Southern Star project," CEO Sean Gregory commented.


"The drilling is aimed at building on the previous excellent exploration results from 2017 to 2018 that were achieved from less than 10,000 metres of drilling," he said.


"We also intend to test the first of our regional exploration targets including the nearby One Weight Wonder prospect and additional targets pending soil survey results," he added.


Read the Full Article on The Market Herald here

GSN MAPS FISH CREEK SYSTEM

arrow-down-2 Created with Sketch.

Great Southern Mining (ASX:GSN) maps gold-silver-copper system at Fish Creek


  • Great Southern Mining (GSN) said additional testing at the Fish Creek prospect has helped identify a high sulfidation gold-silver-copper system
  • Fish Creek forms part of the company's Edinburgh Park Project in North Queensland, which is considered prospective for base and precious metals
  • GSN recently carried out additional interpretation of soil geochemistry data from the prospect, finding the system is similar to the nearby Mt Carlton gold-silver-copper mine
  • Mt Carlton was discovered by Great Southern's Chairman John Terpu during his time at the business now known as Evolution Mining (EVN)
  • GSN is now carrying out ground-truthing at Fish Creek so it can identify future drill targets, which it will test later this year

Great Southern Mining (GSN) said additional testing at the Fish Creek prospect has helped map out a high-sulfidation (HS) gold-silver-copper system.

The Fish Creek prospect forms part of the company's Edinburgh Park Project in North Queensland, which is considered prospective for base and precious metals.

The materials stock recently carried out additional soil geochemistry data interpretation from the prospect.

It found the geochemical signature exhibits well-defined gold, silver and base metals anomalism consistent with a HS system similar to the nearby Mt Carlton gold-silver-copper mine.

GSN CEO Sean Gregory explained it was a pleasing result, as Mt Carlton has a history of success.

"The interpretation of the geochemistry data at Fish Creek has revealed an HS gold-silver-copper system similar to the nearby Mt Carlton mine located only 25 kilometres to the south," he explained.

"Mt Carlton was discovered by the team led by GSN’s Chairman, John Terpu, for Conquest Mining which has gone on to become the multi-billion-dollar Evolution Mining (EVN)," he said.

"The Fish Creek Prospect moves alongside the Leichhardt Creek Prospect as two of our most promising targets within the Edinburgh Park Project in North Queensland," he concluded.


Great Southern is now carrying out ground-truthing at Fish Creek so it can identify future drill targets, which it said it plans to test later this year. 

GSN UNEARTHS NEW TARGETS AT DUKETON

arrow-down-2 Created with Sketch.

Great Southern Mining (ASX:GSN) unearths new targets at Duketon

Mining

ASX:GSN
Great Southern Mining (ASX:GSN) looks to expand Cox’s Find
Source: Great Southern Mining

  • Great Southern Mining (GSN) has found 21 new targets at the Duketon Belt, in Western Australia
  • Of those new targets, seven of them are drill-ready with the Golden Star target to be the first drilled
  • The new targets are from the recently acquired database at Duketon, which includes more than 12,000 drill holes and 24,000 soil samples
  • GSN has already booked the drill rig for Golden Star and will also commence an extensive soil program at the newly identified One Weight Wonder target

Great Southern Mining (GSN) has found 21 new targets at the Duketon Belt, in Western Australia.


The company recently explored its newly purchased database at Duketon, which includes more than 12,000 drill holes and 24,000 soil samples.


Notably, out of the 21 targets, seven of them are drill ready, with Golden Star the most advanced prospect and the first to be drilled.

Golden Star is ranked as the most advanced and prospective target. It is located along the same mineralised geological trend that hosts the Rosemont Gold Mine, owned by Regis Resources (RRL).


A drill rig has been booked for Golden Star, and a program of work from the WA Mines Department is approved.


Additionally, an extensive soil program is due to commence in April at the newly identified One Weight Wonder target to further define the drill target.


GSN is continuing to review the newly purchased database and planning a systematic evaluation of the new tenements and prospects. The clear intent is to develop a strategic exploration pipeline with all levels of target generation.


This pipeline is designed to rank the known prospects and targets to highlight the potential of the company's Western Australian portfolio as it stands in 2021.


To do this, a project pipeline has been implemented, and this will see projects pass through certain stages.


Less than one year ago, GSN's land position in the Duketon Belt was limited to Cox's Find, which covered 2.5 square kilometres in the area. This provided GSN the door to the belt, which was largely controlled by Regis at the time.


GSN is now a serious player in the belt, holding 459 square kilometres across the Duketon.


"Golden Star deposit is seen as the highest-ranked of these significant opportunities, which we plan to explore immediately," CEO Sean Gregory said.


"With a project pipeline in place to maximise the probability of discovery, we are confident we are exploring in the right areas on all fronts. We now hold 459 square kilometres of highly prospective tenure in the region and this has opened the floodgates of target generation and project development in the Laverton region," he added.


Read the full Article on The Market Herald here

ABOUT US

arrow-down-2 Created with Sketch.


VIDEOS

arrow-down-2 Created with Sketch.

Drill Rig arrives and work commences on Great Southern Mining’s Southern Star Deposit



Great Southern Mining - Interview With Sean Gregory and John Terpu - April


(20min delay)
Last
4.6¢
Change
0.000(0.00%)
Mkt cap ! $20.93M
Open High Low Value Volume
4.7¢ 4.7¢ 4.5¢ $23.36K 509.2K

Buyers (Bids)

No. Vol. Price($)
1 14089 4.6¢
 

Sellers (Offers)

Price($) Vol. No.
5.2¢ 100000 1
View Market Depth
Last trade - 15.45pm 27/07/2021 (20 minute delay) ?
GSN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.