GSM
Current market cap of 3.7 million
Cash as per Dec quarterly of 1.7 million
Just announced (please see recent announcement):
De Grey Mining Limited has recently made an announcement of a potentially major gold discovery in the Pilbara Craton
Golden State’s 100% owned Yule Project is located ~13km north west of De Grey’s Hemi discovery
The Yule Project consists of 702 km2 of ground granted and under application and captures a significant portion of the Pilbara Craton
Golden State’s drilling is planned to commence in early Q2 2020
Afternoon trading Feb 12, page-113
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