GSM has several sets of assay results due shortly: Paynes Find...

GSM has several sets of assay results due shortly:

Paynes Find (Li) Project

Selected samples have been submitted for preliminary mineralogical test work including XRD analysis to identify the mineral suite in these samples. These results are expected in early May and will directly influence proposed follow-up exploration, including whether to immediately proceed to drilling.


Yule (Au-Li) Project
Nomad Li prospect

Work at the Nomad prospect continued with the collection of 12 single metre split RC samples, selected from a broad interval of downhole lithium anomalism (refer to ASX announcement dated 24 October 2023) which were assayed and submitted for petrographic and mineralogical analysis. The assay results supported the validity of the anomalous composite sample results and confirmed the continuity of the lithium assay values. Petrographic and mineralogy results are expected early May.


Southern Cross East (Au) Project



A recent field trip completed during the quarter (refer to ASX announcement dated 12 March 2024) was completed to the project to prioritise targets interpreted from anomalous gold in soil and gold pathfinder assay values (refer to ASX announcement dated 18 August 2023). Three additional check soil samples (Figure 6) were collected over the highest priority target using conventional methods over peak ‘gold in soil’ anomaly values. Reconnaissance mapping was completed, and three reconnaissance rock chip samples were collected over an interpreted diorite intrusion and pegmatitic outcrops. Assay results are expected early May.

Looking forward to the Results !!!!