@Arh0070 you might like this !?! The 800lb gorilla in GSN’s...

@Arh0070 you might like this !?!
The 800lb gorilla in GSN’s corner

Over in Queensland, the company’s Edinburgh Park project is a province or belt-scale play that surrounds the Mt Carlton mine that is currently on care and maintenance.
“We have ground that is prospective for really big mineralisation styles such as epithermals, porphyries and intrusion-related gold-copper-silver systems,” Keane noted.
“We invited partners last year and we got Gold Fields, who right now are the fourth or fifth largest gold company globally and are earning 75% of the project by spending $15m on exploration over six years.
“There’s no interim ownership, so they have to stick to the whole $15m to earn the 75%. It is a nice, clean earn-in agreement.”
Gold Fields wasted little time after closing the deal in October 2023, starting work in November though drilling will have to wait until the wet season ends, which is expected to occur after April.
“The key there is that you have got a gold major who is not looking for 1-2Moz, they are looking for monster 5-30Moz type of discovery,” Keane noted.
“They are looking for huge systems and if we end up with 25% of one of those after the earn-in is completed, we would be more than happy. That’s a great outcome for us.”