they will need a CR but will be after WA and QLD drill results imho.
will they pull the rabbit out of the hat hope so .
why the 6 year option for Goldfields??????
ASX:GSN • AGM Presentation • Nov 2023
6
▪ Belt scale play with ~1,750km2 tenure surrounding 1.7Moz Au Eq Mt Carlton Mine
▪ Prospective for gold-copper porphyry mineralisation, as well as high and low
sulphidation gold-silver-copper mineralisation
▪ 29 epithermal and porphyry targets identified by GSN1
▪ High priority targets at the Molongle, Mt Dillion, Red Rock, Leichhardt Creek and
Sledgehammer target areas
Gold Fields Earn-in
▪ Gold Fields spending up to A$15m over 6 years to earn a 75% interest2
▪ Minimum spend of A$2.5m in the first 2 years
▪ Gold Fields also subscribed to A$1m GSN shares for a 5.4% holding
▪ Gold Fields is the ideal partner with experience and funding to discover major
porphyry/epithermal deposits
▪ Geophysics commencing in Q4 2023 then drilling expected in early-2024
- Forums
- ASX - By Stock
- Ann: Drilling underway at Southern Star
they will need a CR but will be after WA and QLD drill results...
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