GSN 0.00% 2.0¢ great southern mining limited

Ann: High-Grade at depth at Mon Ami, page-3

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    Very solid results, and importantly Sean confirmed that the mineralisation supports mining economics of Mon Ami and there is underground mining potential.

    https://hotcopper.com.au/data/attachments/2960/2960367-fea9c7b40306c3541034e419aa5b014c.jpg
    In terms of building upon the 1.1Mt in the initial JORC, these results show the extension:

    https://hotcopper.com.au/data/attachments/2960/2960372-4753c661cc603fa1f9cb459a29a4d039.jpg

    These results are to add to the 2020 results in Moni Ami (11m @7.9 g/t gold from 26m and 4m @ 12.4 g/t gold) - so it seems that the 1.1Mt will be sizeable upgraded, and given Sean has stated they are going for resource upgrade and approvals in Q2, it looks like this will be mined.

    I think the Cox finds will be the most interesting given the Golden Star acquisition so hopefully these follow as well in the next few days.

    Not bad results already for a company with a MC of $35mil and still have results for its bigger and now more strategic tenement to come this week.

 
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