Sept 27 Ongoing drilling operations are being conducted at the Yule Project in the Mallina Basin of the Pilbara region. The primary focus is on exploring lithium and gold targets in this area.Golden State Mining ASX is currently making significant progress in its exploration activities at the Yule Project, located in the Mallina Basin of the Pilbara region.
The company has commenced AC drilling on lithium and gold targets, aiming to uncover potential mineral resources in these areas.
This ongoing drilling program signifies the commitment of Golden State Mining ASX to further explore and evaluate the resource potential of the Yule Project. By focusing on lithium and gold targets, the company aims to tap into the growing demand for these valuable minerals and capitalize on their economic potential.
As drilling continues, it is expected that more information will be revealed regarding the presence and quality of lithium and gold deposits at this promising site. Stay tuned for updates from Golden State Mining ASX as they strive to uncover new opportunities in this highly prospective region. The program is expected to have a duration of approximately four weeks. Up to 8,000 meters of air-core drilling will be conducted at Yule, targeting multiple areas. The upcoming program at Yule is set to be an exciting endeavor in the world of drilling. With an expected duration of approximately four weeks, this project aims to conduct up to 8,000 meters of air-core drilling across multiple targets.
This extensive drilling campaign will allow for a comprehensive assessment of the potential mineral resources in the area. By utilizing air-core drilling techniques, researchers can efficiently extract samples from various depths and gain valuable insights into the geological composition of Yule
. The data obtained from this program has the potential to unlock new discoveries and provide crucial information for future mining operations in the region.The Nomad Li prospect involves the testing of structural and geophysical targets on a recently acquired tenement.
Additionally, the Balla Yule Ni-Co-Li prospect focuses on the interpretation of a deformed mafic-ultramafic layered intrusive complex. These exploration efforts aim to uncover valuable resources and provide insight into the geological composition of these areas.
The Yule East Au prospect is a site of interest for gold exploration. Further investigation is needed to explore potential gold targets and establish similarities with Archaean gold deposits. This follow-up study has the potential to offer valuable insights that can greatly benefit future mining operations in the area.The Quarry Well Pb-Zn prospect is a site that shows promising signs of hosting volcanic-hosted massive sulphide (VHMS) deposits.
VHMS deposits are valuable mineral resources characterized by their association with volcanic activity. In this case, the presence of VHMS pathfinders and a coincident VTEM conductor suggests the potential for significant mineralization in this area.
IMO
GSM Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
