They are currently drilling a 10,000m drill campaign on land...

They are currently drilling a 10,000m drill campaign on land very close to the DEG Hemi deposit that has many similarities to the Hemi deposit.

"Managing director Mike Moore told * that the interpretation of aeromagnetic, regional gravity and ASTER/LANDSAT data showed similar geological settings to Hemi, including some major structures and large granitoid bodies and possibly other intrusions."

Further they are using a very experienced drilling team that also helped to discover the Hemi deposit for DEG. These guys know the area better than anyone.



Further the Company has a team of very experienced Geologists on board including the manager Mike Moore.

Further they intending to follow the current drilling campaign with another 10,000m drilling campaign in September.

"Golden State is replicating De Grey’s Hemi discovery model, which involves a more tightly spaced 640m by 80m drill pattern.The company has already identified several high priority gold drill targets. First results from drilling are expected in early August. Not wasting any time, Golden State has also submitted a Heritage Survey request to cover additional target areas at Yule. This will lead into a second +10,000m drilling campaign that is planned to start in September."

The likelihood of them finding Gold is very high.....