GSM Golden State Mines
14th August 2020
Yule South Delivers First Pass Gold Hits
Highlights:
▪ Phase 1 Aircore program completed over 5 gold target areas
▪ Gold in assays from multiple holes in Targets 1 & 5 (Targets 2, 3 and 4 – assays pending)
▪ Target 1 returned best intercept of 8m @ 0.92g/t Au from 96m incl. 4m @ 1.81 g/t Au from 96m (20GSYSAC002)
▪ Target 5 returned best intercept of 19m @ 91ppb Au from 46m incl. 4m at 350ppb Au from 58m (20GSYSAC0062)
▪ Multiple anomalous +100ppb gold intersections
▪ Phase 2 & follow up drilling planned in September 2020
https://www.asx.com.au/asxpdf/20200814/pdf/44lhbjn07bb011.pdf
IMO there is a good chance the options will be on the money prior to Christmas and their expiry date. DYOR.
GSM Golden State Mines14th August 2020Yule South Delivers First...
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