GSN 0.00% 1.5¢ great southern mining limited

Ann: Drilling underway at Southern Star, page-12

  1. 5,270 Posts.
    lightbulb Created with Sketch. 1516
    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
 
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