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Great Southern Mining (ASX:GSN) commences drilling at Southern Star

Mining
ASX:GSN      MCAP $16.35M
02 July 2021 11:10 (AEST)

GSN drill rig. Source: GSN

Great Southern Mining (GSN) has commenced drilling at its Southern Star project, located within the Duketon Project in Laverton, Western Australia.

Drilling is expanding on the 2017 and 2018 drilling results, which recorded 15 metres at 6.5 grams per tonne (g/t) gold, including four metres at 23.3 g/t gold.

The gold miners is expecting the drilling program to continue over the next few months with an initial 4500 metres committed at both Southern Star and the nearby One Weight Wonder.

Commencement of the drilling was delayed by mobilisation of GSN’s preferred drilling contractor due to the commissioning of the drilling equipment taking longer than expected.

However, the delay did have a positive, giving the exploration team time to review historical dataset with a view of adding additional drill targets to the scope of the drill program. These additional targets will be released shortly.

CEO Sean Gregory is excited to commence the reverse circulation drilling program at the project.

“The drilling is aimed at building on the previous excellent exploration results from 2017-2018 that were achieved from less than 10,000 metres of drilling,” he said.

“We also intend to test the first of our regional exploration targets including the nearby One Weight Wonder prospect. Beyond that we are finalising our plans to extend the drilling campaign to other regional prospects across our broader 450km2 Duketon Project.”

On the market this morning, GSN is up 8.89 per cent and is trading at 4.9 cents per share at 10:13 am AEST.

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