Source: Great Southern Mining
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Great Southern Mining (GSN) reports encouraging drill results from a recently completed aircore program at the Amy Clarke gold prospect in WA
  • The stand-out assays was eight metres at 6.7 g/t gold including four metres at 12.5 g/t gold from 32 metres
  • The company says the shallow drill intersections show excellent correlation with kilometre-scale gold in soil anomalies and form a newly defined mineralised trend
  • Multi-element, bottom-of-hole analysis results are yet to be received, which will then be used to vector in on deep drill targets
  • GSN shares are flat 6.5 cents

Great Southern Mining (GSN) has returned encouraging assay results from a recently completed aircore drilling program at the Amy Clarke prospect within its Duketon gold project in Western Australia.

The best of the drill intersections from the regional Amy Clarke target, located 60 kilometres north of Laverton, was eight metres grading 6.7 grams per tonne gold from 32 metres including four metres at 12.5 g/t.

The company said the shallow aircore drill intercepts show excellent correlation with kilometre-scale gold in soil anomalies and pathfinder elements and form a newly defined “coherent” mineralised trend.

Both the scale and strike continuous anomalism highlight the potential of the Amy Clarke prospect to host a significant gold deposit at depth, according to Great Southern.

The company was awaiting bottom-of-hole, multi-element analysis data, which it said would then be used to vector in on deeper drill targets at Amy Clarke.

GSN shares were steady at 6.5 cents at 2:44 pm AEDT.

GSN by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX200 takes a slide into the weekend

The ASX200 shed 0.85% today – with every sector – except materials, losing ground. IT stocks…

Week 20 Wrap: EU-to-China cargoes up 12% YTD; US CPI tame

US inflation was the biggest data drop of the week; Anglo American is restructuring to fend…
The Market Online Video

Market Update: ASX dips with only materials afloat

The ASX is down nearly half a per cent - on par with future's predictions -…

Patagonia grows portfolio of REE and lithium-focused territory with exploration grants

Patagonia Lithium Ltd has been granted an additional 15 exploration licences in Argentina where it is…