Great Southern discovers high-grade gold in WA project

smh.com.au

Great Southern Mining has reported promising results from its Duketon project in Western Australia. The company found a remarkable sample of gold, with one metre grading at 70.94 grams per tonne within a five-metre section averaging 14.57 grams per tonne. The drilling campaign, which began in January, included a total of 3,678 metres. The initial assays from the first 18 drill holes show good results, and the company is eager to see the results from the remaining 20 holes. In addition to the high-grade hit, the drilling also recorded 8 metres at 1.77 grams per tonne and 6 metres at 1.19 grams per tonne in shallower areas. Matthew Keane, the managing director, expressed confidence in the geological team's targeting ability. He noted that the drilling is consistently hitting gold-rich areas near predicted locations. The deep drilling has also indicated high-grade gold, with examples like 1 metre at 18.21 grams per tonne from 99 metres depth. The Golden Boulder prospect has a long history of gold production, dating back to the early 1900s. It lies in a rich gold-producing region next to significant mining operations. The proximity to other large mines enhances its appeal and could offer strategic advantages for future exploration. In addition to focusing on the Duketon project, Great Southern is collaborating with Gold Fields Ltd in Queensland. They are seeking large gold-copper systems at their Edinburgh Park project. Recent surveys have indicated promising anomalies that could suggest the presence of significant mineral deposits. With the gold market currently strong, Great Southern's new drilling results could significantly benefit the company and attract more interest from investors.


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