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Golden State Mining Ltd. ( (AU:GSM) ) just unveiled an announcement.
Golden State Mining Ltd. has received approval for a 1,000-meter air-core drill program at its Southern Cross East project, targeting a significant ‘gold in soil’ anomaly. The company is also advancing its Yule and Canning Hill Gold Projects with heritage surveys and geochemical reviews, while maintaining a cash position of $1.04 million at the end of the March quarter. These developments highlight GSM’s ongoing commitment to enhancing its gold-focused exploration portfolio, potentially impacting its market positioning and stakeholder interests.
More about Golden State Mining Ltd.
Golden State Mining Limited is an exploration company focused on gold, lithium, and base metals. The company operates 100% owned projects located in Western Australia, emphasizing the exploration and development of mineral resources.
Average Trading Volume: 797,611
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.51M
See more insights into GSM stock on TipRanks’ Stock Analysis page.