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The latest update is out from Great Southern Copper PLC ( (GB:GSCU) ).
Great Southern Copper has reported strong partial assay results from step-out diamond drill hole DD042 at the Cerro Negro prospect in Chile, confirming a southern extension of the Mostaza copper-silver system. The hole, drilled about 300m south of historic workings, intersected multiple mineralised zones including 21.8m at 1.04% copper and 52.26g/t silver, with a high-grade interval of 1.6m at 6.55% copper and 319.75g/t silver.
The new intercepts extend the Mostaza mineralised trend to more than 400m of strike, with mineralisation remaining open to the south and at depth and showing a complex, multiphase stacked geometry with additional lead-zinc-silver zones. These results, received amid longer assay turnaround times in Chile, are driving the design of a fully funded Phase IV drilling campaign focused on in-fill and step-out drilling to potentially link and expand the Lens 2 mineralisation and further test the broader Cerro Negro system.
The most recent analyst rating on (GB:GSCU) stock is a Sell with a £2.00 price target. To see the full list of analyst forecasts on Great Southern Copper PLC stock, see the GB:GSCU Stock Forecast page.
Spark’s Take on GB:GSCU Stock
According to Spark, TipRanks’ AI Analyst, GB:GSCU is a Neutral.
The score is primarily driven by weak financial performance (pre-revenue, widening losses, and sustained negative free cash flow), partially offset by the absence of reported debt. Technical signals are mixed-to-weak, with price below the 20-day average and low momentum indicators, while valuation impact is limited due to missing P/E and dividend yield.
To see Spark’s full report on GB:GSCU stock, click here.
More about Great Southern Copper PLC
Great Southern Copper is a London-listed exploration company focused on copper, gold and silver projects in Chile. Its flagship Especularita Project includes the Cerro Negro prospect and the historic Mostaza mine, located at low elevation with good access to mining infrastructure, positioning the company to advance new discoveries in a key global copper-producing region.
Average Trading Volume: 3,507,951
Technical Sentiment Signal: Sell
Current Market Cap: £17.19M
For detailed information about GSCU stock, go to TipRanks’ Stock Analysis page.