Great Southern Copper Launches Ground Magnetics Survey at Viuda Prospect in Chile

Great Southern Copper PLC ( (GB:GSCU) ) has issued an announcement.

Great Southern Copper PLC has initiated a 250 line-kilometre ground magnetics survey at its Viuda gold-copper prospect within the Especularita project in Chile. This work aims to identify magnetic intrusives indicative of large-scale Maricunga-style porphyry gold-copper deposits, following scout drilling that demonstrated promising mineralization results. The company’s efforts underline the prospect of discovering high-grade mining centers within the region, strengthening its position in a globally significant mining hub. The anticipated Phase II drilling in early 2026 and favorable logistical conditions further amplify the project’s strategic importance.

Spark’s Take on GB:GSCU Stock

According to Spark, TipRanks’ AI Analyst, GB:GSCU is a Neutral.

The overall stock score is impacted heavily by the company’s challenging financial performance due to no revenue and negative cash flows, despite a strong equity position. Positive technical trends and encouraging corporate events contribute positively, but financial instability remains a key concern. The absence of valuation data further complicates the investment thesis.

To see Spark’s full report on GB:GSCU stock, click here.

More about Great Southern Copper PLC

Great Southern Copper PLC is a UK-listed mineral exploration company focusing on copper, gold, and silver deposits in Chile. The company is strategically positioned to support the global copper market, a critical resource for the clean energy transition. With exploration projects like Especularita in Chile’s coastal metallogenic belt, GSC targets both large-scale low-to-medium grade and high-grade copper-related deposits.

Average Trading Volume: 2,575,579

Technical Sentiment Signal: Buy

Current Market Cap: £19.63M

For a thorough assessment of GSCU stock, go to TipRanks’ Stock Analysis page.