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Great Southern Mining Limited ( (AU:GSN) ) has provided an announcement.
Great Southern Mining has reported an exploration update for its Edinburgh Park Project in northern Queensland, where joint venture partner Gold Fields is earning up to a 75% stake through a A$15 million spend. Gold Fields has completed the 2025 field season with six diamond drill holes across three targets, confirming strong quartz-sulphide veining and pervasive hydrothermal alteration at Leichhardt Creek, which supports the potential for large intrusion-related gold systems despite the absence of economic grades to date. Assays from drilling at the Megan Veins and Molongle targets are still pending, while geophysical and geochemical work continues to refine additional prospects. With an induced polarisation anomaly at Mt Dillon slated as the first drilling focus after the wet season in early 2026, the partners emphasise that exploration over the province-scale tenement is still in its early stages, but see the growing pipeline of high-priority targets as strategically important for unlocking a new large-scale gold camp in the region.
The most recent analyst rating on (AU:GSN) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Great Southern Mining Limited stock, see the AU:GSN Stock Forecast page.
More about Great Southern Mining Limited
Great Southern Mining Limited is an Australian gold exploration company with a focus on large-scale epithermal and intrusion-related gold systems in northern Queensland. Its flagship Edinburgh Park Project covers about 1,560 square kilometres in a prolific gold region that hosts major deposits such as Ravenswood, Mt Leyshon and Mt Carlton, and targets both epithermal gold-silver mineralisation in Permian volcanics and porphyry and intrusion-related gold-copper-molybdenum systems in underlying Carboniferous rocks.
Average Trading Volume: 1,267,337
Technical Sentiment Signal: Buy
Current Market Cap: A$48.84M
For an in-depth examination of GSN stock, go to TipRanks’ Overview page.