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An announcement from Great Southern Mining Limited ( (AU:GSN) ) is now available.
Great Southern Mining Limited has received an initial A$4 million cash payment from the sale of a mining license, with potential for further contingent payments. This funding will accelerate exploration at the Duketon Gold Project, where significant drilling is planned at the Amy Clarke and Golden Boulder prospects. The company holds a substantial land position in the Duketon Greenstone Belt, with numerous targets for exploration. In Queensland, diamond drilling continues at the Edinburgh Park Project, with promising prospects for large-scale gold systems.
More about Great Southern Mining Limited
Great Southern Mining Limited is a company operating in the mining industry, focusing primarily on gold exploration and resource development. The company is actively engaged in projects within the Duketon Greenstone Belt in Western Australia and the Edinburgh Park Project in Queensland, targeting large-scale intrusive-related gold systems.
Average Trading Volume: 786,381
Technical Sentiment Signal: Sell
Current Market Cap: A$24.92M
For a thorough assessment of GSN stock, go to TipRanks’ Stock Analysis page.