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The latest announcement is out from Great Southern Mining Limited ( (AU:GSN) ).
Great Southern Mining has reported further shallow, high-grade gold intercepts from initial reverse circulation drilling at its Golden Boulder discovery within the Duketon Gold Project in Western Australia. Assays from the first 27 holes of a 56-hole program over the northern 650 metres of the 3.7-kilometre Golden Boulder trend have confirmed multiple near-surface mineralised zones, reinforcing confidence in the continuity of mineralisation and the potential to define a maiden resource. The project, located between major deposits owned by Regis Resources and Genesis Minerals, benefits from a favourable structural setting and historical high-grade workings, while the current campaign aims to extend known mineralisation southward and test previously underexplored sections of the trend. Remaining assay results are expected by mid-February, and drilling is scheduled to resume with deeper, government-co-funded diamond holes and further RC work to test both strike and depth extensions, potentially enhancing GSN’s resource base and strategic position 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 focused on advancing its 100%-owned Duketon Gold Project in Western Australia. The company is targeting structurally controlled, high-grade gold systems along a prolific north–south trend that hosts several multi-million-ounce deposits operated by larger regional players, positioning GSN as an emerging explorer in a well-established gold-producing district.
Average Trading Volume: 1,212,093
Technical Sentiment Signal: Buy
Current Market Cap: A$48.84M
Learn more about GSN stock on TipRanks’ Stock Analysis page.