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Great Southern Mining Flags Resource Growth Potential at Mon Ami Gold Project

Story Highlights
  • Great Southern Mining’s latest aircore drilling at Mon Ami returned promising gold intercepts north and northwest of the existing resource, hinting at a new parallel lode.
  • With mineralisation remaining open and key permits in place, Mon Ami is emerging as a near-term gold development opportunity for Great Southern Mining near established processing facilities.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Great Southern Mining Flags Resource Growth Potential at Mon Ami Gold Project

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Great Southern Mining Limited ( (AU:GSN) ) has shared an announcement.

Great Southern Mining has completed interpretation of results from a 2,146-metre aircore drilling program at its Mon Ami Gold Project in Western Australia, identifying promising gold intercepts north and northwest of the current 55,500-ounce JORC Mineral Resource. The new assay results, including indications of a possible parallel lode and confirmation that mineralisation remains open in several directions and at depth, support the potential for resource growth and reinforce Mon Ami’s appeal as a near-term development opportunity given its advanced permitting status and location near operating and planned gold processing plants.

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 and development company focused on advancing its 100%-owned projects in Western Australia, including the Mon Ami Gold Project. The company targets near-term development opportunities in established gold districts, leveraging proximity to existing and planned processing facilities to potentially fast-track project advancement.

Average Trading Volume: 1,227,553

Technical Sentiment Signal: Buy

Current Market Cap: A$48.84M

Find detailed analytics on GSN stock on TipRanks’ Stock Analysis page.

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