Great Southern Mining to Restart Drilling at High-Priority Edinburgh Park Target

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

Great Southern Mining says drilling at its Edinburgh Park joint venture in northern Queensland will restart after the wet season, with initial diamond holes to test the Mt Dillon target, a high-priority induced polarisation anomaly interpreted as a potential intrusive centre. Early-stage drilling at the Molongle and Megan Veins prospects failed to explain historic high-grade surface gold results but identified alteration consistent with a distal epithermal system, while further geophysical and geochemical work scheduled from May is expected to refine additional intrusion-related gold system targets across the 1,565sq km project.

The company emphasises that exploration over the province-scale tenure remains in its infancy despite multiple targets displaying key traits of large-scale gold systems, including deep-seated structures, pervasive hydrothermal alteration and coincident geochemical anomalies. With Gold Fields able to spend up to A$15m to earn a 75% stake, the ramp-up in drilling and surveying at Edinburgh Park could be pivotal in defining new gold discoveries in a well-endowed district and in shaping Great Southern Mining’s growth trajectory within the Australian gold exploration sector.

More about Great Southern Mining Limited

Great Southern Mining Limited is an Australian exploration company focused on gold and related minerals, with a significant landholding at Edinburgh Park in northern Queensland. The project targets large-scale epithermal and intrusion-related gold systems in a region that hosts major deposits such as Ravenswood, Mt Leyshon and Mt Carlton, and is being advanced through an earn-in joint venture with Gold Fields.

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