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An update from Great Southern Mining Limited ( (AU:GSN) ) is now available.
Great Southern Mining Limited has identified a second large-scale induced polarisation (IP) anomaly at the Edinburgh Park JV, specifically at the Mt Dillon target in Northern Queensland. This discovery follows a previous detection at the Leichhardt Creek target and suggests the potential presence of porphyry gold-copper and/or epithermal gold deposits. The company has entered into an Early Works Agreement with the Juru People for heritage protection and plans to commence drilling in the June Quarter of 2025, subject to seasonal and survey conditions. The ongoing geophysical surveys and mapping are expected to uncover further targets, potentially enhancing the project’s value and appeal to stakeholders.
More about Great Southern Mining Limited
Great Southern Mining Limited operates in the mining industry, focusing primarily on exploration and development of gold and copper deposits. The company is engaged in various projects, with a significant interest in the Edinburgh Park Project located in Northern Queensland.
YTD Price Performance: 46.67%
Average Trading Volume: 1,030,459
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$21.73M
Find detailed analytics on GSN stock on TipRanks’ Stock Analysis page.