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Great Southern Mining (ASXX:GSN) - Chief Operating Officer, Mark Major - The Market Herald
Chief Operating Officer, Mark Major
Source: Proactive
  • Great Southern Mining (GSN) has begun drilling at its Mon Ami Gold Project in Western Australia
  • The aim of this program is to expand the maiden mineral resource estimate that was identified in 2018
  • Once drilling has finished, the reverse circulation drill rig will return to the Cox's Find Gold Project
  • Great Southern has ended the day 3.03 per cent in the red, with shares trading for 16 cents each

Great Southern Mining (GSN) has begun drilling at its Mon Ami Gold Project in Western Australia.

Mon Ami is made up of one mining lease and one exploration licence and lies within the Mt Margaret Mineral Field, 12 kilometres southeast of Laverton.

This drilling program follows a successful 2018 reverse circulation (RC) program that presented a maiden mineral resource estimate of 1.1 million tonnes at 1.7g/t gold for 59,000 ounces.

This program will consist of between 2500 metres and 3000 metres of drilling with aims to expand the resource.

Other highlights from the 2018 program include two metres at 32.8g/t gold from 74 metres, two metres at 27.6g/t gold from 173 metres, and four metres at 10.1g/t gold from 31 metres.

"The Mon Ami deposit is a key asset of the company, which we intend to progress in conjunction with the other exciting projects we have in our portfolio," Chief Operating Officer Mark Major stated.

"It is open along strike and at depth, with this current program focusing on finding gold-bearing extensions along strike. There are many old shafts and historical diggings to the north and south of the current resource area which need further exploration," he added.

Once drilling has finished, the RC drill rig will return to the Cox's Find Gold Project for phase two of the program.

Great Southern has ended the day 3.03 per cent in the red, with shares trading for 16 cents each in a $67.33 million market cap.


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