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Great Southern Mining (ASX:GSN) - CEO, Sean Gregory - The Market Herald
CEO, Sean Gregory
Source: Business News
  • Great Southern Mining (GSN) will resume operations at the Western Australian Cox's Find Project in December
  • A preferred drilling contractor has been secured and operations are set to resume next month
  • Up to 4000 metres of drilling will be undertaken to test three target areas, as well as test extensions to the project
  • Work will be completed in the south, the southeast, and the north
  • Great Southern has ended the day in the grey with shares trading for 8.2 cents each

Great Southern Mining (GSN) will resume operations at the Western Australian Cox's Find Project in December.

It is situated roughly 70 kilometres north of Laverton in the Duketon Greenstone Belt, and is in close proximity to Regis Resources' (RRL) multi-million ounce Garden Well discovery.

Recent drilling at Cox's Find returned a significant result of five metres at 80g/t gold from 160 metres, including one metre at 404g/t.

So far, a preferred drilling contractor has been secured and operations are set to resume next month.

Up to 4000 metres of drilling will test three target areas, as well as extensions to the project.

1000 metres of drilling will test the southern area for extensions to Cox's Find, 2000 metres will be drilled to test the highest grade target in the southeast, and 1000 metres to test the northern-most target.

"We are pleased to announce that drilling operations at Cox's Find will resume next month. This follows our comprehensive geological review of the spectacular gold results encountered earlier during 2020," CEO Sean Gregory said.

"The drilling program seeks to expand on the Cox's Find high-grade gold mineralisation at depth and test two high priority near mine targets for possible repeats along strike," he added.

Great Southern has ended the day in the grey with shares trading for 8.2 cents each in a $34.1 million market cap.


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