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Golden State Mining Ltd.

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Summary

Project:

Cue

Deposit:Cue, Light of Asia
Location:Australia
Commodities:Gold
Date:1/25/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:25-1-2019: Golden State Mining Ltd. announces an Exploration/Drilling Update report for its Cue, Light of Asia deposit at the Cue project. Drilling results incl. 3.0m @ 20.06g/t Au from 64m. Golden State Mining Limited (ASX:GSM, ‘Golden State’ or the ‘Com
Resources:x
CP/QP:[Overall Report]: Geoff Willetts (Internal)
ABSTRACT:Golden State Mining Limited (ASX:GSM, ‘Golden State’ or the ‘Company’) is pleased to announce encouraging high grade gold results from the shallow RC program and broad structural alteration zones intersected in the diamond drilling program at Cue. Golden State’s Managing Director, Mike Moore, commented: “The Company’s first RC drill program at Cue has been successful in demonstrating significant prospectivity down-dip and along strike of historic workings and previous drilling but more importantly, revealing new high-grade gold intercepts away from the historic workings. The Company is further encouraged by the observations obtained from the first two deep diamond holes that suggests previously unrecorded alteration and structure will assist in interpreting possible sources of mineralisation. We are very pleased by the early results of our strategy at Cue to systematically assess the shallow high-grade potential and the deeper targets beneath an established underexplored goldfield.”

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