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Golden State Mining Ltd.

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Summary

Project:

Cue

Deposit:The Patch, Light of Asia North
Location:Australia
Commodities:Gold
Date:8/2/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:2-8-2019: Golden State Mining Ltd. announces an Exploration/Drilling Update report for its The Patch, Light of Asia North deposit at the Cue project. Drilling results incl. 4m @ 7.5g/t Au from 7m. Golden State Mining Limited (ASX: GSM, ‘Golden State’ or t
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 the results of its recent drill program at the Cue Project. The Reverse Circulation (RC) program has delivered encouraging shallow high-grade gold results from the first drilling at ‘The Patch’ prospect with a best result of 4m @ 7.5g/t from 7m including 1m @ 20.3g/t from 8m in 19GSPARC0001 (Figure 1-2). Further drilling at the Light of Asia North prospect has confirmed the presence of the mineralised Light of Asia gold trend 500m north of the historic workings. Geochemical sampling at the Cuddingwarra Project has also been completed and outlined 2 gold in soil anomalies over priority geophysical targets. Golden State’s Managing Director, Mike Moore, commented: “Our ongoing assessment of shallow mining potential within the Cue Project area continues to surprise us by delivering high grade gold assay results close to surface demonstrating the potential of the area as a whole. Our first field program at Cuddingwarra has also delivered encouraging gold in soil anomalies that compliments existing geochemical targets requiring immediate follow up in the coming quarter”.

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