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Transaction Announcement Reports
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Project: | Mon Ami | |
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Deposit: | Mon Ami | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 7/16/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 16-7-2018: Great Southern Mining Ltd. announces an Exploration/Drilling Update report for its Mon Ami deposit at the Mon Ami project. Drilling results incl. 14m @ 5.41g/t Au from 64m. The Directors’ of Great Southern Mining (‘Great Southern Mining’ or ‘GS | |
Resources: | x | |
CP/QP: | [Overall Report]: Byrce Healy (Noventum Group Pty Ltd.) | |
ABSTRACT: | The Directors’ of Great Southern Mining (‘Great Southern Mining’ or ‘GSN’) are pleased to announce the first assay results from the Reverse Circulation (RC) exploration drilling program recently completed at the Company’s 100% owned Mon Ami gold project (ML38/1256) near Laverton, Western Australia (Figure 1 & Figure 2 overleaf)). A total of 40 RC holes for 5,500m were drilled as part of this program, designed to test the near-surface gold mineralization observed at Mon Ami. The program followed up on the success of previous drilling completed by Valleybrook Investments Pty Ltd in the second half of 2017. The holes were designed as an infill program of holes drilled to the east, targeting zones of westerly-dipping gold mineralization in the hanging wall of a major shear zone. The drill results improve the understanding and continuity of shear hosted mineralization. The new gold hits have extended the known mineralised envelope along strike to the north and also at depth. The mineralisation now extends over a strike length of 400 meters, and to a depth of approximately 150 meters below surface. The drilling results are still being interpreted and modelled with the objective of undertaking a Maiden Resource estimate on the deposit. | |
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