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Transaction Announcement Reports
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Project: | Edinburgh Park | |
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Deposit: | Rocky Ponds | |
Location: | Australia | |
Commodities: | Silver-Copper-Zinc-Gold | |
Date: | 7/5/2019 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 5-7-2019: Great Southern Mining Ltd. announces an Exploration/Drilling Update report for its Rocky Ponds deposit at the Edinburgh Park project. Drilling results incl. 20m @ 14.7ppm Ag, 0.08% Cu, 0.23% Zn from 56m. On 11 February 2019 GSN announced the dis | |
Resources: | x | |
CP/QP: | [Overall Report]: Bryce Healy (Noventum Group Pty Ltd.) | |
ABSTRACT: | On 11 February 2019 GSN announced the discovery of a new breccia hosted intrusive related gold system (IRGS) mineralised system located at its Edinburgh Park Project in North Queensland. The discovery followed a detailed geological mapping and geochemical program undertaken through late 2018 and early 2019. The Rocky Ponds breccia was considered to be an immediate “drill ready” target with excellent logistical access and exciting rock chip results at surface returning up to 0.38 g/t gold and 6.9 g/t Ag silver confirming associated gold and silver mineralisation. The Company decided to fast track a small RC drill program to test potential mineralisation and understand more of the geology and hydrothermal system to progress exploration methods. The small drilling program tested the shallow extensions of the discovery area defined by the mapping and rock chip sampling program to date and consisted of 5 reverse circulation (RC) holes for a total of 600m. The drilling has been successful in establishing the presence of a well-developed high-sulphidation epithermal system below the surface of the discovery outcrop. | |
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