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Great Southern Mining Limited (ASX:GSN)

ALERT: Price-sensitive ASX Announcement for GSN
Current share price for GSN : $0.023 -0.004 (-14.81%)+
Announcement
Release
17 Apr 2026 9:55AM
Price at Release
$0.027
Full Release
download
Summary
Great Southern Mining Limited (GSN) is advancing its exploration efforts at the Edinburgh Park project in northern Queensland, Australia, focusing on the Mt Dillon target. This area has shown significant potential due to the presence of a large-scale chargeability anomaly detected through gradient array IP surveys. The planned exploration includes diamond drilling to further explore the Mt Dillon target, which is considered highly prospective due to its advanced argillic alteration and IP anomaly, indicative of a preserved intrusive system. The exploration strategy is supported by a joint venture with G Ex Australia Pty Ltd, a subsidiary of Gold Fields Ltd. The document outlines detailed geological settings, drilling information, and future exploration plans, emphasizing the area's potential for discovering large copper-gold deposits.
Key Points
  • Great Southern Mining Limited focuses on Edinburgh Park exploration.
  • Mt Dillon target identified as highly prospective due to IP anomaly.
  • Joint venture with G Ex Australia Pty Ltd and Gold Fields Ltd supports exploration.
  • Diamond drilling planned to explore Mt Dillon's intrusive system potential.
  • Geological settings include advanced argillic alteration and preserved lithocap features.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.