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Great Southern Mining Limited (ASX:GSN)

ALERT: Price-sensitive ASX Announcement for GSN
Current share price for GSN : $0.021 -0.006 (-22.22%)+
Announcement
Release
17 Aug 2026 8:18AM
Price at Release
$0.027
Full Release
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Summary
Great Southern Mining Limited (GSN) announced significant gold mineralisation at its Mon Ami Gold Project, highlighted by a drilling intercept of 16 meters at 3.37 g/t gold. The reverse circulation drilling program of 16 holes has extended known mineralisation by up to 70 meters down dip and 55 meters down plunge. Mon Ami holds a JORC (2012) Resource of 1.56 million tonnes at 1.11 g/t Au for 55.5K ounces of gold, with assays pending for further holes. The project benefits from a strategic location near Laverton and existing gold processing facilities, suggesting strong development potential.
Key Points
  • Great Southern Mining Limited (GSN) reported significant gold mineralisation at its Mon Ami Gold Project.
  • A standout drilling intercept was recorded at 16m with a grade of 3.37 g/t gold.
  • The reverse circulation (RC) drilling program included 16 holes covering 3,089 meters.
  • Mineralisation has been extended by up to 70 meters down dip and 55 meters down plunge.
  • Mon Ami currently has a JORC (2012) Resource of 1.56 million tonnes at 1.11 g/t Au for 55.5K ounces of gold.
  • The project is located within a mining license and close to multiple operating gold plants.
  • Assays are pending for additional holes at the Mon Ami site and the Golden Boulder discovery in the Duketon Gold Project.
  • The site is strategically positioned near Laverton in Western Australia, enhancing its development potential.
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.