Great Southern Mining bust out the treasure map to go a-huntin’ for gold at Duketon
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Multiple exploration programs are being designed at the Duketon Gold Project and will include a combination of multi-element soils and geochemical programs to provide additional drill ready targets.
These programs will explore the high priority target corridors or shear zones hosting the bulk of mineral deposits in the Duketon Greenstone Belt which Great Southern (ASX:GSN) shares with gold producer Regis Resources (ASX:RRL).
Regis was itself in the news recently, after a stunning morning on the market which saw a double-digit percentage price increase on the ASX – a clear sign that investors can see there are big things ahead at Duketon.
Following the return of recent, exceptional drilling results at the Company’s Southern Star deposit – where hits of up to 69m at 1.1 g/t gold from 39m including a higher-grade core of 10m at 3.5 g/t gold were received – Great Southern says these programs will target known mineralisation zones to delineate further follow-up targets.
This is part of an overarching strategy to discover and to grow mineral resources at the Duketon Gold Project.
GSN executive chairman John Terpu says the Duketon Belt is a well understood greenstone belt with three main shear zones hosting millions of ounces and the Company expects more to be found.
“Our outstanding results from our latest round of drilling reinforce that Southern Star is shaping up as a very sizable gold deposit,” he says.
Having such a large amount of the historically under explored gold bearing trends on GSN’s tenure has the Company’s exploration team working to design more follow up programs on these highly prospective corridors.
“It is likely to be the first resource of potentially several deposits to be discovered along this portion of the Duketon Belt.
A slimline reverse circulation (RC) program at the Amy Clarke Prospect is also being designed, noting that previous results have delineated a kilometer-scale anomalous gold trend with a standout intersection of 5m at 8.2 g/t gold, including 1m at 33.5 g/t gold from 33m in hole 21ACAC0147.
An extensive multielement soil program north and south of Southern Star is currently underway.
The use of trace level multielement soils was pivotal in defining the Amy Clarke prospect and this same technique will be used to test the strike further afield on this well recognised mineralised corridor
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