Great Southern thrills with 17m at 7gt gold hit south of Southern Star
Great Southern’s Duketon Belt tenements continue to excite with drilling intersecting a thick zone of high-grade gold 200m south of known mineralisation at Southern Star.
Importantly, the intersection of 17m grading 7 grams per tonne (g/t) gold from a depth of 111m including 1m at 109g/t gold is positioned on a “lookalike” magnetic high feature that is also found at the Southern Star deposit.
Great Southern Mining’s (ASX:GSN) extensional reverse circulation drilling has now extended mineralisation at the deposit to 700m of strike.
Chief executive officer Sean Gregory says that discovering high grade gold where no drilling has previously been carried out is an exciting development for the company.
“It demonstrates that the 12km strike of this well understood mineralised trend is likely to hold more ounces on GSN tenure; we now just have to find out how many more,” he added.
“In terms of mineralisation style, Southern Star is the same as Ben Hur and Rosemount which have progressively grown into company-making deposits, and we see no reason for this not to also occur at Southern Star.”
The Southern Star deposit is located on the same, largely unexplored 12km trend as the Ben Hur and Rosemount deposits within the company’s Duketon gold project about 45km north of Laverton, Western Australia.
Great Southern’s featured intersection was part of a nine-hole program that was completed on areas of Southern Star that required follow-up drilling based on the maiden RC drill program.
It targeted a dislocated magnetic high that is interpreted to represent alteration assemblages or a possible cross-cutting structure which is indicative of shear-hosted gold deposits.
Other results such as 39m at 0.4g/t gold from 116m including 1m at 3.6g/t gold indicates that mineralisation is likely to be part of a larger gold system.
Assays are pending from drilling from the centre and northern end of the Southern Star deposit with the company now planning for high-priority follow-up drilling as soon as possible.
This article was developed in collaboration with Great Southern Mining, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.