www.gunson.com.au
Gunson Resources is focused on exploration for and development of mineral deposits in Australia. Since its public listing in 2000, Gunson has discovered then completed a Definitive Feasibility Study, in January 2010, on its Coburn Zircon Project in Western Australia and completed a Pre Feasibility Study, in October 2009, on its Mount Gunson Copper Project in South Australia.
A 15 month Bankable Feasibility Study on the Mount Gunson commenced at the end of 2009, with strong interest being shown by several commodity trading houses in funding this Study and the subsequent mine development.
Gunson Resources gains approval to drill Fowlers Bay nickel sulphide target
Gunson Resources (ASX: GUN) has reported that approval has been received from South Australian Government regulators to commence a diamond drilling program in the Yellabinna Regional Reserve, some 150 kilometres west of Ceduna in South Australia.
The exploration target is craton margin Proterozoic nickel sulphide deposits on the western side of the Gawler Craton and the drilling program is designed to test a strong Transient Electromagnetic (TEM) conductive zone at least 200 metres long, open to the north east.
This target is at approximately 100 metres depth and was first reported as an airborne TEM conductor in July 2008. Two phases of ground TEM in late 2008 and early 2009 respectively defined the drilling target.
The Eucla Basin sediments lie in an interpreted offshore position from zircon rich fossil beach deposits currently being mined along an ancient shoreline by Iluka Resources (ASX: ILU) at Jacinth-Ambrosia, 60 kilometres to the north.
The basement magnetic units are believed to be Proterozoic mafic and ultramafic rocks prospective for nickel sulphides in the Fowler Orogenic Zone.
Gunson expects drilling to commence in September 2010, after completion of an early exploration stage aboriginal heritage clearance.



















