Additional Information
Market: ASX
Sector: General Mining - Copper
EPIC: GUN
Latest Price: A$0.14  (3.85% Ascending)
52-week High: A$0.25
52-week Low: A$0.12
Market Cap: A$29.82M
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Gunson Resources
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.

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Gunson Resources poised to release results from Fowlers Bay Nickel project

24th Mar 2011, 12:24 am

Gunson Resources (ASX: GUN) within the next fortnight will release exploration results from a down-hole transient electromagnetic (TEM) geophysical measurements in two diamond drill holes at the Fowlers Bay Nickel project.

Gunson said if these results are 'sufficiently attractive', the company will then consider further drilling, which is supported by the TEM conductor defined during surface geophysical surveys in 2008 and 2009.

These surveys identified two promising nickel sulphide targets.

Adding to the potential of the project, a State Government geology publication from the 1990's stated that the area is highly prospective for base metals, using a comparison of the aeromagnetic pattern with the Thompson nickel belt of Manitoba, Canada.

Fowlers Bay comprises a 700 square kilometre exploration licence located about 150 kilometres west of Ceduna, in South Australia.

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