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 substantial shareholder acquires additional shares

8th Sep 2011, 7:05 am

Gunson Resources (ASX: GUN) substantial shareholder John Tilbrook acquired 2,737,059 shares between 10th November 2010 and 8th August 2011 at $0.195 per share.

The purchase was made for a consideration of $536,301 and Tilbrook now holds a 6.7% stake in the company.

Gunson announced yesterday that it has completed the first hole of the 2011 drilling program testing for high grade copper-gold at its 49%-owned Mount Gunson project, located in the Australian Olympic Copper-Gold Province.

The Olympic belt is over 500 kilometres long and contains about 75% of the known copper resources in Australia. The project straddles about 10% of the belt as four contiguous exploration licences covering about 1,320 square kilometres.

Drilling at the Emmie Bluff Prospect is being funded by Xstrata Copper  subsidiary Noranda Pacific Pty Limited.

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