Great Southern Copper PLC (LSE:GSCU) said its focus for the current twelve months will remain the Especularita prospect in Chile after good momentum in the year just ended.
Sam Garrett, chief executive, said: “We made good progress across our project portfolio, with excellent results from our exploration campaigns, establishing a very strong pipeline of drill targets.
"Our Especularita copper-gold project remains our primary focus. The impressive assay results and magnetic surveys have bolstered our confidence in the project's potential, and we are excited to push forward with our follow-up exploration activities.
“Our recent acquisitions of Artemisa and Cerro Negro further expand our footprint at Especularita, strategically positioning us to unlock value from these highly prospective areas with significant potential.
"The next six to twelve months promise to be an exciting period for the company, with plans in place to drill our priority targets: Cerro Negro, Victoria, and Aurelia.
“Our strengthened financial position enables us to commence our exploration drilling plans at Cerro Negro, ensuring that we maximise the value of our asset base.”
Losses for the year ending March 2024 were £1.76 million (£1.3 million).