Great Southern Copper PLC (LSE:GSCU) managing director Sam Garrett discusses the expansion of drilling targets at the Mostaza mine at the Cerro Negro project in Chile with Proactive's Stephen Gunnion.
Garrett highlighted the discovery of significant zones of low-grade mineralization surrounding the original high-grade deposit. This expansion could significantly increase the scale of their upcoming maiden drill program.
Garrett mentioned that historical drilling hasn't found the edges of the system, indicating a large volume of copper that still needs to be fully explored. He emphasised the importance of this discovery, given the current favourable copper prices and advancements in technology. The company is currently finalising preparations for the drill program, including environmental and archaeological surveys and negotiations with local communities.
"We're well into it, and we're looking forward to getting started," Garrett said, noting that exploration efforts continue across the broader Especularita project, with teams actively working on sampling and mapping other licenses.