Great Southern Copper PLC (LSE:GSCU) CEO Sam Garrett talked with Proactive’s Tylah Tully about the company’s diamond drilling program underway at the Cerro Negro prospect in Chile.
Garrett provided insight into the company’s focus on high-grade copper and silver, with potential gold.
He explained, “We're targeting zones of 10 metres of over one percent copper and maybe 50 to 100 grams of silver,” emphasising the significance of silver’s performance in today’s market.
The drilling program is building on historical data, including a previous non-compliant resource associated with the Mostaza mine.
The first drill holes aim to confirm historical grades and thicknesses while expanding the resource southward, potentially by another two kilometres.
Garrett outlined the timeline for initial results, which could take 4 to 6 weeks, and mentioned exciting findings from the RC scout program at Viuda, which confirmed a porphyry system.