Great Southern Mining Ltd (ASX:GSN) is set to resume drilling early next month at Cox’s Find gold deposit in the Duketon Greenstone Belt of Laverton Gold District in WA.
Multiple layers of exploration data, including lithology, geophysics, geochemistry and structure, have identified several drill-ready targets for near-mine repeats of the Cox’s Find deposit.
The gold explorer, with significant land holdings in the world-renowned districts of Laverton in WA and Mt Carlton in North Queensland, has appointed its preferred reverse circulation drilling contractor.
Gold targets queuing up
Great Southern Mining chief executive officer Sean Gregory said: “We are pleased to announce that drilling operations at Cox’s Find will resume next month.
“This follows our comprehensive geological review of the spectacular gold results encountered earlier during 2020.
“The drilling program seeks to expand on the Cox’s Find high-grade gold mineralisation at depth and test two high priority near mine targets for possible repeats along strike.
“This is part of our broader plans across our portfolio of exploration projects where gold targets are now queueing up for drill testing.”
4,000-metre program
The drill program of up to 4,000 metres will initially include testing of three target areas:
➢ 1,000 metres to test the southern search space for extensions of the Cox’s Find deposit;
➢ 2,000 metres to test the highest ranked regional target at the southeast corner of M38/170 where the target lithologies, structures and geochemical anomalies all co-exist; and
➢ 1,000 metres to test the northern-most target where the main regional mineralised shear intersects crosscutting structures and lithology.
Deposit extensions
Recent drill results at Cox’s Find not only included several spectacular high-grade intersections of up to 5 metres at 80 g/t gold from 160 metres, including 1-metre at 404 g/t gold, but also a highly significant 15 metres at 1.01 g/t intercept from 167 metres in hole 20CFRC034.
These results open up an entirely new search space immediately to the south of the high-grade unmined panel delineated by recent spectacular high-grade drill intersections.
The thickness of the intercept may be indicative of a mineralised halo surrounding a nearby high-grade extension to the Cox’s Find ore body.
Great Southern Mining believes the orientation of the high-grade shoot may be wrenching from their generally south-easterly plunge to the southern search space as a result of drag folding that aligns with south trending shear zones.
The program will include up to five 200-metre deep holes to test this southern search space.