Great Southern Mining (ASX:GSN) Identifies Second Large-Scale IP Target at Edinburgh Park JV
Exploration Update
Great Southern Mining Limited (ASX:GSN) has identified a second large-scale, shallow induced polarisation (IP) chargeability anomaly at the Mt Dillon target within the Edinburgh Park Project in Northern Queensland. This discovery follows the earlier identification of a similar IP anomaly at the Leichhardt Creek target area. Both anomalies are interpreted to potentially host porphyry gold-copper and/or epithermal gold deposits.
Future Plans
The company has entered into an Early Works Agreement with the Juru People, the recognised traditional owners of the northern tenements of Edinburgh Park. This agreement ensures heritage protection for all exploration activities, including drilling. Diamond drilling is scheduled to commence in the June Quarter of 2025, pending the end of the wet season and completion of heritage and environmental surveys. Additionally, ongoing IP and helicopter-borne aeromagnetic (HeliMag) surveys aim to identify further targets within the project area.
Executive Comments
GSN’s Managing Director, Matthew Keane, commented: “It is exciting to see large IP anomalies directly below two of the most favoured targets within the Edinburgh Park Project, namely Mt Dillon and Leichhardt Creek. What makes these targets even more compelling is the coincident geochemical anomalism, favourable structural settings, proximal gold bearing breccia pipes and surface alteration that is consistent with an underlying acidic, fluid saturated intrusive system. Project JV partners, GSN and Gold Fields, are both eager to commence drilling, which is likely to commence in the second quarter of CY2025 once the northern Queensland wet season has subsided. In the meantime, ongoing geophysical surveys and on-ground mapping have the potential to generate further targets within previously identified and newly identified target areas”.
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