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The latest update is out from Great Southern Mining Limited ( (AU:GSN) ).
Great Southern Mining Limited announced a series of strategic developments in its quarterly activities report. Key highlights include the sale of a mining license to Regis Resource Ltd for up to A$9 million and the initiation of a strategic data sharing alliance to expedite discoveries in the Duketon Greenstone Belt. The company has also commenced diamond drilling at its Edinburgh Park Project and completed an aircore drilling program at the Amy Clarke Prospect. Additionally, GSN received co-funded drilling grants from the Western Australian Government and began a significant reverse circulation drilling program at the Golden Boulder prospect. These activities underscore GSN’s proactive approach to expanding its exploration footprint and enhancing its resource base, potentially impacting its market positioning and stakeholder interests.
More about Great Southern Mining Limited
Great Southern Mining Limited operates in the mining industry, focusing primarily on gold exploration. The company holds significant exploration licenses in the Duketon Greenstone Belt in Western Australia and is engaged in advanced exploration projects, including the Amy Clarke and Golden Boulder prospects.
Average Trading Volume: 756,331
Technical Sentiment Signal: Buy
Current Market Cap: A$30.9M
For detailed information about GSN stock, go to TipRanks’ Stock Analysis page.