Great Southern Mining (ASX: GSN) has reported the occurrence of visible gold bearing mineralisation in diamond drill core from the Cox’s Find gold project near Laverton, WA.
Multiple occurrences of visible gold identified within quartz veining in diamond drill core 20CFRCD0004.
The visible gold is an indication of the potential high-grade nature of the Cox’s Find deposit.
Diamond drill core is currently being geologically logged and orientated. Core is to be cut and assays to be completed immediately.
Hole 20CFRCD0004 was drilled immediately down plunge from the known historic Cox’s Find workings and was designed to intersect an area of known high-grade mineralisation that has previously been identified from the recent 2019 December drill campaign.
GSN’s Chief Operating Officer, Mark Major commented:
“This is a very exciting time for the company – seeing multiple occurrences of visible gold in drill core is always a good sign. I’ve personally driven up to site to inspect the core. This is the first diamond core that has been drilled through the mineralised sequence and gives an invaluable insight to the geological setting and the potential existence of high-grade mineralisation. The geological team are processing the core now, to get as much information as possible from the core in order to understand the structural orientation of the mineralisation and to unlock the geological model to aid future drill campaigns.”