close
close

Great Southern Copper Reports First Assay results




















Published by Jess Watts, editorial assistant


Global mining assessment,






Great Southern Copper PLC, the company that focuses on copper-gold lithium exploration in Chile, has reported extraordinary first assay results from phase 1 drilling in the Mostaza-Mine Cerro Negro.

Highlights:

  • Assay results for Loch CNG25 DD001, which were drilled in the historical Mostaza mine:
  1. 20 m @ 3.31% CU, 269.89 g/t AG from 27 m depth.
  2. 7 m @ 5.72% CU, 489.57 g/t AG from 31 m depth.
  3. 3 m @ 6.62% CU, 562.67 g/t AG from 35 m depth.
  • Peak -Assay classes of 6.79% CU, 583 g/t AG and 0.35% SB.
  • CNG25 DD001-Assay notes for CU and AG over 600% higher than the historical classes, which were reported for the adjacent Bohrloch-EDH25 of the 1980s, indicates significant sub-reporting of historical assay results.
  • Strike and deep contininuity of visible mineralization, confirmed by GSC drill holes with mineralization in all directions.
  • Assay results for the remaining phase -1 drill holes, CNG25 DD002 -009, are still pending.
  • Planning the follow-up resource and exploration drilling.
  • GSC has the option of owning 100% of the Mostaza Mine and Cerro -Negro project.
  • Prospect at a low height with excellent access to infrastructure and mining services.

Sam Garrett, Chief Executive Officer from Great Southern Copper, said:

“This is an enormously significant result for copper and silver. These extraordinary and exciting assay notes show that the former Mustaza mine has the potential to be of high-quality Cu-AG deposit.

“The borehole CNG25 DD001 was specially developed to check the width and degree of mineralization, which was reported in the historic Bohrloch EDH25 and contained 25.33 m of 0.53% CU. Drill samples for EDH25 were examined in non -certified local facilities in the early 1980s, so it was important to confirm the correctness of these results from the start. The Assay classes for CNG25 DD001 are significantly higher than the historically registered EDH25 results, and if this is confirmed in other GSC boreholes, this could have a positive effect on the potential economy of Mostaza resource.

“We are confident that the remaining GSC holes on the Mostaza will return further exciting results and look forward to updating the market. The planning of the next drilling phase and the metallurgical test work is already underway. “

Read the article online at: