Golden State Mining Limited (ASX: GSM) is a gold exploration company listed on the Australian Securities Exchange since November 2018. The Company is headquartered in Perth, Western Australia.
Golden State’s project portfolio includes the Yule Project, Murchison Project and Four Mile Well Project. GSM holds exploration assets with significant potential. The company’s management and technical team are committed to undertake aggressive exploration campaigns across its portfolio projects.
The Yule Project is stationed between 45 kilometres and 65 kilometres SW of Port Hedland in the Western Australia’s Northern Pilbara region. Located at a major geological terrane boundary, the Yule Project is close to or hosts major regional structures including the Sholl Shear Zone, Mallina Shear and Yule River Shear. The Yule Project tenements underwent a geophysical review (mid-2019) which assessed intrusive complex, regional structure and stratigraphy in the Yule area along with the identification of several priority targets.
The Murchison Project consists of separate tenement holdings that target gold-bearing hosts in various geological settings. The project includes Cuddingwarra, Big Bell South and Cue which boast of a number of high priority targets, requiring additional exploration. The Cuddingwarra Project is considered highly prospective to the regional gold exploration strategy of GSM. Notably, the tenements are regarded positive and ‘Greenfields’ exploration ground. The Big Bell South Project is located 20km south of the Big Bell gold mine hosting multi-million gold ounces.
The Four Mile Well Project is stationed 9 kilometres north of the Laverton townsite in the Eastern Goldfields The region is highly mineralised with several major gold as well as nickel deposits near the Four Mile Well Project area.