Golden State Mining (ASX:GSM) Completes Yule Phase Two Air-Core Program

  • November 20, 2020 12:22 PM AEDT
  • Team Kalkine
    Team Kalkine
    admin Team Kalkine
    16957 Posts

    Team Kalkine comprises of experts who understand various markets nuances and are enthusiastic and passionate to provide best possible offerings in the form of insights and stories. The team has rich experience of working across different markets with...

Gold and base metals exploration company Golden State Mining Limited (ASX:GSM) has announced the recent successful completion of its phase two air-core (AC) program at the Yule project situated in the Mallina Basin. The program was concluded ahead of schedule and under budget, bringing the total drilling at Yule in 2020 to 28,400m. 

The drilling in phase two program was undertaken on four targets at Yule North and two targets on Yule South, with 196 drill holes drilled for 15,125m.

The Company anticipates the first assay results in late-November while further results are expected throughout December.

The results of the first two reconnaissance drill programs will form the basis for GSM’s targeting program to be undertaken in 2021.

On 20 November 2020 (AEDT 11:37 AM), GSM traded higher by more than 2 per cent to AUD 0.235.

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.

 

   
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK