Golden State Mining (ASX:GSM) Releases September 2020 Quarterly Report

October 30, 2020 02:28 PM AEDT
Team Kalkine

Gold and base metals exploration company Golden State Mining Limited (ASX: GSM) has released its Quarterly Report for the period ended 30 September 2020. During the period, the Company undertook extensive activities at its flagship Yule Project.

The Company completed its Phase 1 Yule South Aircore (‘AC’) drilling over five gold target areas in August this year with a total of 199 holes drilled for a total advance of 13,275 metres. The assays received returned multiple +100ppb gold intersections, broad zones of hydrothermal alteration and quartz veining.

The Company during the quarter also acquired significant aeromagnetic data set for the Yule project. Golden State Mining commenced up to 15,000m of Phase 2 program in the first week of October 2020.

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