Golden State Mining Plans Aggressive Drilling Campaign for 2025

December 09, 2024 11:24 AM AEDT | By Team Kalkine Media

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Golden State Mining Plans Aggressive Drilling Campaign for 2025 — Image source: Shutterstock

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Highlights

Golden State Mining (GSM) identifies three new drill targets after an independent review.

4,000-meter aircore drilling planned for the Yule Project in early 2025.

Results from Canning Hill and Southern Cross East support exploration priorities.

Golden State Mining (ASX:GSM) is preparing for a dynamic start to 2025 with a drill-focused exploration strategy informed by a recent independent review of its exploration data. The review, conducted by RSC Consultants, highlighted three high-priority targets for the company’s flagship Yule Project, along with further validation of exploration efforts at the Canning Hill and Southern Cross East projects.

The Yule Project, located in Western Australia, remains a central focus for Golden State Mining. A 4,000-meter aircore drilling program is planned for the first quarter of 2025. This initiative builds on insights gained from the independent review, which assessed the potential of the Yule Project tenements in proximity to the De Grey Hemi gold discovery. The Yule Project's strategic location continues to drive the company's commitment to uncovering its full potential.

Drilling proposals for Canning Hill and Southern Cross East have also been submitted to the Western Australian government, signaling a broader exploration push across Golden State Mining’s portfolio. Recent fieldwork at these sites has further bolstered confidence, particularly at Canning Hill, where rock chip and soil sample results align closely with data from previous operators.

Michael Moore, Managing Director of Golden State Mining, emphasized the importance of the review in shaping the company’s exploration strategy. "The review has provided critical insights, allowing us to prioritize areas with the most promising potential," he stated. Moore also highlighted the alignment of recent results at Canning Hill as a validation of the company’s exploration approach, particularly at Target 2, which now stands as a key drill target.

The Southern Cross East project has also shown promising soil anomalies, further supporting its inclusion in the exploration program for 2025. These findings reflect Golden State Mining’s comprehensive approach to advancing its assets and maximizing the value of its tenement portfolio.

The planned drilling activities and exploration efforts underline Golden State Mining's proactive stance in unlocking value across its Western Australian projects. With its diversified portfolio and strategic focus, the company is poised for a busy and potentially transformative year ahead.

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