GSN has just completed the Maiden drilling program on the Amon Ami Project in which 5,500m of RC drilling was completed. The initial program showed near surface gold mineralisation with continuing mineralisation below surface which has potential for a gold deposit.
GSN hold multiple tenements in Northern Queensland which include:
- Szarbs Tenement – Interpreted high sulphidation system with anomalous silver, gold and molybdenum.
- Sledgehammer – Interpreted low sulphidation system with high grade gold, silver and molybdenum.
- Molongle – Confirmed high sulphidation system with low grade gold and silver in significant downhole intervals in exploration drilling.
- Fish Creek – Confirmed low sulphidation system with low grade silver over an extensive epithermal vein system.
GSN has a highly qualified and experienced Management team to deliver results. John Terpu is Executive Chairman and has had success in the past with a company called Conquest Mining Ltd which was taken over. GSM is being built the same way.
- EV- relatively cheap $9m~~
- Top 20 hold 94% of the registry – if something is found these can easily run hard
- Directors hold – 42%
- Chairman, Turpu has personally invested circa AUD$3.5m + in to GSM
- Maiden resource is due
- Drilling results due
- New drill program is imminent
- Potential acquisitions
- Track records of the team
- All money raised goes in to the ground
- Quality projects.
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- Drilling results maiden resource due
Drilling results maiden resource due
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