https://www.miningweekly.com
Copper|Exploration|Gold|PROJECT|Resources|Drilling
Copper|Exploration|Gold|PROJECT|Resources|Drilling
copper|exploration|gold|project|resources|drilling

Great Southern to raise cash for Duketon project

10th April 2024

By: Creamer Media Reporter

     

Font size: - +

Exploration company Great Southern has announced a placement to raise A$1.24-million to grow its Western Australian gold resource base and test several advanced targets in the Duketon Belt.

In addition, certain directors have committed to participate in the placement to the value of A$562 000 at the same price as the placement shares.

“With the backdrop of a rising gold price, it is an exciting time to be embarking on gold exploration in tier-one jurisdictions such as Western Australia and Queensland. The company’s key objective for the coming 12 months is to translate gold discoveries at its 100%-owned Duketon gold project into economic mineral resources,” said MD Matthew Keane.

Global gold miner Gold Fields is also about to start drilling at Great Southern’s Edinburgh Park, in northern Queensland.

Gold Fields can earn up to 75% in the project by spending A$15-million over six years.

The Edinburgh project is prospective for large-scale epithermal and porphyry gold/copper/silver mineralisation.

Edited by Creamer Media Reporter

Comments

 

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
ESAB showroom image
ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 03 May 2024
Magazine round up | 03 May 2024
3rd May 2024
Resources Watch
Resources Watch
2nd May 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.116 0.152s - 92pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: