Golden State Mining: Completes stage one AC drilling at Yule South

  • Golden State Mining (GSM) has completed aircore (AC) drilling over five gold targets at its Yule South project
  • The phase one AC drilling program, which included 199 holes for 13,275 metres, was completed on August 11
  • The company has now received the final assay results, which also includes work at Target 4 and follow-up drilling at Target 1
  • Target 1 has labelled as GSM’s main priority — here, the company is planning further drilling over the infusive contact zone
  • Now, Golden State is getting ready for phase two drilling, which will commence in the first week of October
  • On the market this morning, Golden State is down 1.96 per cent on the market this morning and is trading for 25 cents per share
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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