FinTechFunding

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
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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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