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Cerro Negro assays return 20m @3.3% Cu & 270g/t Ag
Cerro Negro assays return 20m @3.3% Cu & 270g/t Ag.
About this update from Great Southern Copper Plc
[{"type":"text","content":"\n\n \nTHIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.\n \n26 February 2025\n \nGreat Southern Copper plc\n(\"GSC\" or the \"Company\")\n \nFirst assays from Cerro Negro return 20m @ 3.3% Cu and 270g/t Ag from 27m depth\n \nIncludes 7m @ 5.72% Cu and 490g/t Ag from 31m depth\n \nGreat Southern Copper plc (LSE: GSCU), the company focused on copper-gold-lithium exploration in Chile, is pleased to report exceptional first assay results from Phase I drilling at the Mostaza Mine, Cerro Negro.\n \nHighlights:\n \n· Assay results received for hole CNG25 DD001 drilled at the historical Mostaza Mine include:\n \nØ 20m @ 3.31% Cu, 269.89g/t Ag from 27m depth\nØ Including 7m @ 5.72% Cu, 489.57g/t Ag from 31m depth\nØ Including 3m @ 6.62% Cu, 562.67g/t Ag from 35m depth\n \n· Peak assay grades of 6.79% Cu, 583g/t Ag and 0.35% Sb\n· CNG25 DD001 assay grades for Cu and Ag over 600% higher than historical grades reported for adjacent 1980's drillhole EDH251 indicates potential for significant under-reporting of historical assay results\n· Strike and depth continuity of visible mineralisation confirmed by GSC drill holes2 with mineralisation open in all directions\n· Assay results for remaining Phase I drill holes, CNG25 DD002 - 009, are pending\n· Planning for follow-up resource and exploration drilling underway\n· GSC holds option to own 100% of the Mostaza mine and Cerro Negro project\n· Prospect located at low elevation with excellent access to infrastructure and mining services\n \nSam Garrett, Chief Executive Officer of Great Southern Copper, said: \"This is a tremendously significant result for both copper and silver. These exceptional and exciting assay grades demonstrate that the former Mostaza mine has the potential to be a high-grade high-value Cu-Ag deposit.\n \nDrill hole CNG25 DD001 was designed specifically to verify the width and...