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Drilling confirms copper target at San Lorenzo
Drilling confirms copper target at San Lorenzo.
About this update from Great Southern Copper Plc
[{"type":"text","content":"\n \n \n THIS 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 \n \n \n \n \n 12 September 2022\n \n \n \n \n \n \n \n \n Great Southern Copper plc\n \n \n \n \n (\"GSC\" or the \"Company\")\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Drilling confirms fracture-hosted copper target at San Lorenzo Project\n \n \n \n \n \n \n \n \n \n First Five Holes Completed in Maiden Drilling Program\n \n \n \n \n \n \n Great Southern Copper plc (LSE: GSCU), the company focused on copper-gold exploration in Chile, is pleased to announce that the first five holes of its scout diamond drilling programme at its San Lorenzo project have been successfully completed.\n \n \n \n \n \n \n Highlights:\n \n \n \n \n \n \n ·\n Five scout diamond drill holes completed at two prospect locations, Chinchillon and Central, for a total of 1,667.5m\n \n \n ·\n Sheeted fracture-hosted mineralised system confirmed with veinlet and locally disseminated sulphides, including pyrite, chalcopyrite and molybdenite observed in all holes\n \n \n ·\n First 167 samples for SLD005 submitted to ALS laboratories in La Serena\n \n \n ·\n Drilling now testing monzonite-hosted sheeted fracture-vein swarm mineralisation with associated zones of unidirectional solidification textures (UST's) at Las Hermanas prospect.\n \n \n \n \n \n Diamond drill holes SLD005 to SLD009 targeted highly oxidised sheeted fracture-veins mapped and sampled in outcrop and trenches at the Chinchillon and Central prospects. The holes were planned to test the concept that iron oxide minerals seen on the exposed surfaces of sheeted fractures in outcrops and in trenches is potentially indicative of iron-copper sulphide mineralisation at depth. Geological mapping at San Lorenzo suggests that the sheeted fracture-veins defines a large (>15 km2) alteration system characterised by actinolite-quartz-Kfeldspar\n ±\n FeCu sulphide\n ±\n magnetite fracture filling within biotite granodiorite.\n \n \n \n \n \n At the Chinchillon prospect scout diamond holes S...