Business
Exploration update at Especularita and San Lorenzo
Exploration update at Especularita and 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 20 February 2023\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 Exploration update at Especularita and San Lorenzo\n \n \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 provide an update of its exploration programmes in Chile.\n \n \n \n \n \n \n Highlights:\n \n \n \n \n \n \n \n \n ·\n Drill-ready targets for structurally-controlled, high-grade Cu-Au style mineralisation defined at Teresita prospect\n \n \n ·\n High-grade Cu-Au assay results received from rock and float sampling at Victoria prospect up to 2.72% Cu and 4.29 g/t Au\n \n \n ·\n Regional stream sediment survey has commenced at Especularita project with 184 samples collected to date\n \n \n ·\n High grade Cu-Au assay results of reconnaissance samples up to 7.3% Cu and 2.9 g/t Au collected from mine dump material of skarn style mineralisation within and adjacent to newly defined Aurelia project located in the southeast portion of the Especularita project\n \n \n ·\n Exploration concession area increases with 5,704 hectares (\"ha\") added at the Especularita project and 2,193 ha added at San Lorenzo project\n \n \n ·\n All drill-core samples from the San Lorenzo scout drilling programme are with ALS Laboratories and the Company will update in due course\n \n \n \n \n \n \n \n \n Sam Garrett, Chief Executive Officer of Great Southern Copper, said:\n \n \"Momentum at Especularita is rapidly building with prospect-scale mapping and sampling at the Victoria and Teresita prospects demonstrating evidence for the potential of high-grade Cu-Au mineralisation. Both projects are approaching drill-ready status targeting high-grade structurally-controlled vein breccia style Cu-Au mineralisation. Our regional exploration work at Especularita has also generated a new target, the Aurelia proj...