Business
Float Sampling at Victoria Prospect Completed
Float Sampling at Victoria Prospect Completed.
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 27 March 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 Float Sampling at Victoria Prospect Completed with Grades up to 2.1% Cu and 4.29g/t Au\n \n \n \n \n \n \n \n \n \n Multiple vein-breccia targets identified\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 announce final assay results from its trial rock float sampling programme at its Victoria prospect, one of several prospects currently under evaluation at the Especularita Project.\n \n \n \n \n \n \n Highlights:\n \n \n \n ·\n Vein-breccia style mineralisation with assay results up to\n \n 2.1% Cu\n \n and\n \n 4.29g/t Au\n \n ,\n \n \n ·\n \n 39%\n \n of rock float samples assay over\n \n 1% Cu\n \n , and\n \n 67%\n \n of samples assay over\n \n 0.5% Cu\n \n ,\n \n \n ·\n Multiple outcropping vein-breccia structures identified with evidence of high-grade copper,\n \n \n ·\n Prospect exploration on-going with results from mapping and outcrop sampling expected,\n \n \n ·\n No previous drilling in the prospect area.\n \n \n \n \n The Victoria prospect is one of several areas currently under investigation within GSC's Especularita Project. Victoria comprises a gently sloping field covered by soil and copper-mineralised float (surface boulders) located adjacent to the southern margin of the Colorada advanced argillic lithocap. The mineralised float is characteristic of high-grade, structurally-controlled vein breccias.\n \n A programme of float sampling was trialed on an approximate 200 x 200m grid across the boulder field with samples collected on approximately 25m intervals. The programme was designed to characterise the mineralisation style and grade and identify potential outcropping source rocks.\n \n \n \n \n \n Sam Garrett, Chief Executive Officer of Great ...