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High-Grade Samples up to 5.97% Cu and 13.7g/t Au
High-Grade Samples up to 5.97% Cu and 13.7g/t Au.
About this update from Great Southern Copper Plc
[{"type":"text","content":"\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 \n11 July 2023\n \nGreat Southern Copper plc\n(\"GSC\" or the \"Company\")\n \nHigh-Grade Cu-Au in Rock Chip Samples from Teresita up to 5.97% Cu and 13.7g/t Au\n \nPlanning and permitting for scout drilling to progress at Teresita\n \nGreat Southern Copper plc (LSE: GSCU), the company focused on copper-gold exploration in Chile, is pleased to announce an update to its exploration programme at the Teresita prospect located within the Especularita project.\n \nHighlights:\n· Results for 160 rock chip samples received with assay grades up to 5.97% Cu and 13.7g/t Au\n· High-grade Cu-Au mineralisation hosted in outcropping quartz-carbonate vein-breccias\n· Mapping indicates multiple vein-breccias outcropping over a cumulative strike length of 5km\n· GSC ground position increased to capture extent of the Teresita mineralisation\n· Further results for rock chip samples and orientation soil sampling programme pending\n· Planning for scout drill targeting is underway\n \nSam Garrett, Chief Executive Officer of Great Southern Copper, said: \"Exploration at Teresita over the last few months has produced very exciting results which we are confident will translate to multiple drill targets for multiple deposit types of high-grade copper and gold mineralisation. We look forward to receiving the results of our drone magnetic survey which will help to optimise the location of drilling targets for the exploration programme at Teresita.\"\n \nPrevious reconnaissance exploration at Especularita identified high-grade Cu-Au mineralisation associated with vein-breccias with reported assay grades up to 7.22% Cu and 13.1g/t Au1. Since that time, GSC has embarked on a programme of prospect-scale mapping and sampling with the aim to delineate the scale of the system and identify potential targets for a scout drilling campaign. Additionally, the Compa...