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Results up to 6.9% Cu and 1.85g/t Au at Victoria
Results up to 6.9% Cu and 1.85g/t Au at Victoria.
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 03 April 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 Rock Chip Assay Grades up to 6.9% Cu and 1.85g/t Au in Outcrop from Victoria Prospect\n \n \n \n \n \n \n \n \n \n Mapping identifies multiple mineralised vein-breccia structures\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 results from its mapping and sampling activity at the 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 Assay grades in rock chips up to 6.9% Cu and 1.85g/t Au from outcropping vein-breccias,\n \n \n ·\n \n 25%\n \n of outcrop samples assay over 1% Cu and 50% of samples assay over 0.3% Cu\n \n \n ·\n Multiple outcropping vein breccias have been mapped over a 1000 x 600m area\n \n \n ·\n Potential for additional vein-breccia structures under shallow cover\n \n \n ·\n No previous drilling in the target area\n \n \n ·\n Exploration to define drill targets underway\n \n \n \n \n Victoria is one of several prospects currently under investigation within GSC's Especularita Project. The prospect comprises a field dominated by 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 trial programme of float sampling indicates that the vein-breccia material is highly anomalous in copper and gold with assays grading up to 2.1% Cu and 4.29g/t Au (as reported in the Company's release on 27 March, 20231). Subsequent mapping to locate the potential source of the high-grade copper mineralisation has identified outcrops of structurally-controlled vein-breccia in multiple locations over an ...