Great Southern Copper PLC ( (GB:GSCU) ) has provided an update.
Great Southern Copper PLC has commenced Phase II drilling at its Mostaza Cu-Ag prospect in Cerro Negro, Chile, utilizing two diamond drill rigs to expand resource areas and test new exploration targets. This drilling phase aims to build on the promising results from Phase I, with plans to drill up to 1,500 meters and potentially extend operations based on findings, which will also inform future metallurgical and geotechnical studies, enhancing the company’s exploration efforts in a significant mining jurisdiction.
More about Great Southern Copper PLC
Great Southern Copper PLC is a UK-listed mineral exploration company focused on discovering copper-gold and lithium deposits in Chile. The company has options to acquire full rights to two projects in Chile’s coastal belt, known for large-scale copper-gold deposits, and is strategically positioned to support the global copper market, crucial for the clean energy transition.
YTD Price Performance: 185.71%
Average Trading Volume: 2,741,880
Technical Sentiment Consensus Rating: Sell
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