Gold, lithium, and base metals exploration company Golden State Mining Limited (ASX: GSM) has kicked off a reverse circulation (RC) drilling programme Target 2A at the Yule Project in the Pilbara, Western Australia.
GSM has secured a drill contractor and commenced a lithium-gold focused RC program testing Target 2A on its Yule project.
First pass RC drilling (circa 10 holes, 1500m) will test a shallow sand-covered, complex greenstone-granitoid structural setting and coincident, elevated to anomalous LCT pathfinder and gold air-core (AC) intercepts recorded in 2021 reconnaissance drilling.
We are extremely pleased to announce the commencement of our Yule Project lithium and gold focused RC drilling campaign at Target 2,” Managing Director, Michael Moore, said.
“This ~1,500m program has been designed to follow up on the anomalous lithium pathfinder elements already identified in previous drilling as well as a significant arsenic anomaly that has driven the selection of key gold target areas.
“The company is progressing exploration activity across a number of our self-generated projects, including recently granted tenure at our emerging Payne’s Find project, and investors can look forward to targeted field exploration over the second half of 2022.”
