Great Southern Copper reveals promising drilling results at Teresita and Abundante prospects
London, UK
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March 14, 2024 08:18 AM Eastern Daylight Time
Great Southern Copper PLC (LSE:GSCU) chief executive Sam Garrett discusses early results from the company's RC drilling programmes at the Teresita and Abundante prospects, highlighting their significance and the confirmation of the geological model being pursued.
In an interview with Proactive's Stephen Gunnion, Garrett noted the drilling results at Teresita have revealed large quartz sulphide carbonate veins with cumulative strike lengths of approximately five kilometres, carrying high-grade gold and copper.
A particular drill hole, hole 10, uncovered a 20-metre-wide vein at shallow depths, showing significantly higher grades than surface outcrops.
Garrett said the results also give the company confidence in the way forward and how to approach the ongoing exploration at Teresita and Abundante.
Future exploration will utilise detailed soil sampling and geophysical techniques to better target drill holes. Garrett said the success at Teresita, along with similar findings at the Victoria prospect, suggests the presence of large-scale, high-grade copper and gold systems, bolstering confidence in the project's potential.
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