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Great Southern Mining Limited (ASX:GSN)

ALERT: Price-sensitive ASX Announcement for GSN
Current share price for GSN : $0.022 -0.007 (-24.14%)+
Release
20 Oct 2025 9:26AM
Price at Release
$0.029
Full Release
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Summary
Great Southern Mining Limited (GSN) has been awarded up to $337,500 in co-funded drilling grants from the Western Australian Government's Exploration Incentive Scheme (EIS). The funding is allocated for two projects: the Duketon Gold Project for further exploration of gold mineralisation, and the East Laverton Project to test for base metal and platinum group elements in the Diorite Hill layered intrusive complex. The EIS grants will enable GSN to conduct diamond drilling at both sites to explore the mineralisation potential and gather valuable geological data.
Key Points
  • GSN secured up to $337,500 in EIS funding for two projects.
  • Duketon Gold Project received up to $220,000 for gold exploration.
  • East Laverton Project received up to $117,500 for base metal and PGE exploration.
  • Drilling in the Golden Boulder area at Duketon will test depth extensions of gold mineralisation.
  • Diorite Hill drilling at East Laverton targets PGE and base metal mineralisation.
  • EIS co-funding supports new exploration technologies and testing of concepts.
  • The grants were part of Round 32 of the Western Australian State Government’s Co-Funded Exploration Drilling Program.
  • GSN's project sites are 100% owned by the company.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.