Gold Fields & Great Southern Drill Edinburgh Park

0:00It's April 17th, Sydney news today starts now, AI powered and ready. Goldfields and great southern mining are firing up diamond drills for their Edinburgh Park, Joint Venture, and North Queensland, kicking off right after. The wet season ends in May. Under the deal, Goldfields can grab a 75% stake by dropping $15 million on exploration. They're zeroing in first on the Mendelian target, where geophysics spotted a strong induced polarization anomaly under a silcified lithocap, hinting. At a possible intrusive gold system, this massive project spans 1,565 square kilometers, 75 kilometers west of Bowen, smack in a hotspot for. Epothermal and intrusion-related gold. Nearby giants like the 10 million ounce Ravenswood mine and 3 million ounce Mount Lachon proved the region's potential for big deposits. Last year's drilling hit, Quartz-Sulfide Vaining, and widespread alteration at spots like Malongli

1:00and Megan Vines, with surface samples showing up too. Ten grams per ton gold historically. No economic hits yet, but is sharpened focus on untapped targets like Mindillin, four kilometers northeast of Malongli, with its decargeable. Response from 200 to 300 meters down. Great southern just raised $4.6 million in March, fully funding this push alongside their Western Australia projects. The first five holes will punch into the anomalies core to check for mineralized intrusives, while more geophysics and geochemistry build the drill. Pipeline. With a powerhouse partner, cash in hand, and high impact targets queued up. Edinburgh Park is prime for breakthrough at Mindillin, potentially. Flipping the script on this proven scale play.