Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, November 10 2022 - 18:52
AsiaNet
Successful Drilling at Golden State Mining's "Nomad" Prospect delivers advanced Lithium Targets at Yule South
PERTH, Australia, Nov. 10, 2022 /PRNewswire-AsiaNet/ --

- Drilling delivered highly anomalous caesium, which is a pathfinder for 
lithium pegmatites.

Leading lithium, gold, and base metals exploration company Golden State Mining 
(ASX:GSM) has raised the profile of its Nomad prospect with the highly 
encouraging drilling results at Yule South 
(https://goldenstatemining.com.au/projects/yule/), Western Australia.

Reverse Circulation (RC) drilling of conceptual targets at Nomad, previously 
named Target 2A, commenced in late July as a follow-up to the identification of 
lithium and gold targets in air-core intercepts last year.

Last week, the drilling program successfully delivered 
(https://wcsecure.weblink.com.au/pdf/GSM/02590755.pdf) highly anomalous caesium 
– an encouraging and proximal pathfinder element for lithium pegmatites – at 
significant grades as high as 6m at 440 ppm (parts per million).

The presence of pathfinder elements boosted Golden State's confidence in the 
Nomad prospect, so much so that the company renamed it as a reflection of 
increased priority.

Preferred mafic host rocks

Golden State Mining's 10-hole program at Nomad spanned 1478m and delivered 
robust Li-Cs-Rb (Lithium-Caesium-Rubidium) anomalies with high levels of 
associated arsenic. The discovery of arsenic as an accessory mineral is 
considered highly, significant as it has also been documented at the giant 
Greenbushes pegmatite mine in Western Australia, as well as at the Goulamina 
deposit in Mali – both projects of global significance.

Initial drilling efforts at the Nomad prospect, that ended in August with two 
abandoned holes recorded an eight-metre intersection at 21 parts per billion 
(ppb) gold from 63 metres downhole, and three metres at 128 ppm lithium from 91 
metres.

The best interval in subsequent drilling at Nomad was six metres at 440 ppm 
(parts per million) caesium and 88 ppm lithium, along with 5290 ppm arsenic 
from 103 metres in a structure consisting of ferruginous saprock interpreted to 
represent oxidised micaceous fault gouge.

The company's bedrock and structural interpretation of the Yule South site have 
also indicated the presence of preferred mafic host rocks, along with a major 
antiform cross-cut by faulting and a refolded hinge zone.

The location of the hinge zone is similar to that seen proximate to major 
lithium-cesium-tantalum pegmatites, including Wodgina and Mt Cattlin in Western 
Australia and Tanco in Canada.

A vast and exciting project

Golden State's Managing Director, Michael Moore, commented: "The recent results 
from the RC drilling have been subject to a significant level of scrutiny by 
the company's own technical team in cooperation with our external consultants."

"The renaming of the Nomad prospect reflects a marked upgrade in priority, 
which has narrowed Golden State's focus on the interpreted hallmark of a 
pegmatite source in this prospect area. Each drill program at Yule delivers 
increasing encouragement and understanding of a vast and exciting project with 
battery metal and gold potential within a world-class jurisdiction."

The results increased the company's confidence in lithium, caesium, tantalum, 
and pegmatite hallmark indicators. This boosts the exploration priority which 
led to the change of name from Target 2A to Nomad. Further reverse circulation 
and air-core drilling are planned at Nomad.

Payne's Find

Exploration activities are ongoing at another of Golden State's lithium 
projects – Payne's Find – with soil sampling and rock chipping currently 
underway. This work is part of an initial geochemical strategy to narrow down 
suitable targets for drill testing early in 2023.

About Golden State Mining

Incorporated in Western Australia in 2017 and headquartered in West Perth, 
Golden State Mining (ASX:GSM) is leading the charge to explore WA's geological 
frontiers, by employing and engaging the best people to challenge conventions.

The company has other projects such as the Four Mile Well Project in a 
world-class area with numerous gold and nickel deposits, as well as other 
'greenfields' pipeline projects. They include various tenement application 
packages in regional Western Australia with a multi-commodity focus reflecting 
increasing demand in the evolving commodity market.

Website: https://goldenstatemining.com.au
Twitter: https://twitter.com/MiningState
Instagram: https://www.instagram.com/golden_state_mining
YouTube: https://www.youtube.com/channel/UCZqsArpFxTyv7eWC8VvGr6Q

Source:Golden State Mining Limited
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