Golden Deeps LimitedASX: GED

Deeper Drilling Testing High-Grade Targets at Graceland

· Issued by Golden Deeps Limited

Filed with ASX · · 18 pages · English

Summary by 6ix AI

Golden Deeps Limited has announced the commencement of a deeper diamond drilling program at its Graceland discovery in Namibia, targeting high-grade copper, silver, zinc, lead, and germanium deposits. The drilling will focus on priority Induced Polarisation targets that have shown promising results from previous shallow drilling, including significant mineralisation below gossan outcrops. CEO Jon Dugdale expressed confidence in the potential of these targets, citing similarities to the nearby world-class Tsumeb deposit. The program aims to explore deeper extensions of previously identified high-grade zones, with results expected over the coming months.

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