Great Southern Copper moves forward with purchase option agreement for Cerro Negro concession

Proactive - Interviews for investors

Great Southern Copper PLC managing director Sam Garrett joined Proactive's Stephen Gunnion with news of the signing of a purchase option agreement for the Cerro Negro exploitation concession in Chile. Garrett noted that the acquisition marks a significant step in expanding the Especularita project portfolio. Cerro Negro, which includes the historical Mostaza mine, was previously operated by Antofagasta Minerals and presents a high-potential drill target due to existing historical drilling data. Garrett mentioned that the company has initiated the permitting process for Cerro Negro and other advanced drill target prospects such as Victoria and Aurelia. The aim is to begin drilling within three months, subject to the permitting process. The Cerro Negro concession is particularly valuable due to its high-grade copper, silver, and gold mineralisation. Great Southern Copper plans to rapidly expand the existing mineral inventory while also targeting larger, lower-grade porphyry copper systems, suggested by the mineralogy, alteration, and petrography data. Garrett highlighted the potential for further significant mineralisation up to four kilometres south along strike from the current footprint, which remains untested. #GreatSouthernCopper, #Mining, #CerroNegro, #CopperExploration, #MineralInventory, #HistoricalMines, #DrillingProjects, #AntofagastaMinerals, #HighGradeCopper, #SilverGoldMineralization, #PorphyrySystems, #VictoriaProject, #AureliaProject, #EspecularitaProject, #Mineralization, #MiningNews, #ResourceExpansion, #MiningInvestments, #Geology, #Exploration #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews