ASX Quarterly Wrap: Golden State plans lithium drilling, Valor switches focus to Canadian REE and uranium

It’s the quarterly season again as the ASX market announcements page becomes increasingly flooded with update lodgements.

To save you the trouble of trudging through it all, we’ve wrapped up the highlights from some of the reports that caught our eye. Golden State Mining (ASX:GSM)

During the quarter, lithium and gold explorer GSM acquired exploration rights adjacent to the Nomad lithium prospect at its Yule project in the Pilbara. This grows its ground position at Yule to ~766km2 in a region that hosts hard rock lithium players and Tier 1 gold discoveries like Pilbara Minerals (ASX:PLS), Mineral Resources (ASX:MIN), De Grey Mining (ASX:DEG), Azure Minerals (ASX:AZS) and Wildcat Resources (ASX:WC8).

Around +2000m of RC drilling is planned for the Nomad prospect for the September quarter.The company is also focused on the Paynes Find Central target at its Paynes Find lithium project, which is a ~2.5km target zone delineated on […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
Do
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!

Comments

No comments yet