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 […]

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