In response to high-level due diligence reviews of copper and gold occurrences in the region the Company pegged two tenements for over 360km2 which are considered to hold potential for Volcanic Massive Sulphide (VMS) copper and hard rock and associated placer gold mineralisation.

The area has not been subject to a significant degree of modern exploration techniques providing GSN with exceptional exploration upside.

GSN’s tenements immediately surround the historic Dianne Copper Mine which was in production from 1979 to 1983 producing 69,820 t of direct shipping grade ore assaying between 18% and 26 Cu and 359 g/t Ag (Wallis, 1993).