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More high-grade gold builds Great Southern WA gold story

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Taylor, P. (2026, October 6). More high-grade gold builds Great Southern WA gold story. The Sydney Morning Herald. https://www.smh.com.au/business/companies/more-high-grade-gold-builds-great-southern-wa-gold-story-20261006-p6136y.html?ref=rss&utm_medium=rss&utm_source=rss_feed

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The Sydney Morning Herald · collected 2026-10-06 · by Penny Taylor

Quick Summary

Great Southern Mining has reported high-grade gold assays from its Golden Boulder prospect in Western Australia's Duketon Belt, extending known mineralisation along a 3.5-kilometer trend by up to 50 meters down-dip. The latest drilling results include standout intervals such as 4m at 11.38 grams per tonne and 9m at 3.36g/t gold, with the company's managing director Matthew Keane emphasizing the discovery’s high-grade potential from surface over a significant distance. Great Southern Mining plans to continue testing for deeper extensions beyond the current drilling depth of around 150 meters, aiming to complete the current phase by mid-to-late October.
Written by AI on 2026-10-06, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

Great Southern Mining's Golden Boulder prospect in Western Australia’s Duketon Belt is showing significant potential as a high-grade gold discovery. New assays indicate that the mineralization extends from surface for over 1.1km along a 3.5km trend, confirming the project's substantial promise. The company’s ongoing 14,000-metre reverse-circulation drilling program has yielded impressive results, including 4m at 11.38 grams per tonne gold from 45m and another hole with 9m at 3.36g/t from 127m. This latest data strengthens the case that Golden Boulder could become a major find within Great Southern Mining's Duketon Gold Project, which covers 549 square kilometers in the Laverton–Duketon district and includes key structural corridors known for hosting significant gold deposits elsewhere in the belt.

Written for “Great Southern Gold Discovery” on 2026-10-31, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Great Southern Gold Discovery
Economy/Business · 1 article(s) covering the same event.

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How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
27
sentences that state something as happening or true
Uncertain
11%
3 of 27 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
61/100
The Sydney Morning Herald's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-10-06 · how these are computed

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Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

The Sydney Morning Herald · 5658 article(s) · 15 correction(s) detected
Running correction rate · 15 correction(s)

Who wrote this

Penny Taylor
17 article(s) here · 1 carrying a prediction
🔮 Adding weight to the findings, a prominent cluster of promising alteration signatures at Sprigg Bore, in the southeast of PLC’s ground, coincides with historical rock-chip samples returning between 350 and 651 parts per billion, suggesting the satellite technology may be doing its job of homing in on prospective gold-bearing structures.
🔮 The maiden 3500-metre program will probe Gingarrigan, a prospect within Woodie Woodie North, 10km south-east of the company’s existing Area 42 resource.
🔮 TMK Energy chief executive officer Dougal Ferguson said: “This declaration and the subsequent lodgement of an appraisal program will allow the formal EPT period to commence, which will run for a minimum of 180 days, during which time we will commence the process of agreeing initial reserves, a field development plan and eventually a production license.”
🔮 Initial drilling is expected to focus on open lodes in the northern part of Amy Clarke and the central section of the 4.7-kilometre trend.
🔮 The deal, comprising US$45 million (A$67.5 million) in cash and US$5 million (A$7.5 million) in shares, would propel Ciclón into the spotlight as Norfolk’s flagship asset and cornerstone of its copper ambitions.
🔮 NeuroScientific has agreed to implement the required testing, which is expected to have minimal impact on trial timelines.
🔮 With the resource upgrade now in the bag, the company says the all-important Jupiter scoping study is progressing and will be released shortly, offering the first detailed look at the giant deposit’s potential economics.
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🔮 While newly installed extraction fans will improve ventilation, reaching cash-flow breakeven has allowed Aguia to trim the fat by reducing its mine workforce by 15 per cent during the month.
2026-10-06 · assertive framing · Aguia hits Colombia gold record and breaks even
🔮 These learnings will guide the future development of the field, reducing the lead time to reach commercial gas flows from new wells.”
🔮 Material step-outs at depth will be the focus, targeting extensions below an area that remains virtually untested, with few holes extending beyond 150m below surface.
Also by Penny Taylor
PLC Resources satellite survey lights up WA Murchison gold
2026-10-27 · The Sydney Morning Herald
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2026-10-26 · The Sydney Morning Herald
Great Southern uncovers new high-grade hits in WA gold hunt
2026-10-19 · The Sydney Morning Herald
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 17 articles by Penny Taylor →

Topics

Golden Boulder Great Southern Mining Southern Mining Western Australia’s

Subjects

Golden Boulder ORG · 4× Great Southern Mining ORG · 2× Matthew Keane PERSON · 2× Rosemont GPE · 2× Amy Clarke ORG · 1× Goldfinger ORG · 1× Great Southern ORG · 1× Regis Resources ORG · 1× Southern Mining ORG · 1× Western Australia’s GPE · 1×

Narrative

Great Southern Mining managing director Matthew Keane said: “These latest high-grade intercepts, in conjunction with previous results from 2025 and 2026 drilling, show that Golden Boulder is a high-grade gold discovery, mineralised from surface with continuity of mineralisation along ~1.1km of the 3.5km trend.
framing: assertive · carried by 1 article(s) · first seen 2026-10-06
🔮 Material step-outs at depth will be the focus, targeting extensions below an area that remains virtually untested, with few holes extending beyond 150m below surface.
2026-10-06 · The Sydney Morning Herald
More high-grade gold builds Great Southern WA gold story · assertive framing

Claims (27 extracted, 3 hedged)

Great Southern Mining looks to be turning its Golden Boulder prospect from a promising gold prospect into something far more substantial, with new assays confirming high-grade mineralisation from surface and continuity across the first 1.1km of a 3.5km mineralised trend in Western Australia’s Duketon Belt. asserted
Mining → look → Belt
The results come from the company’s ongoing 14,000-metre reverse-circulation (RC) drilling program at Golden Boulder, a discovery within its 100 per cent-owned Duketon gold project. asserted
results → come → project
The 549-square-kilometre holding sits in the Laverton–Duketon district and captures some serious gold-bearing real estate. asserted
holding → sit → estate
It includes 7km of the Garden Well trend, 11km of the Rosemont trend and 8km of the Erlistoun trend - key structural corridors that host major gold deposits elsewhere in the belt. asserted
that → include → belt
The latest 18 holes have delivered a standout 4m at 11.38 grams per tonne (g/t) gold from 45m, including 1m at 29.71g/t. asserted
holes → deliver → /
Another hole returned 9m at 3.36g/t from 127m, including 4m at 6.77g/t, while other notable hits featured 2m at 7.27g/t from 70m and 3m at 3.88g/t from 60m. All reported intervals are downhole lengths, with true widths yet to be confirmed. asserted
widths → return → m.
The assays have extended known mineralisation by up to 50m down-dip and identified high-grade mineralisation in previously undrilled sections. asserted
assays → extend → sections
‘The company firmly believes that both Golden Boulder and the wider Duketon gold project has potential for a substantial gold endowment.’Great Southern Mining managing director Matthew Keane asserted
Boulder → believe → Keane
Across Golden Boulder, mineralisation has been traced along three parallel trends called the Main Line, Eastern Line and Ogilvies. asserted
mineralisation → trace → trends
Drilling has intersected multiple stacked quartz-vein lodes with disseminated sulphides, including pyrite and arsenopyrite, hosted in basalt and minor dolerite. asserted
Drilling → intersect → basalt
The company is testing whether this network of steep gold-bearing structures continues below and between the shallow workings. asserted
network → test → workings
The results also reinforce the prospect’s continuity. asserted
results → reinforce → continuity
All but four of the 38 holes reported to date from the current RC program have returned mineralised intercepts grading above 0.7g/t gold, a pattern management says points to a prolific gold-bearing structural trend rather than a collection of isolated hits. asserted
management → report → hits
Great Southern Mining managing director Matthew Keane said: “These latest high-grade intercepts, in conjunction with previous results from 2025 and 2026 drilling, show that Golden Boulder is a high-grade gold discovery, mineralised from surface with continuity of mineralisation along ~1.1km of the 3.5km trend. asserted
Boulder → manage → trend
The company expects to complete the current campaign by mid-to-late October before immediately rolling into another phase of drilling. asserted
company → expect → drilling
Material step-outs at depth will be the focus, targeting extensions below an area that remains virtually untested, with few holes extending beyond 150m below surface. asserted
that → target → surface
Assays are pending for another 3425m from 39 holes at Golden Boulder, covering much of the remaining 2.5km of the Main Line trend. asserted
Assays → pende → trend
A further 2248m from 18 RC holes is awaiting results at Amy Clarke, an emerging discovery 3km north-east of Golden Boulder where shallow mineralisation has been traced across 4.7km. asserted
mineralisation → await → km
The Golden Boulder area is steeped in history, with more than 50 mine shafts left by old-timers dotted across a 3.7km strike length. asserted
area → leave → length
Old-timers reportedly pulled out 1761 ounces of gold from 1915 tonnes of ore between 1900 and 1955 at a remarkable average grade of 28.6g/t. Golden Boulder is one of several Duketon targets Great Southern is testing as it builds a broader gold inventory. uncertain
it → pull → inventory
Amy Clarke is another emerging discovery, while Goldfinger is an additional target within the company’s 100 per cent-owned holding. asserted
Goldfinger → emerge → holding
Nearby, Regis Resources has defined more than 7.5 million ounces just north of Great Southern’s tenure, including the two-million-ounce Rosemont deposit and the five-million-ounce Garden Well mine. asserted
Resources → define → deposit
Golden Boulder sits 26km from Rosemont and 14km from Regis’ Garden Well mine and processing facility. asserted
Boulder → sit → mine
With gold commanding around US$4142 (A$5943) an ounce, a sizeable system near established roads and processing infrastructure could carry real strategic weight if drilling confirms its scale. uncertain
drilling → command → scale
With high-grade gold consistently being hit from surface and a 3.5km mineralised corridor wide open at depth, Golden Boulder has plenty of room to grow. asserted
Boulder → hit → room
Upcoming assays and the next phase of drilling could now determine whether it can earn its place as a genuine Duketon gold system. uncertain
it → determine → system
Is your ASX-listed company doing something interesting? asserted
company → list → something
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