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Hypothetical Valuation Scenarios for GSCU:

1. Small-Scale Discovery:

• Resource Estimate: 100,000 tonnes of contained copper. 

• Potential Market Capitalization: £55 million to £110 million. 

2. Medium-Scale Discovery:

• Resource Estimate: 500,000 tonnes of contained copper.

• Potential Market Capitalization: £275 million to £550 million.

3. Large-Scale Discovery:

• Resource Estimate: 1 million tonnes of contained copper.

• Potential Market Capitalization: £550 million to £1.1 billion.

These scenarios are speculative and depend on various factors, including metal prices, extraction costs, and geopolitical considerations. For context, major copper producers like BHP and Rio Tinto have market capitalizations in the tens of billions, reflecting their extensive reserves and production capacities.

It’s important to note that transitioning from exploration to production involves significant investment, time, and risk. However, GSCU’s promising assay results and strategic location position it well for potential growth, especially considering the increasing global demand for copper driven by electrification and renewable energy trends.

£144K Buy 3M shares at 4.8 yesterday

What Are the Odds?

• With Sam Garrett’s history of world-class discoveries and ongoing drilling, the probability of defining a multi-million-tonne, high-grade resource is increasing significantly.

• If Phase II drilling confirms scale, GSCU instantly becomes a major acquisition target.

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4. The Likely Outcomes – What Happens Next?

1. Phase II Assays (Holes 6–9) Drop (March 28 – April 5)

• If grades remain strong, the stock re-rates upwards.

2. New Discoveries Beyond the Mostaza Mine

• If they hit mineralization outside the historical mine, the scale expands massively.

3. A Potential Resource Estimate Later in 2024

• If Phase II drilling confirms a large deposit, a maiden JORC resource could be announced.

4. M&A Interest from Majors

• If GSCU proves Mostaza is a tier-one asset, majors will be watching closely.

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Conclusion – Why GSCU is a Top-Tier Exploration Play Right Now

• Copper and silver prices are surging.

• Chile’s major mines are in decline.

• GSCU is hitting exceptional grades and expanding the deposit with aggressive drilling.

• Sam Garrett has a track record of major discoveries.

• The company is positioned to deliver multiple high-impact catalysts over the next 3–6 months.

Final Verdict:

This is shaping up to be one of the most exciting copper-silver discoveries in Chile. If Phase II drilling continues to return high grades, GSCU could rapidly become a major acquisition target.

Notable Discoveries:

• Mt. Elliott Cu-Au Mine (Queensland, Australia): Garrett has discovery credits for this significant copper-gold deposit. 

• Dinkidi Cu-Au Mine (Philippines): He contributed to the discovery of this copper-gold mine.

• Tujuh Bukit Au-Ag-Cu Mine (Indonesia): Garrett played a role in identifying this gold-silver-copper deposit. 

These discoveries underscore his capability to identify and develop world-class mineral resources, highlighting his valuable leadership at GSCU.

His experience with Havieron, Mt. Elliott, and other major discoveries makes him one of the most accomplished geologists leading a junior explorer today. If anyone can turn GSCU into a world-class success, it’s Sam Garrett.

Great Southern Copper (GSCU) – The Case for a High-Value Copper-Silver Discovery

The combination of high-grade copper-silver assays, Chile’s supply challenges, a global copper shortage, and aggressive 24/7 drilling at Cerro Negro makes GSCU an extremely compelling exploration company. Below is a breakdown of why this could be a world-class discovery in the making.

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1. The Macro Picture: A Perfect Storm for Copper Prices

Copper Market Fundamentals:

• Copper is in a long-term supply deficit. Demand is surging due to electrification, EVs, renewable energy, and AI-driven data centers.

• Chile’s copper production is declining. The world’s top copper producer is seeing falling grades at major mines (e.g., Escondida, Collahuasi).

• Massive investment required. The majors (BHP, Rio Tinto, Freeport-McMoRan, etc.) need to spend billions to maintain production, meaning smaller explorers are now prime M&A targets.

• Copper price rising. Futures are above $4/lb and could break all-time highs as shortages worsen.

Silver Market Fundamentals:

• Silver is a key byproduct at Cerro Negro. Prices are breaking multi-year highs as investment demand and industrial use surge.

• Biden’s 200% China EV tariff increases silver demand for Western battery production.

How This Affects GSCU:

• They are sitting on high-grade copper-silver mineralization in a region where majors are struggling to maintain supply.

• The majors need new discoveries and will be looking for projects to acquire.

• Copper is going parabolic—the timing of a high-grade find couldn’t be better.

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2. What We Know So Far – The Geology and Assay Results

Exceptional Phase I Drill Results at Mostaza (Cerro Negro):

• Hole 1: 20m @ 3.31% Cu, 269.89 g/t Ag

• Including: 7m @ 5.72% Cu, 489.57 g/t Ag

• Hole 5: 12m @ 4.24% Cu, 369.5 g/t Ag

• Including: 7m @ 5.08% Cu, 449.6 g/t Ag

• Significantly better than historical data.

• Mineralization is open in all directions.

• 24/7 Phase II drilling is now targeting width and depth extensions.

What This Means:

• These grades are in tier-one territory—far above what major mines are producing.

• Strike continuity confirmed—mineralization extends beyond the original mine workings.

• Drilling is still early-stage—meaning the deposit could be much larger.

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3. Likelihood of a World-Class Discovery

What Defines a World-Class Copper-Silver Discovery?

• Grade: Above 1% Cu is considered good, but GSCU is hitting 3–6% Cu.

• Scale: Still being defined, but mineralization is open at depth and along strike.

• Metallurgy: The high silver grades could significantly boost economics.

• Comparables:

• Hot Chili (HCH.AX) – Costa Fuego (Chile): ~1% Cu Eq

• Filo Mining (FIL.TO) – Filo del Sol (Argentina): ~0.5% Cu Eq

• GSCU’s grades are significantly higher than these major discoveries.

Cracking finish to the day .. some decent volume paying 5p

Wouldn't have expected anything less

Every day gone by is another day closer to these monster grades and the size of the discovery increasing

Name me a better company on AIM right now?!

Generational Wealth can be made here!

Here we go

If Hole 7 extends the deposit by 270m, it places us in an exciting position compared to similar junior copper explorers in Chile. Hole 1 was drilled within the historical Mostaza open pit. Hole 7 is located over 200m south of the mineralisation seen in Figure 4 in the RNS on 18th Feb seen here https://www.londonstockexchange.com/news-article/GSCU/diamond-drilling-programme-complete-at-cerro-negro/16903340

If this hole confirms strong assay results, it would extend the known mineralised strike length, possibly by 270m or more depending on interpretation and this would be very significant as it suggests that the high-grade Cu-Ag mineralisation at Mostaza extends well beyond the previously known deposit, increasing the potential for a much larger resource.

This is the week ... !!

You just know Sam and the team will want to be here boasting about their latest exploration results!!

Next week is the week, me thinks!

The World Copper Summit and CESCO Week – the premier industry event in the Copper Calendar - will take place on 7-9 April in Santiago, Chile.

This unique gathering provided incomparable networking and market intelligence, giving attendees the opportunity to make valuable connections with industry peers, and build their professional network in a business social environment.

Attendees benefited from the latest intel on supply, demand, prices in the refined copper, concentrates and recycling markets. As well as access to networking opportunities at the events many networking functions.

CESCO Week and the World Copper Summit provided some of the most important commercial and networking opportunities in the mining industry, attracting in excess of 2000 delegates. Both events are renowned for the calibre of delegates and attract CEO participants from the world’s most important miners and smelters.

News from Chile 26/03

London-listed miner Glencore (GLEN.L), opens new tab has declared force majeure on copper shipments from its Chilean Altonorte smelter, where production has been suspended, two industry sources said.

Companies declare force majeure when unexpected circumstances prevent them from meeting contractual obligations.

Codelco, Chile’s state-owned copper mining company, has been experiencing a decline in ore grades over recent years. In 2019, the average ore grade treated by Codelco’s facilities had fallen by approximately 20% since 2010.

This trend has continued, with reports indicating that declining ore grades have contributed to operational challenges and increased costs.   

In contrast, Great Southern Copper PLC (GSCU) has reported significant improvements in copper grades from its drilling activities. Recent results from the Mostaza Mine at the Cerro Negro project in Chile revealed a 20-meter intersection at 3.31% copper and 269.89 grams per tonne silver, including a 7-meter section at 5.72% copper and 489.57 grams per tonne silver. These findings represent a substantial increase compared to historical data, which reported 25 meters at 0.53% copper, indicating a sixfold improvement in copper grade.  

In summary, while Codelco is grappling with declining ore grades, GSCU’s recent exploration results suggest a promising trend of higher-grade copper mineralization at its Mostaza Mine. 

- Chile copper miner @CodelcoCorp swings to $790MM profit in 2024 vs. $754MM loss in ‘23

Output totaled 1.328 MM tons, just above the 1.325 MM T in 2023.

Codelco aims to produce 1.391 MM T in 2025 —which it estimates could help it nearly 4X pre-tax net profit to $3.105 billion.

The future here is mind boggling and could end up anywhere.. that’s what makes this the most exciting small cap on the markets right now and with SO much news events and media releases to come in April alone, begs the question of where better to have a punt on the markets right now?! I can’t think of anything with an immediate, medium and long term return opportunity personally.

Big week ahead!!!!!!

Might we hit 5p in anticipation?

Blue skies above 4.8 someone was saying …

More late trades appearing

High chance of an RNS tomorrow 7:00

If not.. I think we might see 4.6 to 5p tomorrow as no one would want to be out of this when the big one lands

Look at those massive late repotted buys

They’re not stupid!

Can sell above 4p now

The size of the buys and prices being paid are great to see this morning, got a feeling we’ll see more pop up in the next 24 hours and considerable amounts.

KM’s in every direction of high grade large quantities of critical metals at a time they’re needed most.

Beautiful!

Just look at the prices being paid

This is about to pop

4p to sell… 👀

4.1 paid

Love a CEO standing on site video

Confidence is through the roof

They know what they’re standing on … just not the full extent! How exciting is that?!

My bet is we see an RNS or another video where he’s brought another 2 rigs on board

This year will be insane for RNS news flow as it gets bigger, wider, deeper and higher grades for copper and silver

JV on the cards?

Blue skies ahead ..

Loading up for the monster release next week