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Golden Deeps (ASX:GED): Completes successful $1.78M capital raising

Golden Deeps (ASX:GED) has raised $1.78 million from investors through a fully subscribed Placement managed by PAC Partners Securities and Peak Asset Management, together Joint Lead Managers.

🏆 $1.78 million raised through a placement
⛏️ Funds will be used to explore the Havilah Project in New South Wales where copper and zinc mineralisation has been discovered

โ€œThis new funding will allow us to carry out further drilling of key copper-zinc sulphide and gold targets on our Havilah Project, where we have intersected thick zones of copper and zinc sulphide mineralisation in HVD003, which indicates weโ€™re on top of a large porphyry-sulphide system with similar characteristics to other major discoveries in the Lachlan Fold Belt.

We also plan further drill-testing to extend copper-silver sulphide zones intersected at the Nosib and Khusib Springs in Namibia, as well as testing other copper and gold targets in the Lachlan Fold Belt on the new JV area.โ€

– Golden Deeps CEO Jon Dugdale

ASX announcement ⚡ https://announcements.asx.com.au/asxpdf/20240906/pdf/067lfcg2nf4ch4.pdf