Great Plains Metals Corp.(TSXV:GPS)

Great Plains Metals is a publicly listed exploration company advancing high-grade copper, gold, and rare earth element projects across Australia.

Investor website: https://greatplainsmetals.com/

About

Great Plains Metals is a publicly listed exploration company advancing high-grade copper, gold, and rare earth element projects across Australia. With flagship ventures at Yeoval in New South Wales, Everton in Victoria, and Eversley in South Australia, we are strategically positioned in world-class mineral provinces. Guided by an experienced leadership team and a commitment to responsible exploration, we aim to deliver sustainable value for investors, communities, and stakeholders.

Verified company data

Cash position
not discovered
Shares outstanding
76,940,719 M
Fully diluted shares
85,453,079
Mineral resource
not discovered
Projects
["Yeoval: The Goodrich/Yeoval Project, situated within the premier Macquarie Arc of the Ordovician Lachlan Fold Belt in central New South Wales, represents a highly-prospective copper-gold opportunity in what is currently considered Australia’s most “active” exploration corridor. Located near Yeoval township, about 70 km northwest of Orange and 33 km southwest of Wellington, the project spans part of exploration license EL8538 (around 290 km²). The project specifically targets “pencil” porphyry mineralization, a high-grade style of deposit similar to the world-class Cadia-Ridgeway systems. Geologically, the site is defined by chalcopyrite-bornite-molybdenite mineralization hosted within the Goodrich granodiorite. Historically, Goodrich was the largest mine in the Yeoval district, producing an estimated ~300 tonnes of copper, 159 kg of gold and 62 kg of silver from shallow workings, including an open pit to ~46 m and shafts to ~90 m depth. Mining exploited a cone-shaped breccia and lode system comprising quartz–magnetite–chalcopyrite hosted within the Goodrich granodiorite, consistent with alkalic porphyry systems elsewhere in the Macquarie Arc. The presence of magnetite-rich alteration, molybdenite, and higher-grade copper sulphides such as bornite supports the interpretation of a potentially robust porphyry core, with historic mining likely representing only the upper expression of a larger intrusive-centred hydrothermal system at depth.","Eversley: The Eversley North Gawler Craton Project is a district-scale exploration venture located in the northern Gawler Craton of South Australia, approximately 150 km north-northeast of the Prominent Hill mine. The project encompasses three exploration licenses—EL 6590, EL 6802, and EL 6897—covering a 2,584 km² prospective package. The project is situated within the prolific Olympic IOCG Province, strategically positioned along the G2 Structural Corridor. This mantle-connected structural pathway is historically significant for funneling mineralizing fluids into the crust, providing the geological “sweet spot” necessary for the formation of large-scale Iron Oxide Copper-Gold (IOCG) systems and carbonatite-hosted Rare Earth Element (REE) deposits. The project’s prospectivity is anchored by three key targets: Jupiter, Ganymede, and Victory, which benefit from exceptionally accessible depths of less than 150 meters to basement compared to regional peers. The Jupiter and Ganymede targets are characterized by high-intensity magnetic and gravity anomalies typical of Mesoproterozoic IOCG systems (~1.59 Ga), with basement depths estimated between 50 and 150 meters. This significantly reduces technical risk and exploration costs associated with deeper “blind” targets elsewhere in the craton. Complementing the copper-gold potential is the Victory prospect, an early-stage Ionic Clay REE target. Historic sampling at Victory has identified anomalous rare earth concentrations associated with shallow kaolinized saprolite (as shallow as 0.1–0.5 m), suggesting a compelling model for near-surface, low-cost ionic clay mineralization. With a Native Title Mining Agreement recently secured, the project is positioned for imminent geophysical refinement and drilling of these ready targets.","Everton: The Everton Project, located in Northeast Victoria near Wangaratta, is a high-priority exploration opportunity centered on a classic porphyry molybdenum (+/- copper) system. Positioned just south of the prolific Lachlan Fold Belt, the project is anchored by the historical Everton Molybdenum Mine, that operated intermittently from 1917 to 1944, producing around 325 tons of molybdenum (averaging 1.4% MoS₂) from two pipe-like ore bodies mined to shallow depths of about 45 meters. Recent geological reinterpretation has identified the old mine area as the top of an undrilled porphyry system, with Unidirectional Solidification Textures (USTs) and widespread disseminated molybdenite pointing to a classic molybdenum (+/- copper) porphyry cupola target (“pencil porphyry”) with ready-to-drill prospects that were previously overlooked in earlier exploration. Geologically, the Everton deposit sits within the Tabberabbera Zone of the Lachlan Fold Belt and is hosted by the Early Devonian Everton Granodiorite, a porphyritic intrusion emplaced into slate and sandstone country rocks. The deposit represents a characteristic porphyry-style system associated with highly fractionated and oxidised I-type granitic intrusions, where molybdenite occurs in disseminations, joints, veins, and distinctive pipe-like bodies formed during late magmatic hydrothermal activity. The Tabberabbera Zone is part of the broader Lachlan Fold Belt, one of Australia’s premier mineral provinces. The recognition of Everton as a porphyry system rather than just a shallow vein deposit fundamentally changes the exploration model and potential, especially given that molybdenum was designated a critical mineral by Australia in December 2023, reflecting growing global demand for this strategically important metal."]
Leadership
Peeyush Varshney (CEO, Peeyush Varshney, LL.B., a graduate of the University of British Columbia, holds a business degree (Finance) and is a lawyer specializing in corporate, commercial and securities law. He is a partner at Varshney Capital Corp., a venture capital and merchant banking group.), Douglas Kirwin (DIRECTOR, Doug Kirwin is an Australian geologist with 50 plus years of international exploration experience. He commenced his career in Papua New Guinea with Anglo American in 1970 and later worked for AMAX in southeast Asia, Mexico and the Pacific.), Aidan Bishop (DIRECTOR, Aidan was a founding director of London listed gold development company, Bluebird Mining Ventures, and recently stepped down as interim CEO. The Company operated in South Korea and the Philippines and Aidan was instrumental in achieving permit renewals in the Philippines.), Rupert Williams (DIRECTOR, Rupert Williams is a mining financier and since 2015 has been a director of Smaller Company Capital Ltd, which focused on raising funds in the natural resources industry. In the last fifteen years, Rupert Williams has been instrumental in raising more than £500 million in capital for mining companies and managing key corporate clients.)

Verified data last updated: 2026-05-27

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