Announcement Date: 2022-02-08
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Great Northern Minerals Ltd.
Project name: Golden Ant
Location: Australia
Commodities: Gold,Silver,Antimony
Highlight: Drilling results incl. 12.0m @ 2.4g/t Au, 2g/t Ag, 0.1% Sb from 241.0m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Great Northern Minerals Limited (“GNM” or the “Company”) (ASX: GNM) is pleased to announce diamond drilling results from the Golden Camel deposit at the Golden Ant Project in Far North Queensland. All four holes intersected gold-silver-antimony mineralisation, with CCRCD81 confirming the high-grade gold-silver-antimony Hinge Zone is open at depth. The results of the drilling will be used in the estimate of the initial Camel Creek Mineral Resource and to plan the next round of drilling. The Mineral Resource Estimate (MRE) will be completed by end of the current quarter. The completion of the Camel Creek MRE will complete the initial phase of resource estimates for the Golden Ant Project (Camel Creek, Golden Cup and Big Rush) advancing the Golden Ant scoping study. GNM CEO & Managing Director, Cameron McLean said: “The Camel Creek drilling results are encouraging and further add to the overall resource base. The high-grade gold-silver-antimony mineralisation intersected in the Hinge Zone is open at depth and demonstrates the potential for an underground mining operation at Camel Creek.
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