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- Great Northern Minerals (GNM) is tabling more assay results from the reverse circulation drilling program at Camel Creek in North Queensland
- Best intersections include 8 metres at 17.51 grams per tonne gold from 124 metres and four metres at 5.99 g/t gold from 168 metres
- The 15-hole program aimed to follow up on the previous significant results returned from the Hinge Zone and beneath the Northern Pit area
- GNM says the results provide important information highlighting the geometry of the gold mineralisation outlined to date, with more assays outstanding
- Shares in Great Northern Minerals are trading down 16.7 per cent at 1 cent each
Great Northern Minerals (GNM) is tabling more assay results from the reverse circulation drilling program at Camel Creek in North Queensland.
The materials stock carried out 15 RC holes for 3262 metres, with three of the holes being drilled as diamond hole precollars.
Of the final four-metre composite results, the company reported best intersections of 8 metres at 17.51 grams per tonne gold from 124 metres and 4 metres at 5.99 g/t gold from 168 metres.
The 15-hole program at Camel Creek was designed to follow up on the previous significant results returned from the Hinge Zone and beneath the Northern Pit area at the site.
Managing Director Cameron McLean said its provided important information highlighting the geometry of the gold mineralisation outlined to date.
“This latest program has added significantly to our knowledge of the gold mineralisation at Camel Creek and will be useful at defining the extent of the mineralisation,” Mr McLean said.
“A number of diamond holes will now be completed to allow a more definitive understanding of the deposit in advance of the initial Camel Creek resource estimate.”
GNM is also awaiting the results from all of the one metre samples which are expected back within a few weeks.
Shares in Great Northern Minerals were trading down 16.7 per cent at 1 cent each at 11:00 am AEST.
