GNM fills Golden Cup in Queensland

Great Northern Minerals (ASX: GNM) has intersected high-grade gold up to 14.3g/t at its Golden Cup mine just 15 kilometres from the Company’s exciting extension exploration work at its 14,000 oz historical grade Camel Creek project in Northern Queensland.

RC drilling consisting of 11 holes from 1,022m intersected the stellar grade over 2m accompanied by consistent solid results, including 4.6g/t Au for 7m, 7.4g/t for 6m and 11.3g/t for 3m.

Golden Cup Long Section

The Company said steep south plunging gold shoots consistent with historical exploration would provide “obvious” areas for targeted future drilling.

“The Golden Cup assay results confirm that GNM’s recent drilling program intersected high grade gold mineralisation in multiple holes and that the deposit remains open at depth, CEO and Managing Director Cameron McLean said.

“The consistent gold intercepts follow natural extension of historical pits.

“With this phase of drilling at Golden Cup complete, we turn our attention to drilling our exciting Douglas Creek target”.

Price Action

The Company’s ASX-listed shares are outnumbered by sellers trading at 0.004c.

Highlight Results

• 7.0m @ 4.6 g/t Au from 61m down-hole inc. 2.0m @ 14.3 g/t Au from 61m down-hole (GCRC093)
• 6.0m @ 7.4 g/t Au from 67m down-hole inc. 3.0m @ 11.3 g/t Au from 68m down-hole (GCRC094)
• 10.0m @ 2.1 g/t Au from 45m down-hole inc. 2.0m @ 5.4 g/t Au 48m down-hole (GCRC084

About Great Northern Minerals

Great Northern Minerals Limited is an ASX-listed gold-focused explorer and developer. The Company’s Golden Ant Project is located in Far North Queensland and includes the Amanda Bell and Big Rush Goldfields.

Total gold production from the Amanda Bell Goldfield was approximately 95,000 oz Au (57,000 oz from Camel Creek and 14,000 oz from Camel Creek satellite deposits, 18,000 oz from Golden Cup and 6,000 oz from Golden Cup satellite deposits). Total gold production from the Big Rush Goldfield was 60,000 oz, Au.

Three heap leach gold mines were operated (Camel Creek, Golden Cup and Big Rush). Mining activities commenced in 1989 and ceased in 1998 with the depletion of oxide gold mineralisation.
Great Northern Minerals aims to develop a new gold camp based on the Golden Ant Projec in North Queenslandt.