Assays outline high-grade gold zones at Great Northern’s Camel Creek
Link copied to
Detailed one metre assays have clearly outlined a number of very high-grade gold zones at Great Northern’s Camel Creek project in North Queensland.
Importantly, the results confirm the presence of deeper and higher-grade mineralisation at the project’s Hinge Zone target, which remains open at depth and along strike.
Notable results include a bonanza 1m zone grading 153.89 grams per tonne (g/t) gold at the top of a 18m intersection at 14.09g/t gold from 191m in hole CCRC50 and 15m at 10.43g/t gold within a 22m zone grading 7.38g/t gold in CCRC54.
Great Northern Minerals (ASX:GNM) notes that the more accurate and representative results provide additional support and clarity to the distribution of the high grade results within the known Camel Creek Gold system.
“The finalisation of our first program at Camel Creek for 2021 and these latest one metre assay results have returned some of the best and most significant assay results ever seen at Camel Creek,” managing director Cameron McLean said.
“We look forward to the next program, designed to test and extend the high grade and strike extensive gold mineralised zones highlighted.
“Drilling is due to commence by the end of July 2021 and will be targeted on further deep testing of the Camel Creek gold system, particularly in the Hinge Zone target area.”
Planning for an additional drilling program to test further strike extensions and down dip continuity is well advanced with an anticipated start by the end of July 2021.
This drilling will be followed by an initial resource estimate later this year.
The drill program had tested about 2,200m of strike at Camel Creek that defined and highlighted two main zones of higher grade mineralisation that require follow-up testing both at depth and along strike.
Notably, the high grade hits in the Hinge Zone target have outlined a substantial zone of new gold mineralisation that has now been defined over 250m of strike and extending to at least 180m below surface.
There is potential to further grow the Hinge Zone given that mineralisation remains open at depth and along strike.
Other holes drilled below previously mined areas have defined substantial gold mineralisation extending over 350m of strike and 100m vertical depth that is open at depth.
This article was developed in collaboration with Great Northern Minerals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.