Great Northern drilling adds to its Camel Creek knowledge

Drilling to improve Great Northern’s knowledge of mineralisation at its Camel Creek project has returned further high-grade hits topping up at 8m at 17.51g/t gold.

The 15-hole drill program totalling 3,262m, which includes three holes drilled as diamond pre-collars, was designed to follow up on the previous significant results returned from the Hinge Zone and beneath the Northern Pit area.

Besides returning more high-grade hits, Great Northern Minerals (ASX:GNM) noted that the drilling has provided important information highlighting the geometry of the gold mineralisation outlined to date at the North Queensland project.

“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,” managing director Cameron McLean noted.

“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.”

The company adds that the more detailed 1m samples are expected within a few weeks and will also be analysed for multi-element assays and gold.

Camel Creek

Camel Creek is one of three historically mined projects that make up the company’s North Queensland assets.

These three projects had combined historical gold production of 160,000oz at an average grade of 1.91g/t gold.

While work by Great Northern has defined a resource of 154,000oz at Big Rush and 30,000oz at Golden Cup, Camel Creek has the potential to outstrip its counterparts as it has the largest gold system.

Drilling in the first half of 2021 had outlined a number of very high-grade gold zones at the project with results such as 1m at 153.89g/t gold at the top of a 18m intersection at 14.09g/t gold from 191m.

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.