Great Northern’s Camel Creek is returning ‘best results ever seen’
Final composite assay results have underscored the potential of Great Northern Minerals’ (ASX:GNM) Camel Creek project to host a substantial gold system.
It is not hard to see why when the assays from the last 25 holes drilled during late May confirm the presence of deeper and higher grade mineralisation at the Hinge Zone target that remains open at depth and along strike.
Notable results include 72m grading 1.26 grams per tonne (g/t) gold from 164m including 44m at 1.49g/t gold, 20m at 2.03g/t gold from 76m and 20m at 3.04g/t gold from 76m.
“The finalisation of our first program at Camel Creek for 2021 has 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.”
This follow-up drilling program will be followed by an initial resource estimate later this year.
Great Northern notes that the drilling has now outlined a substantial zone of new mineralisation over 250m of strike and extending to at least 180m below surface.
Importantly, the one of the southernmost holes CCRC63 also returned the thickest intersection in this batch of results and is open to the south and at depth.
Additionally, holes CCRC67 to CCRC78 were drilled to the north to test mineralisation under previously mined areas.
Results from these holes were consistent and have defined gold mineralisation over 350m of strike and 100m vertical depth.
The company also noted that results from 1m samples that will more accurately define and document the intersections indicated from the 4m composites are expected within the next few weeks.
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.