Drilling Delivers High Grade Gold Results
Great Northern Minerals Limited (ASX:GNM) continues to expand its Camel Creek Project in north Queensland, Australia with promising results from initial four metre composite results from the first batch of assays from its large ongoing reverse circulation (RC) drilling programme.
These results cover the first 24 holes drilled during late April and early May 2021 at Camel Creek for a total of 2876m. An additional 24 holes for approximately 2600m are currently being drilled with assays results due by the second week of June. The current programme is likely to be extended.
High grade four metre composite results at the Camel Creek Gold Project include:
- 56m @ 4.14 g/t Au (CCRC50) from 152m including 20m @ 10.87 g/t Au
- 40m @ 2.31 g/t Au (CCRC51) from 160m
- 36m @ 2.15 g/t Au (CCRC52) from 128m
- 12m @ 1.47 g/t Au (CCRC53) from 152m
- 24m @ 5.94 g/t Au (CCRC54) from 152m including 8m @ 14.79
- 8m @ 3.29 g/t Au (CCRC47) from 112mm
- 8m @ 1.58 g/t Au (CCRC48) from 52m
The high grades in CCRC50-CCRC54 relate to testing of the Hinge Zone target where deeper drilling in a new untested position has highlighted and outlined a substantial zone of new mineralisation which has now been outlined over 200m of strike and extending to at least 180m below surface. Although early days, grades and widths appear to be increasing at depth.
CCRC30-CCRC49 were drilled to the north on 40-80m centres, initially targeting underneath the previously mined areas. Results in these areas, although narrow are encouraging, as no deep drilling in these areas had previously been completed and this latest drilling has established gold mineralisation extending over 1600m of strike. Further deeper drilling in these areas is required.
Managing director, Cameron McLean, said that on completion of this campaign and receipt of final assays GNM will plan a follow up programme aimed at testing further strike extensions and down dip continuity to be followed by an initial resource estimate later in the year.
“This ongoing drill programme has returned the best assay results ever seen at Camel Creek and highlights the excellent potential for the delineation of a substantial gold resource,” Mr McLean said.
“The very high-grade results in the vicinity of the Hinge Zone target validates the previous work and targeting techniques adopted.
“Drilling is ongoing and further deep testing of the Camel Creek gold system testing over more than a kilometre is expected to be complete by the end of May 2021.”
This is the third RC drilling programme completed by GNM at Camel Creek with drilling now extending over 1600m of potential strike extent and providing confidence in the extent of the gold mineralisation so far defined.
The first programme conducted in August 2020 drilled 18 holes of RC drilling for 2516 metres with numerous high-grade intersections being returned and highlighted the potential of the Hinge Zone target for additional mineralisation in this area.
The second programme was conducted in December 2020 with four aircore holes for 285m and 11 slimline (four inch) RC holes for 805 metres being drilled.
This programme also successfully tested and extended the mineralisation existing underneath the previously mined shallow open pits.
