Big Rush results point to potential large gold resource
The historical mine site is part of the Golden Ant group of projects the Perth-based company acquired in August 2019, which also includes the former Camel Creek and Golden Cup gold mines.
Today Great Northern Minerals released results from 1m individual resplits from a recent drilling campaign confirming high grades and significant widths over 900m of strike length.
A deeper drilling program is planned this month to further test the zones at depth.
“The one metre results have confirmed the potential for very high grades to extend to significant vertical depth, particularly underneath the central pit,” managing director Cameron McLean said.
“Results from underneath the northern pit are pointing to excellent further potential in this area and the planned deeper diamond drilling program which is about to commence is designed to test for extension of the higher grade gold results.
“Anomalous gold mineralisation at Big Rush is now documented to occur over at least 1km of strike, with additional strike extension apparent.”
New Zealand-based Chatham Rock Phosphate has made a $12.3 million deal to acquire the Korella phosphate mine, 150km south-east of Mount Isa.The compan...