Camel Creek delivers high-grade results
The first 24 holes returned with outstanding intersections and pointed to deeper and higher grade mineralisation at the North Queensland site.
“This ongoing drill program has returned the best assay results ever seen at Camel Creek and highlights the excellent potential for the delineation of a substantial gold resource,” managing director Cameron 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.”
High grade 4m composite results at the Camel Creek project include 56m at 4.14 g/t gold (including 20m at 10.87 g/t gold) and 24m at 5.94 g/t gold (including 8m at 14.79 g/t).
The company kicked off the latest campaign at the North Queensland gold site last month on the back of a recent $3 million fund raising.
It is set to establish a maiden JORC resource estimate for the Camel Creek gold system, where programs last year returned numerous high-grade intersections.
The Camel Creek, Big Rush and Golden Cup historical mine sites are part of the Golden Ant group of projects that Great Northern Minerals acquired in August 2019.
The results announced today stem from 24 holes drilled during late April and early May 2021 at Camel Creek for a total of 2876m.
Great Northern said anomalous gold was encountered in almost every hole, establishing strike continuity over 1600m.
An additional 24 holes for about 2600m are being drilled, with assays results due by the second week of June. The current program is likely to be extended.
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