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Great Northern Minerals Ltd.
Summary
| Project: | Big Rush | |
|---|---|---|
| Deposit: | Big Rush | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 12/23/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-12-2019: Great Northern Minerals Ltd. announces an Exploration/Drilling Update report for its Big Rush deposit at the Big Rush project. Drilling results incl. 5m @ 12.64g/t Au from 92m. Great Northern Minerals Limited (“Great Northern Minerals” or the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Jones (Internal) | |
| ABSTRACT: | Great Northern Minerals Limited (“Great Northern Minerals” or the “Company”) (ASX: GNM) is pleased to announce the receipt of assay results from the first two Reverse Circulation (RC) drill holes at the Company’s Big Rush Gold Project in Northern Queensland (Figure 1). Assay results from the first 2 RC drill holes of an 8 hole drilling program at the Big Rush Project have now been received. All 8 holes were drilled beneath the Central Pit which was mined up until 1998. Hole BRRC1004 has returned a high grade intersection of 5m @ 12.64 g/t Au from 92 - 97 metres downhole (Table 1, Figures 2 & 3). Hole BRRC1005 has returned an intersection of 12m @ 1.11 g/t Au from 76 – 88m downhole (Figure 4). A total of 8 RC drill holes for 1,042 metres were completed at the project in early December and the assay results from the remaining 6 drill holes are expected to be available in early January 2020. The mineralised drill intercepts correspond to logged intervals of quartz veining and elevated amounts of visual arsenopyrite and pyrite. Gold assays were all by Fire Assay and multi-element assays, mainly for alteration studies, are awaited. The aim of the drilling program was to validate previous drilling results from the project to enable a maiden JORC-compliant resource to be estimated. Future drill programs will also look to target the Northern Pit, Southern Pit and Sergei Pit areas which have not had any drilling completed since 1997. | |
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