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Great Divide Mining Ltd ( (AU:GDM) ) has issued an announcement.
Great Divide Mining Ltd, in partnership with Dart Mining NL, has announced the discovery of the highest gold grades ever recorded at the Banshee Antimony Mine within the Coonambula Antimony-Gold Project. This significant finding underscores the potential of the Coonambula site to host a large antimony-gold system, enhancing the project’s scale and quality. The joint venture allows Dart Mining to earn up to a 51% interest by meeting specific drilling and reporting milestones, with Great Divide Mining retaining tenement ownership and a carried interest during the exploration phase.
More about Great Divide Mining Ltd
Great Divide Mining Ltd is a company involved in the mining industry, focusing on the exploration and development of mineral resources. Its primary focus is on the Coonambula Antimony-Gold Project in Central Queensland, where it is working in a joint venture with Dart Mining NL to explore and potentially develop a significant antimony-gold system.
Average Trading Volume: 29,602
Technical Sentiment Signal: Sell
Current Market Cap: A$15.36M
See more data about GDM stock on TipRanks’ Stock Analysis page.