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Great Northern Minerals Limited ( (AU:GNM) ) has provided an announcement.
Great Northern Minerals has completed detailed geological mapping at the Antimony Gulch vein system within its Catalyst Ridge Project, confirming the quartz-stibnite structure now extends 1.25 km with zones of intense silicification exceeding 40 metres in width. The mapping indicates a vertically zoned epithermal-style system, with near-surface antimony-tungsten-silver mineralisation overlying deeper gold-silver zones, and a structural setting analogous to the nearby Colosseum Gold deposit.
The company has applied for permits to run a Dipole-Dipole Induced Polarisation survey to better define sulphide mineralisation at depth and refine drill targets ahead of a planned drilling program. Management describes Catalyst Ridge as an emerging strategic asset, highlighting the opportunity to advance a domestic U.S. antimony discovery while simultaneously testing deeper gold and silver potential, positioning shareholders to benefit from exposure to a dual commodity system amid strong structural demand for critical minerals.
More about Great Northern Minerals Limited
Great Northern Minerals Ltd is an ASX-listed exploration company focused on critical and precious metals, including antimony, tungsten, gold and silver. The company is advancing its Catalyst Ridge Project in the southern Walker Lane Mineral Belt in the U.S., a prolific district known for high-grade epithermal gold-silver deposits and significant mineral endowment.
YTD Price Performance: -20.0%
Average Trading Volume: 804,596
Technical Sentiment Signal: Sell
Current Market Cap: A$17.48M
See more insights into GNM stock on TipRanks’ Stock Analysis page.