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An update from Great Northern Minerals Limited ( (AU:GNM) ) is now available.
Great Northern Minerals has identified two significant new drill targets, Iron Butte North and Iron Butte East, at its Iron Butte Gold–Silver Project in Nevada, extending prospective ground beyond the central mineralised zone. The targets exhibit similar geology, alteration and geochemical signatures to the known near-surface oxide system, with strong gold-silver rock chip assays and soil anomalies in areas that have never been drilled.
These additions are expected to play a prominent role in the company’s future drilling strategy and could materially expand the mineralised footprint supporting a maiden Inferred JORC-compliant Mineral Resource at Iron Butte. A geophysical review is under way to refine drill locations and guide permitting, underscoring the project’s growing scale and potential upside for Great Northern Minerals’ resource base and investors.
More about Great Northern Minerals Limited
Great Northern Minerals Limited is an ASX-listed exploration company focused on gold and silver projects, with a key asset at the Iron Butte Gold–Silver Project in Lander County, Nevada. The company targets low-sulphidation epithermal systems and is working toward defining JORC-compliant mineral resources to advance its portfolio in North American precious metals markets.
YTD Price Performance: -28.89%
Average Trading Volume: 621,997
Technical Sentiment Signal: Sell
Current Market Cap: A$15.6M
See more data about GNM stock on TipRanks’ Stock Analysis page.