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The latest announcement is out from Great Northern Minerals Limited ( (AU:GNM) ).
Great Northern Minerals Limited has reported a significant antimony discovery at its Catalyst Ridge Project, identifying a quartz-stibnite vein traceable over approximately one kilometre with widths up to six metres, and rock chip assays returning up to 7.1% antimony alongside notable silver and tungsten values. The company has applied to expand the project area to 20.48 square kilometres, is undertaking further sampling and geochemical work, and plans geophysical surveys to refine drill targets, with management highlighting geological similarities to established deposits that could enhance the project’s potential and underpin future value for shareholders.
More about Great Northern Minerals Limited
Great Northern Minerals Limited is an ASX-listed exploration company focused on mineral projects, with a particular emphasis on critical and precious metals such as antimony, gold and associated minerals. The company’s Catalyst Ridge Project is a key exploration asset, where it is targeting antimony and potentially gold mineralisation within a geologically prospective region.
YTD Price Performance: 192.86%
Average Trading Volume: 2,708,227
Technical Sentiment Signal: Sell
Current Market Cap: A$19.39M
For detailed information about GNM stock, go to TipRanks’ Stock Analysis page.