Great Northern Minerals is establishing a new goldfield in Northern Queensland.

Great Northern Minerals has secured three gold mines containing some very high-grade mineralisation. The mines have previously produced more than 150,000 oz at an average grade of 1.91g/t Au.

The company is optimistic of meeting the exploration targets of nearly 600,000 ounces that have been defined at each of Golden Cup, Camel Creek and Big Rush of between 198,000 and 590,000 ounces of gold to be present within the top 100 vertical metres alone.