We are pleased to announce that we have been granted travel permits ahead of a drilling program across the three Great Northern gold projects in North Queensland.
We are reviewing drilling contracts and expects to appoint an experienced drilling contractor in the next week, targeting a drilling start late July.
The program has been selectively designed and will encompass reverse circulation drilling to follow up on the successful results from the 2019 program and will include the first drilling at the Camel Creek Project.
The key objectives of the planned drilling campaign are:
- To follow up on several historic shallow intersections at Big Rush and drilling completed by the Company in late 2019 which returned intersections such as 44m @ 4g/t Au, 20m @ 3.2 g/t Au, 27 m @ 2.7 g/t Au. All of these have not been followed up at depth. The best historic intersection at Big Rush being 17m @ 33.6 g/t Au.
- To further explore the gold systems at Big Rush and Camel Creek in particular, which extend over several kilometres. The potential to outline and define a significant resource located between 30-200 metres is a key objective of future drilling.
- To assess the 2 million tonnes of previously mined material which was subject to heap leaching in the late 1980s, for remnant material which may be economic.
For more information see the complete ASX announcement HERE