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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL
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Company Profile
Great Northern Minerals Limited is an Australia-based gold focused explorer and developer. The Company is engaged in developing two gold projects and a gold/antimony project in North Queensland. The Company has approximately 660 square kilometers (km2) of ground holdings covering four known gold-antimony trends (structural corridors). The Company’s North Queensland gold projects include Golden Cup Mine, Camel Creek and Douglas Creek. The Golden Cup Mine is located approximately 15 kilometers (km) from the Camel Creek Mine and produces 201,081t @ 2.83 grams per ton (g/t) gold. Both the Camel Creek and Golden Cup are situated in Northern Queensland, 215 km west of Townsville. The Company’s Camel Creek project consists of approximately 28 open pits. It also consists of seven granted mining leases. Douglas Creek produces 2.0 g/t gold, 84 g/t silver and 11.0% copper.
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