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Great Divide Mining Ltd (ASX:GDM)

ALERT: Price-sensitive ASX Announcement for GDM
Current share price for GDM : $0.325 -0.015 (-4.41%)+
Announcement
Release
15 Dec 2025 9:33AM
Price at Release
$0.340
Full Release
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Summary
Dart Mining NL, in collaboration with Great Divide Mining, announced the highest gold assay results so far from drill hole CBADD002 at the Banshee Antimony Mine, part of the Coonambula Antimony-Gold Project in Central Queensland. The project, conducted under a Farm-In Joint Venture, revealed significant gold and antimony intersections. Key highlights include multiple gold zones with accompanying antimony mineralisation, such as 1.4 meters at 2.00 g/t gold and 0.97% antimony from 134.0 meters depth, and 6.5 meters at 5.1 g/t gold and 0.15% antimony from 180.0 meters depth. These findings confirm a broader mineralisation trend containing highly mineralised stibnite zones. Future steps include completing and interpreting IP survey results, continued drilling, refining drill plans, and developing a 3D model to declare a JORC resource.
Key Points
  • Highest gold results at Banshee Antimony Mine
  • Coonambula Antimony-Gold Project in Central Queensland
  • Farm-In Joint Venture with Great Divide Mining
  • Significant gold and antimony intersections
  • Key results from drill hole CBADD002
  • Broader gold zones containing stibnite
  • Future exploration plans including IP survey and 3D modelling
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.