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Great Divide Mining Ltd (ASX:GDM)

ALERT: Price-sensitive ASX Announcement for GDM
Current share price for GDM : $0.335 0.025 (8.06%)+
Announcement
Release
15 Jan 2026 9:35AM
Price at Release
$0.310
Full Release
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Summary
Great Divide Mining Ltd (GDM) has confirmed high-grade gold, silver, and antimony prospectivity in their Coonambula Antimony-Gold Project located in Queensland, Australia. The project features significant historical antimony mining at the Banshee mine and nearby prospects, such as Lady Mary and McKonkeys North. Exploration efforts include trench sampling and drilling which have yielded promising results, such as antimony grades up to 65.3% and gold grades up to 17g/t. The project aims to define new mineralisation and resource extensions while continuing exploration and data analysis.
Key Points
  • High-grade gold, silver, and antimony confirmed at Coonambula.
  • Significant antimony mining history at Banshee mine.
  • Lady Mary and McKonkeys North are additional key prospects.
  • Exploration includes trench sampling and drilling.
  • Antimony grades up to 65.3% Sb, gold up to 17g/t Au.
  • Focus on defining new mineralisation and resource extensions.
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.