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Green & Gold Minerals Limited (ASX:GG1)

ALERT: Price-sensitive ASX Announcement for GG1
Current share price for GG1 : $0.160 0.025 (18.52%)+
Announcement
Release
1 Jun 2026 8:30AM
Price at Release
$0.135
Full Release
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Summary
Green & Gold Minerals Limited has reported high-grade rock chip assay results from their Copper Hills and Mt Gossan prospects as part of their ongoing exploration activities at the Herberton Mineral Field in Queensland. The company, listed on the ASX under the code GG1, is conducting drilling operations that began in late May 2026, targeting copper, silver, tin, indium, and gold mineralization. The Mt Gossan breccia, in particular, has shown promising concentrations of these metals, with significant tin and indium grades, accompanied by elevated gold values. The exploration results include assays from both new and historical data, with copper grades ranging from 0.1% to 0.4%, consistent with expected values for a leached iron oxide cap typical of gossan formations. Green & Gold Minerals is committed to continuing its exploration and drilling programs in the region and has made all necessary notifications to native title holders for the planned activities.
Key Points
  • High-grade rock chip assay results reported from Copper Hills and Mt Gossan.
  • Drilling began in late May 2026 at Herberton Mineral Field, Queensland.
  • Targets include copper, silver, tin, indium, and gold.
  • Mt Gossan breccia shows significant tin and indium grades with elevated gold values.
  • Copper grades range from 0.1% to 0.4% in the leached iron oxide cap.
  • Exploration includes both new and historical data.
  • Notifications made to native title holders for planned exploration activities.
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.