STTCOMP GNM, FA LONG
Market Cap: $14.51 M
Shares: 1.21 B
SP: $0.012
Impressive One Metre Assays Results Confirm High Grades at Camel Creek 28 June 2021
HIGHLIGHTS:
One Metre assay results at the Camel Creek Gold Project include:
· 58 m @ 5.86 g/t Au (CCRC50) from 155 metres including 18 m @ 14.09 g/t Au
· and 1 m @ 153.89 g/t Au from 191 metres
· 22 m @ 7.38 g/t Au (CCRC54) from 154 metres including 15 m @ 10.43 g/t Au
· 32 m @ 2.62 g/t Au (CCRC51) from 164 metres including 7 m @ 5.79 g/t Au
· 34 m @ 2.52 g/t Au (CCRC52) from 126 metres
· 61 m @ 1.62 g/t Au (CCRC63) from 167 metres including 35 m @ 1.95 g/t Au
· 9 m @ 2.66 g/t Au (CCRC72) from 52 metres
· 29 m @ 2.77 g/t Au (CCRC73) from 78 metres including 16 m @ 4.03 g/t Au
· 8 m @ 2.77 g/t Au (CCRC76) from 56 metres
· 20 m @ 1.79 g/t Au (CCRC77) from 95 metres
· 14 m @ 1.76 g/t Au (CCRC78) from 57 metres
One metre results have confirmed and enhanced the four metre composite results and have clearly outlined a number of very high grade gold zones with results confirming deeper and higher grade mineralisation at the Hinge Zone target which remains open at depth and along strike.
GNM Managing director, Cameron McLean commented on the announcement: “The finalisation of our first program at Camel Creek for 2021 and these latest one metre assay results have returned some of the best and most significant assay results ever seen at Camel Creek. We look forward to the next program, designed to test and extend the high grade and strike extensive gold mineralised zones highlighted. Drilling is due to commence by the end of July 2021 and will be targeted on further deep testing of the Camel Creek gold system, particularly in the Hinge Zone target area.”
GNM closed up 9.09 percent on Friday, July 23,2021, on 19% of normal volume. Drilling to recommence late July 2021
