Great Northern boosts funds for NQ gold campaign
North Queensland gold developer Great Northern Minerals has raised $1.6 million through a share placement to accelerate its exploration push.
The company is focused on the Golden Ant group of projects that it acquired in August 2019, which includes the former Big Rush, Camel Creek and Golden Cup gold mines.
It said this week it was extending its current drilling program at Big Rush, south of Greenvale in North Queensland.
Planning for deeper diamond drilling underneath the central pit at that site is well underway.
As well as support for capital raising from new institutional investors and existing sophisticated. . .
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