Coonambula Moves Toward Maiden JORC Resource

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Stock Great Divide Mining Ltd (GDM.ASX)
Release Time 10 Jul 2026, 8:24 a.m.
Price Sensitive Yes
 Great Divide Mining: Coonambula Progresses Toward Maiden JORC Resource
Key Points
  • 4,100m drilling program completed at Banshee Prospect
  • Gold mineralisation confirmed over 730m of strike
  • High-grade antimony and silver zones identified
  • Project advances toward maiden JORC Mineral Resource Estimate
Full Summary

Great Divide Mining Ltd (ASX:GDM) announced that exploration at the Banshee Prospect within the Coonambula Antimony-Gold Joint Venture has reached a significant milestone. Dart Mining NL (ASX:DTM) completed a 4,100m drilling program, confirming gold mineralisation over a 730m strike length. The project is now advancing toward a maiden JORC Mineral Resource Estimate, with high-grade antimony and silver zones identified. The best intersection from the final batch returned 12.0 metres at 1.03 g/t Au and 1.01 g/t Ag from 128.0 metres. The completed drilling program has confirmed gold mineralisation across the entire strike length, with higher-grade antimony and silver occurring within the broader gold-bearing system.