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Great Northern Minerals Advances Golden Ant Stake as GEG Hits 63%
8:39am on Monday 2nd of June, 2025 AEST
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Mining
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Great Northern Minerals Advances Golden Ant Stake as GEG Hits 63%
8:39am on Monday 2nd of June, 2025 AEST
Key Points
Third earn-in stage completed with $1.3 million payment from Great Eastern Gold
GEG's ownership in Golden Ant Mining rises to 63%, GNM retains 37%
GEG holds option to increase stake to 90% by paying $1 million within 24 months of gold production
Golden Ant Mining project comprises eight mining licences in Queensland
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