Latest Great Northern Minerals (ASX:GNM) News

Great Northern Minerals has identified at least three undrilled chargeability anomalies at its Douglas Creek project in North Queensland, supported by gold, copper, silver and bismuth surface results. The targets sit around a large reverse-polarised magnetic tonalite body that extends to an interpreted depth of about 1 kilometre, but drilling is not expected until mid-2027.

Great Northern Minerals (ASX: GNM) reported a $3.8 million loss for FY26 amid major US acquisitions, including the Iron Butte gold-silver project with a maiden resource of 480,000 oz gold and 11.5 million oz silver, and the Catalyst Ridge rare earths project. The company also completed a $2 million divestment of its remaining Golden Ant interest.

Great Northern Minerals has uncovered four undrilled chargeability anomalies at its Iron Butte Gold-Silver Project in Nevada, setting the stage for a maiden drilling campaign aimed at expanding the existing resource.

A brutal sell-off in a few small caps sat alongside takeover bids, fresh capital raisings and strong gains in medtech. The week split the market in two: buyers chased clear funding and approval news, while weaker stories sank fast after reopening.

Big price swings hit the materials board as deal news, capital raisings and resource updates pulled stocks in opposite directions. Gold M&A stayed busy, while critical minerals names kept feeding the market with drilling, testwork and project studies.

Great Northern Minerals has unveiled a maiden Inferred Mineral Resource Estimate at its Iron Butte Gold-Silver Project in Nevada, quantifying 480,000 ounces of gold and 11.5 million ounces of silver. The deposit remains open for expansion, with drilling planned for Q3 2026 backed by $3.9 million in cash.

Great Northern Minerals Limited has voluntarily suspended trading of its securities on the ASX pending an updated Mineral Resource Estimate for its Iron Butte Gold-Silver Project, with trading expected to resume by 15 June 2026.

Great Northern Minerals has significantly enlarged its Iron Butte Gold-Silver Project in Nevada by staking 46 additional lode claims covering around 950 acres. The new ground shows promising geological and geochemical signatures, setting the stage for imminent resource estimation and drilling.

Great Northern Minerals has pinpointed two fresh drill targets at its Iron Butte gold-silver project in Nevada, potentially broadening the mineralised zone beyond the current resource footprint. Supported by strong soil anomalies and rock assays, these targets reinforce the project's epithermal system credentials and feed into an imminent maiden resource estimate.

Great Northern Minerals has confirmed a 1.25-kilometre quartz-stibnite vein at its Catalyst Ridge Project, revealing a vertically zoned system with near-surface antimony, tungsten, silver and deeper gold-silver potential in a prolific US mining belt.

Great Northern Minerals Ltd has finalised the sale of its remaining minority interest in Golden Ant Mining Pty Ltd, receiving $1.9 million in cash and strengthening its liquidity to approximately $4.4 million. The company plans to deploy these funds towards ongoing exploration and potential acquisitions.

Great Northern Minerals has fast-tracked the sale of its remaining 37% interest in Golden Ant Mining to Great Eastern Gold for $2 million, strengthening its cash position and sharpening focus on wholly owned projects.