200+ Historical Workings Identified at GDM’s Devils Mountain Project
Great Divide Mining Ltd (ASX:GDM) announced today the completion of independent 3rd party analysis of LiDAR data from its Devils Mountain project site
Conducted by LiDAR specialists GeoCloud Analytics using official Queensland Government survey data from 2023 the survey identified 204 historical mine workings, 7 shafts and evidence of another 185 workings.
“This new LiDAR dataset has allowed GDM to get a more accurate picture of all of the historical gold mining at Devils Mountain,” said Justin Haines, CEO. “Shafts and adits are good indicators of the presence of significant gold mineralisation, because of the effort invested in producing those old excavations.”
“The LiDAR results confirm GDM’s strategy of targeting areas of abundant historical workings and applying modern exploration technologies to those sites”, he said.
GDM’s Devils Mountain Project comprises 5 x EPMs (17685, 26062, 26135, 26709, 28438) located ~30 km northwest of Gympie. Highly prospective for gold the region is also known for copper, silver, lead, tungsten, mercury and manganese. The region’s geology is very similar to the proven and nearby Gympie gold fields.
The LiDAR has other benefits as well, said Haines, “it identifies previous access tracks and drill pads, allowing GDM to minimise earthworks and environmental impacts.”
“At GDM we say… Plan Twice … Dig Once !” said Haines
