PRESS RELEASE: 200+ Historical Workings Identified at GDM’s Devils Mountain Project

Latest Press Release

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

Media Contacts:

Name: John KochanskiCompany: Great Divide MiningEmail: [email protected]Phone: 0411831122

Attachments:

LiDAR-Devils-Mtg.jpg

January 30, 2025/by Reland Pigte

About Great Divide Mining

Great Divide Mining (ASX:GDM) GDM listed on the ASX on 23rd August 2023. It operates four gold and base metal projects across 12 granted Queensland tenements and is working towards restarting the Adelong Gold Mine in NSW with its 17 mining titles and 1 exploration licence. It’s commercial model focusses on historically significant workings, leveraging brownfield permitting opportunities, utilising details of these workings, targeted in-fill drilling programs and the application of modern exploration and mining technologies. Recommissioning of previously mined sites delivers significant reduction in exploration risk and ensures the company minimises its environmental impacts. Its core values are to responsibly transition exploration projects to positive cash flow in efficient time frames. Contact: Justin Haines, CEO e [email protected] m +61 (0)418 876 420

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