Completion of 1st Earn-In Interest

Great Northern Minerals Limited (ASX: $GNM) has successfully completed the 1st earn-in interest sale of Golden Ant shares. Great Eastern Gold Ltd (ACN 635 973 134) ('GEG') has received a 13.75% interest in the Golden Ant shares, while GNM now holds an 86.25% interest in Golden Ant. The completion follows the satisfaction of all conditions precedent under the Transaction Agreement and the 1st earn-in conditions, including the payment of an exclusivity fee of $25,000 and the 1st earn-in consideration of $475,000 by GEG to the Company.

Executive Commentary

The completion of the 1st earn-in interest sale of Golden Ant shares marks a significant milestone for Great Northern Minerals. This transaction demonstrates our commitment to strategic partnerships and the advancement of our projects. We are pleased to have GEG as a partner and look forward to the potential benefits that may arise from this collaboration.

Summary of Completion and Outlook

Great Northern Minerals Limited (ASX: $GNM) has successfully completed the 1st earn-in interest sale of Golden Ant shares, with GEG receiving a 13.75% interest in the Golden Ant shares. The Company now holds an 86.25% interest in Golden Ant. Looking ahead, GNM aims to continue its focus on developing new gold camps in North Queensland based on the Golden Ant Project. Additionally, the acquisition of highly prospective lithium projects in Finland reflects the Company's diversification and exploration of new opportunities in the mineral sector.