Greatland Gold in demand as drilling at Havieron confirms world class potential

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  • Greatland Gold upbeat on drilling results from Havieron gold-copper joint venture
  • Greatland Gold edges closer to a decision to mine, as the high grade drill results continue to flow in
  • Greatland’s gold resource at Haveiron likely to be “materially expanded” as drilling continues
  • Drilling results at Greatland Gold’s Havieron support resource expansion
Newcrest Mining -

Quick facts: Greatland Gold PLC

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The principal activity of Greatland Gold PLC is to explore for and develop natural resources, with a focus on gold. The Company was established in London during 2005 and admitted to AIM in July 2006.

22 Jul 2021

() said new drilling results continue to support the potential for resource expansion of the Havieron gold-copper project in Western Australia.

Newcrest Mining Ltd (), its joint venture partner in the project, has completed a total of 184,081 metres of drilling from 212 holes so far. Seven new drill holes, previously unreported, have all intersected significant mineralisation.

The drilling continued to confirm extensions to the high-grade South East Crescent and the Northern Breccia mineralisation below and around the initial inferred mineral resource estimate. Drill hole HAD138 (Northern Breccia) reported 84.5 metres at 2.0 grammes a tonne (g/t) gold and 0.05% copper from a depth of 683 metres, including 12.7 metres at 6.0 g/t gold and 0.01% copper.

Greatland Gold said construction activities at the project are also progressing well.

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08 Jul 2021

() has appointed Christopher Toon as chief financial officer, in a non-board role, with effect from July 12, 2021.

Toon is a senior finance professional with a track record of overseeing the development of fast-growing mining businesses, said the AIM-listed exploration and development company.

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10 Jun 2021

() is unique amongst London-listed gold stocks, according to broker , which today kicks off its coverage of the mining share with a ‘speculative buy’ recommendation.

It has been a strong performing share on AIM nonetheless with a price target of 25p the broker suggests some 25% of further upside to the current price. Meanwhile, analyst Sam Catalano highlights a number of possible value catalysts that may push the price further.

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15 Jun 2021

As if we hadn’t had enough of it already, the positive newsflow from () just keeps on coming.

Just over a week ago the company’s joint venture partner at the Havieron discovery in Western Australia, Newcrest Mining Ltd () commenced construction of a decline that’s designed to go down all the way to the top of the mineralization.

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22 Jul 2021

() has reported further high grade and long intercepts from ongoing drilling at its Havieron project in Western Australia.

According to analysis by Berenberg, the results so far suggest the existence of extensions to the northern breccia zone already outlined by Greatland and its partner Newcrest Mining Ltd.

Among the highlights were intercepts of 84.5 metres grading two grams per tonne gold and 0.05% copper and 36.2 metres at 2.7 grams gold and 0.09% copper.

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10 Jun 2021

‘s () most recent exploration update shows the company is advancing the potential size and value of the gold-copper orebody at its Havieron project.

Chief executive officer Shaun Day tells Proactive London that every time the explorer drills at Haveiron it hits really good mineralisation. “Seven holes. Seven good intercepts,” says Day, gives the team and shareholders confidence about “the continuity and the continuation of grade in this ore body.” He’s also confident that Greatland will deliver the pre-feasability study in the second half of 2021.

The Havieron project is operated by Newcrest under a Joint Venture Agreement with Greatland and Day adds: We’ve got this beautiful opportunity to have a low risk start up with an incumbent operator.”

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