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Greatland Gold Plc
Summary
| Project: | Paterson | |
|---|---|---|
| Deposit: | Black Hills | |
| Location: | Australia | |
| Commodities: | Gold-Copper | |
| Date: | 9/23/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-9-2019: Greatland Gold Plc announces an Exploration/Drilling Update report for its Black Hills deposit at the Paterson project. Drilling results incl. 56m @ 0.56g/t Au from 68m. Greatland Gold plc (AIM:GGP), the precious and base metals exploration and | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mick Sawyer (Internal) | |
| ABSTRACT: | Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, is pleased to provide an exploration update on results received to date from drilling at its 100% owned Black Hills project in the Paterson region of Western Australia. A Reverse Circulation ("RC") drilling programme has been completed at Black Hills. A total of twenty RC holes for 5,846m were drilled to depths ranging from 154m to 500m. All holes were sampled from surface to end of hole as four metre composites. Analytical results have been received for 14 of the 20 holes completed (drill holes SRRC001 through SRRC014) and are reported in this announcement. Gervaise Heddle, Chief Executive Officer, commented: "The presence of several broad intersections of mineralisation in Greatland's first drill campaign at Black Hills is an encouraging development. We believe that Black Hills has significant potential to host gold mineralisation, similar in style to that seen at Newcrest's nearby Telfer mine, although the project remains at a very early stage. We will conduct additional analysis once the remaining four and single metre results are received to determine the best way to further advance exploration at Black Hills." In June 2018, Greatland commenced its first exploration campaign at Black Hills. Surface rock chip sampling located outcropping gold mineralisation over several hundred metres at the Saddle Reefs prospect and subsequent geophysical work outlined a large, coherent chargeability anomaly over 1,400m of strike, spatially associated with gold mineralisation identified at surface. Recent drilling completed at Black Hills has partially tested the Saddle Reefs prospect and has confirmed the presence of gold and copper mineralisation. | |
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