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Greatland Gold Plc

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Summary

Project:

Bromus

Deposit:Bromus
Location:Australia
Commodities:Gold-Silver-Nickel-Zinc-Cadmium-Sulphur
Date:9/20/2016
Report Code:(no Code)
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:20-9-2016: Greatland Gold Plc announces an Exploration/Drilling Update report for its Bromus deposit at the Bromus project. Drilling results incl. 3m @ 1.3g/t Ag, 0.5% Zn from 185m. Greatland Gold plc (LON:GGP), the London Stock Exchange AIM listed precio
Resources:x
CP/QP:[Overall Report]: Callum Baxter (Internal)
ABSTRACT:Greatland Gold plc (LON:GGP), the London Stock Exchange AIM listed precious and base metals exploration and development business, announces results from recent drilling at the Bromus project. Callum Baxter, Executive Director, commented: "Initial results from the limited drilling campaign recently conducted at Bromus are indicative of a polymetallic VMS-style system. Most notably, the association of silver, zinc, cadmium and sulphur that was detected in both BRD002 and BRD004 is relatively unusual in the region, and Greatland intends to do further work over the next few weeks, including downhole EM, in order to better ascertain the nature and size of the mineralization. Greatland will continue to update the market with developments at Bromus as our work to understand this new system continues." The Bromus project is located in southern Western Australia, approximately 25km south west of the town of Norseman, and covers approximately 93 square kilometres. Several significant clusters of gold and nickel sulphide deposits lie in the region, such as those at Central Norseman, Kambalda and Widgiemooltha. Greatland owns 100% of the project. A review of detailed airborne geophysics defined a 4.5km long nickel sulphide prospective ultramafic, with coherent elevated surface geochemistry to 2,690ppm Ni, within the Bromus project area. Field work confirmed the presence of flow textured ultramafic lithologies and, despite the proximity to other deposits, no previous exploration for nickel sulphides is apparent. A fixed loop ground electromagnetic (EM) survey was completed over the entire 4.5km strike returning data of extremely high quality, with excellent ground penetration.

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