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Greatland Gold Plc
Summary
| Project: | Bromus | |
|---|---|---|
| Deposit: | Bromus | |
| Location: | Australia | |
| Commodities: | Gold-Silver-Nickel-Zinc-Cadmium-Sulphur | |
| Date: | 5/23/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-5-2017: Greatland Gold Plc announces an Exploration/Drilling Update report for its Bromus deposit at the Bromus project. Drilling results from Bromus Project. Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development compan | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Callum Baxter (Internal) | |
| ABSTRACT: | Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, provides an update of its drilling campaign at its 100% owned Bromus project. The drilling campaign, which consisted of two drill holes testing downhole Electromagnetic ("EM") targets, has intersected silver, zinc and other elements consistent with Volcanogenic Massive Sulphide ("VMS") style systems, thereby extending the strike to 1.5 kilometres. Additionally, the results of the drilling campaign returned low levels of nickel sulphide. Results from two drill holes testing downhole EM targets returned elevated levels of zinc, silver, cadmium and sulphur consistent with VMS style mineralisation and low levels of nickel sulphide. These results extend the VMS style mineralisation over approximately 1.5km of strike which is likely to extend further based on a preliminary review of data. Gervaise Heddle, Chief Executive Officer, commented: "There has been renewed interest in VMS style deposits in Western Australia after the demonstration of their potential at the DeGrussa deposit and historically at the Golden Grove deposit, a gold copper producer in Western Australia. VMS style deposits can have significant value with their multiple commodities, particularly if they have associated precious metals. Consequently, we intend the Bromus Project to focus solely on VMS style deposits and look forward to making progress and updating the market in due course. | |
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