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Greatland Gold Plc
Summary
| Project: | Ernest Giles | |
|---|---|---|
| Deposit: | Ernest Giles | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 1/12/2017 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-1-2017: Greatland Gold Plc announces an Exploration/Drilling Update report for its Ernest Giles deposit at the Ernest Giles project. Drilling results incl. 60m peaking at 0.78g/t Au from 140m. Greatland Gold plc (LON:GGP), the London Stock Exchange AIM | |
| 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, is pleased to announce that drilling has successfully identified two large zones of gold mineralisation at its Ernest Giles project in Western Australia. Callum Baxter, Executive Director, commented: 'We are very pleased to report the identification of two large zones of relatively near surface mineraliation as detected by the ambitious drilling campaign recently completed at our 100% owned Ernest Giles project. Greatland's Ernest Giles project covers over 1,000 square kilometres of a large greenstone belt which remains virtually unexplored. These preliminary results, based on 4 metre compositie samples, confirm our view that this large greenstone belt is highly prospective for gold and may contain similar multiple million ounce gold deposits as have been discovered in other large greenstone belts in Western Australia. We are particularly pleased with the extent of the mineralisation identified (up to 6 kilometres in length), the wide zones of mineralisation (gold anomalous zones over tens of metres), and the relative proximity to surface of the mineralisation. Greatland is currently exploring several options to further advance this exciting project and will begin the process of planning further work at the project once the 1 metre re-sampling results are received. | |
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