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Transaction Announcement Reports
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Project: | Ernest Giles | |
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Deposit: | Ernest Giles | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 1/19/2017 | |
Report Code: | (no Code) | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 19-1-2017: Greatland Gold Plc announces an Exploration/Drilling Update report for its Ernest Giles deposit at the Ernest Giles project. Drilling results incl. 2m @ 1.51g/t Au. Greatland Gold plc (LON:GGP), the London Stock Exchange AIM listed precious and | |
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 further analysis of samples from recent drilling confirms gold mineralisation at its Ernest Giles project in Western Australia. Callum Baxter, Executive Director, commented: 'We are very pleased to be able to report these results from our first systematic, wide-spaced drilling campaign at our 100% owned Ernest Giles gold project. On 12th January 2017, Greatland reported that results from our recent ambitious drilling campaign at Ernest Giles had successfully identified two large zones of gold mineralisation, including a Western zone of 6km in length and 1.5km in width, and an Eastern zone of 2km in length and 1.5km in width. These results reported today provide support for the view that this large greenstone belt is highly prospective for gold and may contain similar multiple million ounce deposits as have been discovered in other large greenstone belts in Western Australia. Greatland continues to explore several options to advance this exciting project. Significant results of the 1m sampling are presented in Table 1 at the end of this release. | |
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