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Greatland Gold Plc

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Summary

Project:

Firetower

Deposit:Firetower
Location:Australia
Commodities:Gold-Silver
Date:12/17/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:17-12-2019: Greatland Gold Plc announces an Exploration/Drilling Update report for its Firetower deposit at the Firetower project. Drilling results incl. 38m @ 1.12g/t Au, 2.4ppm Ag from 11m. Greatland Gold plc (AIM:GGP), the precious and base metals expl
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 announce that further results from diamond drilling at the Company's 100% owned Firetower project in Tasmania, Australia confirm the presence of additional broad widths of shallow gold mineralisation. In addition, zinc and silver mineralisation has been intersected in the first drill hole at Firetower East. A systematic, grid-based drilling programme at Firetower, comprising 14 diamond holes with depths from 50m to 160m, for a total of approximately 1,530 metres, has been completed. The programme was designed to test the main zone of gold mineralisation and results to date have confirmed broad widths of gold mineralisation (see announcement dated 24 September 2019). In addition to this programme, two further holes for a total of approximately 670m were drilled to test new targets identified by last year's 3D Induced Polarisation ("3DIP") survey at Firetower East, approximately 500m east of Firetower. Analytical results have been received for a further eight diamond holes (including the first drill hole at Firetower East) and two hole extensions and are reported in this announcement.

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