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Greatland Gold Plc

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Summary

Project:

Firetower

Deposit:Firetower
Location:Australia
Commodities:Gold-Silver
Date:1/21/2020
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:21-1-2020: Greatland Gold Plc announces an Exploration/Drilling Update report for its Firetower deposit at the Firetower project. Drilling results incl. 31m @ 2581ppm Zn, 0.06g/t Au, 1.6ppm Ag from 184m. Greatland Gold plc (AIM:GGP), the precious and base
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 final results from diamond drilling at the Company's 100% owned Firetower project in Tasmania, Australia. In 2019, the Company completed a systematic, grid-based drilling programme at Firetower, comprising 14 diamond holes with depths from 50m to 160m, for a total of approximately 1,530m. The programme was designed to test the main zone of gold mineralisation and results to date have confirmed broad widths of gold mineralisation (see announcements dated 24 September and 17 December 2019). In addition to this programme, two further holes for a total of approximately 670m were drilled to test new targets identified as strong chargeability responses by a 3D Induced Polarisation ("3DIP") survey conducted in 2018 at Firetower East, approximately 500m east of Firetower. Analytical results for the final two diamond holes (foremostly the second hole at Firetower East) have been received and are reported in this announcement.

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