http://www.proactiveinvestors.co.uk Proactiveinvestors RSS feed en Wed, 18 Oct 2017 12:16:47 +0100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[RNS press release - TR-1: Notification of major holdings ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171017115218_13399423/ Tue, 17 Oct 2017 11:52:18 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171017115218_13399423/ <![CDATA[News - Greatland Gold applies to extend exploration area at the Ernest Giles gold project ]]> http://www.proactiveinvestors.co.uk/companies/news/185647/greatland-gold-applies-to-extend-exploration-area-at-the-ernest-giles-gold-project-185647.html Greatland Gold plc (LON:GGP) has applied for a new exploration licence to expand its landholding at the Ernest Giles gold project to more than 2,000 kilometres.

If the licence application is successful then the eastern blocks of the Ernest Giles project will encompass roughly 800 square kilometres (km), covering a north-south trending sequence of rocks, some 90 km long, representing an extension of the gold prospective Ernest Giles greenstone sequences.

READ Greatland Gold boosted by new findings at Ernest Giles East gold

"Recent MMI sampling carried out at Ernest Giles East, as announced earlier this month, highlighted the significant exploration potential of the Eastern blocks of the Ernest Giles project,” noted Gervaise heddle, chief executive officer of Greatland.

“If granted, the new licence area further strengthens Greatland's dominant position across the Ernest Giles greenstone belt. As demonstrated today, our first mover advantage in this new gold province, combined with our commitment to active grass-roots exploration, allows us to identify and quickly secure new opportunities," he added.

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Mon, 16 Oct 2017 14:21:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/185647/greatland-gold-applies-to-extend-exploration-area-at-the-ernest-giles-gold-project-185647.html
<![CDATA[RNS press release - Exercise of Warrants ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171016120929_13397912/ Mon, 16 Oct 2017 12:09:29 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171016120929_13397912/ <![CDATA[RNS press release - Ernest Giles East - New Licence Application ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171016110025_13397742/ Mon, 16 Oct 2017 11:00:25 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171016110025_13397742/ <![CDATA[RNS press release - Exercise of Warrants ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171013133436_13396496/ Fri, 13 Oct 2017 13:34:36 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171013133436_13396496/ <![CDATA[News - Greatland Gold kicks off first phase of exploration at Paterson project ]]> http://www.proactiveinvestors.co.uk/companies/news/185567/greatland-gold-kicks-off-first-phase-of-exploration-at-paterson-project-185567.html Greatland Gold plc (LON:GGP) said it was excited to have kicked off exploration at the Paterson project in Western Australia.

The project covers more than 360sq km in the Paterson region and includes the Havieron licence and the Paterson Range East licence.

READ: Greatland Gold boosted by new findings at Ernest Giles East gold

The firm said metal Ion (MMI) sampling had started on the Havieron target with initial sample spacing of 200 metres by 200 metres over a 9 sq km area.

The aim of this sampling is to determine whether this low cost technique can be deployed to screen many regional targets already identified by Greatland to detect potential iron-oxide-copper-gold systems.

"We are also looking forward to commencing ground gravity surveys at the Havieron and Scallywag targets," said Gervais Heddle.

"We expect that a tightly-spaced ground gravity survey at Havieron should greatly improve our ability to define drill targets for any future drilling campaign at Havieron.

"The Scallywag target consists of a number of magnetic amomalies over a relatively wide area and will be the first of the regional IOCG targets that we investigate."

READ: Greatland identifies new gold and cobalt targets at Panorama

Six previous holes by Newcrest during the 1990s demonstrated high grade gold and copper mineralisation at the Havieron target with peak values of 15g/t (grams per ton) gold  and 2.5% copper.

The Scallywag target hosts several magnetic anomalies over an area of around 6km by 4km with potential to host gold and/or copper mineralisation.

Greatland Gold shares eased 6.54% to stand at 1.22p each.

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Fri, 13 Oct 2017 10:28:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/185567/greatland-gold-kicks-off-first-phase-of-exploration-at-paterson-project-185567.html
<![CDATA[RNS press release - Paterson Project - Start of Exploration Programme ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171013094141_13396073/ Fri, 13 Oct 2017 09:41:41 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171013094141_13396073/ <![CDATA[Media files - Greatland Gold identifies multiple targets at Ernest Giles East ]]> http://www.proactiveinvestors.co.uk/companies/stocktube/8222/greatland-gold-identifies-multiple-targets-at-ernest-giles-east-8222.html Wed, 11 Oct 2017 11:41:00 +0100 http://www.proactiveinvestors.co.uk/companies/stocktube/8222/greatland-gold-identifies-multiple-targets-at-ernest-giles-east-8222.html <![CDATA[News - Greatland Gold boosted by new findings at Ernest Giles East gold ]]> http://www.proactiveinvestors.co.uk/companies/news/185410/greatland-gold-boosted-by-new-findings-at-ernest-giles-east-gold-185410.html Greatland Gold plc (LON:GGP) saw its shares surge higher today after it released the latest exploration results from the Ernest Giles East project in Australia which, according to chief executive Gervaise Heddle, has the potential to be “one of most significant gold districts to be identified globally within the last decade.”

In late afternoon trading, Greatland shares were 59.4% higher at 1.1p.

In a stock market statement, the explorer told investors that it has identified multiple gold targets at Ernest Giles East following a programme of mobile metal iron (MMI) surface geochemistry and ground gravity surveys.

WATCH: Greatland Gold identifies multiple targets at Ernest Giles East

Specifically, the company detailed that multiple gold anomalies were identified over 60 kilometres of strike at Ernest Giles East. Several clusters of MMI anomalies are seen, with ‘key clusters’ have shown strikes of more than 9 kilometres long and 3 kilometres wide.

"We believe these results further highlight the potential for the Ernest Giles gold project to be one of most significant gold districts to be identified globally within the last decade,” Heddle said.

“These latest findings have significantly improved our understanding of the prospective geology of the Eastern block.”

READ: Greatland Gold tops up exploration account with £750,000 placing

He added: "The MMI sampling has identified several clusters of anomalies across multiple adjacent sample traverses, which is extremely encouraging given the traverses were spaced at 3.2 kilometre intervals.

“The work carried out further enhances the potential of the Ernest Giles project and confirms our previously stated view that the Ernest Giles project has the potential to host several multi-million ounce deposits."

 -- Adds video links and share price --

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Wed, 11 Oct 2017 09:56:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/185410/greatland-gold-boosted-by-new-findings-at-ernest-giles-east-gold-185410.html
<![CDATA[RNS press release - Ernest Giles East - Exploration Results ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171011093326_13393100/ Wed, 11 Oct 2017 09:33:26 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171011093326_13393100/ <![CDATA[RNS press release - Holding in Company ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171005090316_13387020/ Thu, 05 Oct 2017 09:03:16 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171005090316_13387020/ <![CDATA[Media files - Greatland identifies new gold and cobalt targets at Panorama ]]> http://www.proactiveinvestors.co.uk/companies/stocktube/8182/greatland-identifies-new-gold-and-cobalt-targets-at-panorama-8182.html Tue, 03 Oct 2017 12:24:00 +0100 http://www.proactiveinvestors.co.uk/companies/stocktube/8182/greatland-identifies-new-gold-and-cobalt-targets-at-panorama-8182.html <![CDATA[News - Greatland Gold shares rise as it kicks off Panorama exploration ]]> http://www.proactiveinvestors.co.uk/companies/news/184975/greatland-gold-shares-rise-as-it-kicks-off-panorama-exploration-184975.html Greatland Gold plc (LON:GGP) shares advanced on Tuesday after it announced the initial exploration campaign kicks off at the Panorama project in the Pilbara region of Australia.

In afternoon trading the shares were up 6/8%, or 0.04p at 0.71p.

The programme is targeting gold and cobalt. It will include orientation drainage sampling, soil sampling and geological reconnaissance.

WATCH: Greatland identifies new gold and cobalt targets at Panorama

Following a comprehensive review of historic data, the group has identified around twenty gold anomalies across the project area. Additionally, it sees the presence of historic gold mining immediately north of the licence area and mineralised trend continues south.

Five cobalt targets are, meanwhile, seen in the southern area of the Panorama project.

All gold and cobalt targets will be subject to field reconnaissance during the coming weeks, it added.

READ: Greatland Gold tops up exploration account with £750,000 placing

"We are very pleased by the results of the review of historical stream sampling data which has confirmed the significant potential across the project area for both gold and cobalt mineralisation,” said Gervaise Heddle, Greatland chief executive.

“The excellent work by the Greatland technical team over recent weeks has identified approximately twenty new gold anomalies across the licence area, the presence of historical gold mines immediately to the north of the project, and the presence of coarse grained Archean sedimentary rocks with a strike length over 18 kilometres from north to south across the project.

WATCH: Greatland Gold to kick off exploration at Panorama

“We believe that the Pilbara region of Western Australia has the potential to hold some of the largest major gold deposits in Australia and we look forward to updating shareholders on our progress."

 -- Adds video link, share price --

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Tue, 03 Oct 2017 09:37:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/184975/greatland-gold-shares-rise-as-it-kicks-off-panorama-exploration-184975.html
<![CDATA[RNS press release - Exploration Programme Commences - Panorama Project ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171003085555_13383825/ Tue, 03 Oct 2017 08:55:55 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20171003085555_13383825/ <![CDATA[News - Greatland Gold tops up exploration account with £750,000 placing ]]> http://www.proactiveinvestors.co.uk/companies/news/184302/greatland-gold-tops-up-exploration-account-with-750000-placing-184302.html Greatland Gold PLC (LON:GGP) has raised £750,000 to fund the ongoing exploration of its assets in Australia.

The junior has six licences (four in Western Australia and two in Tasmania) including Ernest Giles, Paterson and the recently acquired Panorama in WA where sampling for gold and cobalt has just started.

READ: Greatland Gold gears up for exploration at the Panorama cobalt project

Shares in the placing were issued at 0.45p with a one-for-one warrant attached that exercises at 0.7p within two years, the company said in a statement.

Gervaise Heddle, chief executive, said the placing was aimed at specialist mining investors and was oversubscribed. The money will allow it to accelerate its exploration plans across the Australian portfolio, he added.

Cash balances at the company have risen to about £1.5mln following the placing.

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Wed, 20 Sep 2017 12:51:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/184302/greatland-gold-tops-up-exploration-account-with-750000-placing-184302.html
<![CDATA[RNS press release - Issue of Equity ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170920120258_13369444/ Wed, 20 Sep 2017 12:02:58 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170920120258_13369444/ <![CDATA[Media files - Greatland Gold to kick off exploration at Panorama ]]> http://www.proactiveinvestors.co.uk/companies/stocktube/8023/greatland-gold-to-kick-off-exploration-at-panorama-8023.html Mon, 04 Sep 2017 10:42:00 +0100 http://www.proactiveinvestors.co.uk/companies/stocktube/8023/greatland-gold-to-kick-off-exploration-at-panorama-8023.html <![CDATA[News - Greatland Gold gears up for exploration at the Panorama cobalt project ]]> http://www.proactiveinvestors.co.uk/companies/news/183374/greatland-gold-gears-up-for-exploration-at-the-panorama-cobalt-project-183374.html Greatland Gold PLC (LON:GGP) is all set to begin exploration at its Panorama project in Western Australia in early October.

The exploration focus will be on working up potential cobalt and gold mineralisation.

WATCH: Greatland Gold to kick off exploration at Panorama

The key objective is to outline and refine the primary target areas for further detailed ground work and potential drilling campaigns.

At this stage, the initial work will consist of field work that includes orientation drainage sampling, soil sampling and geological reconnaissance, the company said in a statement.

READ: Greatland Gold shines as it identifies potential for new iron oxide copper gold ore district in Paterson project area

Panorama project consists of two adjoining exploration licences, covering a total area of 130 square kilometres, in the Pilbara region of Western Australia.

It occupies a dominant and strategic position across what is potentially the largest coherent cobalt in streams anomaly in Western Australia.

"The recent sustained strength in the cobalt price supports our view that cobalt is becoming an increasingly important component in many of the new technologies that are set to reshape the future of the global energy and consumer electronics market,” said chief executive Gervaise Heddle.

“We intend to move quickly with our field efforts and use this first pass exploration work to outline primary targets ahead of next year's field season. Greatland will be submitting soil, rock chip and drainage samples for multi-element analysis to assess the areas prospectivity for cobalt, gold and other elements.”

WATCH: Greatland Gold spots potential new targets at Paterson in Western Australia ]]>
Mon, 04 Sep 2017 09:29:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/183374/greatland-gold-gears-up-for-exploration-at-the-panorama-cobalt-project-183374.html
<![CDATA[RNS press release - Panorama Project Update ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170904081044_13350405/ Mon, 04 Sep 2017 08:10:44 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170904081044_13350405/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170823095401_13339247/ Wed, 23 Aug 2017 09:54:01 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170823095401_13339247/ <![CDATA[RNS press release - Director/PDMR Shareholding ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170822152324_13338378/ Tue, 22 Aug 2017 15:23:24 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170822152324_13338378/ <![CDATA[RNS press release - Grant of Options ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170818090135_13334672/ Fri, 18 Aug 2017 09:01:35 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170818090135_13334672/ <![CDATA[Media files - Greatland Gold spots potential new targets at Paterson in Western Australia ]]> http://www.proactiveinvestors.co.uk/companies/stocktube/7949/greatland-gold-spots-potential-new-targets-at-paterson-in-western-australia-7949.html Thu, 17 Aug 2017 12:29:00 +0100 http://www.proactiveinvestors.co.uk/companies/stocktube/7949/greatland-gold-spots-potential-new-targets-at-paterson-in-western-australia-7949.html <![CDATA[News - Greatland Gold shines as it identifies potential for new iron oxide copper gold ore district in Paterson project area ]]> http://www.proactiveinvestors.co.uk/companies/news/182590/greatland-gold-shines-as-it-identifies-potential-for-new-iron-oxide-copper-gold-ore-district-in-paterson-project-area-182590.html Greatland Gold plc (LON:GGP) headed higher on Thursday after the explorer announced that regional targeting across its Paterson project area in Western Australia has highlighted the potential for a new iron oxide copper gold ore (ICOG) district.

In a statement, the AIM-listed firm said approximately fifty IOCG targets have been identified by the company in the broader region, with around half located in ground held by Greatland.

WATCH: Greatland out 'looking for a taste of Gold' at Ernest Giles East

The group said a review of historical exploration activity indicates that many of the new targets exhibit a similar geophysical signature to the company's Havieron target and have the potential for hosting similar copper and gold mineralisation.

Greatland said it is currently planning field activities for the second half of 2017 aimed at highlighting the presence of multiple IOCG occurrences in the region.

Gervaise Heddle, Greatland’s chief executive officer, commented:  "We are very excited by the results of this extensive data review which highlight the potential for a new IOCG district in Western Australia.”

He added: “Over the next few weeks, we intend to prioritise the multiple regional targets for further follow up work, while we also prepare our plans for exploration work at the Havieron target itself."

The Paterson project covers over 360 square kilometres in the Paterson region of Western Australia and includes both the Havieron licence (acquisition announced 26 September 2016) and the Paterson Range East licence (application announced 6 June 2017).

Limited historical drilling (six drill holes) by Newcrest during the 1990s demonstrated high grade gold and copper mineralisation at the Havieron target.

Shares gained 13.4% to 0.58p.

--Updates for share price and video link--

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Thu, 17 Aug 2017 08:05:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/182590/greatland-gold-shines-as-it-identifies-potential-for-new-iron-oxide-copper-gold-ore-district-in-paterson-project-area-182590.html
<![CDATA[RNS press release - Paterson Project Update ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170817074802_13333014/ Thu, 17 Aug 2017 07:48:02 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170817074802_13333014/ <![CDATA[RNS press release - Block Admission ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170814101858_13328808/ Mon, 14 Aug 2017 10:18:58 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170814101858_13328808/ <![CDATA[Media files - Greatland out 'looking for a taste of Gold' at Ernest Giles East ]]> http://www.proactiveinvestors.co.uk/companies/stocktube/7921/greatland-out-looking-for-a-taste-of-gold-at-ernest-giles-east-7921.html Mon, 14 Aug 2017 09:38:00 +0100 http://www.proactiveinvestors.co.uk/companies/stocktube/7921/greatland-out-looking-for-a-taste-of-gold-at-ernest-giles-east-7921.html <![CDATA[News - Greatland Gold initiates a new phase of exploration at Ernest Giles ]]> http://www.proactiveinvestors.co.uk/companies/news/182364/greatland-gold-initiates-a-new-phase-of-exploration-at-ernest-giles-182364.html Greatland Gold PLC (LON:GGP) has begun a surface geochemistry survey at the Ernest Giles East gold project in Australia.

In addition, a ground gravity survey across Ernest Giles East is expected to commence within the next few weeks. Results of the exploration programme are likely to be disclosed in September 2017.

The work seeks to demonstrate the broader potential for gold mineralisation based around a 3.2 kilometre by 400 metre spaced geochemical survey and a 1.6 kilometre by 200 metre spaced gravity survey.

READ: Greatland Gold set to wrap up acquisition of Havieron gold project next month

Results from these surveys will be used to establish gold exploration targets for follow up work and drilling.

The Ernest Giles East area covers approximately 600 square kilometres, including a large 80km long north-south trending sequence of rocks which represent an extension of the gold-prospective Ernest Giles greenstone sequences.

This exploration programme follows on from the identification of two large zones of gold mineralisation at the Meadows target in the south-west corner of the project.

WATCH: Greatland out 'looking for a taste of Gold' at Ernest Giles East

"This survey is a natural progression following successful demonstration last year of the presence of large zones of gold mineralisation on the Western side of the Ernest Giles project,” said chief executive Gervaise Heddle.

“We hope that this new exploration programme will highlight the prospectivity of the new Eastern licences, licence areas where virtually no modern exploration has taken place, and confirm our belief in the potential of this exciting new gold district to host several multi-million ounce deposits."

 

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Mon, 14 Aug 2017 07:47:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/182364/greatland-gold-initiates-a-new-phase-of-exploration-at-ernest-giles-182364.html
<![CDATA[RNS press release - Exploration Programme starts at Ernest Giles East ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170814070003_13328202/ Mon, 14 Aug 2017 07:00:03 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170814070003_13328202/ <![CDATA[RNS press release - Warrant Exercise ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170803111821_13318444/ Thu, 03 Aug 2017 11:18:21 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170803111821_13318444/ <![CDATA[News - Greatland Gold set to wrap up acquisition of Havieron gold project next month ]]> http://www.proactiveinvestors.co.uk/companies/news/181413/greatland-gold-set-to-wrap-up-acquisition-of-havieron-gold-project-next-month-181413.html Greatland Gold plc (LON:GGP) said today it expects to complete the acquisition of the Havieron gold project in Western Australia from Pacific Trends Resources Pty Ltd by mid-August.

Ahead of the completion of the deal, Pacific Trends has been granted the exploration licence 45/4701 for the project.

Greatland, which first announced the acquisition in September 2016, will pay AU$25,000 in cash and the issuance of 65,490,000 ordinary shares.

The company plans to begin a tightly-spaced gravity survey over the Havieron target in the fourth quarter that will be used to finalise the drill targets.

The Havieron project is located in the Paterson region of Western Australia, about 40km east of Newcrest's Telfer gold mine, which has produced more than 27 ounces of gold to date.

Historical geophysical data at Havieron shows a target covering about 1,000m by 1,000m.

At the moment, Greatland is undertaking a review of new regional exploration data that covers both the Havieron and Paterson Range East projects.  Findings from this review are expected to be announced shortly.

“We are very pleased to be able to proceed with the acquisition of this exciting gold/copper project in a region that is seeing increased interest from major mining companies,” said chief executive Gervaise Heddle.

“We expect to move forward quickly with on the ground exploration activities as we seek to confirm our belief in the potential for a large gold/copper resource at Havieron.”#

Shares climbed 2.35% to 0.580p at midday trading.

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Tue, 25 Jul 2017 12:38:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/181413/greatland-gold-set-to-wrap-up-acquisition-of-havieron-gold-project-next-month-181413.html
<![CDATA[Media files - Greatland Gold presses ahead with Havieron acquisition ]]> http://www.proactiveinvestors.co.uk/companies/stocktube/7834/greatland-gold-presses-ahead-with-havieron-acquisition-7834.html Tue, 25 Jul 2017 12:19:00 +0100 http://www.proactiveinvestors.co.uk/companies/stocktube/7834/greatland-gold-presses-ahead-with-havieron-acquisition-7834.html <![CDATA[RNS press release - Completion of the Havieron Project Acquisition ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170725084700_13306300/ Tue, 25 Jul 2017 08:47:00 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170725084700_13306300/ <![CDATA[RNS press release - Option Exercise ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170717123632_13297450/ Mon, 17 Jul 2017 12:36:32 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170717123632_13297450/ <![CDATA[News - Greatland Gold embarks on new exploration programme at its Ernest Giles gold project ]]> http://www.proactiveinvestors.co.uk/companies/news/180695/greatland-gold-embarks-on-new-exploration-programme-at-its-ernest-giles-gold-project-180695.html Precious and base metals exploration and development company, Greatland Gold PLC (LON:GGP) is launching a new exploration programme at the Eastern tenements of its Ernest Giles gold project in western Australia.

The area has virtually not been subject to historical exploration and the exploration programme will include Mobile Metal Ion surface geochemistry, broad-spaced gravity traverses and geological field reconnaissance. The results of the exploration programme are expected by September 2017.

The main objective of the programme is to highlight the potential prospectivity of these almost untested new licences and to establish gold exploration targets for further follow-up work, the company said.

READ: Greatland Gold spots 'interesting' new targets at Ernest Giles after ground gravity survey

The Ernest Giles gold project is home to several successful exploration discoveries such as the Tropicana - AngloGold Ashanti (ASX:AGG) - which contains over 7mln ounces, and Yamarna/Gruyere - Gold Road Resources (ASX:GOR) - with over 6mln ounces.

Greatland Gold is targeting large 5mln-plus ounce deposits and clusters of several camp-type 1mln-plus ounce gold discoveries at Ernest Giles.

The Ernest Giles gold project covers more than 1,800 square km, including a large north-south trending sequence of prospective rocks which represent an extension of the gold prospective greenstone sequences. The Eastern portion of the project, known as Ernest Giles East, is the most remote part of the project and is virtually unexplored.

 "Same large scale, 'big company' approach to exploration"

In today's statement, Greatland Gold's CEO, Gervaise Heddle said: "This new exploration programme targeting the Eastern portion of the Ernest Giles gold project is designed with the same large scale, 'big company' approach to exploration that has already yielded significant benefits on other parts of the Ernest Giles project."

He added that the technical team has designed a systematic exploration programme covering both geochemical and geophysical elements, that seeks to demonstrate the potential "for large gold camps" at the Eastern portion.

"We will make further announcements as the various elements of the exploration programme commence. At this stage, we expect initial MMI and gravity results to be received by early September," Heddle said.

The new exploration programme follows on from recent significant developments at the project including the identification of two large zones of gold mineralisation, announced  in January 2017, and an agreement with a subsidiary of Newmont Mining PLC (NYSE:NEM), one of the world's largest gold producers.

 

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Tue, 11 Jul 2017 12:49:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/180695/greatland-gold-embarks-on-new-exploration-programme-at-its-ernest-giles-gold-project-180695.html
<![CDATA[RNS press release - New Exploration Programme at Ernest Giles East ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170711102431_13290822/ Tue, 11 Jul 2017 10:24:31 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170711102431_13290822/ <![CDATA[RNS press release - Holding in Company ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170629145553_13278250/ Thu, 29 Jun 2017 14:55:53 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170629145553_13278250/ <![CDATA[Media files - Greatland Gold spots 'interesting' new targets at Ernest Giles after ground gravity survey ]]> http://www.proactiveinvestors.co.uk/companies/stocktube/7723/greatland-gold-spots-interesting-new-targets-at-ernest-giles-after-ground-gravity-survey-7723.html Thu, 29 Jun 2017 13:55:00 +0100 http://www.proactiveinvestors.co.uk/companies/stocktube/7723/greatland-gold-spots-interesting-new-targets-at-ernest-giles-after-ground-gravity-survey-7723.html <![CDATA[News - Greatland Gold shares leap after ground gravity survey highlights additional targets at Ernest Giles gold project ]]> http://www.proactiveinvestors.co.uk/companies/news/180061/greatland-gold-shares-leap-after-ground-gravity-survey-highlights-additional-targets-at-ernest-giles-gold-project-180061.html Greatland Gold plc (LON:GGP) saw its shares leap over 12% higher in afternoon trading after the company said a comprehensive ground gravity survey across a significant portion of the Ernest Giles gold project in Western Australia has “highlighted several additional targets conducive to gold mineralisation”.

In early afternoon trasding, Greatland shares were 12.6%, or 0.06p higher at 0.58p.

In a statement, the AIM-listed firm said  a total of approximately 1,800 stations were used to collect over 360 line kilometres of gravity data across the Empress, Wishbone and greater Meadows area.

WATCH: Greatland Gold spots 'interesting' new targets at Ernest Giles after ground gravity survey

They added: “Good resolution images from the gravity survey were generated and are being systematically reviewed in conjunction with the detailed airborne magnetic data that was recently acquired.”

Greatland said it anticipates that it will follow up this work with an initial broad-spaced gravity survey across the new Ernest Giles East licences, and in-fill gravity work on selected high priority targets in the second half of the year.

Gervaise Heddle, Greatland’s chief executive officer, said: "The data collected from this extensive gravity survey further highlights the potential of the Ernest Giles project to host several, very large, mineralised systems.

“This data, in conjunction with the recently acquired airborne magnetic data, previous soil sampling data and the data from the successful drilling campaign in late 2016, has outlined several additional gold targets in this new gold province where Greatland holds a dominant landholding and we believe this data set will prove to be an excellent tool for guiding future drill campaigns."

READ: Greatland Gold shares soar following Newmont Mining tie-up

The Ernest Giles gold project is located in central Western Australia and covers an area of more than 1,800 square kilometres.

The completion of the gravity survey follows on from recent significant developments at the project including the identification of two large zones of gold mineralisation, announced  in January 2017, and an agreement with a subsidiary of Newmont Mining PLC (NYSE:NEM), one of the world's largest gold producers.

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Thu, 29 Jun 2017 13:45:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/180061/greatland-gold-shares-leap-after-ground-gravity-survey-highlights-additional-targets-at-ernest-giles-gold-project-180061.html
<![CDATA[RNS press release - Additional Targets highlighted at Ernest Giles ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170629110627_13277748/ Thu, 29 Jun 2017 11:06:27 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170629110627_13277748/ <![CDATA[RNS press release - Warrant & Option Exercise ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170627104128_13274539/ Tue, 27 Jun 2017 10:41:28 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170627104128_13274539/ <![CDATA[Media files - Capital Network's Sam Catalano on Greatland Gold ]]> http://www.proactiveinvestors.co.uk/companies/stocktube/7689/capital-network-s-sam-catalano-on-greatland-gold-7689.html Fri, 23 Jun 2017 15:57:00 +0100 http://www.proactiveinvestors.co.uk/companies/stocktube/7689/capital-network-s-sam-catalano-on-greatland-gold-7689.html <![CDATA[RNS press release - Warrant Exercise ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170623113001_13271419/ Fri, 23 Jun 2017 11:30:01 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170623113001_13271419/ <![CDATA[RNS press release - Update on Havieron Project ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170621085950_13267987/ Wed, 21 Jun 2017 08:59:50 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170621085950_13267987/ <![CDATA[RNS press release - Warrant & Option Exercise ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170616122325_13263591/ Fri, 16 Jun 2017 12:23:25 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170616122325_13263591/ <![CDATA[RNS press release - Warrant Exercise ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170615102542_13261636/ Thu, 15 Jun 2017 10:25:42 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170615102542_13261636/ <![CDATA[RNS press release - Exercise of Warrants ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170614092423_13260027/ Wed, 14 Jun 2017 09:24:23 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170614092423_13260027/ <![CDATA[Media files - Greatland Gold's Gervaise Heddle 'very excited' by new Panorama Cobalt project ]]> http://www.proactiveinvestors.co.uk/companies/stocktube/7614/greatland-gold-s-gervaise-heddle-very-excited-by-new-panorama-cobalt-project-7614.html Mon, 12 Jun 2017 10:40:00 +0100 http://www.proactiveinvestors.co.uk/companies/stocktube/7614/greatland-gold-s-gervaise-heddle-very-excited-by-new-panorama-cobalt-project-7614.html <![CDATA[News - Greatland Gold moves to acquire substantial cobalt position in Australia ]]> http://www.proactiveinvestors.co.uk/companies/news/179053/greatland-gold-moves-to-acquire-substantial-cobalt-position-in-australia-179053.html Greatland Gold plc (LON:GGP) has made application for licences covering a large cobalt exploration property in the Pilbara Region of northern Western Australia.

This ground covers a total of 130 square kilometres, in an area that Greatland considers to be highly prospective for cobalt, and has dubbed the Panorama project.

Panorama is situated approximately 200 kilometres south east of Port Hedland and occupies a dominant and strategic position across what is potentially the largest coherent cobalt-in-streams anomaly in Western Australia.

WATCH: Greatland Gold's Gervaise Heddle 'very excited' by new Panorama Cobalt project

That conclusion is based on data gathered from stream sediment sampling done by Anglo American PLC (LON:AAL) in the early 1970s. This outlined a 25 kilometre long by 10 kilometre wide area that is highly anomalous for cobalt.

Very little exploration work on the project has been carried out since;

In September 2016, the CRU Group estimated that demand for cobalt will grow at an average rate of 5% per annum for the next 10 years.

Cobalt prices have surged for 24 straight weeks, having surged by 150% as technology giants have been battling for the limited supply.

#Cobalt Frenzy, Prices Surge 150% Tech Giants Battle For Supply https://t.co/E5gtJZlIRp early investors are eyeing as a massive opportunity. pic.twitter.com/SwAWJmAQZh

— Share_Talk (@Share_Talk) 5 June 2017

"We believe that the Panorama cobalt project is highly prospective for a large, near surface deposit in an area that has been almost completely ignored by mineral explorers for cobalt for the past forty years,” said Greatland chief executive Gervaise Heddle.

“I would like to offer my sincere thanks to Greatland's technical team for their excellent work in identifying, what we believe, could be a considerable opportunity."

In late morning trading, Greatland shares were over 10%, or 0.07p higher at 0.75p.

 -- Adds video link, share price --

 

 

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Mon, 12 Jun 2017 07:48:00 +0100 http://www.proactiveinvestors.co.uk/companies/news/179053/greatland-gold-moves-to-acquire-substantial-cobalt-position-in-australia-179053.html
<![CDATA[RNS press release - GGP plans to enter new market with Cobalt Project ]]> http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170612070004_13256301/ Mon, 12 Jun 2017 07:00:04 +0100 http://www.proactiveinvestors.co.uk/companies/rns/404/LSE20170612070004_13256301/