Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Greatland Gold upbeat over Tasmania gold asset

The Warrentinna project is located in north-east Tasmania and covers an area of 37 square kilometres
picture of gold
Greatland likes the potenital at Warrentinna

Greatland Gold PLC (LON:GGP) is upbeat over the scale of the Warrentinna gold project in Tasmania after completing its  latest drilling campaign.

A 1m re-sampling of recent shallow drilling showed one intercept  4.7g/t gold from 22m within a broader intersection of 5m at 2.4g/t gold from 21m (WTR038) and 1m at 4.1g/t gold from 3m.

These results confirm continuity of the mineralisation over the core of the prospect and highlight the potential to extend the current zone of mineralisation, said Greatland.

Gervaise Heddle, chief executive, added: “These final results from our recent RC drilling campaign at Warrentinna underscore our view that there is considerable scope to extend the current zone of gold mineralisation, particularly to the north and east. “

The Warrentinna project is located in north-east Tasmania and covers an area of 37 square kilometres.

The project hosts several known gold occurrences, including Derby North and Golden Mara where we have intersected significant levels of gold mineralisation, some over 50g/t.

All holes returned over 0.5g/t gold from both Derby North and Golden Mara. Peak result was 4.68g/t gold from Derby North.

Results from single metre samples at Golden Mara (WTR042) were potentially significant when considered with previous results of adjacent hole WTR010 (2008) peaking at 2m at 997ppb gold from 72m in a broad intercept of 8m of 601ppb gold from 69m.

Further work at the project will involve surface sampling and mapping at Derby North to track the mineralised zone to the north followed by planning of additional drill holes to infill and extend the mineralised zone to the north and east.

PhilW.jpg
Why Invest In Greatland Gold plc? Read More Here

Register here to be notified of future GGP Company articles
View full GGP profile View Profile

Greatland Gold plc Timeline

Related Articles

Picture of gold bars of type mined by Aureus
December 09 2016
MNG Gold has strong financial backing, operational experience and is an existing operator in Liberia.
Mowana copper mine
May 12 2017
A Competent Persons Report has also been published which takes Alecto one step closer to resuming trading on AIM
picture of gold and dollars
April 24 2017
The aim at La India is to bring on stream a mine producing 100,000 ounces of gold a year

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use