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Greatland Gold upbeat over Tasmania gold asset

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

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