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Greatland Gold extends field exploration at Panorama project

"Greatland is in a fortunate position to have a project with significant potential for gold mineralisation in the Pilbara region of Western Australia"
mine truck
The Pilbara mining region is seeing an uptick in activity

Greatland Gold plc (LON:GGP) told investors it has extended its field operations at the Panorama project in the Pilbara region of Western Australia.

The extended operations aim to assess gold potential, focusing on the possible mineralisation in the southern licence area, and it will involve additional mapping, stream sampling and metal detection.

WATCH: Greatland kicks off extended exploration work at Panorama

"Greatland is in a fortunate position to have a project with significant potential for gold mineralisation in the Pilbara region of Western Australia, a region that is currently experiencing a rapid increase in gold exploration activity,” said Gervaise Heddle, Greatland chief executive.

He added: “In recognition of the increased level of interest in region, we have extended the exploration campaign at Panorama to focus on two areas where the presence of coarse grained sandstones and conglomerates has been confirmed by detailed government mapping.

READ: Greatland Gold confirms significant additional gold potential at Panorama

"In addition to general field mapping and reconnaissance, Greatland's technical team will be panning/loaming and metal detecting along drainage lines following the base of the Mt Roe basalt sequence.

“The Mt Roe basalt sequence covers a significant strike length within the Southern project licence."

Greatland shares were down 3.5% to 1.69p on Wednesday afternoon.

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