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Greatland Gold cracking on at Paterson project

Ground gravity surveys have commenced at its Paterson project in Western Australia
Gold sample
The survey is an important step towards defining drill targets

Greatland Gold PLC (LON:GGP) said ground gravity surveys have commenced at its Paterson project in Western Australia.

The objective of the tightly-spaced ground gravity survey is to provide data that can be modelled with modern 3D inversion techniques to better define drill targets.

READ Greatland Gold kicks off first phase of exploration at Paterson project

Results from the ground gravity surveys and the previously completed mobile metal ion sampling campaign are expected by the end of this month, Greatland said in a statement on Tuesday.

"The ground gravity survey at Havieron represents an important step towards defining drill targets for a drilling campaign currently scheduled for early 2018,” said Gervaise Heddle, chief executive officer of Greatland.

"We believe that the Paterson region, host to Newcrest's Telfer gold mine, is highly prospective for multiple large mineralised systems, as demonstrated by our further commitment to the region with the acquisition of the Black Hills gold project announced yesterday," he added.

READ Greatland Gold expands Paterson acreage with Black Hills acquisition

Shares in Greatland were up 3.8% at 1.87p in lunchtime trading.

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