Greatland Gold PLC - Update on Newcrest’s Activities at Havieron
24 February 2020
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).
Greatland Gold plc
("Greatland" or "the Company")
Newcrest's Activities at Havieron
The presentation provides an update on
· 8 drill rigs in operation at Havieron, up from 6 rigs previously.
· Studying both a stoping operation and the potential for a bulk underground mine.
· Investigating potential to achieve commercial production within approximately 2-3 years from commencement of decline.
Greatland notes that studies being performed by
Tel: +44 (0)20 3709 4900
Email: [email protected]
Tel: +44 (0)20 3368 3550
Tel: +44 (0)14 8341 3500
Tel: +44 (0)20 7260 1000
Tel: +44 (0)20 7618 9100
Notes for Editors:
The Company has six main projects; four situated in
Greatland is seeking to identify large mineral deposits in areas that have not been subject to extensive exploration previously. It is widely recognised that the next generation of large deposits will come from such under-explored areas and Greatland is applying advanced exploration techniques to investigate a number of carefully selected targets within its focused licence portfolio.
The Company is also actively investigating a range of new opportunities in precious and strategic metals and will update the market on new opportunities as and when appropriate.
This information is provided by RNS, the news service of the
Quick facts: Greatland Gold PLC
Market Cap: £161.61 m
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...FOR OUR FULL DISCLAIMER CLICK HERE