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Greatland Gold PLC

Greatland Gold PLC - Update on Newcrest Drilling Results at Havieron

RNS Number : 7318L
Greatland Gold PLC
10 September 2019
 

 

10 September 2019

 

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

 

Greatland Gold plc

("Greatland" or "the Company")

 

Update on Newcrest Drilling Results at Havieron

 

Summary

 

·     Further excellent drill results from Newcrest's campaign at Greatland's Havieron project define a series of higher-grade zones within a broad envelope of mineralisation and extend mineralisation to the north by an additional 100 metres with the system remaining open.

·     Each of drill holes HAD012, HAD013 and HAD014 intersected significant widths of mineralisation (in excess of 100m at better than 2g/t gold) and higher-grade zones within those intersections, including an interval of 43m @ 7.9g/t Au, 0.83% Cu from 900m in HAD012.

·     Newcrest will complete Phase 1 drilling in September and commence Phase 2 of the Havieron exploration programme which includes plans to significantly increase the amount of both step out and infill drilling.

 

Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, is pleased to announce further excellent results from Newcrest's drilling campaign at Greatland's 100% owned Havieron licence in the Paterson region of Western Australia.

 

Greatland notes the release of an ASX announcement titled "Exploration Update - Havieron" by Newcrest Mining Ltd ("Newcrest") earlier today which highlights "Further high grade drill results at the Havieron Project".

 

Four drill rigs are currently operational, and six holes have been completed to date (HAD006 extension, HAD010-014) for a total of 6,166m of drilling. Final assay results have been received for HAD011, HAD012, HAD013 and HAD014 and are announced today.

 

Highlights of Drill Results:

 

·     HAD012: Hole HAD012 intersected mineralisation approximately 100 metres north of HAD005, assay results include:

139.4m @ 2.9g/t Au, 0.39% Cu from 865.7m, including

§ 43m @ 7.9g/t Au, 0.83% Cu from 900m

27m @ 0.99g/t Au, 0.10% Cu from 1,056m, including

§ 10m @ 2.5g/t Au, 0.20% Cu from 1,056m

·     HAD013: Hole HAD013 intersected mineralisation approximately 50 metres north of HAD005 and extended the known mineralisation to the west, assays results include:

100.9m @ 2.0g/t Au, 0.48% Cu from 479m, including

§ 36m @ 4.1g/t Au, 0.84% Cu from 481m

162.3m @ 0.89g/t Au, 0.17% Cu from 712m, including

§ 10.2m @ 2.5g/t Au, 0.69% Cu from 725.7m, and

§ 15.3m @ 2.2g/t Au, 0.17% Cu from 855m

146.1m @ 0.93g/t Au, 0.10% Cu from 917.9m

·     HAD014: Hole HAD014 intersected mineralisation to the west of and below hole HAD005, assays results include:

244.6m @ 2.0g/t Au, 0.40% Cu from 450m, including

§ 29.3m @ 4.0g/t Au, 0.86% Cu from 465m, and

§ 22.4m @ 4.3g/t Au and 0.82% Cu from 557m

75.3m @ 3.4g/t Au, 0.43% Cu from 816.6m, including

§ 13.2m @ 16g/t Au and 0.93% Cu from 859.3m

·     HAD011: There were no significant intersections from 903.8m to end of hole. All significant intersections in the upper zone to 903.8m were previously reported in the announcement released by the Company on 25 July 2019.

·     A further five holes are at various stages of progress (HAD015-019) and assay results are awaited.

 

Next steps for Havieron:

 

·     Phase 2 drilling programme initiated, which includes plans for a significant increase in the amount of both step out and infill drilling.

·     A fifth drill rig is expected to commence operation in September 2019.

·     The Havieron camp is currently being upgraded to provide additional facilities and Telfer continues to provide support to the project.  

·     Newcrest's minimum expenditure commitment (USD $5 million) expected to be met this month.

 

Gervaise Heddle, Chief Executive Officer of Greatland Gold plc, commented:  "We are delighted by these excellent results and by Newcrest's ongoing commitment to the exploration programme at Havieron. These results have defined a series of higher-grade zones within a broad envelope of mineralisation and provide further support to our view that Havieron has the potential to become a truly significant, underground mining operation in one of the most mining-friendly jurisdictions in the world.

 

"From a technical perspective, there are a number of positives contained within these results that I would highlight. First, each of drill holes HAD012, HAD013 and HAD014 intersected significant widths of mineralisation (in excess of 100m at better than 2g/t gold) and higher-grade zones within those intersections, including an interval of 43m @ 7.9g/t Au, 0.83% Cu from 900m in HAD012. Second, each of the three drill holes above extended the known mineralised envelope of the system, primarily to the north and the west. Third, these results establish a new peak gold grade for the system of 324.9g/t gold (in excess of 10 ounces of gold per tonne).

 

"We are very pleased that Newcrest has successfully advanced Phase 1 and is now initiating Phase 2 of their Havieron exploration programme which includes plans for a significant increase in the amount of  drilling. We look forward to providing further updates on Newcrest's drilling campaign at Havieron and Greatland's ongoing exploration activities across the Paterson."

 

Background to Havieron and Farm-in Agreement with Newcrest

 

In March 2019, Greatland signed a Farm-in Agreement with Newcrest Operations Limited, a wholly-owned subsidiary of Newcrest Mining Limited (ASX:NCM), to explore and develop Greatland's Havieron gold-copper project in the Paterson region of Western Australia. Newcrest has the right to acquire up to a 70% interest in a 12-block area within E45/4701 that covers the Havieron target by spending up to US$65m.

 

Greatland's Paterson project covers more than 385 square kilometres in the Paterson region of Western Australia and includes the Havieron licence, the Paterson Range East licence, and the Black Hills licence.

 

Limited historical drilling was conducted by Newcrest Mining Limited at Havieron during the 1990s and early 2000s where six holes were drilled, all of which intersected significant alteration and gold plus copper anomalism. Thick lower grade zones of gold and copper were intersected by Newcrest and gold grades within these peaked at 15.4g/t and copper to 2.5%.

 

Greatland's drilling campaigns at Havieron during 2018 yielded excellent results, including:

·     HAD001:       121m @ 2.9g/t Au and 0.23% Cu from 497m.

·     HAD003:       21m @ 3.8g/t Au and 0.44% Cu from 418m.

·     HAD005:       103m @ 3.5g/t Au and 0.93% Cu from 459m and;

                        128m@ 7.4g/t Au and 0.54% Cu from 660m.

·     HAD006:       54m @ 2.7g/t Au and 0.79% Cu from 471m and;

                        179.1m @ 1.4g/t Au and 0.47% Cu from 547.9m.

·     HAD008:       67m @ 2.0g/t Au and 0.91% Cu from 426m.

 

A regional map showing the Havieron licence area with regional targets and adjacent landholdings can be found at: www.greatlandgold.com/paterson/ 

 

Newcrest Drilling and Operations at Havieron

 

The Havieron Project is operated by Newcrest under a farm-in agreement with Greatland.  It is centred on a magnetic anomaly located 45km east of Telfer. The target is overlain by approximately 400m of post mineralised cover. Newcrest commenced drilling during the June 2019 quarter. Four rigs are operational at site, with a fifth drill rig expected to commence operation in September.

 

Six drill holes have been completed to date by Newcrest (HAD006, HAD010-014) for a total of 6,166m of drilling. Results from drill holes HAD006 (extension), HAD010 and HAD011 (to 903.8m) were reported in the announcement released by the Company on 25 July 2019. Results for drill holes HAD0011 (from 903.8m to eoh), HAD012, HAD013 and HAD014 are reported here. Holes HAD015 through HAD019 are currently at various stages of progress.

 

Hole HAD011 (upper zone to 903.8m previously reported 25 July 2019) intersected mineralisation under HAD005 to 903.8m. From 903.8m to 1275.6m (eoh) there were no significant intercepts.

 

Hole HAD012 intersected mineralisation approximately 100 metres north of HAD005. Assay results returned include:

 

·     HAD012:       139.4m @ 2.9g/t Au, 0.39% Cu from 865.7m

                                                incl 43m @ 7.9g/t Au, 0.83% Cu from 900m

                                                27m @ 0.99g/t Au, 0.10% Cu from 1056m

                                                incl 10m @ 2.5g/t Au, 0.20% Cu from 1056m

 

Hole HAD013 intersected mineralisation approximately 50 metres north of HAD005 and extended the known mineralisation to the west. Assay results returned include:

 

·     HAD013:       100.9m @ 2.0g/t Au, 0.48% Cu from 479m

                                                incl 36m @ 4.1g/t Au, 0.84% Cu from 481m

162.3m @ 0.89g/t Au, 0.17% Cu from 712m

                                                incl 10.2m @ 2.5g/t Au, 0.69% Cu from 725.7m

                                                and 15.3m @ 2.2g/t Au, 0.17% Cu from 855m

                                                146.1m @ 0.93g/t Au, 0.10% Cu from 917.9m

 

Hole HAD014 intersected mineralisation to the west of and below hole HAD005. Assay results returned include:

 

·     HAD014:       244.6m @ 2.0g/t Au, 0.40% Cu from 450m

                                                incl 29.3m @ 4.0g/t Au, 0.86% Cu from 465m

and 22.4m @ 4.3g/t Au and 0.82% Cu from 557m

                                                75.3m @ 3.4g/t Au, 0.43% Cu from 816.6m

                                                incl 13.2m @ 16g/t Au and 0.93% Cu from 859.3m

 

Results from drill holes HAD012 through HAD014 are considered outstanding. Higher-grade mineralised zones have been defined with new peak gold of 324.9g/t. Results have defined a series of higher-grade zones within a broad envelope of mineralisation and have extended mineralisation a further 100 metres to the north with the system remaining open.

 

Additional drill hole information is presented in Appendix I and tabulated drill hole intercepts are presented in Appendix II. In addition to this release, a PDF version of this report with supplementary information can be found at the Company's website at www.greatlandgold.com/media/jorc

 

Newcrest will complete Phase 1 drilling in September and commence  Phase 2. Phase 2 includes plans for a significant increase in the amount of both step out and infill drilling. The newly operational Havieron camp is currently being upgraded to provide additional facilities. Telfer continues to provide support to the project.

 

Newcrest's minimum expenditure commitment (USD $5 million) is expected to be met during the current calendar month.

 

Competent Person:

Information in this announcement that relates to Havieron exploration results has been extracted from the following announcements:

 

"Exploration Update - Havieron", dated 10 September 2019

"Newcrest Quarterly Exploration Report - June 2019", dated 25 July 2019

 

Information in this announcement, which has been taken from Newcrest Mining Limited's announcement "Exploration Update - Havieron" dated 10 September 2019, has been reviewed and approved by Mr Mick Sawyer, a member of the Australian Institute of Geoscientists and a Registered Professional Geoscientist (R.P.Geo #10194), who has more than 15 years relevant industry experience. Mr Sawyer consents to the inclusion in this announcement of the matters based on this information in the form and context in which it appears. The company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcement. The company confirms that the form and context in which the information has been presented has not been materially modified. Mr Mick Sawyer, full time employee of Greatland Pty Ltd and Exploration Manager, has sufficient experience relevant to the style of mineralisation and type of deposit under consideration, and to the activity which he is undertaking to qualify as a Competent Person in accordance with the guidance note for Mining, Oil & Gas Companies issued by the London Stock Exchange in respect of AIM Companies, which outlines standards of disclosure for mineral projects.

 

 

Enquiries:

 

Greatland Gold PLC

Gervaise Heddle/Callum Baxter

Tel: +44 (0)20 3709 4900

Email:  info@greatlandgold.com

www.greatlandgold.com

 

SPARK Advisory Partners Limited (Nominated Adviser)

Andrew Emmott/James Keeshan

Tel: +44 (0)20 3368 3550

 

SI Capital Limited (Joint Broker)

Nick Emerson/Alan Gunn

Tel:  +44 (0)14 8341 3500

 

Numis Securities Limited (Joint Broker)

Matthew Hasson/John Prior/Alamgir Ahmed

Tel: +44 (0)20 7260 1000

 

Luther Pendragon (Media and Investor Relations)

Harry Chathli/Alexis Gore/Joe Quinlan

Tel: +44 (0)20 7618 9100

 

 

Notes for Editors:

 

Greatland Gold plc is a London-listed (LON:GGP) natural resource exploration and development company with a current focus on gold, copper and nickel exploration projects.

 

The Company has six main projects; four situated in Western Australia and two in Tasmania.  All projects are 100% owned by Greatland.

 

In March 2019, Greatland signed a Farm-in Agreement with Newcrest Operations Limited, a wholly-owned subsidiary of Newcrest Mining Limited (ASX:NCM), to explore and develop Greatland's Havieron gold-copper project in the Paterson region of Western Australia. Newcrest has the right to acquire up to a 70% interest in a 12-block area within E45/4701 that covers the Havieron target by spending up to US$65m.

 

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.

 



 

APPENDIX I

Havieron Project (Greatland Gold plc farm-in agreement): JORC Table 1

Section 1 Sampling Techniques and Data

Criteria

Commentary

Sampling techniques

Diamond core samples are obtained from diamond drilling in Proterozoic basement lithologies. PQ-HQ and NQ diameter diamond core was drilled on a 6m run. Diamond core was cut using an automated core-cutter and half core sampled at 1 m intervals with breaks for major geological changes. Sampling intervals range from 0.2 - 1.0 m. Cover sequences were not sampled.

Drilling techniques

Permian Paterson Formation cover sequence was drilled using mud rotary drilling. Depths of cover typically observed to approximately 420 m vertically below surface. Steel casing was emplaced to secure the pre-collar.

Diamond drilling was advanced from the base of the cover sequence with PQ3, HQ3 and NQ2 diameter coring configuration. 

Diamond core from inclined drill holes are oriented on 6 m runs using an electronic core orientation tool (Reflex ACTIII). At the end of each run, the bottom of hole position is marked by the driller, which is later transferred to the whole drill core run length with a bottom of hole reference line.

Drill sample recovery

Diamond core recovery is systematically recorded from the commencement of diamond coring to end of hole, by reconciling against driller's depth blocks in each core tray with data recorded in the database. Drillers depth blocks provided the depth, interval of core recovered, and interval of core drilled.

Diamond core recoveries were typically 100%, with isolated zones of lower recovery.

Cover sequence drilling by the mud-rotary drilling did not yield recoverable samples.

Logging

Geological logging recorded qualitative descriptions of lithology, alteration, mineralisation, veining, and structure (for all diamond core drilled), including orientation of key geological features.

Geotechnical measurements were recorded including Rock Quality Designation (RQD) fracture frequency, solid core recovery and qualitative rock strength measurements.

Magnetic susceptibility measurements were recorded every metre. The bulk density of selected drill core intervals was determined at site on whole core samples.

All geological and geotechnical logging was conducted at Havieron site.

Digital data logging was captured on diamond drill core intervals only, and all data validated and stored in an AcQuire database.

All drill cores were photographed, prior to cutting and/or sampling the core.

Sub-sampling techniques and sample preparation

Sampling, sample preparation and quality control protocols are considered appropriate for the material being sampled.

Diamond core was cut and sampled at the Telfer core processing facility. Half core samples were collected in pre-numbered calico bags and grouped in plastic bags for dispatch to the laboratory. Sample weights typically varied from 0.5 to 4 kg. Sample sizes are considered appropriate for the style of mineralisation. Drill core samples were freighted by air and road to the laboratory.

Sample preparation was conducted at Intertek Laboratory, Perth. Samples were dried at 105oC, and crushed to 95% passing 4.75 mm, and the split to obtain up to 3 kg sub-sample, which was pulverised (using LM5) to produce a pulped product with the minimum standard of 95% passing 106 μm.

Duplicate samples were collected from crush and pulp samples at a rate of 1:20. Duplicate results show an acceptable level of variability for the material sampled and style of mineralisation.

Periodic size checks (1:20) for crush and pulp samples and sample weights are provided by the laboratory and recorded in the Acquire database. 

Assaying of diamond drill core samples was conducted at Intertek, Perth. All samples were assayed for 48 elements using a 4-acid digestion followed by ICP-AES/ICP-MS determination (method 4A/MS907). Gold analyses were determined by 50 g fire assay with AAS finish (method FA50N/AA).

Sampling and assaying quality control procedures consisted of inclusion of certified reference material (CRMs), coarse residue and pulp duplicates with each batch (at least 1:20).

Assays of quality control samples were compared with reference samples in AcQuire database and verified as acceptable prior to use of data from analysed batches.

Laboratory quality control data, including laboratory standards, blanks, duplicates, repeats and grind size results are captured in Acquire database and assessed for accuracy and precision for recent data.

Due to the limited extent of the drilling program to date, extended quality control programs are yet to be undertaken, whereby pulped samples will be submitted to an umpire laboratory and combined with more extensive re-submission programs.

Analysis of the available QC sample assay results indicates that an acceptable level of accuracy and precision has been achieved and the database contains no analytical data that has been numerically manipulated.

The assaying techniques and quality control protocols used are considered appropriate for the data to be used for reporting exploration drilling results.

Verification of sampling and assaying

Sampling intervals defined by the Geologist are electronically assigned sample identification numbers prior to core cutting. Corresponding sample numbers matching pre-labelled calico bags are assigned to each interval.

All sampling and assay information were stored in a secure Acquire database with restricted access.

Electronically generated sample submission forms providing the sample identification number accompany each submission to the laboratory. Assay results from the laboratory with corresponding sample identification are loaded directly into the Acquire database.

Assessment of reported significant assay intervals was verified by re-logging of diamond drill core intervals and assessment of high-resolution core photography. The verification of significant intersections has been completed by company personnel and the Competent Person.

No adjustments are made to assay data, and no twinned holes have been completed.

Location of data points

Drill collar locations were surveyed using a differential GPS with GNSS with a stated accuracy of +/- 0.5m (HAD012) and Handheld GPS with +/-3 m accuracy (HAD013 & HAD014). 

Drill rig alignment was attained using an electronic azimuth aligner. Downhole survey was collected at 6-12 m intervals in the cover sequence, and every 6 m in diamond drill core segments of the drill hole. At the end of hole, all holes have been surveyed using a continuous gyro survey to surface (Axis Mining Champ Gyro).

Topographic control is established from SRTM (1 second) topographic data and derived digital elevation model. The topography is generally low relief to flat, with an average elevation of 265 m, within dune corridors.

All collar coordinates are provided in the Geocentric Datum of Australian (GDA94 Zone 51S). 

Data spacing and distribution

The drill hole spacing ranges from 50 - 500 m in lateral extent within an area of 1.5 square kilometres.

The current drill hole spacing does not provide sufficient information for the estimation of a Mineral Resource.

Significant assay intercepts remain open. Further drilling is required to determine the extent of currently defined mineralisation.

No sample compositing is applied to samples.

Orientation of data in relation to geological structure

Drilling of reported holes HAD012, HAD013 and HAD014 are oriented perpendicular to a central dolerite dyke. The dolerite dyke has a north-south orientation, with drilling established on an east-west orientation. 

Drill holes exploring the extents of the Havieron Mineral System intersect moderately dipping carbonate and siliclastic sedimentary facies, mineralised breccia and sub-vertical intrusive lithologies. Steeply dipping mineralised zones with a north-south orientation have been interpreted from historic and Newcrest drill holes.

There is presently insufficient information to confirm the geological model or true thickness of mineralised intervals.

Sample security

The security of samples is controlled by tracking samples from drill rig to database.

Drill core was delivered from the drill rig to the Havieron core yard every shift. On completion of geological and geotechnical logging, core was transported by vehicle to Telfer core processing facility by Newcrest personnel.

High resolution core photography and cutting of drill core was undertaken at the Telfer core processing facility.

Samples were freighted in sealed bags by air and road to the Laboratory, and in the custody of Newcrest representatives. 

Sample numbers are generated directly from the database. All samples are collected in pre-numbered calico bags.

Verification of sample numbers and identification is conducted by the laboratory on receipt of samples, and sample receipt advise issued to Newcrest.

Details of all sample movement are recorded in a database table. Dates, Hole ID sample ranges, and the analytical suite requested are recorded with the dispatch of samples to analytical services. Any discrepancies logged at the receipt of samples into the analytical services are validated.

Audits or reviews

Due to the limited duration of the program, no external audits or reviews have been undertaken.

Internal verification and audit of Newcrest exploration procedures and databases are periodically undertaken.

 

Section 2 Reporting of Exploration Results

Criteria

Commentary

Mineral tenement and land tenure status

The Havieron Project is entirely contained within 12 sub-blocks of E45/4701, which is 100% owned by Greatland Pty Ltd. Newcrest has entered into an Exploration Farm-In agreement with Greatland Pty Ltd and Greatland Gold Plc effective 12 March, 2019, with Newcrest as Manager of the Havieron Project.

There is a current ILUA (Indigenous Land Use Agreement) signed in December 2015 which extends to the Havieron Project

All obligations with respect to legislative requirements including minimum expenditure are maintained in good standing. The exploration licence E45/4701 was first granted 17th July 2017 for 5 years, expiring 16th July 2022.

Exploration done by other parties

Newcrest Mining Limited completed six diamond core holes in the vicinity of the Havieron Project from 1991 to 2003. Greatland Gold completed drill targeting and drilling of 9 Reverse Circulation (RC) drill holes with diamond tails for a total of approximately 6,800 m in 2018. Results of drilling programs conducted by Greatland Gold have previously been reported on the Greatland Gold web site.

Drilling has defined an intrusion-related mineral system with evidence of breccia- and massive sulphide-hosted higher-grade gold-copper mineralisation.

Geology

The Havieron Project is located within the north-western exposure of the Palaeo-proterozoic to Neoproterozoic Paterson Orogen (formerly Paterson Province), 45 km east of Telfer.  The Yeneena Supergroup hosts the Havieron prospect and consists of a 9 km thick sequence of marine sedimentary rocks, and is entirely overlain by approximately 420 m of Phanerozoic sediments of the Paterson Formation and Quaternary aeolian sediments.

Gold and copper mineralisation at Havieron consist of breccia, vein and massive sulphide replacement gold and copper mineralisation typical of intrusion-related and skarn styles of mineralisation. Mineralisation at the prospect is hosted by metasedimentary rocks (meta-sandstones, meta-siltstones and meta-carbonate) and intrusive rocks of an undetermined age. The main mineral assemblage contains well developed pyrrhotite-chalcopyrite and pyrite sulphide mineral assemblages as breccia and vein infill, and massive sulphide lenses. The main mineralisation event is associated with amphibole-carbonate-biotite-sericite-chlorite wall rock alteration.

Drill hole Information

As provided.

Data aggregation methods

Significant assay intercepts are reported as (A) length-weighted averages exceeding 1.0 g/t Au greater than or equal to 10 m, with less than 5 m of consecutive internal dilution; and (B) length-weighted averages exceeding 0.2 g/t Au for greater than or equal to 20 m, with less than 10 m of consecutive internal dilution. No top cuts are applied to intercept calculations.

Relationship between mineralisation widths and intercept lengths

Significant assay intervals reported represent apparent widths. Insufficient geological information is available to confirm the geological model and true width of significant assay intervals.

Diagrams

As provided.

Balanced reporting

This is the second release of Exploration Results for this project made by Newcrest. The initial Newcrest release is dated the 25th July 2019. Earlier reporting of exploration programs conducted by Newcrest and Greatland Gold have previously been reported. Exploration drilling programs are ongoing and further material results will be reported in subsequent Newcrest releases.

Other substantive exploration data

Nil.

Further work

Further work is planned to evaluate exploration opportunities that extend the known mineralisation. Initial drilling conducted by Newcrest has confirmed higher grade mineralisation, broadened mineralised extents defined by prior drilling and extended the depth of observed mineralisation of the Havieron prospect. The results of drilling to date indicate the limits of mineralisation have not been closed off. Drilling programs at Havieron are ongoing, with additional drill rig(s) scheduled to commence in the Q2 FY20. 

 



 

APPENDIX II

 

Drillhole Data

Havieron Prospect, Paterson, Western Australia

Reporting Criteria: Intercepts reported are Au >0.20ppm (0.2g/t Au) and minimum 20m downhole width with maximum consecutive internal dilution of 20m. Also highlighted are high grade intervals of Au >1.0ppm (1g/t Au) or Cu >5000ppm (0.5%), and minimum 10m downhole width with maximum consecutive internal dilution of 10m. Au grades are reported to two significant figures.

 

Hole ID

Hole Type

Easting (m)

Northing (m)

RL (m)

Total Depth (m)

Azimuth

Dip

From (m)

To (m)

Interval (m)

Au (ppm)

Cu  (pct)

Cut Off

HAD012

MR-DD

463803

7597709

258

1157

90

-65

509.9

540.1

30.2

0.25

0.02

0.2g/t Au

HAD012








865.7

1005

139.4

2.9

0.39

0.2g/t Au

HAD012







Incl

900

943

43

7.9

0.83

1.0g/t Au

HAD012








1056

1083

27

0.99

0.10

0.2g/t Au

HAD012







Incl

1056

1066

10

2.5

0.20

1.0g/t Au

HAD013

MR-DD

464435

7597650

263

1254

270

-65

479

579.9

100.9

2.0

0.48

0.2g/t Au

HAD013







Incl

481

517

36

4.1

0.84

1.0g/t Au

HAD013







Incl

525

535

10

2.0

0.72

1.0g/t Au

HAD013







Incl

550

561

11

1.3

0.18

1.0g/t Au

HAD013








590

647

57

0.47

0.28

0.2g/t Au

HAD013








712

874.3

162.3

0.89

0.17

0.2g/t Au

HAD013







Incl

725.7

735.8

10.2

2.5

0.69

1.0g/t Au

HAD013







Incl

855

870.3

15.3

2.2

0.17

1.0g/t Au

HAD013








917.9

1064

146.1

0.93

0.10

0.2g/t Au

HAD013








1128

1149.8

21.8

0.25

0.02

0.2g/t Au

HAD014

MR-DD

463835

7597653

266

955

90

-65

450

694.6

244.6

2.0

0.40

0.2g/t Au

HAD014







Incl

465

494.3

29.3

4.0

0.86

1.0g/t Au

HAD014







Incl

539

549

10

2.7

0.53

1.0g/t Au

HAD014







Incl

557

579.4

22.4

4.3

0.82

1.0g/t Au

HAD014








705

731.6

26.6

0.99

0.81

0.2g/t Au

HAD014








816.6

891.9

75.3

3.4

0.43

0.2g/t Au

HAD014







Incl

859.3

872.5

13.2

16.0

0.93

1.0g/t Au

 

 


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Greatland Gold PLC (AIM:GGP, OTC:GRLGF) managing director Shaun Day joined Proactive's Stephen Gunnion to discuss an updated Reserve and Resource for the Havieron gold-copper project released by joint venture partner Newmont. Newmont’s update includes 4.9 million gold equivalent ounces in the...

on 22/2/24

21 min read