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General mining & base metals

Greatland Gold snaps up more acreage in Pilbara

The area has potential for Havieron and Telfer-style precious and base metals deposits

Greatland Gold PLC (AIM:GGP, OTC:GRLGF) has lodged applications for new exploration licences covering 126sq km at Yannarie within the Gascoyne, to the south of the Pilbara in Western Australia.

A prospectivity study covering the Pilbara and surrounding areas identified the area's potential for Havieron and Telfer-style precious and base metals deposits.

Havieron is a gold and copper prospect being developed as a joint venture with Newcrest Mining, which might use it as feed for its existing Telfer mine in Pilbara.

Shaun Day, managing director, said: "Exploration is one of Greatland's three horizons for growth.

"The addition of these tenements to our portfolio augments a pipeline of high-priority targets in Tier 1 districts and demonstrates our continued focus to identify and secure prospective ground, where we can leverage our team's experience and track record of success.

“Yannarie complements our upgraded portfolio of priority projects including the Paterson and Ernest Giles."

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