Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Gold & silver

Greatland set for new round of Australian gold exploration

Drilling and other field activities is all set to get underway at Greatland Gold's Firetower and Warrentinna projects in Australia

Greatland Gold (LON:GGP) is gearing up for a new round of exploration on two of its key Australian projects, Warrentinna and Firetower.

A new drilling programme is shortly to get underway at Warrentinna to test for extensions to known gold mineralisation along strike and at depth.

Six reverse circulation holes will undertake 600 metres of drilling to follow up on an earlier intercept which hit 26 metres at 2.32 grams per tonne gold and 5 metres at over 29 grams.

Meanwhile, basic field activities will be commenced at two relatively unexplored areas of the Firetower project.

Previous drilling at Firetower hit 29 metres at 2.39 grams per tonne gold and 17 metres at 5.37 grams.

'We are pleased to begin a more active phase of exploration at Greatland's Tasmanian gold projects,” said Greatland executive director Callum Baxter.

“The Warrentinna and Firetower gold projects both possess significant upside exploration potential and we believe that, given the current gold price environment, now is the right to take a more aggressive approach to exploration on these projects.”

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK