Greatland Gold PLC (LON:GGP) has reported anomalous levels of metal typical of a polymetallic VMS-type system at its Bromus project in Western Australia.
Notable grades of silver, zinc, cadmium and sulphur were unearthed with low level nickel intercepts as well.
Greatland will be conducting downhole electromagnetic activity over the next few weeks to determine the location, size and orientation of buried conductive bodies.
Callum Baxter, executive director, said: "Initial results from the limited drilling campaign recently conducted at Bromus are indicative of a polymetallic VMS-style system.
“Most notably, the association of silver, zinc, cadmium and sulphur that was detected in both BRD002 and BRD004 is relatively unusual in the region, and Greatland intends to do further work over the next few weeks, including downhole EM, in order to better ascertain the nature and size of the mineralization.”