Nickel and gold play Greatland Gold PLC (LON:GGP) said drilling has started at its Warrentinna project in Tasmania, Australia.
The programme, expected to last two weeks, includes plans for six reverse circulation (RC) drill holes each to a depth of 100 metres.
The firm said several targets will drilled at Derby North following up on intercepts such as 26 metres at 2.32g/t (grams per tonne) gold and 5 metres at 29.26g/t gold.
Drilling will also be completed at the Golden Mara area to test for mineralisation below historic workings.
Callum Baxter, Greatland's executive director, said: "The host rocks at Warrentinna are equivalent to those found in the prolific goldfields in Victoria, south-eastern Australia which have to date produced over 50 million ounces of gold.
"Historic drilling at Warrentinna has demonstrated high grade gold mineralisation at the project and results show that mineralisation is from surface, providing potential for an open pitable resource."
Warrentinna lies in north east Tasmania and covers an area of 37 sq km.