Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

Greatland Gold cracking on at Paterson project

Ground gravity surveys have commenced at its Paterson project in Western Australia
Gold sample
The survey is an important step towards defining drill targets

Greatland Gold PLC (LON:GGP) said ground gravity surveys have commenced at its Paterson project in Western Australia.

The objective of the tightly-spaced ground gravity survey is to provide data that can be modelled with modern 3D inversion techniques to better define drill targets.

READ Greatland Gold kicks off first phase of exploration at Paterson project

Results from the ground gravity surveys and the previously completed mobile metal ion sampling campaign are expected by the end of this month, Greatland said in a statement on Tuesday.

"The ground gravity survey at Havieron represents an important step towards defining drill targets for a drilling campaign currently scheduled for early 2018,” said Gervaise Heddle, chief executive officer of Greatland.

"We believe that the Paterson region, host to Newcrest's Telfer gold mine, is highly prospective for multiple large mineralised systems, as demonstrated by our further commitment to the region with the acquisition of the Black Hills gold project announced yesterday," he added.

READ Greatland Gold expands Paterson acreage with Black Hills acquisition

Shares in Greatland were up 3.8% at 1.87p in lunchtime trading.

View full GGP profile View Profile

Greatland Gold PLC Timeline

Related Articles

zeolite mine
September 14 2018
Zeolite may not be the most well-known mineral but it has wide applications, such as use in animal feed, as a pozzolan in cement and as an additive to soil, which could be used for cannabis plants
1527013932_santana1.jpg
May 22 2018
The combination of strong management and stable assets makes the precious metals company one to watch as it continues to extend its reach
1522843655_shutterstock_102742847.jpg
October 25 2018
BAM East will be the focus in 2018, after Landore completed a £3.15mln funding

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use