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Gold & silver

Greatland Gold to kick off new exploration programme at Ernest Giles

Mobile metal ion surveying and drill campaigns are planned for the Meadows, Wishbone and Empress areas at Greatland’s 100%-owned Ernest Giles gold project in Western Australia

Junior explorer Greatland Gold plc (LON:GGP) is to kick off a new exploration campaign at its Ernest Giles gold project in Western Australia.

The plan is to drill three high priority targets at the Meadows, Wishbone and Empress areas, although before that, mobile metal ion (MMI) surveys will be carried out.

READ: Greatland Gold making headway with exploration in Western Australia

“We are very pleased to be moving forward with a new exploration programme at the Ernest Giles project,” said chief executive Gervaise Heddle.

“This new programme follows the successful results from previous exploration conducted at the project, which strengthened our belief that Ernest Giles has the potential to host several multi-million-ounce gold deposits.”

At the Meadows area, 24 holes are planned to be drilled to test a 5km x 1.5km anomaly previously identified by so far untested by Greatland drilling.

READ: Newmont work leaves Greatland Gold in a stronger position than ever at Ernest Giles

Up to six holes will be drilled at Wishbone and Empress to test basement geology and physical rock properties.

Greatland said MMI sampling and drill preparation will start in the current quarter, with drilling commencing in the second quarter.

Greatland shares were down 3.3% to 0.66p in mid-morning trade.

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