Greatland Gold plc (LON:GGP) has intercepted mineralisation in its current drilling programme at the Havieron project in Australia that appears visibly similar to core recovered from an earlier hole that yielded 121 metres grading 2.93 grams per tonne gold and 0.23% copper.
The current drilling campaign at Havieron, which commenced on 17 September 2018, consists of up to ten core holes for a total of approximately 6,000 metres.
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The first drill hole of this second campaign has been completed, and initial observations, in conjunction with earlier results, suggest that Havieron may represent a very large mineralised system.
Assay results from the most recent hole are expected in approximately six weeks.
"We are very pleased to see significant visible mineralisation in the first hole of this new drill campaign, which further reinforces our view that Havieron has the potential to be a very large mineralised system,” said chief executive Gervaise Heddle.
“Our key priority now is to further test the extent and orientation of the mineralised zone and we look forward to providing further updates as drilling progresses."