Greatland Gold PLC (LON:GGP) has confirmed the presence of broad widths of gold mineralisation at its Firetower project in Tasmania, following a diamond drilling programme.
The current programme is likely to comprise 15 diamond holes with depths from 50 metres to 250 metres, for a total of approximately 2,000 metres.
The programme is designed to test the main zone of mineralisation at Firetower, although additional holes will also test a previously undrilled area at Firetower East where new targets were identified by last year's 3D induced polarisation.
Among the highlights of the most recent drilling was 54.5 metres at 1.36 grams per tonne gold from surface, 29m at 0.78 grams per tonne gold 78 metres and five metres at 8.72 grams gold from 81 metres
"We are pleased by the initial results from our ongoing drill campaign at Firetower which confirm the presence of broad widths of gold mineralisation,” said chief executive Gervaise Heddle.
“This is a promising start as these early results highlight potential depth extensions and good continuity of mineralisation between sections drilled to date. We look forward to providing further updates over the coming weeks, including results from drilling at the previously untested Firetower East prospect."