Greatland Gold PLC (LON:GGP) has announced details of the initial 2021 work programme for the Juri joint venture, including drilling of several targets within the Paterson Range East and Black Hills licences.
Multiple additional targets within the Juri joint venture have been identified following analysis of results of a heliborne airborne electromagnetic survey conducted last year, and further geological interpretation of regional aeromagnetics.
Exploration work at the Juri joint venture is focussed on the discovery of intrusion related gold-copper deposits similar to Havieron, Telfer and Winu.
Initial drilling will focus on high priority targets Los Diablos, Goliath, Outamind and Parlay.
Ground electromagnetics surveys will be conducted over several new targets identified following interpretation of airborne electromagnetic data to better locate and prioritise targets.
Camps and infrastructure are being established, with field activities scheduled to commence in the coming weeks.
"It is with great excitement that we announce plans to begin exploration under our second joint venture with Newcrest in the Paterson region,” said Shaun Day, chief executive of Greatland Gold.
“Drilling will commence in the coming weeks at our Paterson Range East and Black Hills licences, testing the high-priority targets Parlay, Goliath, Outamind and Los Diablos. The joint venture will also look to progress several additional compelling targets that have emerged following analysis of geophysical data. The Juri JV campaign forms part of our multi-pronged exploration strategy for 2021 in the highly prospective Paterson region. As Juri JV drilling gets underway, this will complement the ongoing work at Havieron with 65,000 metres of growth drilling planned in the next six months together with our exploration activities at our 100% licences across the region."