Greatland Gold PLC (AIM:GGP, OTC:GRLGF) has released the results from its 2021 drilling programme at its 100% owned Scallywag licence.
Seven holes were completed at four prospects, and the company also undertook a ground electro-magnetic survey.
The targets investigated this time round are known as Swan, Barbossa West, Architeuthis and Teach.
At Swan, Greatland discovered significantly anomalous gold with other pathfinder geochemistry.
Anomalous gold and pathfinders were also identified in three further holes at the Swan and Barbossa West prospects.
Meanwhile, the ground electro-magnetic survey identified eight promising conductor plates in four targets, including two plates adjacent to the hole at Swan which returned the anomalous gold.
Accordingly, the 2022 exploration drill programme has been designed to test ground EM conductors at Pearl, Swan and Swan East.
Surface geochemistry work is also planned.
"We are pleased with the results from the 2021 drilling campaign on our 100% owned Scallywag licence,” said Shaun Day, managing director of Greatland Gold.
“Gold mineralisation has been intercepted in four of the seven holes reported, which is highly encouraging. These results, together with identifying several new conductor targets from the ground EM programme and results from the 2020 work, increases our confidence regarding the prospectivity for intrusion related and other styles of mineralised systems at Scallywag.”