Greatland Gold PLC (AIM:GGP, OTC:GRLGF) managing director Shaun Day speaks with Proactive soon after inking a deal with Flynn Gold which will have the option to acquire the company’s Tasmanian tenements - Firetower and Warrentinna. The agreement comprises a A$100,000 option fee which could lead to a further A$1mln of deferred proceeds if it is exercised. GGP will also receive a 1% net smelter royalty on any future production from the tenements.
Greatland Gold talks option deal to sell projects in Tasmania