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Alliance News

Primorus Investments Increases Position In Greatland Gold (ALLISS)

Thu, 10th Jan 2019 13:03

LONDON (Alliance News) - Primorus Investments PLC said on Thursday it has increased its holding in Greatland Gold PLC to 1.1%.

Primorus did not say how much of London-listed Greatland it held before the transaction.

Greatland on Friday last week reported "excellent" drilling results from its Havieron gold and copper project in Western Australia's Paterson province.

Primorus Executive Director Alastair Clayton commented: "We have added to our position in advance of the further assay results for the drill holes HAD006 through to HAD009."

"We hope these results will confirm Havieron gold/copper project in the Paterson province of Western Australia as one of the most significant gold discoveries made by any company globally in recent memory."

Primorus shares were 12% higher Thursday at 0.11 pence each, while Greatland shares were 7.0% up at 2.06p.

By George Collard;

Copyright 2019 Alliance News Limited. All Rights Reserved.

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