Greatland Gold have caught the attention of investors and are one of the most watched stocks on @LondonSouthEast. The shares have re-rated since January and the company currently has a market cap of around 330M.
So what's all the fuss about? We are grateful to Gervais Heddle, CEO of #GGP for joining us from Australia to talk us through the latest developments at the Haverion gold/copper discovery in the Paterson region of Western Australia. Gervais says its the potential economics of the project which make it so exciting. Just over a year ago Greatland Gold entered a farm-in to develop the Haverion assets with Newcrest, a world class gold miner and Australia's largest.
By coincidence they run one of Australia's largest operating gold mines 45 kilometres away in Telfer, and with that comes huge milling capacity, so Newcrest make the ideal farm-in partner as they bring expertise and relatively low capital costs for a project of this size."We've found a large mineralised system with the best grades in Paterson," said Gervais, "10 times better than Telfer." "These kind of strong geological systems come along very rarely, and they just keep giving excellent results, but its very rare to see results like this" said the CEO.
Greatland Gold (GGP)