In his first interview since joining Greatland Gold (LSE:GGP) on Monday 8th February, new CEO Shaun Day outlined his plans for developing Havieron into a producing world class Tier 1 gold mine. He told London South East being out there at Havieron "was a bit like unwrapping a Christmas present at Christmas, its very exciting to be developing a Tier 1 world class asset which is just good fun to be operating."
Shaun Day explained:
"Our three pronged strategy for Paterson in 2021 is to:
1. Develop Havieron
2. The Juri joint venture
3. And we are equally excited about those 100% owned Paterson tenements".
"There's a huge milestone shareholders should be aware of. We are just doing the early works now at the Havieron site, we are about to commence the box cut which will lead straight into building the decline down into the ore body. We have a joint campaign planned for 65,000 metres in the next six months, that's an incredibly aggressive programme and reflects the confidence Newcrest and ourselves have in the project. We also hope to have the Pre-Feasibility study done by the end of the calendar year, by the December quarter."
"Make no mistake, this is a world class asset, and the opportunity to manage a world class asset is rare in anyone's career. So for me this is a brilliant opportunity, and coupled with the fact we are doing it alongside a joint venture partner in Newcrest, shareholders should have a lot of confidence that we have the right team in place both here at Greatland Gold and at Newcrest to develop this asset to a very high standard and bringing great value for shareholders."
Shaun continued: "We were very keen to strategically keep some 100% ground in the Paterson region, our team is excited for it, it has yielded Telfer, it has yielded Havieron and even Rio Tinto has interests up in the North of that package. It's 'Elephant Country', we've kept a couple of tenements there which we are excited about and we are working up projects around there."
Greatland Gold (GGP)