If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

Less Ads, More Data, More Tools Register for FREE
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO
Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPOView Video
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant
Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plantView Video

Latest Share Chat

Pin to quick picksGreatland Gold Share News (GGP)

Share Price Information for Greatland Gold (GGP)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 6.05
Bid: 6.00
Ask: 6.10
Change: 0.07 (1.17%)
Spread: 0.10 (1.667%)
Open: 5.95
High: 6.12
Low: 6.00
Prev. Close: 5.97
GGP Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Greatland Gold reports more progress at Havieron

Thu, 10th Mar 2022 12:50

(Sharecast News) - Greatland Gold updated the market on exploration and development at the Havieron gold-copper project in the Paterson region of Western Australia on Thursday, reporting that six drill rigs were now operational after the Christmas shutdown.

The AIM-traded firm said all rigs were focussed on growth programmes, including defining the mineralised footprint of the Eastern Breccia, focusing on extending the higher-grade mineralisation which remains open in all directions.

They were also targeting extensions to the South East Crescent below the updated mineral resource, in addition to lateral extensions adjacent to the existing high-grade resource.

At the Northern Breccia, they were focussed on delineating existing high-grade mineralised zones within the Northern Breccia and Northwest Pod.

There was also drilling now taking place on targets identified outside of the immediate vicinity of the Havieron deposit, but within the Havieron joint venture area.

Greatland said a high-grade result in the NW Pod on the northwest margin of the Havieron Breccia system confirmed the potential for further high-grade sulphide mineralisation outside the SE Crescent Zone, with 52.7 metres at 7.1 grams of gold per tonne and 0.04% copper from 1,074 metres in hole HAD089W4.

Drilling into the Eastern Breccia, meanwhile, returned a "broad zone" of mineralisation on the southern flank of the recently-announced initial mineral resource, with 70.2 metres at 0.82 grams of gold per tonne and 0.22% copper from 1,654.8 metres in hole HAD145A.

Northern Breccia drilling was continuing to assess the extents of higher-grade mineralisation within the core of the Havieron Breccia, with results in HAD145A intersecting a zone of copper dominant sulphide mineralisation that was currently open at depth, being 69 metres at 0.72 grams of gold per tonne and 1.1% copper from 1,300 metres.

Greatland said early works were advancing, with construction activities progressing "well" and achievements including the box cut and portal completed, the exploration decline advancing 296 metres, and the first ventilation shaft blind boring having commenced.

Works to progress the necessary approvals and permits required to commence the development of an operating underground mine and associated infrastructure at the Havieron Project were also ongoing.

Finally, Greatland said feasibility study work by Newcrest was continuing, along with concurrent studies assessing broader growth options for Havieron.

Upside opportunities were being evaluated to increase the scale and life of Havieron, as well as presenting the opportunity to adopt alternative, lower cost mining methods.

The company said the feasibility study was still forecast to be delivered in the December quarter.

"The ramp up of the 2022 growth drill programme is an exciting time for Greatland and its shareholders as it presents an opportunity to further understand the size and scale of the Havieron system," said chief executive officer Shaun Day.

"This growth drilling programme is already delivering pleasing results with high-grade sulphide mineralisation confirmed in the NW Pod, several hundred metres away from the South East Crescent and Eastern Breccia zones.

"This, along with a continuation of the high-grade mineralisation outside of the recently updated initial mineral resource for the Eastern Breccia is a fantastic start to the calendar year."

Day said the company was also encouraged by the higher grade copper results being seen near the base of the Northern Breccia.

"With five drill rigs testing extensions to the current mineralised system and a further drill rig testing for new opportunities on the mining licence outside of the immediate known mineralisation, the 2022 drilling programme lays the foundation for defining the next phase of Havieron's growth."

At 1234 GMT, shares in Greatland Gold were down 7.08% at 14.31p.

More News
30 Apr 2024 12:03

Greatland Gold touts progress at Havieron as total development rises

(Alliance News) - Greatland Gold PLC on Tuesday celebrated "significant" progress in the March quarter, with total development at Havieron exceeding 3,060 metres.

Read more
25 Apr 2024 20:57

TRADING UPDATES: Norcros sells Johnson Tiles UK; Trifast trading well

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
5 Mar 2024 12:25

Greatland reports decent progress in interim report

(Sharecast News) - Greatland Gold reported progress at its flagship Havieron gold-copper project in an interim report on Thursday, and updates on exploration activities across its Australian portfolio.

Read more
5 Mar 2024 11:52

IN BRIEF: Greatland Gold annual loss narrows but reports higher costs

Greatland Gold PLC - Australia-focused exploration and development company - Says pretax loss narrows to GBP5.5 million in 2023 from GBP13.3 million the year before. However, says its exploration expenses rose 59% to GBP2.7 million GBP1.7 million the year prior. The firm generates no revenue for the year, unchanged from 2023.

Read more
22 Feb 2024 14:33

IN BRIEF: Greatland Gold celebrates updated Havieron gold estimate

Greatland Gold PLC - Australia-focused exploration and development company - Notes the updated annual reserve and resource statement from Newmont Corp for the pair's Havieron gold-copper project. Havieron is Greatland's flagship exploration project, located in Western Australia.

Read more
8 Feb 2024 10:37

Greatland Gold upbeat on recent drilling at Ernest Giles

(Sharecast News) - Greatland Gold announced the conclusion of its Western Australian government co-funded drilling programme at the Meadows gold prospect on Thursday, situated within its wholly-owned Ernest Giles project.

Read more
8 Feb 2024 09:43

Greatland Gold confirms gold mineralisation at Ernest Giles project

(Alliance News) - Greatland Gold PLC on Thursday confirmed gold mineralisation and pathfinder geochemistry at its Meadows prospect in the Ernest Giles project.

Read more
25 Jan 2024 14:11

Greatland Gold says Haveiron project benefiting from Newmont support

(Alliance News) - Greatland Gold PLC on Thursday said development is progressing at its flagship Haveiron gold-copper project in western Australia, with added support from its recent joint venture partner Newmont Corp.

Read more
9 Jan 2024 09:29

LONDON BROKER RATINGS: Berenberg cuts target prices for miners

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Wednesday:

Read more
21 Dec 2023 14:00

Greatland announces rise in Havieron mineral resource

(Sharecast News) - Greatland Gold announced a significant increase in its mineral resource estimate for the Havieron gold-copper project in Western Australia's Paterson province on Thursday.

Read more
21 Dec 2023 10:58

Greatland Gold reports increased gold content at Haveiron project

(Alliance News) - Greatland Gold PLC on Thursday provided a promising update on mineral resource estimates for its Haveiron gold-copper project.

Read more
13 Dec 2023 12:07

Greatland Gold unveils results of drilling at Scallywag

(Sharecast News) - Greatland Gold announced the results of its 2023 drilling and geophysical exploration programme at its wholly-owned Scallywag tenement in the Paterson Region of Western Australia on Wednesday, next to its flagship Havieron gold-copper project.

Read more
13 Dec 2023 10:38

Greatland Gold finds anomalous gold and copper at Scallywag tenement

(Alliance News) - Greatland Gold PLC on Wednesday said anomalous gold and copper, and key pathfinder metal geochemistry, returned in assays from all four prospects at its Scallywag tenement.

Read more
30 Nov 2023 11:35

Greatland upbeat on Panorama surface sampling results

(Sharecast News) - Greatland Gold revealed the outcomes of its recent surface sampling efforts conducted across its Panorama East, Panorama, and Panorama North tenure on Thursday.

Read more
30 Nov 2023 09:58

Greatland Gold hails confirmation of nickel prospectivity at Panorama

(Alliance News) - Greatland Gold PLC on Thursday confirmed nickel prospectivity at Panorama, following soil sampling at the site.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.