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Greatland Gold PLC - London-based development and exploration company, specialising in one-tier gold and copper deposits in Australia - Says it continues to intersect high-grade copper and gold mineralisation at the south east crescent of its 70%-owned Havieron project. Notes intersections of 6.6 grams of gold per tonne and 0.26% copper over 32 metres, as well as 46 metres at 4.2 grams of gold per tonne and 0.16% copper. Adds that it has completed 2,400 metres of drilling so far, including 1,700 metres of advance in the main access decline.
Managing Director Shaun Day comments: "We continue to be very pleased with the ongoing progress of the Havieron development which has now surpassed a total of more than 2,400 metres.
"Our most recent drilling affirms the impressive widths and high grade nature of the South East Crescent. Particularly encouraging is confirmation of continuous mineralisation through the link zone which connects the South East Crescent with the Eastern Breccia."
Current stock price: 6.60 pence per share
12-month change: down 30%
By Harvey Dorset, Alliance News reporter
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