LONDON (Alliance News) - Greatland Gold PLC said Tuesday it has started its 2019 exploration programme on the Black Hills licence in Paterson, Western Australia.
The precious and base metals explorer commenced the programme with a deep sensing induced polarisation survey at the licence, with the intent to extend the strike length of the chargeability anomaly identified in 2018.
Data from the survey, as well as additional field mapping work will go towards refining drill targeting for the upcoming campaign, which is expected to start in early June.
The drilling campaign will include more than 20 reverse circulation drill holes to depths of up to 300 metres for 6,000 metres of drilling in total.
"We are very pleased to have commenced 2019 field activities in the Paterson region, which is currently one of the most active exploration areas in Australia following recent exploration success by Greatland and others," said Chief Executive Officer Gervaise Heddle.
"The high-powered, deep-penetrating IP survey at Black Hills is designed to test whether the large, chargeability anomaly that was previously identified over 1,000m of strike, and which is spatially coincident with gold mineralisation identified at surface, continues further to the south-east," Heddle added.
Shares in Greatland Gold were up 2.2% at 1.6 pence on Tuesday.
Greatland Gold (GGP)