We would love to hear your thoughts about our site and services, please take our survey here.
Great scenario for GGP. Newcrest gave GGP the data to go drill. Rio now enters the scene with an application for a licence next door. Newmont own the nearby 27 million oz gold Telfer mine. We are not a one tric pony either, we have gold m nickel and cobalt
Greatnposts Applegarth. Report the trolls. Then filter them
We have a 130k chunk buyer loading here. Wise move.
Gervaise Heddle, Chief Executive Officer, commented: Â "We are delighted by the results from the first programme which demonstrate the potential of Havieron to host a large mineralised system. The results have provided us with a high degree of confidence to commit to additional work which is designed to further outline the extent of high grade mineralisation.
Â
"We are further encouraged by Rio Tinto's application for an exploration licence adjacent to Greatland's Havieron licence soon after we disclosed exceptional results from our first drill hole. We look forward to keeping the market updated on our progress."
Why does Rio Tinto apply for exploration licence next to GGP?
The Paterson project covers more than 385 square kilometres in the Paterson region of Western Australia and includes the Havieron licence, the Paterson Range East licence, and the recently acquired Black Hills licence.
Excellent post;
Had to share
Today 11:22If the potenitial in Greatland projects is fully realised as emerging now at Havieron and BH then we are just at the start of the journey to monetisation this year for the company.
The following is a scenario of events that could occur based on known news due in the next few months, Im just extrapoloating on the data we already have on the projects and admittedly assuming continued success in GGP exploration efforts:
JULY
Firetower 3 DIP results returned establishing the potential scale of strike, drilling planned for Oct
BH finish survey, more gold over 300m of strike and announce MMI campaign
AUGUST
Carnegie nickel target in EG drill results returned showing excellent scale of strike and grades with a potential for a £xxx million resource in the ground value
MMI results at BH provide evidence of the system extending into Havieron asset, fast tracked drilling campaign announced for September
Panorama cobalt drilling programme announced in Oct, Panorama MMI survey announced
SEPTEMBER
Further 10 Drilling starts at HAV
BH – drilling commences
Ernest Giles drill results back showing promising results on the Meadows prospect over 5km long and 1.5 km wide area showing the potential for xxx m oz of gold, negotiations announced with majors, other EG prospects evaluation planned
OCTOBER
Panorama cobalt drilling returns very good results
Panorama MMI results - scale of strike North and south gold in streams prospects with promising results
NOV/DEC
Firetower drill proves up xxx m oz strike
HAV drill results returned proving an extensive mineralised system of xxx m oz with excellent gold grades
BH drill results returned –very good grades at surface - fast track sale announced
Shareprice by then.....
We could have a partnership deal announced at any time.
The answer is in the current acrivities. Majors like to see results from exploration and that’s why GGp have gone hell bent on a masssive exploration campaign and the results so far have been excellent. Why do you think Rio Tinto have next doors licence now?
Interesting Strategy document for Rio in Australia from 2015:
http://www.riotinto.com/documents/150803_Rio_Tinto_Exploration_strategy_and_exploration_in_Australia_Diggers_and_Dealers_Ian_Ledlie.pdf
“Finally, to sustain the significant production expansion the mining industry has witnessed over the past decade new high quality discoveries are required”
Why would Rio want to miss the next 27M Telfer on its doorstep?
Excellent post Tuburn. Buy and hold for gold , nickel cobolt and Rio Tinto. We are neighbours now.
Greatland Gold plc (AIM: GGP) is a London listed natural resource exploration and development company with a current focus on gold, nickel and cobalt exploration projects.
The Company has six main projects; four situated in Western Australia and two in Tasmania. All projects are 100% owned by Greatland or Greatland has the right to take 100% ownership.
Greatland is seeking to identify large mineral deposits in areas that have not been subject to extensive exploration previously. It is widely recognised that the next generation of large deposits will come from such under-explored areas and Greatland is applying advanced exploration techniques to investigate a number of carefully selected targets within its focused licence portfolio.
Did I hear Rio Tinto next door to us :-)
Yes 2 x 1 million buys reported late @ 1.62p.
You can sell any number they will take them all. Hold for gold and lots more news.
You wish, read my last post. I expect more black hills (nuggets)news next Monday or Tuesday. Interesting to see if the Havei4on and black hills,could be part of the same play. The have several hundred meters ther are surface exploring as we speak.
Wait till Black Hills news drops and any reference to minerelisation extends or is part of Haveiron the sp will go ballistic here. Note they keep mentioning the 27M oz Telfer mine. They are trying to connect all the dots together to give themselves and the likes of Rio Tinto & Newcrest a clearer picture of the type of system at play. surely they think they have something similar to the Telfer.
Currently 3 buys v 1 Sell.
We are waiting for black hills results of several hundred meters. More nuggets me thinks.
1. Mentions Large mineralised system in play
2. Mentions Rio gets adjacent licence next to GGP
3. Mentions the 27M oz Telfer gold mine in every RNS.
·    Results from final three holes further demonstrate the potential for Havieron to represent a very large mineralised system with robust intervals including:
o HAD003 -21m at 3.78g/t gold and 0.44% copper from 418m, including 1m at 29.12g/t gold and 0.4% copper from 428.5m;
o HAD002 - 1m at 5.9g/t gold and 0.24% copper from 443m and 2m at 5.44g/t gold from 488m;
·    HAD003 was drilled 100 metres north west from previously reported HAD001, and results from HAD003 further highlight the potential size of the high grade mineralised zone at Havieron;
·    Elevated gold and copper results persisted to end of all holes suggesting the mineralisation continues at depth;
·    Drill holes HAD002 and HAD004 appear to be on the periphery of the high grade zone at Havieron and grades increased with depth in all holes;
·    New drill campaign at Havieron includes plans for up to ten core holes to 600 metres each for a total of approximately 6,000 metres to further determine the extent and the direction of the high grade zone of mineralisation at Havieron;
·    New drill programme to start during September 2018 and is expected to take 10 weeks to complete.
Â
Gervaise Heddle, Chief Executive Officer, commented: Â "We are delighted by the results from the first programme which demonstrate the potential of Havieron to host a large mineralised system. The results have provided us with a high degree of confidence to commit to additional work which is designed to further outline the extent of high grade mineralisation.
Â
"We are further encouraged by Rio Tinto's application for an exploration licence adjacent to Greatland's Havieron licence soon after we disclosed exceptional results from our first drill hole. We look forward to keeping the market updated on our progress."
Â
And any buying for more news next week we should be up to 1,9 again. I think we have a few big companies eyeing us up. Why mention Rio.}
Around 2.5M shares traded today @ between 92p and £1.09 & that includes the NEX exchange. Woodford is happy loading up at these levels & I expect another holdings tomorrow or Monday Morning. There is only 20M shares in free float. Woodford & co taking most of that out. I like the fact that this company is developing other vaccines. Mosquito and Asthma trials are being undertaken as we speak and results due soon.
Another holdings RNS tomorrow or Partner tie up in the morning?
Woodford continue to buy and looks like it’s not stopping yet. Look at the last 7 RNS’s. Holding and accumulating more and more. The end game here is multiples of where we are ;-))))