Value added21 May 2018 10:12
Gervaise Heddle, Chief Executive Officer, commented: "Our first exploration programme at Black Hills marks another important step for Greatland. Sitting near the 27 million ounce Telfer gold deposit and hosting an equivalent style of mineralisation, Black Hills represents a compelling and high priority exploration opportunity for the Company.
"Results from our forensic review of the historic data have further highlighted the licence's prospectivity for multiple zones of high-grade, near-surface gold mineralisation. Importantly, this means that exploring Black Hills' potential will be a relatively low-cost and low-risk endeavour, but one with substantial potential upside.
"The Black Hills project epitomises our strategy of targeting under-explored areas with great potential. We believe it represents an excellent opportunity for Greatland and we are excited to get started with the exploration programme."