RE: You won't ever see 1p again....lol25 Jul 2019 07:52
The Havieron Project is operated by Newcrest under a farm-in agreement with Greatland Gold. It is centred on a
deep magnetic anomaly located 45km east of Telfer. The target is overlain by more than 400m of post mineralised
cover. Newcrest commenced drilling during the June 2019 quarter. Two rigs were operational with one existing drill
hole, HAD006 extended and two new holes HAD010 and HAD011 completed for a total of 2800m of drilling. A third
rig has since commenced operation at site.
The Newcrest drilling program is designed to:
• Define the extent of the upper gold zone
• Test the depth extents of the mineralisation and associated magnetic anomaly
• Search for additional zones of mineralised breccia within the footprint of the coincident magnetic
anomaly.
Newcrest extended the Greatland Gold hole HAD006 from 838m to 1,216m. Hole HAD006, the deepest on the
project to date, has successfully identified high grade mineralisation at depth, with mineralisation now observed over
700m in vertical extent, and remaining open at depth, to the north and south. Assay results returned include:
• HAD006 (extension): 23m @ 1.0 g/t Au and 0.19% Cu from 872m
12m @ 3.1 g/t Au and 0.08% Cu from 1071m
52 m @ 7.0 g/t Au and 0.17% Cu from 1122 m
incl 17 m @ 21 g/t Au and 0.39% Cu from 1153 m
Hole HAD010 was drilled to the southeast of the main complex and did not intersect any significant mineralisation.
Drilling has traversed over the top of the mineralised zone in the cover sequence.
In Newcrest hole HAD011, sulfide-bearing breccia was observed over 100m laterally at -500mRL on either side of
the central post mineral dolerite dyke. Assays results from the zones included:
• HAD011: 39m @ 1.1g/t Au and 0.82% Cu from 754m
48m @ 0.59g/t Au and 0.90% Cu from 838m
Hole HAD011 extended the known mineralised breccia and confirmed that copper grades are increasing with
depth, with local values up to 2.3% Cu. Higher-grade gold mineralisation was observed in these zones, with the
highest value being 1m at 13g/t Au.