RE: Read all about it !22 Nov 2018 10:14
Into this heady mix now steps Greatland with a world class intercept that could well be the first of many. What’s special about the Greatland result isn’t just the grade and width. It’s also that the hole ended in mineralisation. That conceivably means that the same hole, if twinned but drilled deeper, would return even more mineralisation a second time around. Such a hole is unlikely at this stage of the game though, as Greatland is instead now bent on drilling more holes into Havieron to see just what sort of intercepts come back from the wider area. With the intercept at Havieron already banked, Greatland already has skin in the wider chess game that’s now developing around the district. Naysayers will point to the depth as a negative factor, but with Newcrest and Rio Tinto circling, that’s unlikely to be the deciding factor. For major companies like that, depths of 400 metres-plus aren’t necessarily off-putting at all. Rather 275 metres of highly mineralised ore represents a real advertisement in the shop window, and it wouldn’t be surprising if before too long one major or another appeared on the Greatland share register in quite a significant way, as well as tying up a deal at the project level too.