RE: I know30 Mar 2020 16:35
New Outstanding Drill Results at Havieron
Mon, 2nd Dec 2019 07:00
RNS Number : 2477V
Greatland Gold PLC
02 December 2019
2 December 2019
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).
Greatland Gold plc
("Greatland" or "the Company")
New Outstanding Drill Results at Havieron Extend the Strike Length of High-Grade Mineralisation
Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, is pleased to provide an update on Newcrest's drilling campaign at Greatland's 100% owned Havieron licence in the Paterson region of Western Australia.
Summary
· Outstanding, high-grade results from Newcrest's drilling campaign at Havieron significantly extend zones of high-grade mineralisation to the north.
· Step out drill hole HAD023 intersects high-grade mineralisation 300 metres north of HAD005:
o 107m @ 2.2g/t Au from 656m, including 21m @ 10g/t Au from 665m (HAD023)
· Newcrest has completed Stage 1 of the Farm-in Agreement (US$10 million in expenditure) and has commenced Stage 2 (additional US$10 million in expenditure).