PRIM28 Nov 2018 17:55
Currently on holiday so havent kept up to date assuming this has been discussed??
Primorus Investments plc (AIM: PRIM, NEX: PRIM) is pleased to advise shareholders that, as per its investment mandate, it has purchased a total of 27m shares in AIM-listed metals exploration company Greatland Gold PLC ("Greatland"; (GGP.L)).
Commencing on the 19th of November and finishing on the 26th of November, Primorus has purchased 27m shares at an average price of 1.67p per share representing approximately 0.84% of Greatland's ordinary shares in issue for a consideration of approximately £450,000.
Greatland recently reported an excellent combined drilling intercept of 275m at 4.77g/t gold and 0.61% copper, including an upper zone of 118m at 3.08g/t gold and 0.84% copper from 459m and a lower zone of 157m at 6.04g/t gold and 0.44% copper from 660m (HAD005) at its 100%-owned Havieron Gold/Copper project in the Paterson Province region of Western Australia.
Previously announced drilling by Greatland at Havieron also yielded excellent results, including 121m at 2.93g/t gold and 0.23% copper from 497m (HAD001) and 21m at 3.79g/t gold 0.44% copper from 418m (HAD003). Further drilling results from Havieron are pending.