Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGreatland Resources Regulatory News (GGP)

Share Price Information for Greatland Resources (GGP)

Share Price is delayed by 15 minutes
Get Live Data
644.00    11.00 (1.74%)
Bid:
646.00
Ask:
647.00
Spread: 1.00 (0.155%)
Market Cap: £4.33b
GGP Live PriceLast checked at - London Stock Exchange

Intraday Greatland Resources Share Chart

Black Hills: Further Gold Found in Surface Samples

2 Jul 2018 07:00

RNS Number : 1630T
Greatland Gold PLC
02 July 2018
 

2 July 2018

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).

 

Greatland Gold plc

("Greatland" or "the Company")

 

Further Gold Found in Surface Samples at Black Hills

 

Further to the announcements of 18 June 2018 and 21 June 2018, Greatland Gold plc (AIM: GGP), the precious and base metals exploration and development company, is pleased to announce that additional gold pieces have been recovered from surface samples at its 100% owned Black Hills licence in the Paterson region of Western Australia.

 

On 21 June, Greatland announced that multiple pieces of gold had been recovered from surface during the first few days of the Company's maiden exploration campaign. Since that time, the field team have continued to collect surface samples. Prospective rock sequences have been observed at several areas with numerous indications of mineralisation in bedrock. Further gossanous samples have been collected from outcrop and additional primary gold mineralisation has been located in bedrock at the Saddle Reefs area where gold is present as coarse pieces in rock samples from surface. These extra finds add significantly to gold pieces already located and have extended the strike length of gold in bedrock at Saddle Reefs to approximately 200m (previously reported 150m), with the northern and southern strike extent of the mineralised sequence being obscured by a thin veneer of sand cover.

 

Greatland is currently reviewing a range of exploration options, which will initially focus on determining the potential extent of the zone of high grade gold mineralisation at Saddle Reefs, and the Company expects to make an announcement regarding its future plans for Black Hills within the next few weeks.

 

Selected photos of recently collected samples, including gold in bedrock and gold nuggets, from the Black Hills licence can be found under the 'Black Hills' section of the Paterson project page on the Company's web site at www.greatlandgold.com/paterson/.

 

The Black Hills licence covers 25 square kilometres in the Paterson Region of Western Australia and lies adjacent to the Company's Havieron licence. Previous work by companies including Newcrest Mining Limited has outlined several zones of gold mineralisation in rocks equivalent to those of the large Telfer gold deposit (27m oz) which lies 30km to the west. Management believes that the gold mineralisation identified to date on the Black Hills licence may extend into the north western portion of Greatland's Havieron licence.

 

Gervaise Heddle, Chief Executive Officer, commented: "Greatland's first exploration campaign at Black Hills has clearly established the presence of high grade gold mineralisation at surface across a 200 metre strike length at the Saddle Reefs prospect. Given this exciting start, we intend to accelerate our exploration efforts at Black Hills which will initially focus on determining the potential extent of the zone of high grade gold mineralisation at Saddle Reefs. Results from rock chip sampling will be announced to the market in due course."

 

Additional information on the Black Hills licence can be found under 'Paterson' on the Company web site at www.greatlandgold.com/projects.

 

Competent Person:

 

Information in this announcement that relates to exploration results is based on information compiled by Mr Callum Baxter, a director of Greatland Gold plc, who is a member of the Australasian Institute of Mining and Metallurgy and Australian Institute of Geoscientists. Mr Baxter has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which has been undertaken to qualify as a Competent Person as defined by the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) and under the AIM Rules - Note for Mining and Oil & Gas Companies. Mr Baxter consents to the inclusion in the announcement of the matters based on their information in the form and context in which it appears.

 

 

Enquiries:

 

Greatland Gold PLC

Callum Baxter/Gervaise Heddle

Tel: +44 (0)20 3709 4900

Email: info@greatlandgold.com

www.greatlandgold.com

 

SPARK Advisory Partners Limited (Nominated Adviser)

Mark Brady/James Keeshan/Andrew Emmott

Tel: +44 (0)20 3368 3550

 

SI Capital Limited (Broker)

Nick Emerson/Alan Gunn

Tel: +44 (0)14 8341 3500

 

Luther Pendragon (Media and Investor Relations)

Harry Chathli/Ana Ribeiro/Alexis Gore

Tel: +44 (0)20 7618 9100

 

 

Notes for Editors:

 

Greatland Gold plc (AIM: GGP) is a London listed natural resource exploration and development company with a current focus on gold, nickel and cobalt exploration projects.

 

The Company has six main projects; four situated in Western Australia and two in Tasmania. All projects are 100% owned by Greatland or Greatland has the right to take 100% ownership.

 

Greatland is seeking to identify large mineral deposits in areas that have not been subject to extensive exploration previously. It is widely recognised that the next generation of large deposits will come from such under-explored areas and Greatland is applying advanced exploration techniques to investigate a number of carefully selected targets within its focused licence portfolio.

 

The Company is also actively investigating a range of new opportunities in precious and strategic metals and will update the market on new opportunities as and when appropriate.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DRLUGUWWMUPRGBG
Date   Source Headline
1st Jun 20267:33 amRNS-RExecution of Debt Facilities and Havieron Approval
29th May 20269:07 amRNSDirector/PDMR Shareholding
28th May 20267:01 amRNSHolding(s) in Company
26th May 20268:27 amRNSHavieron Environmental Approvals Received
19th May 20267:23 amRNSIssue of shares
11th May 20267:41 amRNSExploration Update – West Dome Underground
8th May 20267:23 amRNSHolding(s) in Company
5th May 20267:34 amRNSDirector/PDMR Shareholding
28th Apr 20267:00 amRNSMarch 2026 Quarterly Activities Report
23rd Apr 20267:22 amRNSMarch 2026 Quarter Results and Webcast
15th Apr 20267:13 amRNSGrant of Employee Share Rights
15th Apr 20267:13 amRNSExercise and Lapse of Equity Incentive Securities
8th Apr 20267:23 amRNSHolding(s) in Company
8th Apr 20267:17 amRNSMarch 2026 Quarter Production Update
31st Mar 20267:12 amRNSHolding(s) in Company
30th Mar 20267:00 amRNSDecember 2025 Group Mineral Resource Stmt.
30th Mar 20267:00 amRNSDecember 2025 O'Callaghans Mineral Resource Stmt.
24th Mar 20267:26 amRNSHolding(s) in Company
24th Mar 20267:24 amRNSHolding(s) in Company
16th Mar 20267:09 amRNSRetirement of Non-Executive Director Clive Latcham
26th Feb 20267:19 amRNSHolding(s) in Company
23rd Feb 202610:04 amRNSHalf-Year Financial Results
23rd Feb 20267:04 amRNSHolding(s) in Company
19th Feb 20269:04 amRNSHolding(s) in Company
18th Feb 20267:04 amRNSManagement Update
17th Feb 20267:49 amRNSHolding(s) in Company
4th Feb 20267:54 amRNSHolding(s) in Company
28th Jan 20267:18 amRNSDecember Quarter 2025 Activities Report
22nd Jan 20267:51 amRNSHolding(s) in Company
22nd Jan 20267:41 amRNSExploration and Resource Development Update
21st Jan 20268:39 amRNSHolding(s) in Company
20th Jan 20267:42 amRNSHolding(s) in Company
7th Jan 20267:41 amRNSDecember 2025 Quarter Production Update
6th Jan 20267:26 amRNSExercise of Performance Rights
23rd Dec 20258:44 amRNSGrant of FY26 Performance Rights
23rd Dec 20258:42 amRNSHolding(s) in Company
9th Dec 20252:31 pmRNSHolding(s) in Company
5th Dec 20259:31 amRNSDirector/PDMR Shareholding
4th Dec 20258:45 amRNS2025 Modern Slavery Statement
2nd Dec 20258:32 amRNSIssue of Shares
1st Dec 20257:18 amRNSHavieron Project – Feasibility Study
1st Dec 20257:01 amRNSHolding(s) in Company
27th Nov 20257:03 amRNSWest Dome Underground Project Update
13th Nov 20259:15 amRNSResults of 2025 Annual General Meeting
13th Nov 20257:19 amRNSHeadline: 2025 AGM - Chairman's Address
10th Nov 20257:47 amRNSHolding(s) in Company
27th Oct 20259:45 amRNSHolding(s) in Company
27th Oct 20258:05 amRNSQuarterly Activities Report
23rd Oct 20257:46 amRNSSeptember 2025 Quarter Results
22nd Oct 20258:52 amRNSSeptember 2025 Quarter Drilling Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.