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
720.50    0.50 (0.07%)
Bid:
720.50
Ask:
722.00
Spread: 1.50 (0.208%)
Market Cap: £4.85b
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
10th Dec 20207:00 amRNSFurther Drilling Results at Havieron
8th Dec 202010:38 amRNSResult of AGM
7th Dec 20202:00 pmRNSPrice Monitoring Extension
30th Nov 20207:00 amRNSTwo JV Agreements and Funding for Havieron
10th Nov 20208:37 amRNSNotice of AGM and Annual Report
9th Nov 20202:06 pmRNSSecond Price Monitoring Extn
9th Nov 20202:01 pmRNSPrice Monitoring Extension
5th Nov 20208:51 amRNSFinal results for the year ended 30 June 2020
2nd Nov 202012:26 pmRNSIssue of shares and total voting rights
29th Oct 20207:00 amRNSPotential New Eastern Breccia Target at Havieron
2nd Oct 20202:05 pmRNSSecond Price Monitoring Extn
2nd Oct 20202:00 pmRNSPrice Monitoring Extension
1st Oct 20203:20 pmRNSIssue of shares and total voting rights
29th Sep 202012:19 pmRNSExercise of Options
28th Sep 20201:16 pmRNSExercise of Options
25th Sep 202011:20 amRNSExercise of Options
24th Sep 20204:35 pmRNSPrice Monitoring Extension
18th Sep 20204:41 pmRNSSecond Price Monitoring Extn
18th Sep 20204:35 pmRNSPrice Monitoring Extension
10th Sep 20208:55 amRNSMining Lease Granted at Havieron
10th Sep 20207:00 amRNSLatest Drilling Results at Havieron
1st Sep 20201:16 pmRNSIssue of shares and total voting rights
27th Aug 202010:35 amRNSAppointment of Auditor
19th Aug 20208:44 amRNSGreatland commences drilling at Scallywag prospect
17th Aug 202010:10 amRNSTR-1: Notification of major holdings
6th Aug 20201:28 pmRNSDirector Dealing
4th Aug 20209:52 amRNSBlock Listing Six Monthly Return
4th Aug 20209:47 amRNSIssue of shares and total voting rights
3rd Aug 202010:45 amRNSApplication for Mining Lease at Havieron
30th Jul 20208:49 amRNSAppointment of Joint Brokers
29th Jul 202010:47 amRNSExercise of Options and Director Dealing - Replace
29th Jul 202010:07 amRNSExercise of Options and Director Dealing
24th Jul 202010:38 amRNSExercise of Options and Director Dealing
23rd Jul 20207:00 amRNSNew Zone of Mineralisation Identified at Havieron
15th Jul 20208:32 amRNSJoint Broker Update
14th Jul 20202:19 pmRNSExtension of Vesting Period of Director Options
2nd Jul 202012:45 pmRNSDirector/PDMR Shareholding
1st Jul 202011:03 amRNSIssue of shares and total voting rights
30th Jun 20209:44 amRNSUpdate on Exploration in the Paterson
16th Jun 20201:57 pmRNSExercise of Options and Director Dealing
11th Jun 20207:00 amRNSFurther Outstanding Drill Results from Havieron
8th Jun 20209:09 amRNSHavieron - Mining Lease application agreements
1st Jun 202012:40 pmRNSIssue of shares and total voting rights
29th May 20204:41 pmRNSSecond Price Monitoring Extn
29th May 20204:35 pmRNSPrice Monitoring Extension
22nd May 202011:03 amRNSExercise of Options
19th May 202011:02 amRNSExercise of Options and Director Dealing
1st May 202012:46 pmRNSIssue of shares and total voting rights
30th Apr 20209:05 amRNSSecond Price Monitoring Extn
30th Apr 20209:00 amRNSPrice Monitoring Extension

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.