CEO says it is ‘a momentous step in the development of Havieron as a world-class gold-copper mine’
Greatland Gold (AIM:GGP), the precious and base metals exploration and development company, has on Wednesday announced commencement of the underground decline at the Havieron Gold-Copper Project in the Paterson province of Western Australia.
This news, according to a statement released by the company today, sets Havieron on course to become a large, multi-commodity, bulk tonnage, underground mining operation.
Shaun Day, Chief Executive Officer of Greatland Gold, commented: “This is a momentous step in the development of Havieron as a world-class gold-copper mine. I am delighted by progress on site and this fast-tracked milestone is indicative of the potential scale of the deposit and the opportunity seen by our partners Newcrest.”
“By providing access to the top of the orebody, the decline sets Havieron on course to become a large, multi-commodity, bulk tonnage, underground mining operation. Alongside the ongoing growth drilling, the next key milestone will see the completion of a Pre-Feasibility Study and we are on track to deliver this in the second half of 2021.”
Greatland Gold plc is a London Stock Exchange AIM-listed natural resource
exploration and development company with a current focus on precious and base metals.
The Company’s flagship asset is the world class Havieron gold-copper deposit in the Paterson
region of Western Australia. This asset is held in joint venture with Newcrest Mining Ltd.
Havieron is located approximately 45km east of Newcrest’s Telfer gold mine, processing
plant and existing infrastructure.