Greatland Gold has shared an update on Newcrest’s drilling campaign at the Havieron deposit in the Paterson region of Western Australia.
In addition, the precious and base metals exploration and development company reported on latest drill results, which confirmed the continuity of higher-grade mineralisation within the South East Crescent and Breccia.
In an update, Greatland Gold 2021 growth drilling programme includes plans for approximately 65,000 metres of drilling within the next six months and will focus on South East Crescent and Breccia, expansion of the existing Inferred Mineral Resource in Northern Breccia, and drill testing and interpretation of the geological and mineralisation controls in Eastern Breccia.
Gervaise Heddle is the chief executive officer of Greatland Gold. He commented: “As earth moving activities commence at Havieron, Newcrest continues to deliver excellent infill results within the existing resource shell and is launching an exciting 2021 growth drilling programme with the potential to further expand the mineralised footprint.
“The latest drill results increase our confidence in the continuity of higher-grade mineralisation and support the potential delivery of an Indicated Mineral Resource. Meanwhile, Newcrest’s plans for 65,000 metres of growth drilling will target several zones which could represent potential extensions to mineralisation outside of the Inferred Mineral Resource estimate, as well as new targets announced today within the Havieron joint venture area.
“Alongside the ramp-up of exploration and early works activities at Havieron, we are also preparing to launch our Juri Joint Venture exploration programme for 2021, which will focus on drill testing priority targets, including the Parlay target within the Black Hills Project and the Goliath, Outamind and Los Diablos targets within the Paterson Range East Project. We look forward to providing regular updates on activities at both joint ventures – Havieron and Juri – in due course,” Heddle added.
Greatland Gold shares are trading -2.80% at 26,15 (1548GMT).