First exploration campaign at Black Hills

RNS Number : 6847R

Greatland Gold PLC

18 June 2018

 

18 June 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")

Greatland Gold commences first exploration campaign at Black Hills

Geochemical sampling and geological mapping at Black Hills to outline potential drill targets

Further to the announcement of 21 May 2018, Greatland Gold plc (LON:GGP), the precious and base metals exploration and development Company, is pleased to announce that it has commenced its first exploration campaign at the Company's 100% owned Black Hills licence in the Paterson region of Western Australia.

Greatland's first exploration campaign at Black Hills, which includes plans for surface geochemical sampling and geological mapping, is designed to determine the areas with the greatest potential for high-grade gold mineralisation and to outline potential drill targets.

A recent review of historic data highlighted the potential for high-grade, near-surface gold mineralisation at several prospects throughout the Black Hills licence including Saddle Reefs, Eastern, Rogers and Northern Granites (see announcement dated 21 May 2018).

Gervaise Heddle, Chief Executive Officer, commented: "We are very pleased to commence Greatland's first exploration campaign at Black Hills. Black Hills represents a compelling exploration opportunity for the Company with the potential for several zones of high-grade, near-surface gold mineralisation. If results from this exploration campaign are positive, then it is our current intention to rapidly advance exploration at Black Hills over the next six months."

A map of Black Hills' geology and prospect locations can be found on the Company's website at www.greatlandgold.com/paterson/.

 

Enquiries:

Greatland Gold PLC

Callum Baxter/Gervaise Heddle

Tel [phone]

Email:  [e-mail]

www.greatlandgold.com

SPARK Advisory Partners Limited (Nominated Adviser)

Mark Brady/Andrew Emmott/James Keeshan

Tel [phone]

SI Capital Limited (Broker)

Nick Emerson/Alan Gunn

Tel  [phone]

Luther Pendragon (Media and Investor Relations)

Harry Chathli/Ana Ribeiro/Alexis Gore

Tel [phone]

Notes for Editors:

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

The Company has six main projects; four situated in Western Australia and two in Tasmania.  All projects are 100% owned by Greatland.  

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.

 

END

 

 

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