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Greatland excited by review of Paterson data

By BFN News | 09:11 AM | Thursday 17 August, 2017

Greatland Gold is excited by a review of geophysical and geochemical data which highlights the potential for multiple iron-oxide-copper-gold targets across its Paterson project area in Western Australia. It said a review of historical exploration activity indicated that many of the new targets exhibited a similar geophysical signature to the company's Havieron target and had the potential for hosting similar copper and gold mineralisation. Greatland is currently planning field activities for H2 aimed at highlighting the presence of multiple IOCG occurrences in the region. Chief executive Gervaise Heddle said: "We are very excited by the results of this extensive data review which highlight the potential for a new IOCG district in Western Australia. "Our technical team has identified approximately fifty targets across the broader area, and roughly half of those targets lie within Greatland's Paterson licences. "Over the next few weeks, we intend to prioritise the multiple regional targets for further follow up work, while we also prepare our plans for exploration work at the Havieron target itself." At 9:11am: (LON:GGP) Greatland Gold PLC share price was +0.06p at 0.58p Story provided by

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