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Greatland identifies additional targets at Panorama project

By BFN News | 09:45 AM | Tuesday 24 October, 2017


Greatland Gold said an ongoing review of historical data and initial field reconnaissance had highlighted additional gold potential at its Panorama project in the Pilbara region of Western Australia. It said that in the northern licence area, an ongoing data review had revealed multiple historic rock chip samples with an elevated gold response along a 3.2 kilometre zone including results of 10.5g/t, 14.0g/t, 14.5g/t, 20.0g/t and 66.0g/t gold. And Greatland said its technical team had completed field reconnaissance along this zone and had confirmed that visual indications of mineralisation were present, with verification rock chip sampling of this area currently being conducted. It said that in the southern licence area, detailed government geological mapping confirmed the presence of lower Fortescue Group coarse grained sandstones and conglomerates at two locations. It said tThe first area of coarse grained sandstones and conglomerates had a strike length of approximately 1.9km and the second 2.6km, with one of the areas showing a co-incident gold in streams anomaly peaking at 4.6ppb gold. At 9:45am: (LON:GGP) Greatland Gold PLC share price was +0.04p at 2.42p Story provided by StockMarketWire.com

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