Greatland Gold makes rapid progress at Paterson South
November 06, 2023 at 09:05 am
Share
(via NewsDirect)
Greatland Gold PLC (AIM:GGP, OTC:GRLGF) managing director Shaun Day speaks to Thomas Warner from Proactive London after the mining development and exploration company announced it has completed a maiden drilling campaign at the Paterson South project.
The initial drilling program has successfully met the first stage of their earn-in agreement with Rio Tinto. Day says that the swift mobilisation showcases the team's efficiency and the potential of the region, buoyed by a rich geophysical database provided by Rio Tinto. Day expressed optimism in their technical approach, which yielded mineralization in initial drilling results, particularly at the Stingray target.
Greatland Gold's strategic moves also include drilling in the Scallywag area, with assay results anticipated soon. Day confirms that drilling efforts at Paterson South will resume in the autumn. He goes on to say that Greatland Gold is also poised to take advantage of government co-funding for drilling through the EIS scheme. The interview concludes with Day's commitment to ongoing exploration and the melding of established projects with new, exciting ventures.
Contact Details
Proactive UK Ltd
+44 20 7989 0813
uk@proactiveinvestors.com
Copyright (c) 2023 TheNewswire - All rights reserved.
Copyright (c) 2023 TheNewswire - All rights reserved., source Press Releases
Greatland Gold plc is a United Kingdom-based mining development and exploration company, which is focused on precious and base metals. The principal activities of the Company consist of the development of the Havieron gold-copper project (Havieron) and the exploration and evaluation of mineral tenements within Australia. The Havieron is a gold-copper project centered on a deep magnetic anomaly located within mining Lease M45/1287 in the Paterson Province of Western Australia, approximately 485 kilometers (km) southeast of the town of Port Hedland and 45km east of Telfer. Its projects also include the Ernest Giles Project, the Panorama Project, Juri Project, Paterson South Project, Greater Paterson Project, and the Bromus Project. The Ernest Giles Project is located in central Western Australia. The Panorama Project is located in the Pilbara region of Western Australia. The Bromus Project is located over 20 kilometers southwest of the town of Norseman in southern Western Australia.