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Greatland Gold PLC

Greatland Gold's Heddle says Havieron's latest drill results are outstanding

Greatland Gold PLC’s (LON:GGP) Gervaise Heddle says the first results from partner Newcrest at gold prospect Havieron have underlined the potential huge scale of the deposit.

Newcrest will soon be running four drill rigs at the site, he says, highlighting just how important the Aussie miner sees its exploration work there.

Latest drill results showed gold of more than 77 g/t over one 52m section at a depth of 1100m, which makes more than 700m of notable gold mineralisation in just that one hole.

That’s remarkable, he says.

Moreover, Newcrest is also exploring for other potential deposits outside of the main zone.

With four rigs going, a lot of drilling can be achieved very quickly, he adds, which will help understand the geology and geophysics that much quicker.

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Price: £0.02

Market: AIM
Market Cap: £62.47 m
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