Proactive Investors - Greatland Gold PLC (LON:GGPL) said surface sampling across its Panorama East, Panorama and Panorama North tenure has confirmed it is prospective for nickel.
Results including 27 soil samples from the Ni_04 prospect returned above 0.1% nickel over a 1.4km strike extent with a best result of 0.3% nickel in a rock chip sample.
Greatland added the results sit within the Dalton Suite ultramafics, which is confirmed as nickel enriched and a potential primary nickel sulphide host.
The sampling was a follow-up programme to an airborne electromagnetic survey with several untested and potentially highly prospective conductors yet to be tested.
Panorama comprises three tenements some 200km southeast of Port Hedland in Western Australia’s Pilbara region.
Shaun Day, Greatland’s managing director, commented: “The large extent of the prospective Dalton Suite ultramafics within our tenure, and the existence of coincident untested conductors, gives us confidence in the potential for a substantial nickel discovery at Panorama.”
Next steps will be to test both the geochemical and geophysical anomalies on the tenure, Day added.