By Samuel Indyk
Investing.com – Greatland Gold Plc (LON:GGPL), the UK-listed mineral exploration company, has today provided an update on its drilling campaign at Havieron in the Paterson region of Western Australia.
The company said latest high-grade drilling results from infill drilling provide additional confidence of both geological and grade continuity within the existing resource shell.
Since their last update, the company said drilling activities were primarily focused on infill drilling of the South East Crescent and Breccia Zone.
“We are pleased to once again observe high grades of gold and copper at extensive widths, with all drill holes intercepting mineralisation,” said Greatland Gold CEO Shaun Day. “The results are outstanding and further highlight the world-class potential of Havieron. Additionally, these results layer onto existing data to further increase our confidence in the continuity of higher-grade mineralisation and support the delivery of an Indicated Mineral Resource estimate.”
Early works underway
The company confirmed that excavation of the box cut commenced on February 8th. Work is continuing to investigate the potential to achieve commercial production at Havieron within three years of the commencement of the box cut and decline.
In an interview with Proactive Investors, Day added the company was targeting getting the portal and the decline established in the June quarter, allowing the company to develop down which will be a “really big milestone” for the company.
Watch the interview with the Greatland Gold CEO below: