Greatland Gold Says Drilling Continues to Support Resource Expansion at Havieron
July 22 2021 - 4:35AM
Dow Jones News
By Jaime Llinares Taboada
Greatland Gold PLC said Thursday that drilling at its Havieron
gold-copper project in Australia continues to support potential for
resource expansion.
The London-listed mining company said drilling continues to
confirm extensions to the South East Crescent and the Northern
Breccia mineralization.
Chief Executive Shaun Day said the drilling program keeps on
delivering, with every hole continuing to hit significant
mineralization and growing the scale of the project.
Shares at 0754 GMT were down 1.6% at 18.70 pence.
Havieron is being operated by Newcrest Mining Ltd., which has a
joint-venture agreement with Greatland to earn up to a 70% interest
through total exploration expenditure of $65 million over a
six-year period that started in 2019.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
July 22, 2021 04:22 ET (08:22 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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