Greatland Gold Shares Fall on Maiden Study for Havieron Gold Deposit in Australia
October 12 2021 - 4:20AM
Dow Jones News
By Jaime Llinares Taboada
Shares in Greatland Gold PLC fell Tuesday after the company
published a pre-feasibility study for the South-East Crescent zone
of its Havieron gold-copper deposit in Australia.
The area has been estimated an initial probable ore reserve
estimate of 14 million metric tons, containing 1.6 million ounces
of gold and 73,000 tons of copper.
Greatland, which is developing Havieron through a joint venture
with Newcrest Mining Ltd., said the study should be viewed as the
first stage as it only covers a small fraction of the resource.
Shares at 0749 GMT were down 10% at 18.75 pence.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
October 12, 2021 04:05 ET (08:05 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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