{"id":104276,"title":"Greatland Gold PLC (AIM:GGP) Havieron Exploration and Development Update","publisher":"Share Talk","author":"sharetalk","published":"2022-12-08T07:34:23+00:00","modified":"2022-12-08T07:34:23+00:00","canonical_url":"https://www.share-talk.com/greatland-gold-plc-aimggp-havieron-exploration-and-development-update-6/","markdown_url":"https://www.share-talk.com/greatland-gold-plc-aimggp-havieron-exploration-and-development-update-6.md","json_url":"https://www.share-talk.com/greatland-gold-plc-aimggp-havieron-exploration-and-development-update-6.json","category":"Mining","categories":["Mining"],"tags":["Artemis Resources","Australia","AVR","Bromus","Cobalt","COPPER","electromagnetic","Ernest","ERNESTGILES","Exploration","Firetower","GGP","Gold","Greatland Gold","GUN","Gunsynd","Havieron","Mining","Newcrest","Nickel","Panorama","Paterson","Pilbara","Scallywag","Share Talk","Shaun Day","URANIUM","Warrentinna"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"**Exploration decline reaches 1,000 metres milestone during November as improved**\n\n**ground conditions return decline back on to the current schedule**\n\n**Mineralised intercepts in the Northern Breccia and the Eastern Breccia**\n\n**confirm and extend existing areas of mineralisation**\n\n** ****Greatland Gold plc (AIM:GGP),** the mining development and exploration company with a focus on precious and base metals, is pleased to provide an exploration and development update at the Havieron gold-copper project in the Paterson region of Western Australia.\n\n**Exploration Activities**\n\n- Growth drilling continues to confirm and expand the extensions to known mineralisation in the Eastern Breccia and the Northern Breccia\n\n- Exploration drilling continues to test regional geophysical targets outside of the main Havieron system on the Havieron mining lease\n\n- Six drill rigs presently on site ahead of scheduled wind down over the summer wet season\n\n**Accelerated decline development**\n\n- The exploration decline reached a significant milestone during the month of November 2022 with 1,000 metres of decline development achieved\n\n- Development advance rates have continually improved providing additional confidence around the forecasted schedule\n\n**Feasibility Study Update**\n\n- Technical work to support the development of the Feasibility Study continued during the quarter. As announced previously, the study remains in progress and will be extended beyond the December 2022 quarter to allow further time to enhancevalue.  This will include the impact of significant additional drilling information and the assessment of optimisation studies\n\nSignificant New Growth Drilling Results (intercepts are reported as downhole width not true width)\n\n**Eastern Breccia**\n\n- HAD098W7\n\n- 26m @ 2.2 g/t Au & 0.17 % Cu from 1,584m\n\n- HAD134\n\n- 82m @ 2.1 g/t Au & 0.25 % Cu from 1,508m\n\n- including 30m @ 2.4 g/t Au & 0.19 % Cu from 1,540m\n\n- HAD163\n\n- 86m @ 1.2 g/t Au & 0.04 % Cu from 1,415m\n\n- HAD167\n\n- 78m @ 1.9 g/t Au & 0.19 % Cu from 1,516m\n\n- HAD152W5\n\n- 27m @ 1.4 g/t Au & 0.06 % Cu from 2,042m\n\n**Northern Breccia**\n\n- HAD098W7\n\n- 84m @ 3.2 g/t Au & 0.14 % Cu from 1,008m\n\n- 78m @ 1.2 g/t Au & 0.28 % Cu from 1,242m\n\n- including 32m @ 2.4 g/t Au & 0.40 % Cu from 1,260m\n\n**Shaun Day, Managing Director** of Greatland Gold plc, commented: ” Havieron achieved a significant milestone with the exploration decline development extending beyond the 1,000 metre mark. The accelerated rate of advancement reflects the improved ground conditions.\n\n“The growth drilling programme at Havieron continues to confirm and expand the high-grade extensions to the known mineralisation in the Eastern Breccia and Northern Breccia zones.\n\n“The last twelve months of impressive growth drilling results supports the expectation for Havieron to deliver an expanded mineral resource estimate.”\n\nIn addition to this release, a PDF version of this report with supplementary information can be found at the Company’s website: [https://greatlandgold.com/investors/regulatory-news/](https://greatlandgold.com/investors/regulatory-news/)\n\nEnquiries:\n\n|   |   |\n| --- | --- |\n| Greatland Gold PLC Shaun Day | [info@greatlandgold.com](mailto:info@greatlandgold.com) [www.greatlandgold.com](http://www.greatlandgold.com/) |\n|   |  |"}