Greatland Gold plc (LON:GGP), the London Stock Exchange AIM listed precious and base metals exploration and development company.
Is pleased to confirm that a Mining Lease application for the Havieron gold-copper deposit has been lodged with the Western Australian Deparment of Mines, Industry Regulation and Safety (“DMIRS”).
The Mining Lease application covers the 12 block area within the Havieron licence (E45/4701) that is subject to the Farm-in Agreement between Greatland and Newcrest dated 12 March 2019.
Image via @paddygall1
Notes for Editors:
Greatland Gold plc is a London Stock Exchange AIM-listed (AIM:GGP) natural resource exploration and development company with a current focus on precious and base metals. The Company has six main projects; four situated in Western Australia and two in Tasmania.
In March 2019, Greatland signed a Farm-in Agreement with Newcrest Operations Limited, a wholly-owned subsidiary of Newcrest Mining Limited (ASX:NCM), to explore and develop Greatland’s Havieron gold-copper deposit in the Paterson region of Western Australia. Newcrest has the right to earn up to a 70% interest in a 12-block area within E45/4701 that covers the Havieron target by spending up to US$65 million.
Greatland is seeking to identify large mineral deposits in areas that have not been subject to extensive exploration previously. It is widely recognised that the next generation of large deposits will come from such under-explored areas and Greatland is applying advanced exploration techniques to investigate a number of carefully selected targets within its focused licence portfolio.
The Company is also actively investigating a range of new opportunities in precious and strategic metals and will update the market on new opportunities as and when appropriate.