Further to the announcement of 13 January 2021, Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, is pleased to announce that early works activities have commenced at the Havieron Project in Western Australia.
Gervaise Heddle, Chief Executive Officer of Greatland Gold plc, commented: “The commencement of early works activities at Havieron marks a major milestone for the project and for the Company. Earth moving activities to prepare for the construction of the box cut and decline have begun and we will continue to update shareholders as work progresses. In addition, we look forward to advancing the 2021 growth drilling programme at Havieron, where mineralisation remains open in multiple directions outside of the initial Inferred Mineral Resource estimate. ”
The Havieron Project is operated by Newcrest under a Joint Venture Agreement with Greatland. The commencement of early works by Newcrest, as Manager of the Joint Venture, follows receipt of the necessary regulatory approvals to commence these construction activities (as announced on 29 December 2020).
Work is ongoing to finalise the Water Management Plan for the early works programme and to progress further approvals and permits which will be required to commence development of any operating underground mine and associated infrastructure at the Havieron Project. In addition, the development of any underground mine at the Havieron Project will also be subject to further studies, Board approvals and a positive decision to mine.
If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates.
Terms of Website Use
All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned