Greatland Gold PLC (LON:GGP) New Exploration Campaign at Panorama Project

Gervaise Heddle, Chief Executive Officer, commented: “We are very pleased to be moving forward with an exciting new exploration campaign at Panorama.

 

Proactive Investors Stocktube Published on Jun 27, 2019

 
Results from our first field programme established the presence of gold mineralisation across several kilometres of strike and confirmed our belief in the significant potential of the project. The new campaign, commencing today, represents a step up in the scale of exploration previously conducted at Panorama. This dual programme of geochemical and geophysical work will generate a comprehensive dataset to refine key targets for initial drill testing.”

 

 

Greatland Commences New Exploration Campaign at Panorama Project

 

Field reconnaissance and surface geochemical work will further investigate the presence of outcropping gold mineralisation over several kilometres

Detailed, low level airborne survey covering entire project area to commence during Q3 2019

Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, is pleased to announce that it has commenced new field activities at the Company’s 100% owned Panorama project with field reconnaissance and surface geochemical work. Additionally, a detailed, low level aeromagnetic survey covering the entire Panorama project area is scheduled to commence in July 2019.

Greatland’s first field campaign confirmed the presence of outcropping gold mineralisation over several kilometres of strike in the northern part of the Panorama project, and identified two clusters of gold anomalism in the central parts of the project. The Panorama project consists of three adjoining licences, covering approximately 155 square kilometres, located in the Pilbara region of northern Western Australia.

 

Highlights:

  • New exploration programme, including surface geochemical work and field reconnaissance, has commenced at Panorama project.
  • Programme will initially focus on Archean lode style gold mineralisation in the northern parts of the project area where previous broad spaced rock chip sampling has returned results including 66.0g/t gold and 18.45g/t gold.
  • Work will include systematic grid based soil sampling and rock chip sampling along the mineralised zone and is expected to take up to four weeks to complete.
  • Greatland has commissioned a detailed, low level airborne magnetic survey, consisting of approximately 8,000 line kilometres at a line spacing of 50m, to cover the entire project area.
  • Results from the field campaign and airborne magnetic survey will be used to refine key targets for further activities.

Full RNS Link Here

Further information on the Panorama project can be found on the Company web site at www.greatlandgold.com/projects

 


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