EXPLORATION & DEVELOPMENT

Greatland extends mineralisation at Ernest Giles

Drilling results confirm those from previous campaigns

Staff reporter
Drilling at Ernest Giles has extended gold mineralisation

Drilling at Ernest Giles has extended gold mineralisation

A June-August reverse circulation drilling campaign extended two large zones, the Western and Eastern zones, of gold mineralisation.

The Western zone was extended to a strike length of about 6.2km and remains open to the north, while the Eastern zone was extended to a strike length of about 2.5km.

Greatland drilled 25 RC holes at Meadows for a total of 6,710m of drilling, with 12 of the holes returning anomalous gold and the highest individual result of 4m at 0.2g/t gold from 232m.

The company said the results had confirmed and reinforced those from previous drill campaigns at Meadows, with many holes displaying obvious signs of mineralisation, including disseminated sulphides, quartz veining, and alteration including chlorite and epidote. 

The news did nothing for Greatland's shares, which had fallen 5.88% Thursday afternoon to 1.11p (US1.46c).

 

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.