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(GGP) Greatland Gold Share Chat

Discussion in 'General Share Chat (GGP)' started by Makaira88, Apr 3, 2016.

  1. BigP

    BigP Keeping the Faith

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  2. BigP

    BigP Keeping the Faith

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  3. BigP

    BigP Keeping the Faith

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    Dawn of a new gold operation
    April 14, 2021Features Nickolas Zakharia
    [​IMG]

    The mine camp at the Havieron joint venture in Western Australia.

    Greatland Gold has appointed Shaun Day as its chief executive officer at a time when the company is looking to push the Havieron joint venture towards production. Nickolas Zakharia writes.

    The Havieron joint venture (JV) between Greatland Gold and Newcrest Mining is a gold-copper resource that potentially represents the next generation of Western Australian mines.

    In 2019, Havieron owner Greatland signed a US$65 million ($82 million) farm-in agreement with Newcrest to develop and explore its prospects, setting the stage to create another flagship operation in the country.

    Australian gold mining has enjoyed buoyant activity in recent years as M&A (mergers and acquisition) deals increased and prices soared to record levels.

    This culminated with last year’s $16 billion merger between Northern Star Resources and Saracen Mineral Holdings, which consolidated the Kalgoorlie Super Pit in Western Australia under single Australian ownership for the first time.

    An integral part of Northern Star’s expansion was former chief financial officer Shaun Day, who oversaw the company’s market cap rise from $700 million to $8 billion.

    Day says his time at Northern Star serves as a tremendous platform for his role as chief executive officer at Greatland.

    “I was really grateful for the opportunity and being part of the team that created this substantial miner here in Australia,” Day tells Australian Mining.

    “It gives me a lot of large-scale mining operation experience, which is a continuation of the role at Sakari (Resources) before that.

    “Developing multi-billion companies from small miners into large mining houses is my background.”

    Listed on the London Stock Exchange, Greatland’s market cap was sitting at around £890 million ($1.6 billion) in mid March.

    The company is exploring gold tenements across Western Australia and Tasmania, with Havieron being the centrepiece for its growth ambitions.

    Day’s vision as Greatland CEO will largely focus on advancing Havieron into production.

    He also paid tribute to former CEO Gervaise Heddle, who he says put the company’s portfolio in a strong position.

    “The cornerstone of that vision is very much delivering Havieron,” Day says. “We are well placed to do that but to have a world-class asset in the portfolio is naturally a fantastic opportunity.

    “Augmenting that with additional growth opportunities. We want to be financially disciplined, but again the vision is to create a multi-mine, multi-billion-dollar organisation.”

    Spearheading Havieron

    Newcrest CEO Sandeep Biswas, speaking in a 2021 half-year earnings call, has reinforced the leading Australian gold miner’s plans for Havieron in the coming years.

    “Our goal remains to realise commercial production from Havieron within the next three years,” Biswas says.

    “Our pre-feasibility study for the project is well underway and we expect to release these findings later this calendar year.”

    Newcrest and Greatland are also working together to find “the next Havieron” in the Paterson Province

    For Day, Newcrest’s support has been valuable to Greatland’s growth prospects.

    “Newcrest has been a natural fit for Havieron. Some 45 kilometres to the west is their Telfer gold mine,” he says. “We’re able to leverage that existing infrastructure, including the processing facility.”

    The Telfer gold-copper mine features the main dome and west dome open pits and underground mines.

    Its processing facility produces gold and copper using a dual train, comminution circuit plus floatation and cyanide circuits.

    Havieron and Telfer are set to be closely linked, with Day saying the latter’s facilities will be used under the Havieron JV.

    “From a Newcrest point of view, (Havieron) is a brownfield development. We can use that existing Telfer base for logistics flights. It is a reasonably remote location that actually has a fantastic infrastructure footprint,” Day says.

    “Having Newcrest involved is tremendous – they have a 65,000-metre drill campaign for the next six months for Havieron. The scale that they’re bringing to this is powerful and they’re a great partner.”

    [​IMG]
    Box cut works at the Havieron project.
    Golden opportunity

    The JV’s activities in the Paterson Province will be a key contributor of an Australian focus on gold exploration, which looks here to stay following record prices in 2020.

    EY M&A partner Paul Murphy says market volatility that drives up gold prices is likely to impact the precious metal.

    “The gold price is driven by uncertainty and volatility in the financial systems, which helped drive the gold price to record levels in 2020. Think COVID, US elections and recessions,” Murphy tells Australian Mining.

    “The strong fundamentals for the gold sector in 2020, record prices driven by global economic uncertainty, strong balance sheets and major M&A deals are still present in 2021 and likely to drive increased focus on exploration and development companies as the larger players engage in reserves replacement either by their own exploration or by tapping juniors and explorers.”

    Murphy says uncertainty in international vaccine rollouts and United States politics stability may cater to high gold prices in 2021 as last year’s key drivers subside.

    “However, the advent of inflation and Chinese trade tensions are some factors that could destabilise the reversion to growth and spark a stampede back into gold and drive price growth,” Murphy says.

    Day believes Havieron’s assets of gold and copper will continue to be a safe metal for many investors.

    “I think gold continues to be a sound investment in a global market which continues to see quantitative easing, which continues low interest,” he says. “Both of these are seen to be supportive of the gold price.”

    For Day, copper is also an increasingly attractive commodity that Havieron is set to produce.

    If Havieron enters production in the next three years, it will do so at a time when copper demand is expected to surge from new technologies such as electronic vehicles (EVs).

    “One of the important aspects (of Havieron) is copper-gold. Copper is at a nine-year high and it obviously plays strong into that EV story,” Day says.

    “For me, part of the charm of Havieron is not just its gold, but its combination of copper and gold exposure. It’s a lovely combination of commodity exposure to the company and its shareholders.”

    Future signs

    With further drilling being conducted at Havieron and a pre-feasibility study on the way, Greatland and Newcrest will be conducting box cut works at the mine.

    [​IMG]
    Greatland Gold CEO Shaun Day.
    “We have commenced work on the box cut, which is the precursor to the commencement of the decline drive,” Day says. “We’re excited that’s underway. Part of the journey to get down to the orebody, the narrative, is that it’s going to take around three years to reach first ore from commencing that decline.”

    With a number of exploration projects in the Paterson Province, Greatland is also well placed to develop its portfolio in the region outside of Havieron.

    “Havieron is world class and creates this flagship asset for us – that’s sitting in the Paterson range,” he says. “We have other exploration opportunities within that Paterson Range – it’s elephant country. There’s Telfer, Havieron and now Rio Tinto’s Winu discovery within the Paterson as well.”

    As a promising side project, Greatland is commencing its Juri JV with Newcrest to advance its exploration in the region in an attempt to tap into the highly prospective area.

    “The best place to look for minerals is where minerals have been found. We strategically kept some ground in Paterson 100 per cent owned by Greatland and recently added to that footprint, which creates more high-quality targets for us,” Day says.

    This story also appeared in the April issue of Australian Mining.
     
  4. Groucho

    Groucho Member

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    19 April 2021

    Greatland Gold plc
    ("Greatland" or "the Company")


    Scallywag Drill Results


    Results provide further evidence of the potential for intrusion-related mineralised systems at Scallywag, confirming the area's prospectivity and meriting further exploration


    Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, announces the results of the remaining four drill holes from the 2020 drilling campaign at its 100% owned Scallywag licence. The Company has identified multiple new targets to conduct further drill testing. Greatland's 2021 drilling in the Paterson is expected to commence in the coming weeks.

    The Scallywag drill programme reported here is the first stage of an extended drilling programme across Greatland's 100% licences and the Juri Joint Venture. During 2020 a total of seven drill holes were completed for 3,761m testing targets at the Kraken, London and Blackbeard prospects. Assay results have now been received for the remaining four holes (LOD002, LOD003, KRD002 and KRD003) in addition to the results of the first three holes released on 20 January 2021.


    Highlights of 2020 Drill Results

    § Drill results provide further evidence of pathfinder element anomalism potentially distal to intrusion-related mineralised systems, and potentially along strike of the current drilling

    § At the Kraken target, assay and logging confirm the intersection of prospective target lithologies and pathfinder element anomalisms including silver, copper, bismuth and lead


    New Targets Identified

    § Ongoing geological interpretation, assisted by drill information and regional aeromagnetics, has identified multiple new targets within the Scallywag licence

    § New targets include "Architeuthis", a 600m long magnetic anomaly located 1km north of Kraken and 9km north-west along strike of Havieron, and which may represent primary mineralisation along the Scallywag Synform


    High Grade Anomaly

    § At the London target, initial sample results reported very high-grade intercepts of silver, copper and tungsten results (872ppm Ag, 1137ppm Cu and >2000ppm W) in the interval 349.0 - 350.0m in LOD003

    § These results were suspected to be contamination. Accordingly, prior to public release, check resampling and analysis was undertaken of washed 1/4 core and the results confirmed (Appendix II, "Check" sample phase results). Notwithstanding the confirmation, it remains probable that the interval may be caused by contamination and not representative of the rock mass. The Company intends to confirm whether this may be the result of downhole contamination with follow up drilling scheduled for the upcoming drill programme


    Next Steps

    § A staged exploration programme is set to methodically drill test a series of targets based on modern geological, gravity, magnetic and recently collected airborne EM datasets

    § Targets within the 100% Scallywag licence include the Swan, Teach and Architeuthis. Targets within the Juri JV include the existing Goliath, Outamind, Los Diablos and Parlay, plus newly defined AEM targets within the Black Hills area, and Tama, N5 and A9 in the Paterson Range East area

    § Drilling is expected to be ongoing throughout the 2021 and 2022 field seasons


    Shaun Day, Chief Executive Officer of Greatland Gold plc, commented:

    "We may only be in the first stages of an extensive drilling programme, yet these results provide further evidence that the Scallywag licence is prospective for intrusion-related mineralised systems. In particular, it is very pleasing that initial targets have once more intersected pathfinder elements associated with systems seen nearby at Havieron and Telfer, and regionally at Winu.

    "Greatland has established a proven approach to exploration that brought it much success at Havieron: drill selective targets, analyse the information and refine targets to unlock value from our projects. With these encouraging initial drill results, we now have a significantly enhanced understanding of Scallywag's geology and have been able to identify multiple compelling targets that merit follow-up drilling in the coming weeks and months, particularly Swan, Teach and Architeuthis. These will form an important part of the comprehensive exploration campaign we are conducting across our 100% licences and our Juri Joint Venture."


    In addition to this release, a PDF version of this report with supplementary information can be found at the Company's website: www.greatlandgold.com/media/jorc/


    Further Information on Drilling Results from Scallywag

    The Company completed a total of seven holes for 3,761m at Scallywag during the 2020 field season, testing targets at the Kraken, London and Blackbeard prospects. Exploration work at Scallywag is focussed on the discovery of intrusion related gold-copper deposits such as Havieron, Telfer and Winu.

    The 2020 Scallywag drill programme was designed to test a series of Induced Polarisation ('IP'), magnetic altered or demagnetised geophysical targets located around the closure and limbs of the Scallywag Syncline, a tight fold structure located to the west of the Havieron discovery. The Syncline folds a package of Puntapunta Formation calcareous sediments and overlying Wilki Formation siliciclastic sediments, with a prominent magnetic anomaly marking the contact between the two units. The Puntapunta Formation sediments host the Havieron Au-Cu system on the east limb of the Scallywag Syncline, some 8.5km east south east of the fold nose or closure of the Syncline.

    Three targets have been tested by seven drill holes, of which results for the last four drill holes are reported today: KRD002 and KRD003 on the Kraken prospect, and LOD002 and LOD003 around the London prospect, for 1,842m of drilling. Results for the first three drill holes (BLD001, KRD001 and LOD001) were reported in January 2021 ("Initial Scallywag Drill Results and New Targets Identified", dated 20/1/2021).


    Kraken

    The Kraken target comprises a combined magnetic and IP anomaly located near the nose of the Scallywag Syncline.

    Designed to test the Kraken magnetic anomaly hole, KRD002 was drilled to a total depth of 504.5m, intersecting Wilki Formation quartz rich sediments overlying Puntapunta Formation calcareous sediments beneath the base of Permian at 256.8m downhole (all depths are reported as downhole depths). The magnetic anomaly is sourced in the basal Wilki and upper Puntapunta calcareous rocks. No significant gold or copper intersections are reported, although anomalous pathfinder elements (including silver, bismuth, copper and lead) are reported locally. Anomalous results are listed in Appendix I. The maximum gold assay of 0.112ppm Au over 0.5m from 249m is hosted in the Permian cover.

    Holes KRD003 was drilled to a total depth of 468.8m, testing the nose of the Scallywag Syncline, and intersected basement Puntapunta Formation calcareous sediments including magnetic units, beneath the base of Permian at 231.3m. Anomalous results are listed in Appendix I.


    London

    The London target comprises an IP anomaly located on the edge of an interpreted granite body (gravity low) intruding along the magnetic east limb of the Scallywag Syncline and displaying potential demagnetisation or apparent truncation of the magnetic Wilki Formation sedimentary unit. The IP anomaly could represent skarn type mineralisation on or near the edge of the interpreted granite body.

    LOD002 was drilled to a total depth of 414.9m and intersected basement Wilki Formation quartz rich siliciclastic sediments below 307.1m of Permian cover. No anomalous results were reported.

    LOD003 was drilled in the core of the Scallywag Syncline, testing an IP target near the interpreted axial plane of the Syncline. The drill hole intersected Wilki Formation sediments below base of Permian at 284.7m. Initial sample results reported very high silver, copper and tungsten results (872ppm Ag, 1137ppm Cu and >2000ppm W, as listed in Appendix II, "Initial" sample phase results) in the interval 349.0- 350.0m, hosted in quartzite but including a 10cm interval of clay, apparently located at the end of a drill run.

    There is a risk that this high-grade intercept is downhole contamination. Accordingly, prior to public release, check re-sampling and analysis was undertaken of washed 1/4 core. This re-sampling confirmed the very high silver, copper and tungsten results (Appendix II, "Check" sample phase results), but with the high-grade sample now restricted to the interval of clay postulated to be at the end of the drill run. It is probable that this material iscontamination. The silver-copper-tungsten metal association can be typical of drilling tools with tungsten carbide teeth and silver solder sourced from a broken drill bit introduced into the drill hole. Therefore, the interval may not be representative of the rock mass. The Company intends to confirm whether this is actual mineralisation, or a result of downhole contamination, with a follow-up drill hole during the 2021 field season.


    Summary of Drilling Results and Conclusions

    The assay results from the four holes presented above are consistent with the first three drill holes, intersecting prospective lithologies (Puntapunta Formation) and pathfinder element (silver, copper and bismuth) anomalism, potentially the distal signature of intrusion related mineralised systems. Follow-up drilling is recommended to test for further development of brecciated and mineralised lithologies, in particular along strike at the "Teach" target, and at the newly defined "Architeuthis" magnetic target, described below.

    These results and targets will be further assessed and ranked against the multiple targets within the Company's 100% owned ground and Farm-in/JV areas. Drilling of the Company's many existing targets, including targets identified in the 2020 airborne EM survey, is planned to commence in the coming weeks.


    New Magnetic Target "Architeuthis" and Future Drilling Plans

    Ongoing geological interpretation, assisted by drill information and regional aeromagnetics, has identified a new target within the Scallywag licence named "Architeuthis". Located in the hinge of the Scallywag Syncline, Architeuthis comprises an elongate, probably tabular north east trending and west south west dipping magnetic anomaly, around 600m long, hosted in Puntapunta Formation rocks. The anomaly is in a similar stratigraphic position to Havieron but located around 9km to the north west along strike. The magnetic anomaly has a footprint of around 600m x 150m. Architeuthis may represent primary mineralisation along the Scallywag Synform providing the possible distal mineralisation and pathfinder element response as seen in the 2020 Scallywag drilling.

    Additional drill hole information is presented in Appendices I, II, III and IV. Drill hole collar locations are shown in Figure 1.

    The Scallywag drill programme comprises the first stage of an extended drilling programme across Greatland's 100% Scallywag licence and the Juri Joint Venture (Greatland 75%; Newcrest 25% with the right to earn 75%). Greatland's future work comprises a staged exploration programme designed to methodically drill test a series of targets based on modern geological, gravity, magnetic and recently collected airborne EM datasets. Targets within the 100% Scallywag licence include the Swan, Teach and Architeuthis targets. Targets within the Juri JV include the existing Goliath, Outamind, Los Diablos and Parlay, plus newly defined AEM targets within the Black Hills area, and Tama, N5 and A9 in the Paterson Range East area. Drilling is expected to be ongoing through the 2021 and 2022 field seasons.

    A regional map showing the Havieron licence area with regional targets and adjacent landholdings can be found at: www.greatlandgold.com/paterson
     
  5. BigP

    BigP Keeping the Faith

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    MiningGold & silver

    Katie Pilbeam

    10:17 Mon 19 Apr 2021


    https://www.proactiveinvestors.co.u...in-right-geological-stratigraphy--946937.html


    Greatland Gold latest results from Scallywag licence reveal 'we're in right geological stratigraphy'


    Greatland Gold PLC's (LON:GGP) Shaun Day talks to Proactive London' Katie Pilbeam about the announcement of the results of its final four drill holes from the 2020 drilling campaign at its 100%-owned Scallywag licence.

    Day explains that the firm has identified multiple new targets to conduct further drill testing. Ongoing geological interpretation, assisted by drill information and regional aeromagnetics, identified multiple new targets within the Scallywag licence.
     
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  6. BigP

    BigP Keeping the Faith

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    Greatland Gold plc

    ("Greatland" or "the Company")


    Greatland commences drilling campaign under Juri JV with Newcrest


    Drill programme underway with focus on high-priority targets within the Paterson Range East licence including Goliath, Los Diablos and Outamind


    Further to the announcement of 23 February 2021 Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, is pleased to announce the commencement of drilling under the Juri Joint Venture ("Juri JV") with partner Newcrest Mining Limited ("Newcrest"). The Juri JV is in the highly prospective Paterson province of Western Australia and these activities mark the start of the work programme.


    Highlights of Exploration Activities for the Juri JV

    · Drilling of high-priority targets has commenced across the Paterson Range East licence, starting at Goliath.

    · Drill camp and infrastructure have been established with field activities underway.

    · Ground electromagnetic ("EM") surveys to be conducted in the coming weeks to better define priority drill targets.

    · All heritage clearances and government approvals received ahead of commencing drilling campaign.

    The Paterson Range East licence lies approximately 25 kilometres north of the Company's Havieron gold-copper project and covers 224 square kilometres of Proterozoic basement rocks prospective for Havieron style gold-copper mineralisation.


    Under the Farm-In announced on 30 November 2020, Newcrest has the right to earn up to a 75% interest in the licences covering the Juri JV by spending up to A$20m as part of a two stage Farm-In over five years. Greatland is currently the manager of the Juri JV.


    Shaun Day, Chief Executive Officer of Greatland Gold plc, commented:


    "It is very pleasing to announce the commencement of our maiden drilling campaign under our second joint venture with Newcrest in the Paterson region.


    Six months ago, we entered the Juri JV to accelerate Greatland's exploration activity and maximise the value of the Paterson Range East and Black Hills licences. The start of this programme is an important step towards achieving that goal.


    Our geology team has identified a set of high-priority targets to be drilled across this programme that display many similar geophysical characteristics to the Havieron gold-copper deposit. With the drill rig now on site, and all necessary camp infrastructure safely established, drilling has commenced at a large 'bulls-eye' magnetic anomaly known as Goliath.


    The Juri JV campaign forms part of Greatland's multifaceted exploration strategy for 2021 in the highly prospective Paterson region. This work complements the substantial progress at Havieron, where an ongoing 65,000 metre growth drilling programme is presently underway, together with exploration activities at our 100% licences across the region."


    Further information on the Juri JV


    The Juri JV comprises the Paterson Range East and Black Hills licences covering an area of approximately 249 square kilometres in the Paterson region of north-western Australia. The Farm-In commenced on 29 November 2020. Newcrest has the right to earn up to a 75% interest in the licences by spending up to A$20m as part of a two-stage Farm-In over five years. Stage 1 minimum commitment by Newcrest is A$3m within 24 months of commencement, and Stage 2 contemplates an additional A$17m over a further three years (total A$20m over five years). Newcrest currently hold a 25% interest in the JV.


    Greatland is the manager of the Juri JV. Newcrest has the right, but not the obligation, to be appointed manager from 1 January 2022.


    Exploration work at the Juri JV licences is focussed on the discovery of intrusion related gold-copper deposits similar to Havieron, Telfer and Winu.


    The 2021 Work Programme for the Juri JV will include the following activities as agreed by the Juri JV partners:

    · Drill testing of several high-priority targets across the Paterson Range East licence, including Goliath, Outamind and Los Diablos.

    · Drill testing of the Parlay target, a discrete magnetic anomaly with coincident gravity response in the south-west of the Black Hills licence.

    · Ground EM surveys to better define and prioritise multiple additional targets throughout Paterson Range East and Black Hills licences.

    All heritage clearances and government approvals have been received for the current field activities.


    Additional information on the Juri JV can be found on the Company's website at https://greatlandgold.com/juri-jv/
     
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  7. BigP

    BigP Keeping the Faith

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    22 April 2021


    THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.



    Greatland Gold plc
    ("Greatland" or "the Company")


    Result of General Meeting


    Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, is pleased to announce that at its General Meeting ("GM"), held earlier today, all resolutions were passed.


    Details of the proxy voting results, which should be read alongside the Notice of GM are shown below:


    Resolution

    Votes for *

    Votes against

    Votes withheld

    Total proxy votes


    No. of votes

    % of votes cast **

    No. of votes

    % of votes cast **

    No. of votes


    1

    697,958,300

    98.00%

    14,236,957

    2.00%

    1,354,784

    713,550,041

    2

    699,016,002

    98.15%

    13,183,255

    1.85%

    1,350,784

    713,550,041


    * Includes discretionary votes
    ** Excludes withheld votes
     
  8. BigP

    BigP Keeping the Faith

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    Sandeep talks about Havieron from 36 mins onwards - worth listening to it all if you have the time ;)

    Melbourne Mining Club keynote address - Investing in a sustainable future


    Newcrest's Managing Director and CEO, Sandeep Biswas, delivered the keynote address at the Melbourne Mining Club luncheon on Thursday, 22 April 2021.

    The address explored the acceleration and importance of sustainability and ESG, innovation and digital transformation, cryptocurrencies and the benefits of diversity and inclusion.

    To view a video replay of the address, click here

    To view the script, click here


     
  9. BigP

    BigP Keeping the Faith

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  10. BigP

    BigP Keeping the Faith

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  11. Groucho

    Groucho Member

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  12. BigP

    BigP Keeping the Faith

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  13. Groucho

    Groucho Member

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    28 April 2021

    Greatland Gold plc
    ("Greatland" or "the Company")


    New Corporate Presentation


    Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, is pleased to announce the release of a new Corporate Presentation ahead of upcoming investor meetings. The presentation is available for download from its Company website and can be found by clicking here.
     
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  14. BigP

    BigP Keeping the Faith

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    29 April 2021
    THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

    Greatland Gold plc
    ("Greatland" or "the Company")


    Excellent Growth Drilling Results at Havieron


    Latest results further highlight the potential for extensions to the Initial Resource


    Early Works advancing with box cut and surface works nearing completion


    Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, is pleased to provide an update on the drilling campaign at the Havieron deposit in the Paterson region of Western Australia. The Company notes the release of an ASX announcement titled "Quarterly Exploration Report" by Newcrest Mining Ltd ("Newcrest") earlier today.


    Drilling activities since the last report include new results from the Growth Drilling programme, which continue to support the potential for resource expansion of the Havieron system. Infill drilling from within the Inferred Mineral Resource Boundary (at a nominal 50m by 50m spacing) is designed to support the delivery of an Indicated Mineral Resource estimate in the South East Crescent Zone and adjacent Breccia Zone. It should be noted that the results for infill drilling were received in the March 2021 quarter, and reported in the Greatland release "Further Outstanding Infill Drilling Results at Havieron", dated 11 March 2021.


    Assay results for four new drill holes from the Growth Drilling programme (not previously reported) have been received and are reported here today, with all holes intersecting significant mineralisation.


    Results from the 26 holes from the infill drilling programme reported in the last update ("Further Outstanding Infill Drilling Results at Havieron", dated 11 March 2021) are included below.


    Highlights


    § Excellent Results from Growth Drilling:

    o Results from Growth Drilling continue to support the potential for resource expansion of the Havieron gold-copper mineralised system, particularly within and around the Northern Breccia, and below the Inferred Mineral Resource estimate in the South East Crescent Zone and adjacent Breccia Zones.

    § Excellent Results from Infill Drilling (previously reported 11 March 2021):

    o The high-grade infill drilling results provide additional confidence of both geological and grade continuity within the existing resource shell.

    o This supports the delivery of an Indicated Mineral Resource estimate in the South East Crescent Zone and adjacent Breccia Zones.

    § 2021 Growth Drilling Programme: The 2021 Growth Drilling programme is ongoing, with priorities established:

    o North West Crescent and Northern Breccia: The Growth Drilling programme will initially focus on the North West Crescent and Northern Breccia zone and is aimed at providing support for the potential expansion of the existing Inferred Mineral Resource.

    o Eastern Breccia: Drill testing and interpretation of the geological and mineralisation controls of the Eastern Breccia Zone is ongoing.

    o South East Crescent and Breccia: Targeting potential resource definition of extensions below the existing resource shell and lateral extensions adjacent to the existing high-grade resource shell.

    o New Targets: New targets outside of the immediate vicinity of the Havieron deposit, but within the Havieron Joint Venture area, have been identified with the potential to conduct drill testing of these targets in the future.

    § Early Works Underway: As announced on 21 January 2021, earthmoving activities for construction of the box cut and decline have commenced.

    o Excavation of the box cut commenced on 8 February 2021. Box Cut is 90% complete and surface works are 85% complete.

    o Portal establishment is expected in the coming weeks.

    o Newcrest is progressing the necessary approvals and permits required to commence the development of an operating underground mine.

    o Workcontinues to investigate the potential to achieve commercial production at Havieron within three years of the commencement of the decline.


    Best New Results ("Growth Drilling" - not previously reported)



    Northern Breccia1

    § HAD083BW4

    o 156.6m @ 1.1g/t Au & 0.22% Cu from 805.8m, including

    o 27.4m @ 2.6g/t Au & 0.49% Cu from 923.5m

    § HAD090

    o 119.0m @ 1.0g/t Au & 0.11% Cu from 954.7m, including

    o 13.0m @ 4.1g/t Au & 0.67% Cu from 1042.2m

    § HAD106W1

    o 73.9m @ 1.5g/t Au & 0.13% Cu from 673.1m


    South East Crescent and Breccia1

    § HAD086

    o 72.0m @ 2.2g/t Au & 0.02% Cu from 1281m.


    1. All widths reported here and below are downhole widths, generally greater than true widths.


    Shaun Day, Chief Executive Officer of Greatland Gold plc, commented: "We are very pleased with another set of excellent results which continue to highlight the world-class potential of Havieron. The latest results from the Infill and Growth Drilling campaigns further support the delivery of an Indicated Mineral Resource as well as the potential expansion of the Havieron gold-copper mineralised system.


    "Alongside this, the joint venture continues to advance earthmoving activities with the box cut and surface works nearing completion and the portal and decline progressing to plan. With the 2021 65,000m drilling campaign well underway and the early works programme progressing at pace, we look forward to updating the market on the continuing progress at Havieron."
     
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    4 May 2021


    Greatland Gold plc
    ("Greatland" or "the Company")


    Appointment of Broker and Financial Adviser


    Greatland Gold plc (LON:GGP), the London Stock Exchange AIM listed precious and base metals exploration and development business is pleased to announce the appointment of Canaccord Genuity to provide corporate broking services to the Company with immediate effect. Canaccord Genuity will work alongside the Company's existing Corporate Brokers - Berenberg, Hannam & Partners and SI Capital.


    Shaun Day Chief Executive Officer of Greatland Gold plc, commented: "We are very pleased to announce the appointment of Canaccord Genuity as Corporate Broker and Financial Adviser to the Company. We look forward to working with Canaccord, developing relationships with their clients and attracting new institutional shareholders to Greatland."
     
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