EXPLORATION & DEVELOPMENT

Greatland starts IP survey at Black Hills

Maiden drilling campaign expected to start in early June

Staff reporter

This article is 6 years old. Images might not display.

CEO Gervaise Heddle said the IP survey was designed to "test whether the large, chargeability anomaly that was previously identified over 1,000m of strike, and which is spatially coincident with gold mineralisation identified at surface, continues further to the south-east".

Greatland will use data from the survey and ongoing additional field mapping work to refine drill targeting for the area's maiden drilling campaign, which it expects to start in early June. It has outlined a program of more than 20 reverse circulation drill holes to depths of up to 300m for about 6,000m of drilling.

Last year, the first exploration campaign at Black Hills recovered multiple gold samples in thin sand cover within the first few days, establishing the presence of high-grade gold mineralisation at surface at the Saddle Reefs prospect.

Results from additional rock chip sampling over the prospect returned many values over 10g/t gold, peaking at 81.7g/t gold, quadrupling the strike length of surface gold mineralisation from 200m to 800m.

At the current 1.59p (US2.08c) level, Greatland's shares (AIM:GGP) have dropped 10.7% since the start of the year.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

Expert-led Insights reports and Analytics tools built on robust data, rigorous analysis and expert commentary covering mining Risk, Projects, ESG, Leadership, and Investor Sentiment.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Leadership Insights 2025

Leadership Insights reveals key trends in priority mining issues through interviews with 15+ top mining company executives and an industrywide survey.

editions

Mining IQ Risk Analytics

Risk Analytics offers interactive access to World Risk Insight data, allowing you to customise risk views, benchmark jurisdictions, explore data behind scores and read expert commentary to guide your decision-making.

editions

Project Pipeline Index 2025

View our 50 top mining projects, handpicked using a unique, objective selection process from an expanded database of 600+ global assets.