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Greatland extends mineralisation at Ernest Giles

Greatland Gold (AIM:GGP) has extended the zones of gold mineralisation at the Meadows area of its 100%-owned Ernest Giles project in Western Australia.
Greatland extends mineralisation at Ernest Giles Greatland extends mineralisation at Ernest Giles Greatland extends mineralisation at Ernest Giles Greatland extends mineralisation at Ernest Giles Greatland extends mineralisation at Ernest Giles

Drilling at Ernest Giles has extended gold mineralisation

Staff reporter

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).