Greatland Gold launches second drilling programme at Western Australian asset

Greatland Gold has kicked off its second drilling programme at its Havieron asset in order to test the extent and direction of a high-grade zone of gold and copper mineralisation uncovered during the firm's maiden drill campaign.

The AIM-listed precious and base metals company launched the programme at its 100%-owned project in the Paterson region of Western Australia on schedule after yielding "excellent results" of high-grade mineralisation with peak grades of 137.69 grams of gold per tonne and 4.11% copper on its last pass through the area.

Greatland said the results demonstrated the potential for Havieron to represent "a very large mineralised system".

The new drilling campaign consists of as many as ten core holes to a depth of 600 metres each and has been designed to further determine the extent and direction of the high-grade zone of mineralisation.

Chief executive Gervaise Heddle, said: "We are excited to be on the ground and pushing forward with our second major drilling campaign at Havieron following the excellent results from the first campaign which established a zone of high grade gold mineralisation peaking at almost 4.5 ounces gold per tonne."

As of 1400 BST, Greatland shares had dipped 1.76% to 1.12p.