Greatland proceeding with new gold exploration programme in WA

Precious and base metals exploration and development company Greatland Gold announced on Tuesday that it has formally approved, at board level, a new gold exploration programme at the Ernest Giles project in Western Australia.

The AIM-traded firm said that following an extensive review of historic internal and external exploration data, the board has approved the commencement of a programme that will target gold, arsenic and antimony anomalies that were encountered in drilling and soil sampling in the southern parts of the project area.

It said the board has approved a programme of wide-spaced RC drilling in the target areas, and that the Ernest Giles project covers a significant portion of a large greenstone belt that has been subject to little historical exploration.

“We are very pleased to announce a new exploration programme at our 100% owned Ernest Giles project which further demonstrates the board's commitment to a dynamic phase of proactive exploration for the company,” said Greatland executive director Callum Baxter.

He said exploration work conducted by Western Mining Corporation in the late 1990s identified a large gold-arsenic soil anomaly in the southern parts of the project area.

Initial drilling by Greatland nearby, conducted in 2010 and 2012, also revealed large alteration systems and gold mineralisation, Baxter explained.

“The board of Greatland has approved additional RC drilling that will systematically follow up this previous exploration work.

“Further details regarding this drilling programme will be announced to market shortly,” he added.