Greatland Gold discovers further surface gold at Black Hills project

Since the firm's announcement on 21 June, when Greatland revealed that it recovered multiple pieces of gold from the surface during the first few days of its maiden exploration campaign, the group's field team continued to collect surface samples at the site.

Greatland's observed prospective rock sequences at several areas with numerous indications of mineralisation in bedrock.

Further gossanous samples had been collected from outcrop and additional primary gold mineralisation was located in bedrock at the Saddle Reefs area where gold was found to be present as coarse pieces in rock samples from the surface.

The AIM-quoted firm also said that extra finds "significantly" added to gold pieces already located, leading the firm to extend its strike length at the project from 150m to approximately 200m after northern and southern points had been obscured by a thin veneer of sand cover.

Gervaise Heddle, chief executive officer, said, "Greatland's first exploration campaign at Black Hills has clearly established the presence of high-grade gold mineralisation at surface across a 200-metre strike length at the Saddle Reefs prospect."

"Given this exciting start, we intend to accelerate our exploration efforts at Black Hills which will initially focus on determining the potential extent of the zone of high-grade gold mineralisation at Saddle Reefs," added Heddle.

As of 0855 BST, Greatland shares had shot up 14.6% to 2.08p.