Greatland Gold starts drilling at Scallywag prospect

The drilling campaign will initially focus on high-priority targets within the Scallywag prospect area including Kraken, Blackbeard and London, the AIM-listed miner said on Wednesday.

Once the initial phase of drilling is complete at Scallywag, the Company expects to drill additional high-priority targets on its Paterson Range East and Black Hills licences including Goliath, Los Diablos and Parlay.

The Paterson region has become one of the most active exploration areas in Australia with recent discoveries by Greatland at the Havieron project, and industry giant Rio Tinto with its Winu copper discovery.

Greatland said this demonstrated the potential of the region and “highlight the lack of historical exploration, particularly over the extensive areas under cover”.

More recent exploration has outlined several other deposits including of gold, copper and tugsten.

“The region is remote, however, infrastructure is good with several operating mines, roads, formed tracks and rail networks nearby which branch out from the regional industrial hub of Port Hedland 500km to the west,” Greatland said.

In March 2019, Greatland entered into a Farm-in Agreement with Australian mining giant Newcrest to explore and develop the gold-copper discovery in the region.