Greatland Gold is set to commence a new exploration programme next week at its Black Hills licence in the Paterson region of Western Australia (WA).

The exploration programme comes after the company received drilling approvals from the Australian Department of Mines, Industry Regulation and Safety.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Under the first phase of the programme, the company intends to undertake a 3D induced polarisation (3DIP) survey covering a strike length of 1,200m over a recently-identified high-grade gold mineralised zone at the Saddle Reefs prospect. It will also include areas immediately to the north and south of the zone.

“Exploring Black Hills’ potential will be a relatively low-cost and low-risk endeavour, but one with substantial upside potential.”

The company also noted that a review of historical induced polarisation (IP) data collected at Black Hills has determined that 3DIP geophysics would assist in outlining the orientation and depth potential of gold mineralisation identified at surface.

It expects to complete the 3DIP survey in around two weeks and then process the data for use in the drill programme planning.

Greatland Gold CEO Gervaise Heddle said: “Recent exploration success at Black Hills, including the collection of multiple pieces of gold and gold nuggets at surface, has clearly highlighted the licence’s prospectivity for high-grade, near-surface gold mineralisation.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“The identification of visible gold at surface means that exploring Black Hills’ potential will be a relatively low-cost and low-risk endeavour, but one with substantial upside potential.”

“We are delighted to have Black Hills and Havieron as part of our portfolio of 100% owned projects, and we believe that both of these high priority targets have the potential to deliver significant shareholder value in the long-term.”

The exploration licence covers 25km² and lies adjacent to the company’s Havieron licence.

During the first exploration campaign at Black Hills, Greatland recovered multiple gold nuggets at surface and established the presence of gold mineralisation at surface.