Exploration and development company Greatland Gold has identified multiple gold targets at Ernest Giles East in Australia.

The development comes after the company completed mobile metal ion (MMI) surface geochemistry and ground gravity surveys.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

As part of the findings, multiple gold anomalies were identified over 60km of strike at the project.

Several clusters of MMI anomalies were found, with some of them showcasing a strike more than 9km-long and up to 3km-wide.

Greatland Gold CEO Gervaise Heddle said: “We believe these results further highlight the potential for the Ernest Giles gold project to be one of most significant gold districts to be identified globally within the last decade.

“These latest findings have significantly improved our understanding of the prospective geology of the Eastern block.

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.
“We believe these results further highlight the potential for the Ernest Giles gold project to be one of most significant gold districts to be identified globally within the last decade.”

“The MMI sampling has identified several clusters of anomalies across multiple adjacent sample traverses, which is extremely encouraging given the traverses were spaced at 3.2km intervals.”

The company noted the sampling work undertaken increases the potential of the Ernest Giles project and reaffirms its belief that it has the potential to host several multi-million ounce deposits.

In May, the company signed an agreement with Newmont Exploration over the Ernest Giles East exploration licences.

Under the agreement, Newmont was granted access to the project tenements and exploration database, in addition to the right of first refusal in case Greatland decides to sell or have a joint venture for the project.

The Ernest Giles East project is spread over nearly 600km² and comprises an 80km long north-south trending sequence of rocks which indicate an extension of the gold prospective Ernest Giles greenstone sequences.

According to the company, to date, no significant exploration was carried out at the project.