StockMarketWire.com - Primorus Investments said it had upped its stake metals exploration company Greatland Gold to around 1.15%.

Primorus said it had acquired 2m Greatland shares, upping its holding to 37m shares, which were purchased at weighted average price of 1.71p each.

'Recently Rio Tinto unveiled the high-anticipated results from its recently discovered Winu Project, also located in the Paterson Province,' executive director Alastair Clayton said.

'These were impressive and indicated broad widths of sustained gold/copper mineralisation that occurs closer to the surface than at Haiveron.'

'Pleasingly, and despite being deeper than at Winu, several drill holes at Haiveron contain large widths of very high-tenor gold and copper mineralisation.'

'We believe the discovery of such high-tenor mineralisation is thus far unique to Haiveron in terms of Paterson Province gold and copper discoveries.'


At 8:06am: [LON:PRIM] Primorus Investments Plc share price was 0p at 0.11p



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