StockMarketWire.com - Greatland Gold is preparing to drill two of the nickel sulphide targets identified by downhole electromagnetics at its Bromus project in Western Australia.

Greatland has lodged a programme of work application with the Western Australian Department of Mines and Petroleum to drill two off-hole EM conductors at the project.

Recent downhole EM surveys at Bromus were successful in identifying several highly conductive targets that were not intersected by last year's drilling campaign and which are considered to be high priority nickel sulphide targets.

Greatland said two of these targets were relatively shallow, well constrained by modelling and were located close to drill holes BRD001 and BRD003.

The programme of work application seeks permission for two drill holes, both of which will utilise existing drill pads, thereby significantly reducing overall programme costs.

Chief executive Gervaise Heddle said: "Late last year, an independent report by Southern Geoscience Consultants Pty Ltd highlighted several highly conductive targets that were identified by DHEM modelling at Greatland's Bromus project in Western Australia.

"Two of the targets identified by the modelling are considered particularly appealing because they are well defined, relatively shallow (approximately 100 metres below the surface) and can be drilled using existing drill pads.

"By utilising existing drill pads, we expect to complete this drilling programme for a relatively low cost, in line with our corporate philosophy of maximising risk-adjusted return on shareholders' capital.

"Approvals are expected within the next four weeks and we expect drilling to commence in late March."




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