- Greatland Gold hailed high-grade results from Newcrest's drilling campaign at its Havieron licence in the Paterson region of Western Australia. 'These outstanding results significantly extend the known limits of high-grade mineralisation, particularly to the north. It has become clear that the size of the mineralised footprint now significantly exceeds our initial expectations,' the company said. The drill hole HAD023 intersected high-grade mineralisation of 300 metres north of hole HAD005, the company said. Six drill rigs would remain operational during the Australian summer period (December - March), subject to adverse weather conditions, with a planned two week shutdown over Christmas, the company said. Greatland also said that Newcrest had completed stage 1 of the farm-in agreement and had commenced stage 2. In March 2019, Greatland signed a farm-in agreement with Newcrest Operations, a wholly-owned subsidiary of Newcrest Mining, to explore and develop Greatland's Havieron gold-copper project in Western Australia.

At 9:58am: [LON:GGP] Greatland Gold PLC share price was +0.16p at 1.76p

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