Just a quick summary of Greatland Gold's Havieron discovery from what I can work out.
Last drill hole - 275m @ 4.8g/t Au & .6%Cu. This is a massive intersection! Is starting at medium depth (450m) and finishing quite deep (but open at depth).
Lateral extension of deposit is now critical to prove this isn't just a narrow pipe or sheet of mineralisation. (I'm sure it won't be).
Breccia matrix reported - which is common in massive orebodies e.g. IOCG - Olympic Dam.
In the Paterson province and 40k east of Telfer (20m ozs Au), 100k east of Nifty (2m tonnes Cu), 100k SE of Winu and about 150 k SE of RDM but 'along grain' of the eastern Paterson province.
Rio are doing aeromagnetic geophysical surveys in their nearby eastern JV's. We already have one magnetic target as shown on page 11 of the last quarterly (plus the dome structures as shown on p13. Plenty of drill targets already.
We own these tenements 100%.
Looking forward to more Greatland Gold ( and Rio) news.
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Greatland Gold's Paterson discovery, page-11
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