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The Perth Mint - Australia’s refiner of choice perthmint.com/refine
Greatland also recently raised $US16 million to pour further into
its own growth prospects.
“One of the challenges of having a world-class asset in Havieron
is maintaining the market’s attention on the option value within our
exploration portfolio,” Day said.
“We’re genuinely excited about that potential and we want to
continue to spend time, energy and effort in trying to unlock that
option value. We have a meaningful programme planned for 2022
in the Paterson and on some of our other exploration assets, and
I think you’ll continue to see us invest more in exploration.
“As Greatland, we feel perhaps the biggest single catalyst for Shaun Day
value we can have is discovering another Havieron, or even a
half Havieron or quarter Havieron. Clearly, the best place to look 0.17% copper at South East Crescent, 72.3m @ 1.4 g/t gold and
for these deposits is where they’ve been found in the past, so 0.07% copper at Northern Breccia and 43.3m @ 2.7 g/t gold and
an exploration campaign in the postcode of Telfer, Havieron 0.06% copper at Eastern Breccia.
and Winu provides for a tremendous opportunity to create Day insisted the company would continue to be brave in its
shareholder value.” planning and look to drill-test the deep targets which ultimately
It was reported that more than 210,000m of drilling has been led to the discovery of Havieron.
completed over 254 holes by the Havieron JV to the end of “One of the great successes of Greatland has been the team
October, with assays for a further 24 holes still pending. Among having the confidence and conviction to drill a deep hole under
the recent results was the best gram-metre intercept recorded cover based upon the evidence of the geological analysis,”
to date – 120.4m @ 10 g/t gold and 0.66% copper from 764.6m,
he said. “I’d like to think Greatland retains that conviction and
representing 1,204 gram-metres. courage to drill undercover when supported by sound analysis.”
Other recent promising results include 44.7m @ 7.1 g/t gold and
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