Greatland Gold identifies new mineralisation targets at Ernest Giles project
UK-based exploration and development company Greatland Gold has identified additional targets for gold exploration at its Ernest Giles project in Australia through an extensive ground gravity survey.
More than 360 line kilometres of gravity data across the Empress, Wishbone and greater Meadows area was collected using around 1,800 stations.
This comes after the company recently acquired a detailed airborne survey covering 1,800km², which identified new structural targets suitable for gold mineralisation.
Greatland Gold CEO Gervaise Heddle said: "The data collected from this extensive gravity survey further highlights the potential of the Ernest Giles project to host several, very large, mineralised systems.
"This data, in conjunction with the recently acquired airborne magnetic data, previous soil sampling data and the data from the successful drilling campaign in late-2016, has outlined several additional gold targets in this new gold province where Greatland holds a dominant landholding and we believe this data set will prove to be an excellent tool for guiding future drill campaigns."
The company noted that images generated from the gravity survey are being systematically reviewed in conjunction with the detailed airborne magnetic data.
It intends to take up an initial broad-spaced gravity survey across the new Ernest Giles East licences, in addition to in-fill gravity work on selected high priority targets in the second half of the year.
The Ernest Giles project comprises more than 200km of strike of gold and nickel prospective rocks and is covered by desert sands and sediments.
Last month, the company acquired more than 800km² of additional acreage in the region.