Greatland Gold finds new gold targets at Ernest Giles project in WA

10 May 2018 (Last Updated May 10th, 2018 12:23)

Exploration and development company Greatland Gold has identified new gold targets after completing a mobile metal ion (MMI) sampling at its Ernest Giles project in central Western Australia (WA).

Exploration and development company Greatland Gold has identified new gold targets after completing a mobile metal ion (MMI) sampling at its Ernest Giles project in central Western Australia (WA).

The company identified a 5km by 1.5km anomaly sitting roughly 1km to the north of a previous drilling site within the Meadows area.

Greatland Gold also reported the discovery of a new gold target at Meadows, which covers an area of about 4km by 1km and is situated 5km north-west of prior drilling.

"Results of our recent MMI campaign were better than expected as we identified new targets and confirmed existing known targets across all areas."

In addition, several clusters of elevated gold responses over a strike of around 9km were identified at Empress.

The company also found apparent gold responses in Wishbone, particularly in the north-western and central-eastern vicinities.

Greatland Gold CEO Gervaise Heddle said: “Results of our recent MMI campaign were better than expected as we identified new targets and confirmed existing known targets across all areas.”

The results of the MMI sampling also confirmed existing targets at the project.

The company now plans to undertake a reverse circulation (RC) drilling programme at the Ernest Giles project, including 24 holes at Meadows and up to six holes at the Wishbone and Empress areas.

Heddle further added: “The next stage is to commence a drilling programme at Ernest Giles, which includes plans for up to thirty drill holes and is scheduled to start before the end of this quarter.”

The drilling campaign at Meadows will test the 5km by 1.5km anomaly, while the drilling at Wishbone and Empress will evaluate the basement geology and physical rock properties.

The Ernest Giles project covers an area of more than 2,000km², which includes more than 230km of strike of gold and nickel prospective rocks.