Greatland Gold has provided an update of its drilling campaign at its fully owned Bromus project in Western Australia, with signs of a volcanogenic massive sulphide (VMS) system.
The drilling campaign comprises two drill holes for testing downhole electromagnetic (EM) targets, and has intersected silver, zinc and other elements in line with volcanogenic massive sulphide (VMS) style systems. This has extended the strike to 1.5km, which is likely to extend further based on a preliminary review of data.
Furthermore, results of the drilling campaign indicated low levels of nickel sulphide.
The company now intends to focus on further delineation of the VMS style systems and conduct a review of further targets, including gold mineralisation that was recorded in historic drilling around 1.2km north of the latest drilling campaign.
An additional target that was identified by the downhole EM survey carried out in 2016 has yet to be tested.
Greatland Gold CEO Gervaise Heddle said: “There has been renewed interest in VMS style deposits in Western Australia after the demonstration of their potential at the DeGrussa deposit and historically at the Golden Grove deposit, a gold copper producer in Western Australia.
“VMS style deposits can have significant value with their multiple commodities, particularly if they have associated precious metals. Consequently, we intend the Bromus Project to focus solely on VMS style deposits and look forward to making progress and updating the market in due course.
The Bromus project is located in southern Western Australia, around 25km south-west of the town of Norseman, and covers approximately 93km².
Several significant gold and nickel deposits lie in the region such as those at Central Norseman, Kambalda and Widgiemooltha. Greatland owns 100% of the project.