Larry_the_Lock
11 Apr 2018
Re: RNS Courtesy of Groucho on Blueshare; 11 April 2018 Greatland Gold plc ("Greatland" or "the Company"
Firetower Project - New Exploration Programme Greatland to advance Firetower project towards exploration target of one million ounces of gold Greatland Gold plc (LON:GGP), the precious and base metals exploration and development Company, is pleased to announce a new exploration programme at its 100% owned Firetower gold project in Tasmania, Australia. A technical review of the Firetower project has highlighted the potential for Induced Polarisation ("IP" geophysics to assist in outlining the trend of gold mineralisation in areas untested by previous drilling. To this end, the Company has received all required approvals for a 3D Induced Polarisation ("3DIP" survey and fieldwork is expected to commence within the next week. Highlights of New Exploration Programme · New exploration programme includes plans for a 3DIP survey covering a strike length of 1.6km over the immediate gold mineralised zone at Firetower, and will also cover high priority target areas to the immediate west and east; · Survey data will be processed with modern inversion techniques to provide accurate 3D chargeability and resistivity models, and the results will be used to plan a follow up drilling campaign currently scheduled for Q4 2018; · If the current exploration campaign is successful, then this exploration model may be extended across the entire prospective sequence at Firetower which currently has been identified over approximately 4 kilometres of strike. Results from the survey will be used to plan a follow-up drilling campaign currently scheduled for Q4 2018, but may be brought forward if ground conditions are suitable. Gervaise Heddle, Chief Executive Officer, commented: "This is one of three drilling and exploration campaigns announced by Greatland Gold in 2018, as we continue to deliver on our commitment to advance exploration at our portfolio of projects. The new exploration programme at Firetower aims to unlock the true potential of this high grade near surface deposit, which has the potential to extend across four kilometres of strike, and to advance the project towards its exploration target of one million ounces of gold." Firetower Project, Tasmania The Firetower project is located in central north Tasmania, Australia, and covers an area of 62 square kilometres. The 100% owned project includes the two main prospects of Firetower and Firetower West, and the strike extensions of prospective stratigraphy. The Firetower prospect has significant gold mineralisation from surface up to 30g/t while the mineralised system at Firetower West shows copper to 1.34% and silver to 2.6g/t. Both prospects remain open along strike and at depth. The Firetower project area covers the eastern parts of the highly mineralised Mt Read volcanic rocks which lie in the western and northern parts of Tasmania. These rocks host major polymetallic (zinc, lead, gold) deposits such as Hellyer and Roseberry, and copper deposits such as Mt Lyell, and the large Henty gold mine which has produced over 1.25m oz since 1996. Gold mineralisation at Firetower was first located in the late 1970s with stream sediment samples up to 320g/t gold (+10 oz) but this was not followed up until the early 1990s with reconnaissance drilling. More modern exploration by Greatland and JV partners has included soil geochemistry to 4,450ppb gold, diamond drilling and detailed ground magnetics. Drill intercepts (historic and Greatland) include 29m at 2.39g/t, 17m at 5.37g/t (incl 1m at 30g/t), 10m at 6.2g/t, 3m at 21.38g/t Au, 11m at 4.3g/t, 1.2m at 14.9g/t. 5m a 0.76% Cu, including 1m at 1.44%, 3m at 0.62%, 2m at 0.84% & 0.5m at 3.72% Cu. Drilling to date has, in general, tested approximately 250m of strike to a depth of around 100m from surface. Several o
Larry_the_Lock
11 Apr 2018
RNS [link]
Ripley94
05 Apr 2018
Re: Still looks exspensive . Massive fall the day before G Newman comment .. 200p to 86p it has carried on falling since i last noted the little ( in hindsight ) dead cat bounce .A similar spike 25th September 17 . ( not sure why ? )Back to pre spike levels .52 week rang 0.26 to 257 it was more then a ten bagger ..lol
dalgarno9
26 Mar 2018
Re: Big upside here I would agree , L2 ready to move north again . Three up days in a row ahead of MMi results before drill results at Ernest Giles . All bodes well imo
zombynation
24 Mar 2018
Big upside here As we commence towards the drill we should be over 1p by then
dalgarno9
14 Mar 2018
Re: Oooh on the move!! Yes , the ball is rolling again and this is going up up up from Mickey Mouse levels. NM walking away , don’t be fooled . EG MMi and Drill results could be something else plus 6 more 100% owned projects .
velocipede
14 Mar 2018
Re: Oooh on the move!! People will notice now... second top of the ADVFN gainers board and top by volume.
Maverick
14 Mar 2018
Oooh on the move!! And nobody has noticed... Sssshhh!Drill time!
Larry_the_Lock
05 Mar 2018
Proactive Investors Second attempt, rejected because of language ????? Should get really interesting next month.[link]
dalgarno9
28 Feb 2018
Re: Reading between the lines.......... With EG and panorama 5p on speculation alone seem inevitable imo
tomthebomb
28 Feb 2018
Re: Reading between the lines.......... Someone on LSE has said they feel roughly 1p for every 1 million OZ. So, 20m OZ, roughly 20p per share etc. Based on SOLG etc.The SP previously got to 2.4p with nothing. 5p+ would be good over the coming months.
dalgarno9
28 Feb 2018
Re: Reading between the lines.......... Disagree Nic, the juggernaut will kick off like never before when EG results are known.
nicname
28 Feb 2018
Re: Reading between the lines.......... The way things are with this company, constipated, not much is going to move it. Whether it is the price of gold or the price of fish it will more likely take devine intervention before we see any movement from the bowels of the earth.
tomthebomb
28 Feb 2018
Re: Reading between the lines.......... I don't have a huge amount of experience with gold, mainly oil. Does anyone have an idea on possible value to GGP if EG was to hit a "several multi-million-ounce" gold deposit, as mentioned below on 15th Jan? "The results of their survey have enhanced our understanding of the project and identified multiple new targets for further exploration work, reinforcing our view that the Ernest Giles project has the potential to host several multi-million-ounce gold deposits."
MISOLDB
27 Feb 2018
Re: Reading between the lines.......... The one really great thing about this share its discoveries are in a un hostile great country, where the government is not going to take it away from them.........maybe a bit in tax...lol.....but ???its a great gold find, and I'm really sure some one in the very near future will help them to extract it from the ground.....?? I'm not going to say "good luck" to all of you, you wont need luck.....!!
