Highlights:
- Two diamond core (DD) holes completed for 1 267.7 m.
- Anomalous mineralisation of 8 m @ 0.12g/t Au from 316 m returned from EGD006, associated with alteration and anomalous pathfinder geochemistry.
- Drilling results provide important geological and structural information to inform a systematic reverse circulation drill programme planned for this year to systematically test highly prospective targets at Meadows prospect.
- Ground induced polarisation (IP) survey planned for later in 2024 to further refine targets, along with further airborne geophysics.
Greatland Managing Director, Shaun Day, commented:
“Completing the Land Access Agreement and EIS co-funded drilling at Ernest Giles is a significant milestone for the project, marking the first on-ground exploration in over five years.”
“Ernest Giles is an exciting 100% owned project that sits outside our strong foothold in the Paterson region, in an underexplored Archean greenstone belt that hosts many Tier 1 deposits.”
“These initial results are encouraging and confirm the prospectivity of the project. The results will inform further exploration work, including a more extensive drilling programme this year.”
