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Greatland Gold highlights new gold targets at Ernest Giles

Greatland Gold has announced better than expected results of recent Mobile Metal Ion (“MMI”) sampling at its Ernest Giles project.

The results highlighted new gold targets and confirmed existing gold targets, paving the way for a drilling programme to begin at Ernest Giles before the end of this quarter.

Highlights of MMI sampling results at Meadows, Empress and Wishbone:

  • Results from over 980 MMI samples collected at Meadows, Empress and Wishbone areas have confirmed existing gold targets and generated new targets in each of the respective area;
  • At Meadows
  • MMI gold response broadly outlines and reflects results of Deep Sensing Geochemistry (‘DSG’) conducted by Newmont that identified a large 5km by 1.5km anomaly that sits approximately 1km to the north of previous drilling;
    • Results at Meadows also indicate a potential new large gold target, covering an area of approximately 4km by 1km, approximately 5km north west of previous drilling and the large anomaly previously identified by Newmont;
  • At Empress
    • Results outline several clusters of elevated gold responses over a strike of approximately 9km with the overall trend of the elevated gold response matching that of the bedrock geology;
  • At Wishbone
    • Elevated MMI gold responses are apparent across the target, particularly in the north-west and central eastern parts.

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