Greatland Gold has identified four distinct zones of high-grade, near-surface gold mineralisation at its wholly-owned Black Hills licence in Western Australia (WA).
The company has identified the potential for near-surface gold mineralisation at several prospects including Saddle Reefs, Eastern, Rogers and Northern Granites.
According to Greatland Gold, testing at Saddle Reefs confirmed the presence of strong surface gold mineralisation.
“Exploring Black Hills’ potential will be a relatively low-cost and low-risk endeavour, but one with substantial potential upside.”
Meanwhile, the company identified prospective gold mineralisation at the surface in the Rogers and Northern Granites prospects.
Drilling at the Eastern prospect indicated the presence of linear zone of mineralised gold over a strike of around 4km.
Greatland Gold CEO Gervaise Heddle said: “Results from our forensic review of the historic data have further highlighted the licence’s prospectivity for multiple zones of high-grade, near-surface gold mineralisation.
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“Importantly, this means that exploring Black Hills’ potential will be a relatively low-cost and low-risk endeavour, but one with substantial potential upside.
“The Black Hills project epitomises our strategy of targeting under-explored areas with great potential.”
The company is planning to begin its first exploration programme at Black Hills within the next few weeks.
In order to determine the areas with the greatest potential for high-grade gold mineralisation, the company will start field work in the coming weeks, including surface geochemical sampling and geological mapping.
The planned field work will enable the company to outline drill targets at the Black Hills project.
Covering 25km², the Black Hills project is located adjacent to the company’s Havieron exploration licence.
