- Write by:
-
Thursday, July 2, 2020 - 8:10:40 PM
-
790 Visit
-
Print
Mining News Pro - The Western Australian Department of Mines, Industry Regulation and Safety announced that Greatland Gold (AIM: GGP) has won a government-conducted ballot in regard to its application for a fourth exploration licence in the Paterson region.
The win means that Greatland’s application for the licence, known as E45/5533 Rudall, has priority and will be processed ahead of other competing applications.
The Rudall licence application covers an area of approximately 65 square kilometres and is located 20 kilometres south-southeast of Greatland’s Havieron gold-copper deposit. This means that its granting allows the company to expand its landholding in the Paterson region from 385 square kilometres to 450 square kilometres.
According to Greatland Gold, Rudall is considered to be prospective for Havieron and Telfer style gold/copper occurrences. Thus, the miner’s plans involve completing the acquisition of detailed aeromagnetics, ground gravity and surface geochemistry to enhance preliminary targets already outlined within the licence.
“We are very pleased to be moving forward with our exploration plans in the Paterson and to have the opportunity to consolidate our strategic position in this exciting and highly prospective region,” Gervaise Heddle, Greatland’s CEO, said in a media statement. “Geophysical and geochemical studies conducted last year highlighted a range of exciting, high-priority targets across our Paterson licences, many of which display similar geophysical characteristics to Havieron, and we look forward to systematically drill testing many of these targets over the coming months.”
The Paterson project comprises three granted licences, namely, Havieron, Paterson Range East, and Black Hills, and the Rudall licence application, located in the Paterson region of northern Western Australia.
Short Link:
https://www.miningnews.ir/En/News/558243
AbraSilver Resource said on Monday it has received investments from both Kinross Gold and Central Puerto, Argentina’s ...
Gold took a tumble as haven demand waned after geopolitical tensions eased in the Middle East.
Copper traded near $10,000 a ton, hitting a new two-year high on its way, as investors continue to pile in on a bet that ...
The four largest indigenous communities in Chile’s Atacama salt flat suspended dialogue with state-run copper giant ...
A prefeasibility study for Predictive Discovery’s (ASX: PDI) Bankan gold project in Guinea gives it a net present value ...
A Native American group has asked all members of a US appeals court on Monday to overturn an earlier ruling that granted ...
Codelco is exploring more partnerships with the private sector as Chile’s state copper behemoth looks to recover from a ...
Representatives from the Peñas Negras Indigenous community, in northwestern Argentina, clashed with heavily armed police ...
The London Metal Exchange (LME) on Saturday banned from its system Russian metal produced on or after April 13 to comply ...
No comments have been posted yet ...