HAD005 19th November 2018

All things Greatland Gold.
ManFromUruguay
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HAD005 19th November 2018

Post by ManFromUruguay »

Feeling a little despondent watching our SP being manipulated I had a browse back to when GGP first announced spectacular drill results from "HAD005"

This was under 4 years ago and it's incredible to think of the progress made in such a short time. The above happened 4 months after England got to the World cup semi final in 2018 which seems just like yesterday. I wonder where we might be in another 2 years let alone 4! Enjoy 😉🙋🏽‍♂️

"Results from First Drill Hole at Havieron"

Mon, 19th Nov 2018 07:00

RNS Number : 6899H

Greatland Gold PLC

19 November 2018


19 November 2018


Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR).
 

Greatland Gold plc

("Greatland" or "the Company")


Results from First Drill Hole of Current Campaign at Havieron


Greatland announces drill hole HAD005 intersects total mineralisation (combined intercepts) of

275m at 4.77g/t gold and 0.61% copper (275m at 5.75g/t gold equivalent*)

 

Two wide zones of mineralisation intersected: 

118m at 3.08g/t gold and 0.84% copper from 459m (118m at 4.42g/t gold equivalent*),

plus

157m at 6.04g/t gold and 0.44% copper from 660m (157m at 6.75g/t gold equivalent*).


Further to the announcement made on 1 October 2018, Greatland Gold plc (AIM:GGP), the precious and base metals exploration and development company, is delighted to announce exceptional laboratory assay results from the Company's first drill hole (HAD005) of the current campaign at its 100% owned Havieron licence in the Paterson region of Western Australia.


Highlights of HAD005 Drill Results:


· Total combined intercept of 275m at 4.77g/t gold and 0.61% copper returned from:

· An upper zone of 118m at 3.08g/t gold and 0.84% copper from 459m to 577m, including:

o 11.5m at 6.23g/t gold and 2.49% copper from 462.5m; and

o 7.5m at 32.83g/t gold and 1.20% copper from 482m.

· A lower zone of 157m at 6.04g/t gold and 0.44% copper from 660m to 817m, including:

o 113m at 8.30g/t gold and 0.61% copper from 663m;

o 5.5m at 16.62g/t gold and 0.91% copper from 663m; and

o 38m at 20.17g/t gold and 0.82% copper from 700m.

· Upper and lower zones separated by an unmineralised mafic intrusion from 577m to 660m.

· Results significantly extend the known high grade mineralisation established in the first drilling campaign and establish new peak grades for the mineralised system, including peak gold of 211.30g/t (previously 137.69g/t) and peak copper of 8.45% (previously 4.11%).

· Multiple notable high-grade intervals in both upper and lower zones including:

o 0.5m at 64.1g/t gold and 5.38% copper from 464.5m, and

o 0.5m at 202.76g/t gold and 0.83% copper from 486.5m, and

o 0.5m at 211.3g/t gold and 3.56% copper from 487.5m, and

o 1m at 97.65g/t gold and 8.45% copper from 702m, and

o 4m at 103.82g/t gold and 0.86% copper from 713m.


*Gold equivalent values are calculated using a copper conversion factor of 1.5998 from a copper price of US$2.80/lb and a gold price of US$1,200/oz.


Gervaise Heddle, Chief Executive Officer, commented: "We are thrilled by these truly spectacular results which further demonstrate the exceptional potential of Havieron. These stunning results represent a world class intersection as measured by total mineralisation in one drill hole in excess of 1,500 metre grams gold equivalent. Elevated gold and copper results persisted to end of hole suggesting the mineralisation continues at depth below the current limit of drilling, which is supported by the results from forward modelling of detailed geophysical data.


"The remarkable peak gold and copper grades of 211.3gt/t and 8.45% respectively are significantly higher than in previous drilling. Importantly, we have seen significant widths of copper well in excess of 0.5%.


"The results from HAD005 are just the first in our current campaign at Havieron and we look forward to updating shareholders on our continued progress."


Greatland's first drilling campaign at Havieron, carried out in April-May 2018, yielded excellent results, which included 121m at 2.93g/t gold and 0.23% copper from 497m, including 11.5m at 21.23g/t gold and 0.67% copper from 568.5m (HAD001), and 21m at 3.79g/t gold 0.44% copper from 418m (HAD003). The current drilling campaign at Havieron (Greatland's second drill campaign), which commenced on 17 September 2018, includes plans for up to a total of approximately 6,000 metres of drilling.

A regional map showing the Havieron licence area with regional targets and adjacent landholdings can be found at: http://greatlandgold.com/paterson/ 
jecsggp
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Re: HAD005 19th November 2018

Post by jecsggp »

Ahhh, memories! That was the result on which I bought a million shares! Rarely do such a rash thing. What a day! :) :) :) Just thought it had to be worth the gamble...
GGP holder for the longer term.
Saints 07
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Re: HAD005 19th November 2018

Post by Saints 07 »

If we could just pull one of these at another tenement, it would certainly help to turn the SP around. Just a matter of time, and we will be off.
ManFromUruguay
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Re: HAD005 19th November 2018

Post by ManFromUruguay »

Saints 07 wrote: Sat Sep 24, 2022 10:26 am If we could just pull one of these at another tenement, it would certainly help to turn the SP around. Just a matter of time, and we will be off.
Hope so Saints! Can I ask who your Saints 07 name is based on ? Rugby St Helens or football ..I was guessing Matt Le Tissier!
Bamps21
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Re: HAD005 19th November 2018

Post by Bamps21 »

Image
My scribbles on HAD005
I’ve picked out only the high grade intercepts the bits in between are still high grade but not stunning.

Top zones in the mine plan will be
Western front level 1 top stope out of 2
Eastern front levels 2 and 3

Stunning grades 8,10,12% copper
Numerous Gold grades over 200g/t
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381283FC-0473-4683-9735-707D88FBFE6C.jpeg
Bamps21
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Re: HAD005 19th November 2018

Post by Bamps21 »

Referring to my last post 12% copper is in HAD006 just south of HAD005.
This is where the high concentration of cobalt is found c4200ppb
In the Congo highest grades are around 6000.
I still can’t believe they won’t extract it, that news would certainly be something special
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