TIDMGGP
RNS Number : 6878G
Greatland Gold PLC
25 July 2019
25 July 2019
Dissemination of a Regulatory Announcement that contains inside
information according to REGULATION (EU) No 596/2014 (MAR).
Greatland Gold plc
("Greatland" or "the Company")
First Results from Newcrest's Drilling Campaign at Havieron
Excellent first drill results from Newcrest's campaign at
Greatland's Havieron project confirm the presence of higher grade
gold-copper mineralisation
HAD006 extension: 52m @ 7.0 g/t Au and 0.17% Cu from 1122m
Including, 17m @ 21 g/t Au and 0.39% Cu from 1153m
HAD011: 39m @ 1.1 g/t Au and 0.82% Cu from 754m
and, 14m @ 2.9 g/t Au and 1.1% Cu from 779m
Mineralisation now observed over 700m of vertical extent and
remains open
Greatland Gold plc (AIM:GGP), the precious and base metals
exploration and development company, is pleased to announce the
first results from Newcrest's drilling campaign at Greatland's 100%
owned Havieron licence in the Paterson region of Western Australia.
In addition, Greatland is pleased to announce that a third rig has
commenced operation at Havieron and a fourth rig is expected to
arrive at site in August.
Greatland notes the release of the June Quarterly Exploration
Report by Newcrest Mining Ltd ("Newcrest") today, in which Newcrest
states: "First drill results from the Havieron Project in Paterson
province Western Australia have confirmed the presence of higher
grade copper-gold mineralisation, with best results including 17 m
@ 21 g/t Au and 0.39% Cu from 1153 m (HAD006 extension)."
Highlights of Results from Newcrest's Drilling Campaign at
Havieron:
-- Results confirm high-grade gold-copper mineralisation,
broaden mineralised extents defined by prior drilling and extend
the depth of observed mineralisation at Havieron.
-- Two rigs were operational with one existing drill hole
extended (HAD006) and two new holes completed (HAD010 and HAD011)
for a total of 2800m of drilling.
-- HAD006: Newcrest extended Greatland's hole HAD006 from 838m
to 1216m, the deepest on the project to date, and successfully
identified high-grade mineralisation at depth, with mineralisation
now observed over 700m in vertical extent, assay results
include:
o 12m @ 3.1 g/t Au and 0.08% Cu from 1071m
o 52m @ 7.0 g/t Au and 0.17% Cu from 1122m, including
-- 17m @ 21 g/t Au and 0.39% Cu from 1153m
-- HAD011: Hole HAD011 extended the known mineralised breccia
and confirmed that copper grades are increasing with depth, with
local values up to 2.3% Cu, assays results include:
o 39m @ 1.1 g/t Au and 0.82% Cu from 754m, and
-- 14m @ 2.9 g/t Au and 1.1% Cu from 779m
o 48m @ 0.59 g/t Au and 0.90% Cu from 838m
-- HAD010: Hole HAD010 traversed over the top of the mineralised
zone in the cover sequence and did not intersect significant
mineralisation.
Next steps for Havieron:
-- Newcrest to expand its exploration campaign from two drill
rigs to four - third drill rig has commenced operation and a fourth
is scheduled to arrive at site in August.
-- Drill programme designed to:
o Further define the extent of the upper gold zone;
o Test the depth extents of the mineralisation and associated
magnetic anomaly; and
o Search for additional zones of mineralised breccia within the
footprint of the coincident magnetic anomaly.
Gervaise Heddle, Chief Executive Officer of Greatland Gold plc,
commented: "We are delighted by these excellent early results from
Newcrest's drilling campaign and by Newcrest's acceleration of the
exploration programme at Havieron as demonstrated by the
commencement of a third rig at site and the imminent addition of a
fourth.
"We are particularly pleased to see that the hole HAD006
extension, the deepest hole to date at Havieron, identified
high-grade mineralisation at depth, which further supports our view
that Havieron has the potential to become a large, underground
mining operation in one of the most mining-friendly jurisdictions
in the world.
"These results also reinforce our view regarding the
prospectivity of the Paterson region and, more specifically, the
potential for other magnetic anomalies in the region, such as the
multiple targets recently identified at our Paterson Range East
licence, to host tier-one gold-copper deposits.
"We look forward to providing further updates on Newcrest's
drilling campaign at Havieron and Greatland's ongoing exploration
activities across the Paterson."
Background to Havieron and Farm-in Agreement with Newcrest
In March 2019, Greatland signed a Farm-in Agreement with
Newcrest Operations Limited, a wholly-owned subsidiary of Newcrest
Mining Limited (ASX:NCM), to explore and develop Greatland's
Havieron gold-copper project in the Paterson region of Western
Australia. Newcrest has the right to acquire up to a 70% interest
in a 12-block area within E45/4701 that covers the Havieron target
by spending up to US$65m.
Greatland's Paterson project covers more than 385 square
kilometres in the Paterson region of Western Australia and includes
the Havieron licence, the Paterson Range East licence, and the
Black Hills licence.
Limited historical drilling was conducted by Newcrest Mining
Limited at Havieron during the 1990s and early 2000s where six
holes were drilled, all of which intersected significant alteration
and gold plus copper anomalism. Thick lower grade zones of gold and
copper were intersected by Newcrest and gold grades within these
peaked at 15.4g/t and copper to 2.5%.
Greatland's drilling campaigns at Havieron have yielded
excellent results to date, including*:
-- HAD001: 121m @ 2.9g/t Au and 0.23% Cu from 497m.
-- HAD003: 21m @ 3.8g/t Au and 0.44% Cu from 418m.
-- HAD005: 103m @ 3.5g/t Au and 0.93% Cu from 459m and;
128m@ 7.4g/t Au and 0.54% Cu from 660m.
-- HAD006: 54m @ 2.7g/t Au and 0.79% Cu from 471m and;
179.1m @ 1.4g/t Au and 0.47% Cu from 547.9m.
-- HAD008: 67m @ 2.0g/t Au and 0.91% Cu from 426m.
*The above results have been recalculated by Newcrest using
company specific "data aggregation methods". Length-weighted
averages exceeding 1.0 g/t Au or 0.5% Cu for greater than or equal
to 10m, with less than 1 m of consecutive internal dilution; and
length-weighted averages exceeding 0.2 g/t Au for greater than or
equal to 20m, with less than 10m of consecutive internal dilution.
No top cuts are applied to intercept calculations.
Data aggregation methods adopted by Newcrest are industry
standard practice for assessing mineralisation widths and their
relationship to underground mining techniques.
A regional map showing the Havieron licence area with regional
targets and adjacent landholdings can be found at:
www.greatlandgold.com/paterson/
The full Newcrest Quarterly Exploration Report can be viewed on
Newcrest's website at:
www.newcrest.com.au/investors/reports/quarterly/
Newcrest Drilling at Havieron
First drill results from the Havieron Project in Paterson
province Western Australia have confirmed the presence of higher
grade copper-gold mineralisation, with best results including 17m @
21 g/t Au and 0.39% Cu from 1153m (HAD006 extension).
The Havieron Project is operated by Newcrest under a farm-in
agreement with Greatland. It is centred on a deep magnetic anomaly
located 45km east of Telfer. The target is overlain by more than
400m of post mineralised cover. Newcrest commenced drilling during
the June 2019 quarter. Two rigs were operational with one existing
drill hole, HAD006 extended and two new holes, HAD010 and HAD011,
completed for a total of 2800m of drilling. A third rig has since
commenced operation at site.
Newcrest extended Greatland's hole HAD006 from 838m to 1,216m.
Hole HAD006, the deepest on the project to date, has successfully
identified high grade mineralisation at depth, with mineralisation
now observed over 700m in vertical extent, and remaining open at
depth, to the north and south. Assay results returned include:
-- HAD006 (extension): 23m @ 1.0 g/t Au and 0.19% Cu from 872m
12m @ 3.1 g/t Au and 0.08% Cu from 1071m
52m @ 7.0 g/t Au and 0.17% Cu from 1122m
incl 17m @ 21 g/t Au and 0.39% Cu from 1153m
Hole HAD010 was drilled to the southeast of the main complex and
did not intersect any significant mineralisation. Drilling has
traversed over the top of the mineralised zone in the cover
sequence.
In Newcrest hole HAD011, sulfide-bearing breccia was observed
over 100m laterally at -500mRL on either side of the central post
mineral dolerite dyke. Assays results from the zones included:
-- HAD011: 39m @ 1.1g/t Au and 0.82% Cu from 754m
48m @ 0.59g/t Au and 0.90% Cu from 838m
Hole HAD011 extended the known mineralised breccia and confirmed
that copper grades are increasing with depth, with local values up
to 2.3% Cu. Higher-grade gold mineralisation was observed in these
zones, with the highest value being 1m at 13g/t Au.
Additional drill hole information is presented in Appendix I and
tabulated drill hole intercepts are presented in Appendix II. Drill
hole collar locations and a cross section can be found on the
Company's website at: www.greatlandgold.com/paterson/
Following are the drill results previously completed by
Greatland which have now been aligned with Newcrest exploration
reporting standards:
-- HAD001: 121m @ 2.9g/t Au and 0.23% Cu from 497m
-- HAD003: 21m @ 3.8g/t Au and 0.44% Cu from 418m
-- HAD005: 103m @ 3.5g/t Au and 0.93% Cu from 459m
128m @ 7.4g/t Au and 0.54% Cu from 660m
-- HAD006: 54m @ 2.7g/t Au and 0.79% Cu from 471m
179.1m @ 1.4 g/t Au and 0.47% Cu from 547.9m
-- HAD008: 67m @ 2.0g/t Au and 0.91% Cu from 426m
Future drilling programs will continue to assess the
distribution and controls of higher grade gold and copper
mineralisation intersected to date.
Competent Person:
Information in this announcement that relates to Havieron
exploration results has been extracted from the following
announcement:
"Newcrest Quarterly Exploration Report - June 2019", dated 25
July 2019
Information in this announcement, which has been taken from
Newcrest Mining Limited's Quarterly Exploration Report dated 25
July 2019, has been reviewed and approved by Mr Mick Sawyer, a
member of the Australian Institute of Geoscientists and a
Registered Professional Geoscientist (R.P.Geo #10194), who has more
than 15 years relevant industry experience. Mr Sawyer consents to
the inclusion in this announcement of the matters based on this
information in the form and context in which it appears. The
company confirms that it is not aware of any new information or
data that materially affects the information included in the
relevant market announcement. The company confirms that the form
and context in which the information has been presented has not
been materially modified. Mr Mick Sawyer, full time employee of
Greatland Pty Ltd and Exploration Manager, has sufficient
experience relevant to the style of mineralisation and type of
deposit under consideration, and to the activity which he is
undertaking to qualify as a Competent Person in accordance with the
guidance note for Mining, Oil & Gas Companies issued by the
London Stock Exchange in respect of AIM Companies, which outlines
standards of disclosure for mineral projects.
Enquiries:
Greatland Gold PLC
Gervaise Heddle/Callum Baxter
Tel: +44 (0)20 3709 4900
Email: info@greatlandgold.com
www.greatlandgold.com
SPARK Advisory Partners Limited (Nominated Adviser)
Andrew Emmott/James Keeshan
Tel: +44 (0)20 3368 3550
SI Capital Limited (Broker)
Nick Emerson/Alan Gunn
Tel: +44 (0)14 8341 3500
Luther Pendragon (Media and Investor Relations)
Harry Chathli/Alexis Gore/Joe Quinlan
Tel: +44 (0)20 7618 9100
Notes for Editors:
Greatland Gold plc is a London-listed (LON:GGP) natural resource
exploration and development company with a current focus on gold,
copper and nickel exploration projects.
The Company has six main projects; four situated in Western
Australia and two in Tasmania. All projects are 100% owned by
Greatland.
In March 2019, Greatland signed a Farm-in Agreement with
Newcrest Operations Limited, a wholly-owned subsidiary of Newcrest
Mining Limited (ASX:NCM), to explore and develop Greatland's
Havieron gold-copper project in the Paterson region of Western
Australia. Newcrest has the right to acquire up to a 70% interest
in a 12-block area within E45/4701 that covers the Havieron target
by spending up to US$65m.
Greatland is seeking to identify large mineral deposits in areas
that have not been subject to extensive exploration previously. It
is widely recognised that the next generation of large deposits
will come from such under-explored areas and Greatland is applying
advanced exploration techniques to investigate a number of
carefully selected targets within its focused licence
portfolio.
The Company is also actively investigating a range of new
opportunities in precious and strategic metals and will update the
market on new opportunities as and when appropriate.
APPIX I
Havieron Project (Greatland Gold plc farm-in agreement): JORC
Table 1
Section 1 Sampling Techniques and Data
Criteria Commentary
Sampling techniques Diamond core samples are obtained from diamond drilling
in Proterozoic basement lithologies. PQ-HQ and NQ diameter
diamond core was drilled on a 6m run. Diamond core
was cut using an automated core-cutter and half core
sampled at 1 m intervals with breaks for major geological
changes. Sampling intervals range from 0.2 - 1.0 m.
Cover sequences were not sampled owing to the drilling
method deployed (mud rotary drilling).
==================== ====================================================================
Drilling techniques Permian Paterson Formation cover sequence was drilled
using mud rotary drilling technique. Depths of cover
typically observed to approximately 420 m vertically
below surface. Steel casing was emplaced to secure
the pre-collar.
Diamond drilling was advanced from the base of the
cover sequence with PQ3, HQ3 and NQ2 diameter coring
configuration.
Diamond core from inclined drill holes are oriented
on 6 m runs using an electronic core orientation tool
(Reflex ACTIII). At the end of each run, the bottom
of hole position is marked by the driller, which is
later transferred to the whole drill core run length
with a bottom of hole reference line.
-------------------- --------------------------------------------------------------------
Drill sample Diamond core recovery is systematically recorded from
recovery the commencement of diamond coring to end of hole,
by reconciling against driller's depth blocks in each
core tray with data recorded in the database. Drillers
depth blocks provided the depth, interval of core recovered,
and interval of core drilled.
Diamond core recoveries were typically 100%, with isolated
zones of lower recovery.
Cover sequence drilling by the mud-rotary drilling
did not yield recoverable samples.
==================== ====================================================================
Logging Geological logging recorded qualitative descriptions
of lithology, alteration, mineralisation, veining,
and structure (for all diamond core drilled), including
orientation of key geological features.
Geotechnical measurements were recorded including Rock
Quality Designation (RQD) fracture frequency, solid
core recovery and qualitative rock strength measurements.
Magnetic susceptibility measurements were recorded
every metre. The bulk density of selected drill core
intervals was determined at site on whole core samples.
All geological and geotechnical logging was conducted
at Havieron site.
Digital data logging was captured on diamond drill
core intervals only, and all data validated and stored
in an AcQuire database.
All drill cores were photographed, prior to cutting
and/or sampling the core.
-------------------- --------------------------------------------------------------------
Sub-sampling Sampling, sample preparation and quality control protocols
techniques are considered appropriate for the material being sampled.
and sample Diamond core was cut and sampled at the Telfer core
preparation processing facility. Half core samples were collected
in pre-numbered calico bags and grouped in plastic
bags for despatch to the laboratory. Sample weights
typically varied from 0.5 to 4 kg. Sample sizes are
considered appropriate for the style of mineralisation.
Drill core samples were freighted by air and road to
the laboratory.
Sample preparation was conducted at Intertek Laboratory,
Perth. Samples were dried at 105(o) C, and crushed
to 95% passing 4.75 mm, and the split to obtain up
to 3 kg sub-sample, which was pulverised (using LM5)
to produce a pulped product with the minimum standard
of 95% passing 106 <MU>m.
Duplicate samples were collected from crush and pulp
samples at a rate of 1:20. Duplicate results show an
acceptable level of variability for the material sampled
and style of mineralisation.
Periodic size checks (1:20) for crush and pulp samples
and sample weights are provided by the laboratory and
recorded in the Acquire database.
==================== ====================================================================
Quality of Assaying of diamond drill core samples was conducted
assay data at Intertek, Perth. All samples were assayed for 48
and laboratory elements using a 4-acid digestion followed by ICP-AES/ICP-MS
tests determination (method 4A/MS907). Gold analyses were
determined by 50 g fire assay with AAS finish (method
FA50N/AA).
Sampling and assaying quality control procedures consisted
of inclusion of certified reference material (CRMs),
coarse residue and pulp duplicates with each batch
(at least 1:20).
Assays of quality control samples were compared with
reference samples in AcQuire database and verified
as acceptable prior to use of data from analysed batches.
Laboratory quality control data, including laboratory
standards, blanks, duplicates, repeats and grind size
results are captured in Acquire database and assessed
for accuracy and precision for recent data.
Due to the limited extent of the drilling program to
date, extended quality control programs are yet to
be undertaken, whereby pulped samples will be submitted
to an umpire laboratory and combined with more extensive
re-submission programs.
Analysis of the available QC sample assay results indicates
that an acceptable level of accuracy and precision
has been achieved and the database contains no analytical
data that has been numerically manipulated.
The assaying techniques and quality control protocols
used are considered appropriate for the data to be
used for reporting exploration drilling results.
-------------------- --------------------------------------------------------------------
Verification Sampling intervals defined by the Geologist are electronically
of sampling assigned sample identification numbers prior to core
and assaying cutting. Corresponding sample numbers matching pre-labelled
calico bags are assigned to each interval.
All sampling and assay information were stored in a
secure Acquire database with restricted access.
Electronically generated sample submission forms providing
the sample identification number accompany each submission
to the laboratory. Assay results from the laboratory
with corresponding sample identification are loaded
directly into the Acquire database.
Assessment of reported significant assay intervals
was verified by re-logging of diamond drill core intervals
and assessment of high-resolution core photography.
The verification of significant intersections has been
completed by company personnel and the Competent Person.
No adjustments are made to assay data, and no twinned
holes have been completed.
==================== ====================================================================
Location of Drill collar locations were surveyed using a differential
data points GPS with GNSS with a stated accuracy of +/- 0.5m.
Drill rig alignment was attained using an electronic
azimuth aligner. Downhole survey was collected at 6-12
m intervals in the cover sequence, and every 6 m in
diamond drill core segments of the drill hole. At the
end of hole, all holes have been surveyed using a continuous
gyro survey to surface (Axis Mining Champ Gyro).
Topographic control is established from SRTM (1 second)
topographic data and derived digital elevation model.
The topography is generally low relief to flat, with
an average elevation of 265 m, within dune corridors.
All collar coordinates are provided in the Geocentric
Datum of Australian (GDA94 Zone 51S).
-------------------- --------------------------------------------------------------------
Data spacing The drill hole spacing ranges from 50 - 500 m in lateral
and distribution extent within an area of 1.5 square kilometres.
The current drill hole spacing does not provide sufficient
information for the estimation of a Mineral Resource.
Significant assay intercepts remain open. Further drilling
is required to determine the extent of currently defined
mineralisation.
Reported assay results from 2 drill holes pertain only
to drill holes completed or in progress as part of
Newcrest's drilling programs since May 2019. Further
assay results are yet to be reported for completed
drill holes.
No sample compositing is applied to samples.
==================== ====================================================================
Orientation Drilling of reported holes HAD010, HAD011 is oriented
of data in perpendicular to a central dolerite now observed in
relation to several of the historic drill holes, and Newcrest drill
geological hole HAD011. The dolerite dyke has a north-south orientation,
structure with drilling established on an east-west orientation.
Drill hole HAD006 is an extension of a prior Greatland
Gold drill hole from 838 m to 1216.3 m and is a vertical
hole, which drills sub-parallel to a central dolerite
dyke, breccia body and mineralised intrusive.
Drill holes intersect moderately dipping carbonate
and siliclastic sedimentary facies, mineralised breccia
and sub-vertical intrusive lithologies, and aim to
explore the extents of the Havieron mineral system.
There is presently insufficient information to confirm
the geological model or true thickness of mineralised
intervals.
-------------------- --------------------------------------------------------------------
Sample security The security of samples is controlled by tracking samples
from drill rig to database.
Drill core was delivered from the drill rig to the
Havieron core yard every shift. On completion of geological
and geotechnical logging, core was transported by vehicle
to Telfer core processing facility by Newcrest personnel.
High resolution core photography and cutting of drill
core was undertaken at the Telfer core processing facility.
Samples were freighted in sealed bags by air and road
to the Laboratory, and in the custody of Newcrest representatives.
Sample numbers are generated directly from the database.
All samples are collected in pre-numbered calico bags.
Verification of sample numbers and identification is
conducted by the laboratory on receipt of samples,
and sample receipt advise issued to Newcrest.
Details of all sample movement are recorded in a database
table. Dates, Hole ID sample ranges, and the analytical
suite requested are recorded with the dispatch of samples
to analytical services. Any discrepancies logged at
the receipt of samples into the analytical services
are validated.
==================== ====================================================================
Audits or Due to the limited duration of the program, no external
reviews audits or reviews have been undertaken.
Internal verification and audit of Newcrest exploration
procedures and databases are periodically undertaken.
-------------------- --------------------------------------------------------------------
Section 2 Reporting of Exploration Results
Criteria Commentary
Mineral tenement The Havieron Project is entirely contained within 12
and land tenure sub-blocks of E45/4701, which is 100% owned by Greatland
status Pty Ltd. Newcrest has entered into an Exploration Farm-In
agreement with Greatland Pty Ltd and Greatland Gold
Plc effective 12 March, 2019, with Newcrest as Manager
of the Havieron Project.
There is a current ILUA (Indigenous Land Use Agreement)
signed in December 2015 which extends to the Havieron
Project.
All obligations with respect to legislative requirements
including minimum expenditure are maintained in good
standing.
------------------------ ---------------------------------------------------------------------------------------
Exploration Newcrest Mining Limited completed six diamond core
done by other holes in the vicinity of the Havieron Project from
parties 1991 to 2003. Greatland Gold completed drill targeting
and drilling of 9 Reverse Circulation (RC) drill holes
with diamond tails for a total of approximately 6,800
m in 2018. Results of drilling programs conducted by
Greatland Gold have previously been reported on the
Greatland Gold web site.
Drilling has defined an intrusion-related mineral system
with evidence of breccia- and massive sulphide-hosted
higher-grade gold-copper mineralisation.
------------------------ ---------------------------------------------------------------------------------------
Geology The Havieron Project is located within the north-western
exposure of the Palaeo-proterozoic to Neoproterozoic
Paterson Orogen (formerly Paterson Province), 45 km
east of Telfer. The Yeneena Supergroup hosts the Havieron
prospect and consists of a 9 km thick sequence of marine
sedimentary rocks, and is entirely overlain by approximately
420 m of Phanerozoic sediments of the Paterson Formation
and Quaternary aeolian sediments.
Gold and copper mineralisation at Havieron consist
of breccia, vein and massive sulphide replacement gold
and copper mineralisation typical of intrusion-related
and skarn styles of mineralisation. Mineralisation
at the prospect is hosted by metasedimentary rocks
(meta-sandstones, meta-siltstones and meta-carbonate)
and intrusive rocks of an undetermined age. The main
mineral assemblage contains well developed pyrrhotite-chalcopyrite
and pyrite sulphide mineral assemblages as breccia
and vein infill, and massive sulphide lenses. The main
mineralisation event is associated with amphibole-carbonate-biotite-sericite-chlorite
wall rock alteration.
------------------------ ---------------------------------------------------------------------------------------
Drill hole As provided.
Information
------------------------ ---------------------------------------------------------------------------------------
Data aggregation Significant assay intercepts are reported as (A) length-weighted
methods averages exceeding 1.0 g/t Au or 0.5% Cu for greater
than or equal to 10 m, with less than 10 m of consecutive
internal dilution; and (B) length-weighted averages
exceeding 0.2 g/t Au for greater than or equal to 20
m, with less than 10 m of consecutive internal dilution.
No top cuts are applied to intercept calculations.
------------------------ ---------------------------------------------------------------------------------------
Relationship Significant assay intervals reported represent apparent
between mineralisation widths. Insufficient geological information is available
widths and to confirm the geological model.
intercept lengths
------------------------ ---------------------------------------------------------------------------------------
Diagrams As provided.
------------------------ ---------------------------------------------------------------------------------------
Balanced reporting This is the first release of Exploration Results for
this project made by Newcrest. Earlier reporting of
exploration programs conducted by Greatland Gold have
previously been reported. Exploration drilling programs
are ongoing and further material results will be reported
in subsequent Newcrest releases.
------------------------ ---------------------------------------------------------------------------------------
Other substantive Nil.
exploration
data
------------------------ ---------------------------------------------------------------------------------------
Further work Further work is planned to evaluate exploration opportunities
that extend the known mineralisation. Initial drilling
conducted by Newcrest has confirmed higher grade mineralisation,
broadened mineralised extents defined by prior drilling
and extended the depth of observed mineralisation of
the Havieron prospect. The results of drilling to date
indicate the limits of mineralisation have not been
closed off. Drilling programs at Havieron are ongoing,
with additional drill rig(s) scheduled to commence
in the Q1 FY20.
------------------------ ---------------------------------------------------------------------------------------
APPIX II
Drillhole Data
Havieron Prospect, Paterson, Western Australia
Reporting Criteria: Intercepts reported are Au >0.20ppm
(0.2g/t Au) and minimum 20m downhole width with maximum consecutive
internal dilution of 20m. Also highlighted are high grade intervals
of Au >1.0ppm (1g/t Au) or Cu >5000ppm (0.5%), and minimum
10m downhole width with maximum consecutive internal dilution of
10m. Au grades are reported to two significant figures. Samples are
from diamond core drilling which is PQ, HQ or NQ in diameter. Core
is photographed and logged by the geology team before being cut.
Half core PQ, HQ and NQ samples are prepared for assay and the
remaining material is retained in the core farm for future
reference. Each assay batch is submitted with duplicates and
standards to monitor laboratory quality. Total depth (end of hole)
rounded to 1 decimal place for reporting purposes.
Hole ID Hole Easting Northing RL Total Azimuth Dip From To Interval Au Cu Cut Off
Type (m) (m) (m) Depth (m) (m) (m) (ppm) (pct)
(m)
---------- ------- -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
Havieron
Greatland Gold exploration programs 2018 - Results re-calculated by Newcrest
------------------------------------------------------------------------------------------------------------------------------
0.2g/t
HAD001 RC-DD 464098 7597650 258 622.9 360 -90 497 618 121 2.9 0.23 Au
------- -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
Incl 497 536.5 39.5 1.4 0.33 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
incl 568.5 618 49.5 6.0 0.28 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
incl 568.5 579.5 11 19 0.69 0.5% Cu
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
HAD002 RC-DD 463927 7597744 257 601.1 360 -90 437 461 24 0.4 0.03 Au
------- -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 567 601.1 34.1 0.21 0.02 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
HAD003 RC-DD 464024 7597694 258 590.3 360 -90 418 439 21 3.8 0.44 Au
------- -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
Incl 419.5 439 19.5 4.0 0.47 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 518 546 28 0.2 0.12 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
HAD004 RC-DD 464097 7597749 257 625 360 -90 432 450 18 0.31 0.03 Au
------- -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 479 521.5 42.5 0.21 0.01 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 592 625 33 0.28 0.04 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
HAD005 RC-DD 463898 7597649 259 821.2 90 -70 459 562 103 3.5 0.93 Au
------- -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
incl 462.5 531 68.5 5.1 1.2 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 660 788 128 7.4 0.54 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
incl 663 744 81 11 0.56 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
HAD006 RC-DD 464094 7597602 259 838.1 360 -90 471 525 54 2.7 0.79 Au
------- -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
incl 471.5 497 25.5 4.1 1.4 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
incl 510 525 15 2.5 0.30 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 547.9 727 179.1 1.4 0.47 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
incl 547.9 560.8 12.9 1.7 0.48 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
incl 577 604.5 27.5 1.9 1.4 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
incl 617 654.5 37.5 3.8 0.44 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
and 671.5 688.5 17 0.69 0.61 0.5% Cu
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 741 765 24 0.66 0.28 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 810.5 833 22.5 0.23 0.20 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
HAD007 RC-DD 464348 7597648 258 754.5 270 -70 468 506 38 0.53 0.22 Au
------- -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 518 551 33 0.87 0.07 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 602 666.5 64.5 0.34 0.16 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
incl 604 614.5 10.5 1.0 0.28 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 721 754.5 33.5 0.41 0.14 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
HAD008 RC-DD 464148 7597602 259 772.4 360 -90 426 493 67 2.0 0.91 Au
------- -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
incl 426.5 468 41.5 1.2 1.2 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
HAD009 RC-DD 464456 7597548 259 932.1 270 -74.7 755 805 50 0.23 0.21 Au
------- -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 844 902 58 0.33 0.42 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
incl 913 923.5 10.5 0.58 0.65 0.5% Cu
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
Newcrest exploration program - from May to June 2019
------------------------------------------------------------------------------------------------------------------------------
HAD006* RC-DD 464094 7597602 259 838.1 360 -90 792 893 101 0.33 0.57 0.5% Cu
------- -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 844 941 97 0.48 0.26 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
incl 872 895 23 1.0 0.19 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
and 1071 1083 12 3.1 0.08 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 1122 1174 52 7.0 0.17 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
incl 1153 1170 17 21 0.39 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
HAD010 MR-DD 463940 7597603 260 733 90 -65 No significant result
------- -------- --------- ---- ------- -------- ------ ---------------------------------------------------
0.2g/t
HAD011** MR-DD 464450 7597598 259 1275.6 270 -61 682 735 53 0.20 0.25 Au
------- -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
and 712 724 12 0.25 0.95 0.5% Cu
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
and 754 793 39 1.1 0.82 0.5% Cu
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
1 g/t
and 779 793 14 2.9 1.1 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
0.2g/t
and 838 886 48 0.59 0.90 Au
------------------ -------- --------- ---- ------- -------- ------ ------ ------ --------- ------ ------ --------
Awaiting assays from 903.8 m
------------------ -------- --------- ---- ------- -------- ------ ---------------------------------------------------
* Greatland Gold to 838.2m interval open at depth; Newcrest
extended drilling from 838.2m to 1216.3m.
**Assay results pending.
This information is provided by RNS, the news service of the
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DRLPGUWCMUPBUAA
(END) Dow Jones Newswires
July 25, 2019 02:02 ET (06:02 GMT)
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