TIDMGGP
RNS Number : 9235Q
Greatland Gold PLC
24 October 2019
24 October 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")
Further High-Grade Drilling Results from Newcrest's Campaign at
Havieron
Summary
-- Further excellent drill results from Newcrest's campaign at
Greatland's Havieron project define up to four sub vertical zones
of higher-grade mineralisation within a larger mineralised
envelope.
-- Results further extend the mineralised envelope to the north
and at depth, with mineralisation now observed over 950m of
vertical extent.
-- Best results include:
o 45.0m at 7.1g/t Au and 0.08% Cu from 1077m (HAD017)
o 96.4m at 4.5g/t Au and 0.14% Cu from 916.4m (HAD018)
-- Newcrest meets the minimum expenditure commitment (US$5m) ahead of expected timetable.
-- Six drill rigs operational at site as Newcrest commences Phase 2 drilling programme.
Greatland Gold plc (AIM:GGP), the precious and base metals
exploration and development company, is pleased to announce further
excellent results from Newcrest's drilling campaign at Greatland's
100% owned Havieron licence in the Paterson region of Western
Australia.
Greatland notes the release of an ASX announcement titled
"Quarterly Exploration Report - September 2019" by Newcrest Mining
Ltd ("Newcrest") earlier today which highlights "Further high grade
drilling results at Havieron, Western Australia".
During the September 2019 quarter, 7 holes for 9,180 metres were
completed (HAD012-HAD0018). Final assay results have been received
for HAD015, HAD016, HAD017 and HAD018 and are announced today.
Results for drill holes HAD012, HAD013 and HAD014 were previously
reported on 10 September 2019.
Highlights of Latest Drill Results:
-- HAD018: Intersected mineralisation approximately 100 metres
north of HAD013 and HAD014 (same drill section as HAD012). Assay
results include:
o 75.7m @ 1.9g/t Au, 0.5% Cu from 597.3m, including
-- 16.2m @ 6.7g/t Au, 0.56% Cu from 632.8m
o 96.4m @ 4.5g/t Au, 0.14% Cu from 916.4m, including
-- 15.4m @ 20g/t Au, 0.32% Cu from 928.5m
o 175m @ 0.43g/t Au, 0.13% Cu from 1,140m, including
-- 12.9m @ 1.0g/t Au, 0.41% Cu from 1,193.1m
-- HAD017: Intersected mineralisation below HAD013 and HAD014,
including the deepest mineralisation intersected at the project to
date. Assay results include:
o 124m @ 1.6g/t Au, 0.35% Cu from 780m, including
-- 15.2m @ 5.7g/t Au, 1.2% Cu from 880.2m
o 49.6m @ 2.9g/t Au, 0.12% Cu from 1,011.4m
o 45m @ 7.1g/t Au, 0.08% Cu from 1,077m
o 70m @ 0.78g/t Au, 0.12% Cu from 1,452m
-- HAD016: Passed over the top of the mineralised envelope and
did not intersect significant mineralisation.
-- HAD015: Significant step out to the north, intersected
mineralisation approximately 150 metres north of HAD013 and HAD014.
Assay results include:
o 28m @ 0.96g/t Au, 0.07% Cu from 979m
o 58m @ 0.38g/t Au, 0.51% Cu from 1,186m
-- A further fifteen holes (HAD019 to HAD033) are at various
stages of progress and further assay results are awaited.
Update on Activities at Havieron:
-- Phase 2 drilling programme has commenced with six drill rigs now in operation.
-- Drilling is ongoing to demonstrate the continuity and extent
of the high-grade mineralisation.
-- Upgrade to the Havieron camp is largely completed, providing
additional facilities to meet the increased scale of the
campaign.
-- Newcrest has met the minimum expenditure commitment (USD $5
million) ahead of the expected timetable.
Gervaise Heddle, Chief Executive Officer of Greatland Gold plc,
commented: "We are delighted to report this third set of excellent,
high-grade results from Havieron since Newcrest commenced drilling
at the project in May this year. These results further extend the
limits of known mineralisation, with mineralisation now observed
over 950 metres of vertical extent, and underline our belief that
Havieron could become a large, underground mining operation - a
prospect which has been significantly accelerated through
Newcrest's involvement.
"In particular, I would like to highlight the outstanding
results from hole HAD018 (including 96.4m @ 4.5g/t gold, 0.14%
copper from 916.4m) which confirm the presence of higher-grade
mineralisation on a step out drill section to the north where
HAD012 also previously intersected higher-grade mineralisation.
"We are very pleased by Newcrest's continued enthusiasm and
commitment to the project, as evidenced by the six drill rigs that
are now in operation, and look forward to providing further updates
on the drilling campaign at Havieron."
In addition to this release, a PDF version of this report, with
supplementary information can be found at the Company's website:
www.greatlandgold.com/media/jorc/
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 during 2018 yielded
excellent results, 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.
A regional map showing the Havieron licence area with regional
targets and adjacent landholdings can be found at:
www.greatlandgold.com/paterson/
Further Information on Newcrest Drilling and Operations at
Havieron
The Havieron Project is operated by Newcrest under a farm-in
agreement with Greatland. It is centred on a magnetic anomaly
located 45km east of Telfer. The target is overlain by
approximately 400m of post mineralised cover. Newcrest commenced
drilling during the June 2019 quarter.
During the September quarter, 7 holes for 9,180 metres were
completed (HAD012-HAD0018). Final assay results have been received
for HAD015, HAD016, HAD017 and HAD018 and are reported below.
Results for drill holes HAD012, HAD013 and HAD014 were previously
reported on 10 September 2019.
Hole HAD015 intersected mineralisation approximately 150 metres
north of HAD013 and HAD014, a significant step out to the north on
Section Line 7597800mN. Assay results include:
-- HAD015: 28m @ 0.96g/t Au, 0.07% Cu from 979m
58m @ 0.38g/t Au, 0.51% Cu from 1,186m
Hole HAD016 drilled at -67 degrees towards 272 was a 100m step
out to the south of HAD011 and is interpreted to have drilled over
the top of the mineralised envelope. No significant results were
returned.
Hole HAD017 intersected mineralisation below HAD005, HAD013
(100.9m @ 2.0g/t Au from 479m) and HAD014 (244.6m @ 2.0g/t Au from
450m). HAD017 was a 100 metre step out to the east (drilling
towards the west) to test mineralisation continuity at depth on
Section Line 7597650mN. HAD017 intersected the deepest
mineralisation at the project to date - some 950 vertical metres
below the unconformity. Assay results include:
-- HAD017: 124m @ 1.6g/t Au, 0.35% Cu from 780m
incl 15.2m @ 5.7g/t Au, 1.2% Cu from 880.2m
49.6m @ 2.9g/t Au, 0.12% Cu from 1,011.4m
45m @ 7.1g/t Au, 0.08% Cu from 1,077m
70m @ 0.78g/t Au, 0.12% Cu from 1,452m
Hole HAD018 was drilled east to west and collared approximately
75 metres northeast of HAD013. Hole HAD018 intersected
mineralisation approximately 100 metres north of HAD013 and HAD014
and on the same drill section as HAD012 (139.4m @ 2.9g/t Au, 0.39%
Cu from 865.7m, including 43m @ 7.9g/t Au, 0.83% Cu from 900m).
HAD018 intersected mineralisation above HAD012 on the eastern side
of the central dyke. On the western side of the central dyke,
HAD018 intersected broad widths of mineralisation with numerous
localised high-grade intervals. Assay results include:
-- HAD018: 75.7m @ 1.9g/t Au, 0.5% Cu from 597.3m
incl 17m @ 1.4g/t Au, 0.99% Cu from 607m
incl 16.2m @ 6.7g/t Au 0.56% Cu from 632.8m
96.4m @ 4.5g/t Au, 0.14% Cu from 916.4m
incl 15.4m @ 20g/t Au, 0.32 Cu from 928.5m
Additional drill hole information is presented in Appendix I and
tabulated drill hole intercepts are presented in Appendix II.
Assay results from drill holes HAD015 through HAD018 are
considered excellent. Drilling conducted by Newcrest has confirmed
higher grade mineralisation, broadened mineralised extents and
extended the depth of observed mineralisation (now approximately
950 vertical metres below the unconformity). Drill results have
defined up to four sub vertical zones of higher-grade
mineralisation within a larger mineralised envelope.
The results of drilling to date indicate the limits of
mineralisation have not been closed off. Drilling programmes at
Havieron are ongoing with an additional fifteen holes (HAD019 to
HAD033) at various stages of progress and further assay results are
awaited.
The phase 2 drilling programme is underway, which includes a
significant increase in the amount of both step out and infill
drilling. Six drill rigs are operational and Telfer continues to
provide support to the project. Newcrest's minimum expenditure
commitment of US$5m has been met ahead of the expected
timetable.
Mineralisation at Havieron is hosted by metasedimentary
(meta-sandstones, meta-siltstones and meta-carbonate) and intrusive
rocks. Gold and copper mineralisation is hosted in breccia, vein
and massive sulphide replacement styles, typical of
intrusion-related and skarn types of mineralisation. The main
sulphide mineral assemblage contains well developed
pyrrhotite-chalcopyrite and pyrite. Alteration assemblages
associated with mineralisation are
amphibole-carbonate-biotite-sericite-chlorite. Higher grade gold
zones (+10g/t Au) are often associated with
quartz/chalcopyrite-pyrite veining.
Competent Person:
Information in this announcement that relates to Havieron
exploration results has been extracted from the following
announcements:
"Newcrest Quarterly Exploration Report - September 2019", dated
24 October 2019
"Exploration Update - Havieron", dated 10 September 2019
"Newcrest Quarterly Exploration Report - June 2019", dated 25
July 2019
Information in this announcement, which has been taken from
Newcrest Mining Limited's announcement "Newcrest Quarterly
Exploration Report - September 2019", dated 24 October 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 is Exploration Manager and a
full-time employee of Greatland Pty Ltd, and holds employee options
in Greatland Gold plc. Mr Sawyer, 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 as defined by the 2012 Edition of the
Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves (the JORC Code) and under the AIM Rules
- Note for Mining and Oil & Gas Companies, which outline
standards of disclosure for mineral projects. 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.
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 (Joint Broker)
Nick Emerson/Alan Gunn
Tel: +44 (0)14 8341 3500
Numis Securities Limited (Joint Broker)
Matthew Hasson/John Prior/Alamgir Ahmed
Tel: +44 (0)20 7260 1000
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 AIM-listed (AIM: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.
-------------------- ---------------------------------------------------------------
Drilling techniques Permian Paterson Formation cover sequence was drilled
using mud rotary drilling. 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
recovery from 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
techniques protocols are considered appropriate for the material
and sample being sampled.
preparation Diamond core was cut and sampled at the Telfer core
processing facility. Half core samples were collected
in pre-numbered calico bags and grouped in plastic
bags for dispatch 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
and laboratory 48 elements using a 4-acid digestion followed by
tests ICP-AES/ICP-MS 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. Drilling intersects mineralisation
at various angles.
-------------------- ---------------------------------------------------------------
Location of Drill collar locations were surveyed using a differential
data points GPS with GNSS with a stated accuracy of +/- 0.5m
(HAD012, HAD013, HAD014, HAD015, HAD016, HAD017 and
HAD018).
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 to 30 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
and distribution lateral 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.
No sample compositing is applied to samples.
-------------------- ---------------------------------------------------------------
Orientation Drilling of reported holes HAD012, HAD013, HAD014,
of data in HAD015, HAD016, HAD017 and HAD018 are oriented perpendicular
relation to to a central dolerite dyke. The dolerite dyke has
geological a north-south orientation, with drilling established
structure on an east-west orientation.
Drill holes exploring the extents of the Havieron
Mineral System intersect moderately dipping carbonate
and siliclastic sedimentary facies, mineralised breccia
and sub-vertical intrusive lithologies. Steeply dipping
mineralised zones with a north-south orientation
have been interpreted from historic and Newcrest
drill holes.
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 and Greatland
exploration procedures and databases are periodically
undertaken.
-------------------- ---------------------------------------------------------------
Section 2 Reporting of Exploration Results
Criteria Commentary
Mineral tenement The Havieron Project is entirely contained within
and land tenure 12 sub-blocks of E45/4701, which is 100% owned by
status Greatland 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.
The EFI minimum expenditure commitment of US$5M
has been reached.
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. The exploration licence E45/4701
was first granted 17th July 2017 for 5 years, expiring
16th July 2022.
------------------------ ---------------------------------------------------------------
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)
methods length-weighted averages exceeding 1.0 g/t Au greater
than or equal to 10 m, with less than 5 m of consecutive
internal dilution (with the exception of HAD018
intercept from 928.5 to 943.9 m, which includes
5.3 m 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 and true width of
intercept lengths significant assay intervals.
------------------------ ---------------------------------------------------------------
Diagrams As provided.
------------------------ ---------------------------------------------------------------
Balanced reporting This is the third release of Exploration Results
for this project made by Newcrest. The initial Newcrest
release is dated the 25(th) July 2019. The second
release is dated 10(th) September 2019. Earlier
reporting of exploration programs conducted by Newcrest
and 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.
------------------------ ---------------------------------------------------------------
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 10m. 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 5m
(with the exception for HAD018 intercept from 928.5 to 943.9 m
which includes 5.3 m internal dilution). 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.
Total
Hole Easting Northing RL Depth From Interval Au Cu Cut 0.2g/t
Hole ID Type (m) (m) (m) (m) Azimuth Dip (m) To (m) (m) (ppm) (pct) Off HAD012 MR-DD 463803 7597709 258 1157 88 -64 509.9 540.1 30.2 0.25 0.02 Au
------ ------- -------- ---- ----- --- ---- ------ ------ ----- ----- ----- -------
0.2g/t
HAD012 865.7 1005 139.4 2.9 0.39 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD012 Incl 900 943 43 7.9 0.83 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD012 1056 1083 27 0.99 0.10 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD012 Incl 1056 1066 10 2.5 0.20 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD013 MR-DD 464432 7597652 258 1254 270 -65 479 579.9 100.9 2.0 0.48 Au
------- -------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD013 Incl 481 517 36 4.1 0.84 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD013 Incl 525 535 10 2.0 0.72 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD013 Incl 550 561 11 1.3 0.18 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD013 590 647 57 0.47 0.28 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD013 712 874.3 162.3 0.89 0.17 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD013 Incl 725.7 735.8 10.2 2.5 0.69 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD013 Incl 855 870.3 15.3 2.2 0.17 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD013 917.9 1064 146.1 0.93 0.10 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD013 1128 1149.8 21.8 0.25 0.02 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD014 MR-DD 463839 7597656 259 955 90 -67 450 694.6 244.6 2.0 0.40 Au
------- -------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD014 Incl 465 494.3 29.3 4.0 0.86 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD014 Incl 539 549 10 2.7 0.53 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD014 Incl 557 579.4 22.4 4.3 0.82 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD014 705 731.6 26.6 0.99 0.81 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD014 816.6 891.9 75.3 3.4 0.43 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD014 Incl 859.3 872.5 13.2 16.0 0.93 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD015 MR-DD 464548 7597799 258 1634.3 272 -67 979 1007 28 0.96 0.07 Au
------- -------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD015 1186 1244 58 0.38 0.51 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD015 1327 1355 28 0.28 0.19 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD015 1436 1480 44 0.29 0.05 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
HAD016 MR-DD 464350 7597498 260 986.4 269 -68 No significant result
------- -------- --------- ---- ------- -------- ----- ----------------------------------------------------
0.2g/t
HAD017 MR-DD 464548 7597645 259 1616.6 270 -63 653 677 24 0.24 0.01 Au
------- -------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD017 740 766 26 0.25 0.01 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD017 780 904 124 1.6 0.35 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD017 incl 880.2 895.4 15.2 5.7 1.2 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD017 1011.4 1061 49.6 2.9 0.12 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD017 1077 1122 45 7.1 0.08 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD017 incl 1095 1121 26 3.8 0.12 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD017 1177 1321 144 0.33 0.04 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD017 incl 1211 1225 14 1.3 0.12 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD017 1388 1422 34 0.23 0.01 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD017 1452 1522 70 0.78 0.12 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD018 MR-DD 464496 7597696 258 1577.1 270 -65 597.3 673 75.7 1.9 0.5 Au
------- -------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD018 incl 607 624 17 1.4 0.99 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD018 incl 632.8 649 16.2 6.7 0.56 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD018 916.4 1012.8 96.4 4.5 0.14 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD018 incl 928.5 943.9 15.4* 20 0.32 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
0.2g/t
HAD018 1140 1315 175 0.43 0.13 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
1.0g/t
HAD018 incl 1193.1 1206 12.9 1.0 0.41 Au
-------- --------- ---- ------- -------- ----- ------- ------- --------- ------ ------ -------
* HAD018 intercept from 928.5 to 943.9 m includes 5.3 m internal
dilution.
Hole ID Hole Easting Northing RL Total Azimuth Dip From To Interval Au Cu Cut Greatland
Type (m) (m) (m) Depth (m) (m) (m) (ppm) (pct) Off Gold
(m) exploration
programmes
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
HAD001 Incl 497 536.5 39.5 1.4 0.33 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
1 g/t
HAD001 Incl 568.5 618 49.5 6.0 0.28 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
0.5%
HAD001 Incl 568.5 579.5 11 19 0.69 Cu
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
0.2g/t
HAD002 RC-DD 463927 7597744 257 601.1 360 -90 437 461 24 0.40 0.03 Au
-------- -------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
0.2g/t
HAD002 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
HAD003 Incl 419.5 439 19.5 4.0 0.47 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
0.2g/t
HAD003 518 546 28 0.20 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
HAD004 479 521.5 42.5 0.21 0.01 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
0.2g/t
HAD004 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
HAD005 incl 462.5 531 68.5 5.1 1.2 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
0.2g/t
HAD005 660 788 128 7.4 0.54 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
1 g/t
HAD005 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
HAD006 incl 471.5 497 25.5 4.1 1.4 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
1 g/t
HAD006 incl 510 525 15 2.5 0.30 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
0.2g/t
HAD006 547.9 727 179.1 1.4 0.47 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
1 g/t
HAD006 incl 547.9 560.8 12.9 1.7 0.48 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
1 g/t
HAD006 incl 577 604.5 27.5 1.9 1.4 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
1 g/t
HAD006 incl 617 654.5 37.5 3.8 0.44 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
0.5%
HAD006 671.5 688.5 17 0.69 0.61 Cu
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
0.2g/t
HAD006 741 765 24 0.66 0.28 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
0.2g/t
HAD006 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
HAD007 518 551 33 0.87 0.07 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
0.2g/t
HAD007 602 666.5 64.5 0.34 0.16 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
1 g/t
HAD007 incl 604 614.5 10.5 1.0 0.28 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
0.2g/t
HAD007 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
HAD008 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
HAD009 844 902 58 0.33 0.42 Au
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
0.5%
HAD009 913 923.5 10.5 0.58 0.65 Cu
-------- --------- ---- ------ -------- ------ ------ ------ --------- ------ ------ -------
Hole ID Hole Easting Northing RL Total Azimuth Dip From To Interval Au Cu Cut Off Newcrest
Type (m) (m) (m) Depth (m) (m) (m) (ppm) (pct) exploration
(m) programme -
from May to
June 2019
HAD006 RC-DD 464094 7597602 259 1216.3 360 -90 792 893 101 0.33 0.57 0.5% Cu
------- -------- --------- ---- ------- -------- ----- ----- ----- --------- ------ ------ --------
0.2g/t
844 941 97 0.48 0.26 Au
----------------- -------- --------- ---- ------- -------- ----- ----- ----- --------- ------ ------ --------
1 g/t
incl 872 895 23 1.0 0.19 Au
----------------- -------- --------- ---- ------- -------- ----- ----- ----- --------- ------ ------ --------
1 g/t
1071 1083 12 3.1 0.08 Au
----------------- -------- --------- ---- ------- -------- ----- ----- ----- --------- ------ ------ --------
0.2g/t
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 97 -59 No significant result
------- -------- --------- ---- ------- -------- ----- -------------------------------------------------
0.2g/t
HAD0011 MR-DD 464450 7597598 259 1275.6 270 -61 570 635 65 0.27 0.04 Au
------- -------- --------- ---- ------- -------- ----- ----- ----- --------- ------ ------ --------
0.2g/t
682 735 53 0.20 0.25 Au
----------------- -------- --------- ---- ------- -------- ----- ----- ----- --------- ------ ------ --------
712 724 12 0.25 0.95 0.5% Cu
----------------- -------- --------- ---- ------- -------- ----- ----- ----- --------- ------ ------ --------
754 793 39 1.1 0.82 0.5% Cu
----------------- -------- --------- ---- ------- -------- ----- ----- ----- --------- ------ ------ --------
1.0g/t
779 793 14 2.9 1.1 Au
----------------- -------- --------- ---- ------- -------- ----- ----- ----- --------- ------ ------ --------
0.2g/t
838 886 48 0.59 0.9 Au
----------------- -------- --------- ---- ------- -------- ----- ----- ----- --------- ------ ------ --------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DRLFEMFIDFUSELS
(END) Dow Jones Newswires
October 24, 2019 02:00 ET (06:00 GMT)
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