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Last 0.09 GBp
Change Today 0.00 / 0.00%
Volume 700.0K
GGP On Other Exchanges
Symbol
Exchange
Berlin
As of 11:30 AM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

greatland gold plc (GGP) Snapshot

Open
0.09 GBp
Previous Close
0.09 GBp
Day High
0.09 GBp
Day Low
0.09 GBp
52 Week High
10/9/14 - 0.36 GBp
52 Week Low
08/26/15 - 0.09 GBp
Market Cap
843.5K
Average Volume 10 Days
2.3M
EPS TTM
-0.0015 GBp
Shares Outstanding
992.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GREATLAND GOLD PLC (GGP)

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greatland gold plc (GGP) Details

Greatland Gold plc engages in the exploration and development of natural resource properties in Tasmania and Western Australia. It primarily explores for gold deposits. The company holds interests in the Ernest Giles project that comprises three contiguous tenements covering an area of 945 sq kms located to the north east of Laverton; the Bromus project located in the southern Yilgarn region; the Warrentinna project, which includes two contiguous tenements covering an area of 113 sq kms; Firetower project that consists of four contiguous tenements covering a total area of 265 sq kms; and the Lisle project located to the northeast of Launceston in north-east Tasmania. Greatland Gold plc was founded in 2005 and is headquartered in London, the United Kingdom.

Founded in 2005

greatland gold plc (GGP) Top Compensated Officers

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greatland gold plc (GGP) Key Developments

Greatland Gold plc Announces Drilling Results at its Ernest Giles Project in Central Western Australia

Greatland Gold plc announced the results of drilling at its Ernest Giles project in central Western Australia, including exciting nickel prospective rocks in the Carnegie area. The Ernest Giles project is located in central Western Australia, covering an area of 660km2 that includes over 100km of gold and nickel prospective rocks. The area is covered by desert sands and sediments, making it virtually unexplored. The region is home to several successful exploration discoveries such as Tropicana, which contains over 7 million ounces of gold, and Yamarna, with over 3.5 million ounces of gold. Greatland has drilled several significant gold and nickel targets across the Ernest Giles licences. These targets included the surface MMI (mobile metal ion) anomalies at Empress and Meadows. Drilling was also carried out at the Dromedary structural target in the north of the project area and at the new Carnegie nickel sulphide target, which resembles the size and geophysical signature of the 'Nova' discovery by Sirius Resources NL. 'Nova' is one of the most exciting nickel sulphide discoveries in recent years. At Carnegie, intersected a geophysical magnetic anomaly thought to be prospective for nickel sulphide mineralisation. Significantly, drilling intersected mafic intrusive rocks from 286m below the surface to end of hole at 300m. These rocks displayed very strong heamatite and magnetite alteration, supporting the presence of a mafic intrusive body prospective for nickel sulphides. Analytical results highlight the prospectivity, with elevated As and Pb to 18ppm and 40ppm, respectively, at end of hole. At Meadows, the drill hole tested anomalous surface MMI results near to the gold mineralisation discovered in previous holes. The company intersected recent siltstones and sandstones to 66m, Proterozoic shale to 230m, as well as the targeted Archean basement (to end of hole at 304m). Drilling results confirmed consistent, low-level gold to 4ppb, intersected in the Archean basement from 280m to 300m. However, it believe that this result does not warrant further work at this particular location. At Empress, the company drilled a significant gold MMI anomaly. However, no definable Archean basement rocks were intersected in the 300m deep hole, making the target too deep to pursue. The surface MMI anomaly was somewhat explained by low level gold (to 12ppb) being encountered in transported Proterozoic overburden, around 88m down the hole. The Dromedary structural target was also tested to a depth of 300m. No Archean basement was intersected in this hole, making the target too deep to pursue.

Unity Mining Ltd Announces End of Farm-In Agreement at Greatland Gold's Firetower Project

In October 2011 Unity Mining Ltd. entered into a farm-in agreement with Greatland Gold at Greatland Gold's firetower project in northern Tasmania, Australia. Under the agreement Unity could earn up to 75% of the licences by incurring a specified level of exploration expenditure over a five year period. Since 2011, Unity has carried out significant field operations including airborne and ground geophysical surveys and diamond drilling. Results were encouraging and further work had been planned. However, Unity has recently advised Greatland that it had not met the farm-in expenditure commitments within the agreed timeframes despite expenditure of approximately AUD 1.84 million. Greatland has therefore provided Unity with formal termination of the agreement. Greatland confirms that it retains 100% of the licences and will resume management of the project backdated to 1 July 2015. Any unresolved environmental obligations as a result of work carried out by Unity are the responsibility of Unity and will be notified to Unity on advice from mineral resources Tasmania.

Greatland Gold plc Commences Drilling at Ernest Giles

Greatland Gold plc announced that drilling has begun at its Ernest Giles project. The Ernest Giles project is located in central Western Australia. Greatland has begun drilling gold and nickel targets at Ernest Giles. Drilling to include gold targets at Empress and Meadows, and the new Carnegie nickel target. First batch of samples are expected to be dispatched to the laboratory in the coming days.

 

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