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Greatland Gold working to expand Ernest Giles property

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Greatland Gold working to expand Ernest Giles property

Greatland Gold Plc said Oct. 16 that it applied for a new exploration license to expand its early stage Ernest Giles gold project in Western Australia to over 2,000 kilometers.

If granted, the new license will expand the eastern blocks at Ernest Giles to about 800 square kilometers, covering a 90-kilometer-long, north-south trending sequence of rocks that represent an extension of gold-prospective greenstone found at the project.

Greatland Gold recently reported that mobile metal ion sampling at Ernest Giles East had identified several clusters of gold anomalies. Two of the clusters that were prioritized for follow-up are adjacent to the border of the company's existing license application and the new application.

Ernest Giles is subject to an agreement with Newmont Mining Corp.'s Newmont Exploration Pty. Ltd. unit, which gives Newmont access to the project tenements and exploration database as well as a right of first refusal should Greatland Gold sell or joint venture the project.