MINING REFINING

Greatland Gold acquires new exploration tenement in Victoria

Thu May 23 2024

Greatland Gold has been granted a new Exploration Licence E52/4342 (Woodlands) covering 134sq km as the inaugural tenement in the Mt Egerton project in Victoria.

Woodlands is a new gold-copper exploration project established in the Gascoyne region, located 230km north of the Meekatharra gold camp, with Greatland identifying it contained mantle tapping structures, an essential ingredient in large-scale gold and copper systems

The tenement includes a 25km strike length in a structurally complex geological setting, added the statement, with an Indigenous Land Use agreement already in place.

 Shaun Day, Greatland managing director, said: “Our exploration team identified Mt Egerton as an excellent regional and local geological setting for the discovery of major gold and copper deposits.

“With the successful grant of our first tenement, we will now work to compile and interpret available data to plan systematic, targeted exploration on the ground in the near future.

“Mt Egerton presents a further opportunity to put our advanced exploration techniques to work in an under-explored region in pursuit of tier-one gold and copper deposits."

Source: https://www.proactiveinvestors.co.uk