Greatland Gold has announced a new drilling programme at the Warrentinna gold project in Tasmania to test for extensions to gold mineralisation along strike and at depth at Derby North prospect.
The Warrentinna programme of work includes plans for six RC holes for approximately 600 metres of drilling that will follow up on previous intercepts including [email protected]/t Au and [email protected]/t Au.
After an extensive internal review, Greatland will also commence a range of basic field activities targeting two relatively underexplored areas at the Firetower gold project in Tasmania.
Key objective of the activities at Warrentinna and Firetower projects is to extend the company's knowledge of the mineralised systems, both of which have demonstrated the presence of high grade gold in historic drill results.
Executive director Callum Baxter said: "We are pleased to begin a more active phase of exploration at Greatland's Tasmanian gold projects. The Warrentinna and Firetower gold projects both possess significant upside exploration potential and we believe that, given the current gold price environment, now is the right to take a more aggressive approach to exploration on these projects.
"We would like to take this opportunity to remind our shareholders that historical drilling has intercepted high grade gold mineralisation at both projects, including [email protected]/t Au and [email protected]/t Au at the Warrentinna project, and [email protected]/t Au and [email protected]/t Au at the Firetower project."