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Home Market Reports

Greatland Gold announces Rudall Project exploration results

May 6, 2023
in Market Reports
IAMGOLD Reports

Greatland Gold has announced the results of its 2022 drilling programme at the 100%-owned Rudall project in the Paterson Province of Western Australia. The Ramses target is located within the Rudall tenement, 20 km southeast of Greatland’s flagship Havieron gold-copper project. The single drill hole testing the Ramses target was supported by a Western Australian Exploration Incentive Scheme (EIS) grant.

Highlights include:

  • Hole RAD002 intersected 18.25 m @ 22.0 g/t Au from 924 m (uncut) to end of hole (EOH) at 942.25 m, including 1 m @ 393 g/t Au from 926 m. Significantly, anomalous copper, silver, bismuth and arsenic assays were recorded within the broad, altered intersection.
  • The hole ended due to drilling limitations and mineralisation is open at depth.
    Structural and geochemical work and a future downhole electromagnetic survey are required to refine the potential for mineralisation to extend into shallower positions within the system.
  • Greatland Managing Director, Shaun Day, commented: “Our recent drilling at Rudall has delivered a significant and high-grade result. While recognising the high-grade intercept is at depth, the strong gold mineralisation and supporting pathfinder geochemistry in consistently altered and veined basement sediments continues to highlight the outstanding prospectivity within Greatland’s tenement package and the Paterson Province in general. These results, together with our continual improvement in understanding of the covered basement geology, stratigraphy and structure, increase our confidence in the prospectivity of the region, and our ability to vector towards intrusion related and other styles of mineralised systems on our extensive ground holdings.”
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