greatland paterson

High Grade Gold Detected in Multiple Rock Chip Samples from Black Hills

Greatland significantly extends strike of surface gold mineralisation at Saddle Reefs prospect from 200 metres to 800 metres

Greatland Gold has announced new rock chip results from its 100% owned Black Hills licence in the Paterson region of Western Australia.

In June 2018, Greatland commenced it first exploration campaign at Black Hills. Multiple gold nuggets were found in thin sand cover, establishing the presence of high grade gold mineralization at surface over a 200 metre strike length at the Saddle Reefs prospect (as announced 21 June and 2 July 2018).

In addition to collecting pieces of visible gold at surface, Greatland collected a further 28 rock chip samples over the Saddle Reefs prospect and several rock chip samples from the Rogers prospect. These additional rock chip samples did not contain any visible gold and were submitted for standard laboratory assay testing.

Highlights of Rock Chip Sample Results

Saddle Reefs

  • A total of 28 rock chip samples were collected at Saddle Reefs and 11 of these samples returned gold values over 10g/t gold;
  • High grade gold results include 81.7g/t, 45.7g/t, 37.6g/t, 33.9g/t, 28.2g/t, 23.5g/t, 19.6g/t, 17.5g/t, 14.1g/t, 13.0g/t and 12.4g/t;
  • Many rock chip results returned high silver values (up to 106.1g/t silver);
  • Importantly, these results roughly quadruple the strike length of gold mineralization identified at surface from 200 metres to approximately 800 metres.

Rogers

  • Rock chip samples were also collected from the Rogers area (approximately 3.5km south east of Saddle Reefs)
  • Several samples returned over 1g/t gold (up to 8.9g/t gold).

As announced on 17 July 2018, a comprehensive 3DIP program has been undertaken at the Saddle Reefs prospect at Black Hills. Data is currently being processed and the resultant detailed inversion models will be used to generate targets for drill testing.

Gervaise Heddle, Chief Executive Officer, said “We are delighted by these results which significantly extend the strike length of surface gold mineralisation at the Saddle Reefs prospect and further highlight the potential for Black Hills to host a large, high-grade gold deposit. Given these exciting results, we intend to quickly move forward with our exploration efforts at Black Hills and we look forward to receiving the results from the recent 3DIP survey which will be used to assist with planning Greatland’s first drill campaign at Black Hills.”

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