Greatland Gold unveils positive drilling results at Warrentinna Gold Project

19th Jun 2013 12:32

Greatland Gold, the AIM-listed mineral exploration and development company based in Australia has unveiled positive results of drilling activities at the Warrentinna gold project in Tasmania, Australia.The company reported that all holes intersected gold mineralisation above 1.32 grammes per tonne (g/t) gold. This included 1.0m at 19.77g/t gold from 71m in hole WTR028, 26m at 2.32g/t gold from 5.0m in hole WTR028 and 1.0m results received for samples from reverse circulation drilling at Derby North prospect.Callum Baxter, Chief Executive Officer of Greatland Gold, commented: "These are very positive results and are a step forward in our plan to establish resources across our portfolio of assets." He added: "We will continue to review this data in the coming months as we plan for our drilling programme in the fourth quarter of 2013. This is in line with the Company's aim of targeting highly prospective areas for multi-million ounce orebodies."Greatland Gold's share price was down 1.22% to 0.40% at 14:09 on Wednesday.MF