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NCM Newcrest Mining Limited

23.51
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 20 minutes
Share Name Share Symbol Market Type
Newcrest Mining Limited ASX:NCM Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 23.51 23.35 23.50 0.00 01:00:00

Greatland Gold Reports Exploration Progress at Havieron Deposit in Australia

28/01/2021 9:01am

Dow Jones News


Newcrest Mining (ASX:NCM)
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By Jaime Llinares Taboada

 

Greatland Gold PLC said Thursday that recent drill results confirmed the continuity of high-grade mineralization within the South East Crescent and Breccia areas of its Havieron deposit in Australia.

The London-listed miner said mineralization is open at depth providing support for a potential expansion of the Havieron gold resource.

Greatland's partner and project operator Newcrest Mining Ltd. has scheduled a 2021 exploration program for around 65,000 meters of drilling within the next six months.

Shares in Greatland at 0822 GMT were up 1.1 pence, or 4.1%, at 28.0 pence.

Newcrest has earned a 60% interest in the joint venture, whereas Greatland holds the remaining 40% stake. Newcrest can earn up to a 70% interest upon total expenditure of $65 million and achievement of exploration milestones.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

January 28, 2021 03:46 ET (08:46 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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