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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 | 00:00:00 |
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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