Greatland Gold PLC Investor Presentation

RNS Number : 1090E

Greatland Gold PLC

13 September 2024

 

Greatland Gold plc (AIM: GGP)

E: [e-mail]

W: https://greatlandgold.com

: twitter.com/greatlandgold

 

 

NEWS RELEASE | 13 September 2024

 

 

Transformational Acquisition of Havieron & Telfer

 

Investor Presentation

 

 

Greatland Gold plc (AIM:GGP) (Greatland or the Company) is pleased to announce the release of an Investor Presentation for the acquisition by Greatland of a 70% ownership interest in the Havieron gold-copper project (consolidating Greatland's ownership to 100%), 100% ownership of the Telfer gold-copper mine, and other related assets in the Paterson Region.

 

The presentation is available at https://greatlandgold.com/investors/regulatory-news/.

 

 

 

Contact

 

For further information, please contact:

 

Greatland Gold plc

Shaun Day, Managing Director  |  Rowan Krasnoff, Head of Business Development [e-mail]

 

Nominated Advisor

SPARK Advisory Partners

Andrew Emmott / James Keeshan / Neil Baldwin  |  [phone]

 

Corporate Brokers

Canaccord Genuity  |  James Asensio / George Grainger  |  [phone]

Berenberg  |  Matthew Armitt / Jennifer Lee  |  [phone]

SI Capital Limited  |  Nick Emerson / Sam Lomanto  |  [phone]

 

Media Relations

UK - Gracechurch Group  | Harry Chathli / Alexis Gore / Henry Gamble  |  [phone]

Australia - Fivemark Partners  |  Michael Vaughan  |  [phone]

 

About Greatland

 

Greatland is a mining development and exploration company focused primarily on precious and base metals.

 

The Company's flagship asset is the world-class Havieron gold-copper project in the Paterson Province of Western Australia, discovered by Greatland and presently under development in joint venture with world gold major, Newmont Corporation.

 

Havieron is located approximately 45km east of the Telfer gold mine. The box cut and decline to the Havieron orebody commenced in February 2021. Total development exceeds 3,060m including over 2,110m of advance in the main access decline (as at 30 June 2024).  Havieron is intended to leverage the existing Telfer infrastructure and processing plant, which would de-risk the development and reduces capital expenditure.

 

On 10 September 2024, Greatland announced that certain of its wholly owned subsidiaries had entered into a binding agreement with certain Newmont Corporation subsidiaries to acquire, subject to certain conditions being satisfied, a 70% ownership interest in the Havieron gold-copper project (consolidating Greatland's ownership of Havieron to 100%), 100% ownership of the Telfer gold-copper mine, and other related interests in assets in the Paterson region.  Completion of the acquisition is subject to the satisfaction of certain conditions precedent and is targeted to occur during Q4 2024.

 

Greatland has a proven track record of discovery and exploration success and is pursuing the next generation of tier-one mineral deposits by applying advanced exploration techniques in under-explored regions. Greatland has a number of exploration projects across Western Australia and in parallel to the development of Havieron is focused on becoming a multi-commodity miner of significant scale.

 

 

 

 

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