Greatland Gold shares: should I buy for my 2021 portfolio?
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AIM-listed natural resource exploration and development company. Its shares rose 310% in the past year. It has outperformed the
FTSE 100 index by a wide margin. Over the past five years, Greatland Gold shares have risen by an unbelievable 32,600%.
Greatland Gold’s projects
Greatland Gold has four projects in Western Australia, namely, Paterson, Panorama, Ernes Giles, and Bromus. The Paterson project comprises of two joint ventures, the Havieron and Juri, and two 100% owned licences (Scallywag and Rudall), collectively covering more than 450 square kilometres. As per the management, the Paterson region is underexplored with significant potential. The region has witnessed significant recent discoveries, including Rio Tinto’s Winu discovery and Greatland/Newcrest’s discovery in Havieron.
Hot Chili’s recently commenced 40,000-metre drilling campaign across its Costa Fuego project in northern Chile has posted an uber-impressive 382 metre copper intercept at its Cortadera porphyry deposit, which includes 80m at 0.6 per cent copper and 0.2 grams per tonne gold from 524m down-hole. The company already has two rigs running 24-7 and is set to add a third in the
RED SETTER PROJECT PATERSON RANGES IN WESTERN AUSTRALIA Wishbone Gold Plc (AIM: WSBN), the London listed precious metals trading and exploration company, advises that it has contracted a detailed and close spaced high resolution aerial magnetic and radiometric survey on its Red Setter Project, in the Paterson Ranges in Western Australia. The 57.4 km
2 Red Setter Project is located only 13 km south-west of Newcrest Mining s Telfer Gold Mine and about 60 km west of Newcrest and Greatland Gold s Havieron discovery. Refer to Figure 1 for location map. MAGSPEC Airborne Surveys Pty Ltd, which specialises in high resolution, ultra-detailed and regional airborne geophysical surveys, will fly the entire tenement area on 100 metre line spacings.
Hot Chili’s ongoing drilling program has identified a second high-grade copper-gold core to its Cortadera porphyry in southern Chile. The latest results from the discovery include an extensive 248m intercept grading 0.4 per cent copper and 0.1 grams per tonne gold, hosting 32m at 0.6 per cent copper and 0.3 grams per tonne gold, from 446 metres down-hole.
RC pre-collars being drilled at the Cortadera discovery in central Chile. Credit: File
Hot Chili’s ongoing drilling program has identified a second high-grade copper-gold core to its Cortadera porphyry discovery in central Chile. Development drilling across the company’s Costa Fuego project area continues to produce some hugely impressively results from Cortadera including an extensive 248m intercept grading 0.4 per cent copper and 0.1 grams per tonne gold, including 32m at 0.6 per cent copper and 0.3 grams per tonne gold, from 446 metres down-hole.