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Mining Lease Granted – Hancock Project | Company Announcement

Investegate announcements from Mining Lease Granted – Hancock Project ....

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Investegate |Greatland Gold PLC Announcements | Greatland Gold PLC: Havieron: Mining Proposal Approved for Early Works

Greatland Gold plc is a London Stock Exchange AIM-listed (AIM:GGP) natural resource exploration and development company with a current focus on precious and base metals. The Company has six main projects; four situated in Western Australia and two in Tasmania.

In March 2019, Greatland signed a Farm-in Agreement with Newcrest Operations Limited, a wholly-owned subsidiary of Newcrest Mining Limited (ASX:NCM), to explore and develop Greatland s Havieron gold-copper deposit in the Paterson region of Western Australia.
The Havieron Project is operated by Newcrest under a Joint Venture Agreement with Greatland Gold plc. Newcrest can earn up to a 70% joint venture interest through total expenditure of US$65 million and the completion of a series of exploration and development milestones in a four-stage farm-in over a six year period that commenced in March 2019. Newcrest may acquire an additional 5% interest at the end of the farm-in p ....

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