Greatland Gold (GGP) announced on Friday that it has maintained its 30% ownership in the Havieron Joint Venture asset after Newcrest did not exercise its option to acquire a 5% stake for US$60 million. As covered in our previous report, several recently returned assays have shown the potential to upgrade tonnage and grades of the resource. Positively, Newcrest has now updated its Mineral Resource Estimate (MRE) to be very near to that of GGP. In terms of metal content, Newcrest’s latest MRE is w ....
22 Aug 2022
Greatland Gold: Greatland Gold maintains 30% ownership, avoiding H&Pe 11% dilution
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Greatland Gold: Greatland Gold maintains 30% ownership, avoiding H&Pe 11% dilution
Greatland Gold plc (GGP:LON) | 6.0 0 (-2.3%) | Mkt Cap: 308.0m
- Published:
22 Aug 2022 -
Author:
Roger Bell | Ryan Hampton -
Pages:
2
Greatland Gold (GGP) announced on Friday that it has maintained its 30% ownership in the Havieron Joint Venture asset after Newcrest did not exercise its option to acquire a 5% stake for US$60 million. As covered in our previous report, several recently returned assays have shown the potential to upgrade tonnage and grades of the resource. Positively, Newcrest has now updated its Mineral Resource Estimate (MRE) to be very near to that of GGP. In terms of metal content, Newcrest’s latest MRE is w ....