10th May 2022 10:00
Greatland Gold PLC - mining development and exploration in Western Australia - Awarded a grant of up to AUD200,000 under the Western Australian government's exploration incentive scheme. The grant will help Greatland co-fund drilling and mobilisation costs at its Rudall licence, located 20 kilometres southeast of the Havieron gold-copper resource in Western Australia.
"The drilling grant for the Rudall licence will accelerate our programme to test targets in this area of the Paterson. Testing of priority targets delivers the opportunity to unlock the exploration option value of the portfolio," says Managing Director Shaun Day.
Current stock price: 13.29 pence each, up 2.3% on Tuesday in London
12-month change: down 35%
By Xindi Wei; [email protected]
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