Greatland optimistic about field work at Panorama project

Greatland Gold (AIM:GGP) announced that it has started new field activities at its 100%-owned Panorama project, located in the Pilbara region of Western Australia. 

In a media statement, the London-based miner said the new campaign began with field reconnaissance and surface geochemical work. 

Panorama consists of three adjoining licences, covering approximately 155 square kilometres in the northern part of WA

According to Greatland, these activities are necessary following a first field campaign that confirmed the presence of outcropping gold mineralisation over several kilometres of strike in the northern part of the Panorama project and identified two clusters of gold anomalism in the central parts of the project. Rock chip sampling from these areas returned results of 66.0g/t gold and 18.45g/t gold.

The company also announced that in July it will run a detailed, low-level aeromagnetic survey consisting of approximately 8,000 line kilometres at a line spacing of 50m, to cover the entire project area.

The British firm indicated that results from the field campaign and airborne magnetic survey will be used to refine key targets for further activities.