{"id":1117306,"date":"2019-05-22T13:50:12","date_gmt":"2019-05-22T13:50:12","guid":{"rendered":"http:\/\/www.mining.com\/?p=988759"},"modified":"2019-05-22T13:50:12","modified_gmt":"2019-05-22T13:50:12","slug":"newcrest-starts-drilling-at-greatland-golds-project-in-western-australia","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1117306","title":{"rendered":"Newcrest starts drilling at Greatland Gold\u2019s project in Western Australia"},"content":{"rendered":"

Australia\u2019s largest gold producer, Newcrest Mining (ASX: NCM),\u00a0will begin in June<\/a> the most extensive drilling program to date at Greatland Gold\u2019s (LON:GGP) Havieron gold-copper project in the Paterson region of Western Australia.<\/p>\n

The exploration activities, part of a joint venture the two companies signed in March<\/a>, aim to define the extent of\u00a0mineralization along strike and at depths to 1,000m below surface.<\/p>\n

Exploration work is being fully funded by Newcrest,\u00a0which has committed to spend $5 million on the gold-copper project in the next 12 months.<\/q><\/p>\n

The work is being fully funded by Newcrest,\u00a0which has committed to spend $5 million on Havieron in the next 12 months.<\/p>\n

The farm-in deal gives Newcrest the option to acquire 70% of the project by spending $65 million on exploration and development over five years.<\/p>\n

Newcrest plans to process any ore from the Havieron site at its Telfer mine, located only 45km west, the company said.<\/p>\n

Greatland Gold\u2019s chief executive officer, Gervaise Heddle, said the company expected Newcrest’s technical expertise and understanding of the local geology to build on the successful 2018 programme.<\/p>\n

\u201cGreatland’s 2019 exploration programme in the Paterson is advancing on a number of fronts, with a detailed aeromagnetic survey planned at Paterson Range East, a 6,000 metre drilling programme expected to commence at Black Hills within the next few weeks,\u201d Heddle said in the statement<\/a>.<\/p>\n

The Paterson region hosts several large gold and\/or copper deposits such as Nifty, Winu and\u00a0Newcrest\u2019s own Telfer. World\u2019s second largest mining company Rio Tinto (ASX, LON:RIO) is very invested in the area and its\u00a0recent application for nearly 30 exploration licenses<\/a>\u00a0has sparked a stampede into adjacent lots by other explorers, who see the miner’s aggressive activity as an indicator of a highly promising find.<\/p>\n

The post Newcrest starts drilling at Greatland Gold\u2019s project in Western Australia<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The exploration activities, part of a joint venture the two companies signed in March, aim to define the extent of mineralization along strike and at depths to 1,000m below surface<\/p>\n

The post Newcrest starts drilling at Greatland Gold’s project in Western Australia<\/a> appeared first on MINING.com<\/a>.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[539,1943,404,369,683,684,391,2640],"tags":[15,33,43,48],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1117306"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1117306"}],"version-history":[{"count":2,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1117306\/revisions"}],"predecessor-version":[{"id":1117359,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1117306\/revisions\/1117359"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1117306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1117306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1117306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}