As previously announced, a detailed, low level airborne magnetic survey covering the entire Panorama project area was commissioned by the Company. The survey is now complete and comprised 8,092 line kilometres at a line spacing of 50m with a mean terrain clearance of 30m. The data is currently being processed and imaged and when integrated with the geochemical data sets, will assist Greatland with geological and structural interpretation of basement geology and provide better definition of existing targets.
Gervaise Heddle, Chief Executive Officer, commented: "We are very encouraged by the results from our soil sampling campaign at Panorama which highlight several areas of gold anomalism along the mineralised trend. These geochemical results, combined with images from the recent detailed aeromagnetic survey, enhance our understanding of the project and build upon the work we conducted earlier this year which identified gold in rock chips and coarse gold over six kilometres of strike.
THR Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
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