Greatland Gold expands protfolio with Havieron and Telfer acquisions

Proactive - Interviews for investors

Greatland Gold PLC (AIM:GGP) managing director Shaun Day talked with Proactive’s Tylah Tully about recent developments, including the completion of the company’s acquisition of the Telfer and Havieron assets in September. Day emphasized the transformative nature of this acquisition, explaining that Telfer is now the only operating asset in the Patterson region, providing Greatland Gold with a dominant foothold in the area. "We think it was an exceptional transaction, delivering both an operating asset in Telfer and control of Havieron, our development asset," Day noted. With a strengthened 4,500-square-kilometer footprint, the company aims to leverage Telfer’s milling infrastructure to expedite exploration efforts. Day highlighted ongoing activities in the South Patterson region, noting significant findings from five exploratory holes at the Chilly target, four of which detected mineralization. Assays from additional exploration targets, including Teague and Atlantis, are also expected soon. Looking ahead, Day shared Greatland Gold’s focus on finalising the Newmont transaction in the December quarter, preparing for integration, and potentially emerging as a notable Australian gold and copper producer in 2025. Reflecting on the task ahead, Day said, "We feel we're really set up for success… it's an exciting time for the team." #proactiveInvestors #GreatlandGoldPLC #AIM #LSE #ShaunDay PattersonProvence #TelferMine #GoldMining #CopperProduction #ExplorationUpdate #MiningInvestments #AustralianMining