Greatland Gold plc provides an update on the Havieron gold-copper project in Western Australia. The main decline of the project has surpassed 1,840 meters and has progressed through improved ground conditions. Greatland notes that Newcrest Mining Ltd's annual statement of resources and reserves restates the previously released statement for Havieron. Over 80,000 meters of growth drilling has been completed since the last mineral resource estimate (MRE) in March 2022. The work to incorporate these drill results into an updated Havieron MRE is in progress, with completion expected in the December 2023 quarter. Greatland has also released an updated 3D model of the Havieron project on its website.
Greatland Managing Director, Shaun Day, stated that the underground development at Havieron is progressing well and they are working towards the publication of an updated MRE. The company aims to complete and announce the updated MRE in the December 2023 quarter.