Greatland Gold PLC has released a block listing six monthly return, revealing details about its Employee Share Incentive Plan. The company reported a balance of 21,250,000 unallotted securities under the scheme, with no securities issued during the period. The balance under the scheme of securities not yet issued at the end of the period remains at 21,250,000. The announcement also includes contact information for further inquiries.
Greatland Gold PLC is a mining development and exploration company primarily focused on precious and base metals. Its flagship asset is the Havieron gold-copper project in the Paterson Province of Western Australia, discovered by Greatland and currently under development in a joint venture with Newmont Corporation. The project is located approximately 45km east of Newcrest's existing Telfer gold mine and has seen significant development progress, with the box cut and decline to the Havieron orebody commencing in February 2021.
The company highlighted that the total development at Havieron exceeds 3,060m, including over 2,110m of advance in the main access decline as of December 31, 2023. Greatland Gold PLC also mentioned that, subject to a positive feasibility study and Decision to Mine, Havieron is intended to leverage the existing Telfer infrastructure and processing plant, which would de-risk the development and reduce capital expenditure.
For further information, Greatland Gold PLC provided contact details for its Managing Director, Shaun Day, as well as its Nominated Advisor and Corporate Brokers. Additionally, the company listed media relations contacts for the UK and Australia.
This news release provides insight into Greatland Gold PLC's ongoing activities and its flagship project, the Havieron gold-copper project, showcasing the company's progress and strategic partnerships in the mining sector.