Greatland Gold has announced the completion of its inaugural drilling program at the Paterson South project, located in the mineral-rich region of Western Australia. This initial phase was conducted as part of the agreement with Rio Tinto Exploration, a subsidiary of the global mining giant Rio Tinto.
The early results have yielded moderate signs of gold and copper. These findings emerged from drilling efforts focused on two primary targets deemed high-priority areas within the project’s scope. Although initial, the presence of these metals aligns with the region’s known geological potential.
By achieving this milestone, Greatland Gold has not only fulfilled but also exceeded the minimum requirements stipulated in the joint venture with Rio Tinto Exploration. The completion comes significantly earlier than the agreed-upon deadline, underscoring the company’s efficiency in advancing its exploration objectives.
As Greatland Gold and Rio Tinto Exploration continue to assess the viability of the Paterson South project, further analysis and exploration will aim to clarify the extent of mineralization and the potential for future resource development.
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