LONDON (ShareCast) - (Sharecast News) - AIM-listed base metals exploration and development company Greatland Gold has recovered multiple pieces of gold in the first few days of fieldwork at its wholly-owned Black Hills licence in the Paterson region of Western Australia.
Greatland's field team began work at the Saddle Reefs area collecting rock chip samples and locating historical access on Monday and immediately confirmed that the area was "obviously prospective" with numerous indications of mineralisation in bedrock.

Gossanous samples collected from the outcrop and gold nuggets, also found within thin sand cover at the prospect, were both seen as being significant due to the short time field crews were active at the site

Primary gold mineralisation has also been located in bedrock where gold pieces in rock chip samples are present.

Only 150 metres of strike at Saddle Reefs has been covered, with the remaining several hundred metres to be traversed over the next week.

Gervaise Heddle, Greatland's chief executive officer, said, "We are very pleased by the rapid discovery and collection of gold from surface within days of the fieldwork commencing. These early results from Greatland's first and ongoing exploration campaign at Black Hills far exceed our initial expectations."

"We are currently reviewing a range of options to accelerate exploration at Black Hills and we look forward to providing a further update in due course," added Heddle.

As of 1220 BST, Greatland shares had soared 75.35% to 1.24p.

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