Greatland reports on 'very promising' Telfer drilling
By Josh White
Date: Thursday 22 Jan 2026
(Sharecast News) - Greatland Resources said on Thursday that its record drilling and exploration programme at Telfer continued to deliver "very promising results" during the December quarter, underpinning the potential for a multi-year extension of the mine's life from both open pit and underground opportunities.
In its December quarter activities report, Greatland said it completed 54,204 metres of resource growth and conversion drilling at Telfer, broadly in line with the September quarter, taking first-half 2026 drilling to 106,766 metres.
The AIM-traded company said it remained on track to deliver its largest-ever annual drilling programme at Telfer, targeting around 240,000 metres in the 2026 financial year, with increased drill capacity on site expected to accelerate activity in the March quarter.
It said the West Dome Underground project was a key highlight, with 6,284 metres drilled across 11 holes during the quarter and assays received from a further 10 holes.
Greatland reported its highest-grade West Dome Underground intercept to date, including 55.3 metres at 7.4 grams of gold per tonne and 0.43% copper, alongside several other high-grade gold-copper intersections.
The firm said drilling continued to demonstrate that the mineral system is expanding to the south and remained open, with a maiden mineral resource estimate targeted for the March quarter.
At the West Dome Open Pit, Greatland completed more than 20,000 metres of resource growth drilling and nearly 19,400 metres of resource conversion drilling, improving geological confidence across both the stage seven and stage two cutback extensions.
The company said stage seven extension drilling was completed early in the quarter, allowing drill capacity to shift towards the larger, multi-year stage two extension opportunity, which had the potential to extend open pit operations beyond the 2028 financial year.
Main Dome Underground drilling totalled 7,756 metres across 86 holes, focused on near-mine resource conversion and growth targets.
The company said growth drilling confirmed and extended mineralisation at both ESC South and Kylo, with additional results supporting the potential for longer-term mine life extensions adjacent to existing underground infrastructure.
Beyond Telfer, regional exploration delivered encouraging results across the Paterson region and at the Ernest Giles project.
At the Paterson South farm-in, drill testing at the Teague prospect intersected gold mineralisation associated with pathfinder elements, while extension drilling at satellite deposits within trucking distance of the Telfer plant confirmed mineralisation down dip and along strike.
At Ernest Giles, first-pass testing of induced polarity anomalies returned anomalous gold mineralisation that remains open along strike and up and down dip.
"Our record 240,000 metre annual drilling programme at Telfer has continued to deliver very promising results in the December quarter, which strongly support the potential for multi-year Telfer life of mine extension from both open pit and underground opportunities," said managing director Shaun Day.
He added that the West Dome Underground project was "particularly exciting", noting that recent results included the highest gram-metre intercept recorded to date and that three diamond drill rigs were now operating at the project ahead of a maiden resource estimate expected in the March 2026 quarter.
At 1147 GMT, shares in Greatland Resources were down 2.59% at 650.2p.
Reporting by Josh White for Sharecast.com.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN