Newcrest reveals further high grade gold intercepts at Havieron

The Telfer site. Image: Newcrest Mining.

Newcrest Mining has released an additional 3366 metres of drilling results from its Havieron project, which is near the company’s Telfer mine in Western Australia.

Three drill holes have extended mineralisation by a further 100 metres to the north with results including high grade gold intercepts found in intercept HAD012 showing 7.9 grams per tonne at 43 metres and 0.83 per cent copper from 900 metres.

This also includes intercept HAD013 which returned 4.1 grams per tonne at 36 metres and 0.84 per cent copper from 481 metres.

To date, Newcrest has revealed that the Havieron drilling program has defined a series of higher-grade zones within a broad envelope of mineralisation.

Newcrest said despite the results to date being highly encouraging, the project was still in the early stages.

The company will continue a drilling program to confirm the continuity of mineralisation intercepted to date and to search additional zones of mineralisation.

Havieron is operated by Newcrest under a farm-in agreement with Greatland Gold and is centred on a deep magnetic anomaly 45 kilometres east of Telfer in the Paterson Province.

The target is overlain by more than 400 metres of post mineral cover with Newcrest having commenced drilling during the June 2019 quarter.

Four drill rigs are currently operational with a total of 6166 metres of drilling across six holes being completed to date, with a fifth drill rig due to commence this month.

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