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Greatland Gold said that more gold nuggets had been located at its Panorama project in the Pilbara region of Western Australia state.
The nuggets were located over an area of 900 metres by 200 metres during field reconnaissance activities, helping to extend the mineralised trend of the project to 6.1 kilometres from 4.3 kilometres.
'The discovery of a new, additional zone of gold nuggets is evidence of the growing scale of Panorama and further strengthens our belief in the project,' chief executive Gervaise Heddle said.
'The successful fundraise earlier this month has given us greater flexibility to accelerate exploration programmes of exciting projects such as Panorama.'
'While still at a very early stage, the increase in scale of the mineralised trend at Panorama fits directly into our strategy to identify and progress potential tier one projects.'
At 1:59pm: (LON:GGP) Greatland Gold PLC share price was +0.1p at 1.8p