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Greatland Resources Limited (ASX:GGP)

ALERT: Price-sensitive ASX Announcement for GGP
Current share price for GGP : $10.030 0.27 (2.77%)+
Announcement
Release
30 Mar 2026 8:27AM
Price at Release
$9.760
Full Release
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Summary
The December 2025 Group Mineral Resource Statement by Greatland Resources Limited reveals significant mineral resource growth at their Telfer and Havieron projects. The mineral resource estimate includes a maiden resource for the high-grade West Dome Underground Project. Overall, the Telfer and Havieron mineral resources have grown to 14.9 million ounces of gold and 645,000 tonnes of copper. The Telfer mineral resource estimate alone increased by 4.8 million ounces to 8.0 million ounces, marking a 150% growth, with a low discovery cost of approximately $5 per ounce. The West Dome Open Pit mineral resource estimate grew by 2.8 million ounces to 4.9 million ounces, while the West Dome Underground project reported a maiden mineral resource estimate of 0.6 million ounces of gold. These expansions support an updated Ore Reserve Estimate targeted for June 2026. Greatland Resources is also focusing on advancing higher-grade opportunities at both the West Dome Underground and Main Dome Underground areas.
Key Points
  • The December 2025 Group Mineral Resource Estimate (MRE) includes a maiden resource for the high-grade West Dome Underground Project.
  • Telfer and Havieron MRE grows to 14.9Moz gold and 645kt copper.
  • Telfer MRE increases by 4.8Moz to 8.0Moz, with a 150% growth.
  • Measured and Indicated Resource growth at Telfer is 163% to 3.8Moz gold.
  • Low discovery cost for new resources at Telfer is approximately $5/oz.
  • West Dome Open Pit MRE grows by 2.8Moz to 4.9Moz.
  • West Dome Underground has a maiden MRE of 0.6Moz Au.
  • Telfer Stockpiles add 0.3Moz of gold.
  • Significant resource growth supports an updated Ore Reserve Estimate targeted for June 2026.
  • Greatland Resources is advancing higher-grade opportunities at West Dome Underground and Main Dome Underground.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.