Greatland Outlines 'Exciting' High Grade Additions At Telfer -- Market Talk

Dow Jones
03/30

2322 GMT - Greatland's mineral resource update highlights the continued scale of the Telfer gold deposit, says MA Financial's Paul Hissey. "The inclusion of a maiden resource for West Dome Underground and extensions at Main Dome Underground outline exciting high-grade additions which can serve as a supplement to the base load low-grade open pit," says Hissey. Higher assumed prices also contribute to the upgrade, he says. "We think the inventory will grow as drilling continues in earnest, especially at the underground deposits," Hissey says. He adds that Greatland's tungsten resource at O'Callaghans "may be a useful option" but that it is less significant than the potential held within the miner's gold assets. MA has a sell rating and A$10.10 target on Greatland. Shares ended Friday at A$9.76. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

 

(END) Dow Jones Newswires

March 29, 2026 19:22 ET (23:22 GMT)

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