March 2026 Group Ore Reserve Statement
| Stock | GGP.ASX (GGP.ASX) |
|---|---|
| Release Time | 29 Jun 2026, 8:29 a.m. |
| Price Sensitive | Yes |
Greatland Resources Announces March 2026 Ore Reserve Growth
- Group Ore Reserve grows by 62% to 5.0Moz
- Telfer Ore Reserve increases by 150% to 1.8Moz
- Havieron Ore Reserve remains unchanged
- Ongoing drilling and studies target further growth
- Significant Inferred Resources present potential for future reserve upgrades
Greatland Resources Limited has announced its March 2026 Group Ore Reserve Estimate, which shows a significant 62% increase to 5.0 million ounces of gold (Moz) and 196,000 tonnes of copper (kt Cu). The increase is primarily due to a 150% rise in the Telfer Ore Reserve to 1.8Moz, with the Havieron Ore Reserve remaining unchanged. The Telfer West Dome Open Pit Ore Reserve increased by 375% to 1.4Moz, while the Main Dome Underground Ore Reserve was confirmed at 0.2Moz. The company is continuing high-cadence drilling and studies to target further reserve growth, with substantial Inferred Resources identified that could be converted to Ore Reserves in the future. The March 2026 Group Ore Reserve is based on the December 2025 Mineral Resource Estimate and includes updates from ongoing drilling as at 31 March 2026.
Group Ore Reserve grows to 5.0Moz; Telfer Ore Reserve increases to 1.8Moz
Greatland Resources plans to continue high-cadence drilling and studies to target further reserve growth, with potential to convert Inferred Resources to Ore Reserves.