Greatland Resources posts record drilling and grades at Telfer

The Greatland Resources Ltd (ASX: GGP) share price is in focus today after releasing its December 2025 quarter report, highlighting a record 54,204 metres of drilling and highest ever grades from the West Dome Underground project.

What did Greatland Resources report?

• 54,204 metres drilled in the December quarter, contributing to 106,766 metres for FY26 H1.
• Exceptional West Dome Underground drilling: 55.3m @ 7.4g/t gold & 0.43% copper and 27m @ 9.3g/t gold.
• Resource growth and conversion drilling advancing mine life extension across Telfer open pit and underground.
• Milestone reached: 51% interest earned in the Paterson South project with Rio Tinto.
• Pleasing regional exploration results, including 8m @ 1.30g/t gold at Teague (Paterson South).

What else do investors need to know?

Greatland completed a record first half drilling program and remains on track for a 240,000 metre campaign at Telfer, the largest in the site’s history. Increased drill capability on site will support accelerated activity in the March quarter, including a maiden Mineral Resource Estimate at West Dome Underground.

Strong results across West Dome Open Pit, Main Dome Underground, and regional prospects (including Ernest Giles and Big Tree) continue to support the potential for multi-year life extensions at Telfer. The company also finalised a significant milestone at Paterson South, now managing a joint venture with Rio Tinto and planning for further exploration work.

What’s next for Greatland Resources?

Investors can expect an acceleration of drilling with increased capacity on site during the March 2026 quarter. Greatland targets a maiden Mineral Resource Estimate for West Dome Underground, alongside updates for Main Dome and West Dome Open Pit as new drill results are incorporated.

With strong progress at Telfer, a new JV stage at Paterson South, and continued exploration across Western Australia, Greatland is positioning for potential multi-year mine life extensions and growth in its gold and copper operations.

Greatland Resources share price snapshot

Over the past 12 months, Greatland Resources shares have risen 91%, significantly outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 4% over the same period.

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The post Greatland Resources posts record drilling and grades at Telfer appeared first on The Motley Fool Australia.

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Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.