Greatland’s Pinnacles Hit Points to Southward Extension of West Dome Underground

Greatland Resources ( (GB:GGP) ) just unveiled an announcement.

Greatland Resources has reported a significant exploration result at the Pinnacles prospect, located about 1.2km south of its West Dome Underground resource at Telfer. A 1,858m diamond drill hole intersected 58.7m at 6.5g/t gold and 0.1% copper, including 37m at 9.98g/t gold, indicating a substantial extension of the geological structure that hosts the existing underground mineralisation.

The new high-grade intercept lies roughly 1.5km from Telfer’s existing underground crusher and hoist, suggesting potential to expand resources near established infrastructure. Mineralisation remains open both north toward the current West Dome Underground estimate and south into untested ground, and Greatland plans wedge holes and further drilling between Pinnacles and West Dome to assess the scale and continuity of this emerging zone.

The most recent analyst rating on (GB:GGP) stock is a Hold with a £15.00 price target. To see the full list of analyst forecasts on Greatland Resources stock, see the GB:GGP Stock Forecast page.

Spark’s Take on GGP Stock

According to Spark, TipRanks’ AI Analyst, GGP is a Outperform.

The score is driven primarily by the strong FY2025 financial inflection (high profitability, improved cash generation, and very low leverage). Technicals also support the rating with a clear uptrend and positive momentum, though short-term overbought signals add some risk. Valuation further supports the score due to a low P/E.

To see Spark’s full report on GGP stock, click here.

More about Greatland Resources

Greatland Resources is an Australia-based mineral exploration and development company focused on gold and copper assets. The company’s portfolio includes the Telfer operation, where it is advancing the West Dome Underground project as part of its broader strategy to expand underground resources and leverage existing processing and hoisting infrastructure.

Average Trading Volume: 2,805,132

Technical Sentiment Signal: Buy

Current Market Cap: £5.24B

Learn more about GGP stock on TipRanks’ Stock Analysis page.