Greatland Resources posts record drilling and grades at Telfer

Greatland Resources hit record drilling metres and highest grades yet at Telfer in the December 2025 quarter, moving closer to extended mine life.

Laura Stewart

Author bio Laura Stewart is a Finance Editor at The Motley Fool, where she covers Australian and international equity markets. She joined the company in 2022, following a career transition from legal advisory work in Southeast Asia into the investment industry. Prior to her current editorial role, Laura spent three years as an Equity Analyst and Writer, producing investment research across the ASX, NYSE, and NASDAQ. Her coverage included small-cap growth companies, thematic investment ideas, and high-quality U.S.-listed businesses. Laura holds a Master of Applied Finance and brings additional expertise in accounting, taxation, and estate and wealth planning from her postgraduate studies. She also has a background in law and communications, which supports her analytical and reporting work in financial markets. Outside of work, she enjoys spending time in the Adelaide Hills with her flock of sheep. Education Laura holds a Bachelor of Laws, a Bachelor of Communication (Journalism), and a Bachelor of Commerce with majors in Accounting and Corporate Finance. In 2025, she completed a Master of Applied Finance at the University of Adelaide, receiving postgraduate awards in Accounting Concepts & Methods, Ethical Principles in Accounting & Finance, Real Estate Valuation & Investment, and Tax, Estate & Wealth Planning. Social media LinkedIn FYI – I am taking a break from social media at the moment, so this account isn’t active at the moment, but I will let you know when I rejoin. Favorite investment quote "Compound interest is the eighth wonder of the world. He who understands it, earns it... he who doesn't... pays it." — Albert Einstein

Published January 22, 9:21 am AEDT

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.

Young successful engineer, with blueprints, notepad, and digital tablet, observing the project implementation on construction site and in mine. — Image source: Getty Images

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.

View Original Announcement

Automatic Renewal

By taking up this offer, you will also be enrolled in our auto-renewal program, which is our way of making your ongoing subscription easier by ensuring uninterrupted service. Don't worry, though – you're not locked in, and can cancel your auto-renewal at any time before each 'anniversary' date without question or penalty.