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Greatland Resources shares jump 13% after 150% resource boost at Telfer gold-copper mine.

Market News
01 Apr 2026
Proactive Investors
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Bullish
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Greatland Resources' shares rose 13% following a major update showing a 150% increase in the mineral resource at its Telfer gold and copper mine in Western Australia. The total resource now stands at 8 million ounces of gold, with a discovery cost of about $5 per ounce, and combined with the Havieron deposit, totals 14.9 million ounces of gold equivalent and 645,000 tonnes of copper. This expansion supports the long-term viability of the Telfer processing plant and underpins plans for a multi-decade mining hub. An updated ore reserve estimate is expected in Q2 2026, with ongoing drilling to upgrade resource confidence.

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