Great Western set to drill first of several potentially company-making copper targets in WA
March 2024 Quarterly Activities Report
Perth, April 23, 2024 AEST (ABN Newswire) - Great Western Exploration Limited (
ASX:GTE) is pleased to provide its Quarterly Activities Report for the Quarter ended 31 March 2024 (March 2024 Quarter).
Key Points:
Fairbairn Project
- Great Western is set to drill three highly prospective targets defined at the Fairbairn Copper Project in WA; Drilling is expected to start in late April - early May
- Geological modelling suggests these compelling electromagnetic conductors represent potential DeGrussa-style copper-gold volcanic hosted massive sulphide deposits, with this style of mineralisation often occurring in clusters of deposits
- Phase one of the drill programme at Fairbairn will comprise diamond holes drilled to depths ranging from 250 to 350m. Follow up drill-holes have also now been designed and will be drilled based on success from the first phase of the programme
Oval and Oval South
- Further refinement of the geological model of the two potentially transformational Winu-style intrusive related copper-gold targets was completed
- Great Western interprets that Oval and Oval South's coincident geophysics anomalism, location on a major crustal mantle tapping fault intersected by a basin defining growth fault (that focuses mineralised fluids) and hosted by favourable stratigraphy, has significant potential for a major discovery to be made
- Oval and Oval South were originally defined by Rio Tinto in the late-1990s and further defined by Sandfire Resources
Firebird Gold Project
- Results from the phase 2 air core drilling programme were received; The results confirm a mineralised gold system at Firebird but were lower grade and deeper than anticipated
*To view the full Quarterly Report, please visit:
https://abnnewswire.net/lnk/RG648940
About Great Western Exploration Limited
Great Western Exploration (ASX:GTE) is an explorer with a world class, large land position in prolific regions of Western Australia. Great Western's tenements have been under or virtually unexplored. Numerous work programmes across multiple projects are underway and the Company is well-funded with a tight capital structure, providing leverage to exploration success.
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