Company: Great Western Exploration

Great Western Exploration (ASX:GTE)

WRITTEN BY Adam Drought

Great Western raising $3 million via placement

Great Western Exploration (ASX:GTE) is raising $3 million to fully fund its upcoming ‘high-impact’ exploration programs over the coming months across its suite of copper and gold projects in Western Australia. 

The $9.6 million market capitalisation company says exploration will include follow-up drilling at the Firebird Gold Project and a drilling program targeting De Grussa-style volcanic-hosted massive sulphide (VHMS) targets at the Fairbairn Copper Project. 

Other exploration activities are expected to be undertaken at the Oval and Oval South Winu Style intrusive-related copper-gold targets within the Yerrida North Copper-Gold Project. 

Great Western Exploration will raise the funds via a placement of 93.75 million new fully paid ordinary shares at $0.032 per share plus one listed option for every new share issued. 

Each option has an exercise price of $0.08 cents expiring on 15 July 2025. 

Euroz Hartleys and Peloton Capital will act as joint lead managers in respect of the placement. 

New shares are expected to rank equally with existing fully paid ordinary shares and will be issued across 2 tranches. 

As part of the placement, Great Western directors Shane Pike, Kevin Somes, Ross Williams, and Grey Egerton-Warburton will participate in tranche 2 of the placement. 

Great Western Exploration Managing Director Shane Pike says the company’s approach to its exploration programs has resulted in a ‘strong’ and ‘highly prospective’ portfolio of assets where it is hoping to make a ‘significant’ discovery. 

Great Western Exploration is a copper, gold, and nickel explorer focused on its land position in prolific regions of Western Australia. 

The company’s portfolio of projects are considered prospective for gold, copper, and copper-gold mineralisation. 

As of 30 September 2023, Great Western Exploration had $2.018 million cash and cash equivalents at hand, although is looking to add an additional $3 million through the aforementioned placement.

Write to Adam Drought at Mining.com.au

Images: Great Western Exploration
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.
WRITTEN BY Adam Drought

Great Western blazes into follow-up Firebird drilling

Great Western Exploration (ASX:GTE) has begun an ‘extensive’ phase two aircore (AC) drilling program at its Firebird Gold Project in Western Australia following the return of ‘significant’ results. 

Great Western will aim to extend mineralisation defined by a maiden reverse circulation (RC) drilling program at the project, which was designed to test a ‘large’ Ultrafine+ soil anomaly with an extent of 3.7km by 450m and anomalous reconnaissance AC results. 

The phase two drilling comprises 82 drillholes for 8,400m of drilling and is scheduled to be wrapped up before the end of December this year. 

The company notes ‘significant’ RC results from a maiden RC program are open up to 2km along strike and are interpreted to have tested the fringes of a potentially ‘major’ gold system.

Key results included hole 23FBRC008 with 1m @ 16.8 grams per tonne (g/t) Au from 50m; and hole 23FBRC003 with 1m @ 2g/t Au from 70m.  

The $10.10 million market capitalisation company says the phase two drilling program marks a ‘crucial’ phase in defining potentially ‘major’ gold mineralisation at Firebird. 

Great Western Exploration is a copper, gold, and nickel explorer with a ‘world-class’ land position in prolific regions of Western Australia which contains projects that have been under or virtually unexplored. 

The company’s Firebird project sits in the Youanmi Greenstone Belt and is wholly owned by Great Western Exploration. The project is adjacent to its joint venture (JV) project with Dynamic Metals (ASX:DYM). 

As of 30 September 2023, Great Western Exploration had $2.018 million cash and cash equivalents at hand, according to its latest quarterly report.

Write to Adam Drought at Mining.com.au

Images: Great Western Exploration
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.
  • 08 November, 2023
WRITTEN BY Adam Drought

Great Western hunts for more gold at Yandal

Great Western Exploration (ASX:GTE) is planning a follow-up drilling program at its Yandal West Project in Western Australia after posting ‘high-grade’ gold results from the area.  

The $10.10 million market capitalisation company says the results come from a ‘proof-of-concept’ drilling program comprising 4 drillholes along the Barwidgee Fault at Yandal West, and they demonstrate the potential for a ‘large’ gold system. 

Great Western reports ‘significant’ results include hole 23YWRC023 with 4m @ 9 grams per tonne (g/t) Au from 39m and 7m @ 1.02g/t Au from 23m.  

The company says assay results are open up to 2km to the south and 650m to the north from the drillhole. 

Great Western also completed drilling on both the Jewel and Golden Orb electromagnetic (EM) targets in the south of Yandal West and encountered a 10m intercept of massive sulphide in hole 23YWRC021, as well as disseminated sulphides in hole 23YWRC020 at the EM plate which verified the anomalies. 

However, no significant base or precious metal results were returned from either of the holes.

Great Western will now move forward with follow-up drilling at the Barwidgee Fault, which will focus on the area directly along-strike to the north and south of hole 23YWRC023. Follow-up drilling is scheduled to be completed in H1 2024. 

Great Western Exploration is a copper, gold, and nickel explorer with a ‘world-class’ land position in Western Australia. 

The company’s Yandal West Project lies within the Yandal Greenstone Belt about 55km north of the Bronzewing mine and 60km south of the Jundee Gold mine. 

Great Western Exploration had $2.018 million cash and cash equivalents at hand as of 30 September 2023, according to its latest quarterly report.

Write to Adam Drought at Mining.com.au

Images: Great Western Exploration
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.
  • 18 October, 2023
WRITTEN BY Aaliyah Rogan

Great Western gears up for further WA drilling

Great Western Exploration (ASX:GTE) has outlined multiple follow-up drilling programs to be conducted towards the end of this year across its Western Australian portfolio. 

Pending access approvals, the $10.61 million market capitalisation company plans to drill 3 ‘large’ DeGrussa-style copper targets during December 2023 at the Fairbairn Base Metal Project in Western Australia. 

In September, Great Western conducted a fixed-loop electromagnetic (FLEM) ground survey program at Fairbairn that aimed to refine previously reported heliborne EM targets. This survey work outlined the three targets for the December drilling.

Before drilling begins at Fairbairn, Great Western plans to conduct a follow-up drilling program in November at its Firebird Gold Project, also in Western Australia. 

As previously announced, this program will be following up on reverse circulation (RC) drill assay results received from Firebird, including hole 23FBRC008 with 1m @ 16.8g/t Au from 50m; and hole 23GBRC003 with 1m @ 2.00g/t Au from 70m. 

Drilling is open up to 2km between the broad-spaced aircore drilling at Firebird, with results interpreted to have tested the fringes of a major gold mineralised system. 

The company is also in the process of completing access approvals for drilling at the Yerrida North Project. Through the drilling, Great Western plans to follow up on 2 previously highlighted ‘giant’ copper-gold targets, dubbed Oval and Oval South. 

Great Western Exploration is a copper, gold, and nickel explorer, focused on its land position in Western Australia. 

As of 30 September, Great Western had $2.018 million cash and cash equivalents at hand, according to its latest quarterly report.

Write to Aaliyah Rogan at Mining.com.au 

Images: Great Western Exploration
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Written By Aaliyah Rogan
Relocated from the East Coast in New Zealand to Queensland Australia, Aaliyah is a fervent journalist who has a passion for storytelling. When Aaliyah isn’t writing stories, she is either spending time with friends and family or down at the beach.
WRITTEN BY Adam Drought

Great Western flags new drill targets 

Copper, gold, and nickel explorer Great Western Exploration (ASX:GTE) has uncovered 3 large DeGrussa-style copper targets at its Fairbairn Project in Western Australia. 

The $10.61 million market capitalisation company says these targets were uncovered by a fixed-loop electromagnetic (FLEM) ground survey program, which confirmed the targets are isolated and discrete bedrock conductors. 

Great Western believes these targets are related to sulphide mineralisation with geological mapping and modelling data indicating the conductors represent blind DeGrussa-style volcanic-hosted massive sulphide targets. 

The conductors were modelled between only 80-190m below surface, positioned along a government-mapped contact between a siltstone-shale and boulder conglomerate-sandstone units of the Yelma Formation within the Earaheedy basin.

The company notes it plans to drill test these targets in November this year once final access approvals are in place. 

Great Western Exploration is an explorer with a world-class, large land position in prolific regions of Western Australia that have been underexplored or virtually unexplored. 

The company’s wholly-owned Fairbairn project is located within the Earaheedy Basin and is considered prospective for base metals mineralisation. 

The project is situated near the northern boundary of the Yilgarn Craton about 900km northeast of Perth.

Great Western Australia had $3.021 million cash and cash equivalents at hand as of 30 June 2023, according to its latest quarterly report. 

Write to Adam Drought at Mining.com.au

Images: Great Western Exploration
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.
  • 20 September, 2023
WRITTEN BY Carolyn Rebeiro

Great Western on the fringe of a ‘potentially large gold system’

Great Western Exploration (ASX:GTE) believes it has only ‘scraped’ a potentially large gold system during its maiden RC drilling program at the Firebird Project in WA. MD Shane Pike says there’s ‘plenty of real estate’ that could be ‘potentially hiding an orebody’ as infill aircore drilling gets underway.

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Written By Carolyn Rebeiro
Joining Mining.com.au from the West Coast, finance presenter Carolyn began her journalism degree in Townsville and developed a passion for mining news after a FIFO stint in WA's Goldfields.
  • 19 September, 2023
WRITTEN BY Adam Orlando

Great Western to launch Firebird follow-up drilling

Copper, gold, and nickel explorer Great Western Exploration (ASX:GTE) will imminently launch follow-up drilling to test what it interprets to be a large gold mineralised system at the company’s Firebird Gold Project.

The company, which today (19 September 2023) released the results of the maiden reverse circulation (RC) drilling program, says follow-up drilling will target extensions to the north, south and below intercepts recorded from drillholes 23FBRC008 and 012.

Follow-up drilling is planned to begin immediately upon drill contractor availability.

Firebird is 2.5km west of Western Gold Resources’ Gold Duke Project which contains several Mineral Resources reported to JORC 2012 standard, demonstrating what the company says is the fertility and economic potential of the greenstone sequence.

The completed maiden RC drilling program at Firebird targeted a large (3.7km x 450m) soil anomaly and following up anomalous aircore drill results.

Previous aircore drilling confirmed soil anomalism as insitu, with mineralisation hosted by Archean Greenstone, host to the majority of Western Australian’s gold deposits.

Several significant gold assays were received from the maiden RC program which included 1m @ 16.8g/t Au from 50m (23FBRC008); 1m @ 2.00g/t Au from 70m (23FBRC003); 2m @ 1.95g/t Au from 125m (23FBRC008); and 1m @ 1.38g/t Au from 70m (23FBRC008).

The majority of significant intercepts were recorded clustered at the southern extent of the higher tenor soil anomalism.

Drillhole 23FBRC008 recorded multiple significant and anomalous gold results, which the Company interprets has tested the fringes of a potentially large gold mineralised system.

Mineralisation at this location is open 400m to the north of 23FBRC008 to hole 23FBRC004 (Figure 4), and significantly, up to 2km to the south to the mineralised drill intercepts of 23FBRC012.

Write to Adam Orlando at Mining.com.au

Images: Great Western Exploration
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Written By Adam Orlando
Mining.com.au Managing Editor Adam Orlando has more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris (formerly Mergermarket). Adam has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.
  • 02 August, 2023
WRITTEN BY Aaliyah Rogan

Great Western Exploration soars into further drilling within Atley North Project in WA

Great Western Exploration (ASX:GTE) has begun drilling at the Angus target within its Atley North Project after completing a bout of exploration at the Firebird Gold Project in Western Australia. 

The $14.51 million market capitalisation company says its reverse circulation (RC) drill rig has moved to the Angus target from the Firebird Project to test a soil anomaly in the area.  

Great Western says the drilling is designed to test the anomalies below shallow colluvial cover. The RC drilling is set to be completed in early August 2023. 

The Angus target is a 950m by 450m Ultrafine+ soil anomaly with bedrock obscured by colluvium cover, presenting a prospective blind potentially Archean Greenstone target. 

Great Western began drilling at Firebird on 24 July 2023 and notes ‘positive’ results from the program will guide a more extensive drill program, infilling the broad-spaced aircore drilling across the ‘large’ soil anomaly at the target.

All up, the company drilled for 1,700m at the Firebird Gold Project

The Firebird Gold Project is located within the Youanmi Greenstone Belt, while the Atley North Project is located along the Youanmi Shear, which hosts nearby gold deposits. 

Great Western Exploration is a copper, gold, and nickel exploration company, focused on its land position in prolific regions of Western Australia.

Write to Aaliyah Rogan at Mining.com.au

Images: Great Western Exploration Ltd
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Written By Aaliyah Rogan
Relocated from the East Coast in New Zealand to Queensland Australia, Aaliyah is a fervent journalist who has a passion for storytelling. When Aaliyah isn’t writing stories, she is either spending time with friends and family or down at the beach.
  • 25 July, 2023
WRITTEN BY Carolyn Rebeiro

Great Western Exploration Blazes Trail at Firebird Gold Project

Great Western Exploration (ASX:GTE) has kicked off reverse circulation drilling at its Firebird Gold Project in Western Australia to further test a large soil anomaly. The area was untested before the company’s initial aircore drilling program that confirmed the anomaly was in situ, with mineralisation hosted by Archean Greenstone rock units, which host most of Western Australia’s gold deposits.

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Written By Carolyn Rebeiro
Joining Mining.com.au from the West Coast, finance presenter Carolyn began her journalism degree in Townsville and developed a passion for mining news after a FIFO stint in WA's Goldfields.
  • 24 July, 2023
WRITTEN BY Aaliyah Rogan

Great Western Exploration ignites drills at Firebird Gold Project, WA

Great Western Exploration (ASX:GTE) has officially begun a follow-up reverse circulation (RC) drill program at its Firebird Gold Project in Western Australia. 

The $10.61 million market capitalisation company’s follow-up program will test a ‘large’ soil anomaly that spans 3.7km by 450m, with no previous drill testing done in the area prior to exploration completed by Great Western. 

Great Western expects this program to be completed in early August 2023. 

This program’s results will help Great Western design an ‘extensive’ drill program infilling the broad-spaced aircore drilling across the soil anomaly. 

This program’s results will help Great Western design an ‘extensive’ drill program infilling the broad-spaced aircore drilling across the soil anomaly

The Firebird Gold Project is located within the Youanmi Greenstone Belt, which comprises the company’s wholly owned tenure. 

Great Western Exploration is a copper, gold, and nickel exploration company with assets located in Western Australia. The company says its tenements have been under or virtually unexplored. 

On 30 June 2023, the company had $3.021 million cash and cash equivalents at hand, according to its latest quarterly report published on 21 July 2023.

Write to Aaliyah Rogan at Mining.com.au 

Images: Great Western Exploration Ltd
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Written By Aaliyah Rogan
Relocated from the East Coast in New Zealand to Queensland Australia, Aaliyah is a fervent journalist who has a passion for storytelling. When Aaliyah isn’t writing stories, she is either spending time with friends and family or down at the beach.
  • 05 July, 2023
WRITTEN BY Adam Drought

Great Western Exploration flags ‘encouraging’ new assays from Firebird Gold Project, WA

Multielement explorer Great Western Exploration (ASX:GTE) has received ‘encouraging’ assays from a recent aircore (AC) drilling program at its Firebird Gold Project in Western Australia. 

The company says the results validate the ‘large’ 3.7km x 450m Ultrafine+ soil anomaly at the project and confirm the soil anomalism is in situ. 

Great Western reports drilling intersected ‘highly’ weathered archean greenstone volcanic sediments and mafic units, generating results up to 2m @ 1.2 grams per tonne (g/t) gold from a ‘very broad’ spaced program of 400-800m x 25m. 

Other key results include hole GFB047 with 2m @ 0.88g/t Au from 2m and hole GFB031 with 2m @ 0.88g/t Au from 48m. 

The results were generated from 3,040m of AC drilling designed to test the ‘large’ soil anomalism at Firebird, and Great Western says they warrant follow-up reverse circulation (RC) drill testing in the area, with planning underway to commence this work before the end of July. 

This program is expected to focus on the anomalous results returned as well as to test along the defined soil anomalism between the broad-spaced aircore drill lines. 

Great Western Exploration is a copper, gold, and nickel explorer with a ‘world-class’ land position in ‘prolific’ regions of Western Australia. The tenements owned by Great Western within this region are noted to have been underexplored or virtually unexplored. 

The company’s Firebird Gold Project is located within the Youanmi Greenstone Belt and comprises wholly owned Great Western tenure. The project is situated adjacent to the company’s Joyners Project joint venture (JV) with Dynamic Metals (ASX:DYM).

Write to Adam Drought at Mining.com.au

Images: Great Western Exploration Ltd
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.
WRITTEN BY Harry Mulholland

Great Western Exploration advances towards a brine resource at Lake Way Potash Project in WA

Great Western Exploration (ASX:GTE) is progressing towards a brine resource at its Lake Way Potash Project in Western Australia after identifying a major paleochannel through a passive seismic survey.

The company believes the magnitude of the paleochannel presents an opportunity for Great Western to unlock a project of ‘significant’ shareholder value.

The company believes the magnitude of the paleochannel presents an opportunity for Great Western to unlock a project of ‘significant’ shareholder value

Great Western reports the passive seismic survey is a downstream continuation of Salt Lake Potash’s (ASX:SO4) Lake Way Potash development project, extending southeast through the entire 60km of Great Western’s 100% owned tenure.

Previously completed testwork indicates that the potash brine within the basalt sands of the paleochannel remains ‘high-grade’ as it enters Great Western’s project area.

Great Western reports it is retaining the services of hydrogeologist KH Morgan from KH Morgan and Associates on a consulting basis to continue working with the company to advance the project towards a brine resource to equivalent standards as the JORC 2012 Code, which will allow the company to progress to a Prefeasibility Study (PFS).

Additionally, the company says it has renewed the 26D water licences that were set to expire on 23 June 2023 for a further 2 years to May 2025. This licence allows up to 50 exploration bores to be drilled and for Great Western to undertake sampling and test pumping of bore capability at Lake Way.

Great Western Exploration is a nickel, copper, and gold explorer focused on its assets in Western Australia. These projects include the Fairbairn, Yerrida, Atley, Calyerup, Forrestania Joint Venture (JV), Yandal West/Lake Way, and Weld Spring projects.

The Lake Way Potash Project is located about 50km southeast of Wiluna and adjoins Australian potash exporter SO4’s potash development project.

Write to Harry Mulholland at Mining.com.au

Images: Great Western Exploration Limited
Written By Harry Mulholland
Hailing from the Central Coast region of NSW, Harry is a passionate journalist with a background in print, radio and ESG news. When not bashing away on his keyboard, he can be found brewing a coffee or playing with his dog.
WRITTEN BY Aaliyah Rogan

Western Gold Resources seeks approvals for drill testing at Gold Duke Project, WA

Exploration company Western Gold Resources (ASX:WGR) is seeking approvals for drill testing on gold-anomalous zones uncovered at its Gold Duke Project in Western Australia. 

The company says it has prioritised the Prince Ivan prospect in the area for exploration, with geological mapping to be conducted to further refine the areas planned for drilling work scheduled to start in Q2 2023. 

The company is planning to follow up on prospective geochemical anomalies at Prince Ivan with extensional Ultra Fine Fraction (UFF) soil sampling to the south. 

Western Gold reports this planned sampling follows the identification of a 1.6km-long anomaly at the Top Knot shear within the Prince Ivan area, where gold geochemistry has revealed a clear, well-constrained, 200m-wide anomaly.

The company says the anomaly is associated with the Comedy King Fault, along with a series of fault slays on the western margin of the Joyners Find Greenstone belt, located 30km southwest of Wiluna in Western Australia. 

Commenting on the discovery and upcoming exploration, Western Gold Resources Managing Director Warren Thorne says: “The discovery of the gold anomaly at Prince Ivan is extremely exciting for the exploration team as it confirms the target generation approach being used at the project. 

“…to discover an anomaly of this size and tenor provides continued belief in the project to deliver additional mineral resources”

Prior to WGR, no exploration had been completed on the western margin of the Joyner Find Shear zone, so to discover an anomaly of this size and tenor provides continued belief in the project to deliver additional mineral resources. 

Its location adjacent and along strike to Great Western Exploration’s (ASX:GTE) Firebird prospect that is currently being drilled indicates we could be dealing with a newly discovered regional mineralised corridor. 

WGR has prioritised exploration at this exciting project, which will include geological and structural modelling, plus drill testing of these gold anomalous zones once approvals are in place.”

Western Gold reports its Gold Duke Project contains a combined Mineral Resource Estimate (MRE) of 4.57 million tonnes at 2g/t Au for 293,000 ounces Au.

Western Gold Resources is an ASX-listed company that wholly owns the Gold Duke Project, which is a ‘highly’ prospective brownfields gold project, located west of Wiluna in Western Australia’s midwest. 

Images: Western Gold Resources Ltd
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Written By Aaliyah Rogan
Relocated from the East Coast in New Zealand to Queensland Australia, Aaliyah is a fervent journalist who has a passion for storytelling. When Aaliyah isn’t writing stories, she is either spending time with friends and family or down at the beach.
WRITTEN BY Harry Mulholland

Great Western Exploration defines nickel-copper targets at Fairbairn Project, WA

Great Western Exploration (ASX:GTE) has defined new nickel-copper targets through a helicopter-borne electromagnetic (EM) survey completed in January 2023 at the Fairbairn Nickel-Copper Project in Western Australia.

The company reports an interpretation of the EM survey data has identified 7 targets, and defined plates with ‘significant’ lateral extents measuring up to 900m along the plate’s length.

These plates sit below the government mapped and modelled sedimentary rocks of the Earaheedy Basin, with basement interpreted to be mafic, and ultramafic rocks of Archean Greenstone Terrain, which is considered prospective for magmatic nickel-copper deposits.

Great Western reports magnetic highs supports a greenstone basement interpretation, and legacy drilling completed in the 1990s intersected mafic and ultramafic rocks below basin cover which returned anomalous results in hole M017 with 20m @ 1,214ppm Ni from 28m.

A review of government open file data found that holes M105 and DH8, which were both completed in the 1990s intersected ultramafic rocks with quartz-calcite veins and copper-sulphide mineralisation, which are adjacent to 2 modelled EM plates. No assays were available for this interval.

The company says these drilled intercepts potentially represent distal mineralisation from a mineralised source, making modelled EM conductor plates a ‘highly compelling’ target.

Great Western reports it has prioritised further exploration at Fairbairn which will include field inspections, and ground EM surveys to delineate the interpreted EM conductor plates for targeted drill testing.

Great Western Exploration is a copper, gold, and nickel explorer that holds a ‘large’ land position across regions of Western Australia. The company’s portfolio includes the Fairbairn, Yerrida, Weld Spring, Atley, Yandal West-Lake Way, Calyerup, and Forrestania Joint Venture (JV) projects.

Images: Great Western Exploration Limited
Written By Harry Mulholland
Hailing from the Central Coast region of NSW, Harry is a passionate journalist with a background in print, radio and ESG news. When not bashing away on his keyboard, he can be found brewing a coffee or playing with his dog.
WRITTEN BY Adam Drought

Great Western Exploration uncovers potential to extend mineralisation at Harris’ Find in WA

Great Western Exploration (ASX:GTE) has received assays which demonstrate potential to extend known mineralisation following a reverse circulation (RC) drilling program at the Harris’ Find deposit within its Yandal West Project in Western Australia. 

The company says results, generated by a phase two RC drilling program, demonstrate predominantly narrow low-grade intervals of mineralisation from within the targeted mineralised structure. 

However, despite the low-grade results assays confirm that the targeted mineralised structure is open 3km to the north from Harris’ Find along the Barwidgee Fault, which has returned previously reported anomalous rotary air blast (RAB) drilling results and ‘high-grade rock-chips along strike. 

Great Western Exploration notes all RC holes completed intersected the targeted mineralised structure and will now move forward with re-ranking of the project alongside other projects/targets within its portfolio. 

Drilling was completed in January 2023 and was designed to extend ‘high-grade’ mineralisation below and along strike of previously announced ‘significant’ drill intercepts

Drilling was completed in January 2023 and was designed to extend ‘high-grade’ mineralisation below and along strike of previously announced ‘significant’ drill intercepts. 

The company also notes these results have been delivered following the completion of an ‘extensive’ airborne gravity gradiometry survey over its Yerrida North Joint Venture (JV) Project alongside partner Sandfire Resources (ASX:SFR), as announced by the Great Western in last month.  

Great Western reports the gravity survey was conducted to provide a breakthrough in understanding of fault displacement of prospective basin units, potentially identifying new targets including obscured and blind deposits. Interpretation of the data was anticipated to be completed by early-March 2023.

Great Western Exploration is an ASX-listed copper, gold and nickel exploration company with a large land position across ‘prolific’ regions of Western Australia. It is reported tenements held by the company are underexplored or virtually unexplored, however numerous field work programs across multiple projects are currently ongoing. 

The company reports it is well-funded with a tight capital structure, which provides leverage upon exploration success. 

Great Western’s Yandal West project is located within the ‘world-class’ Yandal Greenstone Belt about 55km north of the Bronzewing Gold Mine and 60km south of the Jundee Gold Mine. The company currently holds a 100% interest in tenement E53/1369, with an additional 80% interest in tenements E53/1612 and E53/1816. 

Other assets included in the company’s exploration portfolio include the Firebird Gold, Golden Corridor, Fairbairn, Yerrida South, and Yerrida North JV projects.

Images: Great Western Exploration Limited
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.
WRITTEN BY Harry Mulholland

Great Western Exploration enhances prospectivity through geophysical data at Firebird Gold Project in WA

Multi-element exploration company Great Western Exploration (ASX:GTE) reports further interpretation of geophysical data has ‘greatly enhanced’ the prospectivity of gold anomalism at the Firebird Gold Project in Western Australia.

The company says it has come to this conclusion with an interpretation of magnetic data finding potential preferential mineralisation of individual units within the Archean Greenstone.

Previously reported Ultrafine+ soil sampling extended the gold anomalism at the project, defining broad gold anomalous zones of 3.7km by 450m wide, which Great Western Exploration notes is indicative of a large zone of mineralisation previously untested.

Great Western reports the anomalism follows a north-west trend, which is consistent with government geological mapping of the Youanmi Greenstone Terrain. The company interprets that mineralisation is potentially preferentially hosted by units within this greenstone sequence.

Interpretation of magnetic and gravity data found gold anomalism aligned with discrete magnetic trends, potentially indicative of an individual volcanic rocks unit within the greenstone package. The company also notes this unit may be preferentially gold mineralised, with a higher-tenor zone within the broad anomalism aligning well with this ‘subtle’ elevated zone of magnetism.

Great Western interprets this anomalism to be coincident with the subtle magnetic trends, and reports it will ‘significantly’ enhance exploration targeting, as well as possibly fast-tracking a new gold discovery. The company says it has prioritised drill testing for this project, with drill dates to be advised.

Great Western Exploration is a copper, gold, and nickel explorer with a portfolio of projects across Western Australia. These projects include the Fairbairn, Firebird, Yerrida, Weld Spring, Atley, Yandal West-Lake Way, Calyerup, and Forrestania Joint Venture (JV) projects.

The Firebird Gold Project is located within the Youanmi Greenstone Belt, and is 2.5km west of Western Gold Resources’ (ASX:WGR) Gold Duke Project.

Written By Harry Mulholland
Hailing from the Central Coast region of NSW, Harry is a passionate journalist with a background in print, radio and ESG news. When not bashing away on his keyboard, he can be found brewing a coffee or playing with his dog.