Great Western completes ‘crucial’ Firebird exploration phase

Great Western Exploration (ASX:GTE) has ticked off a ‘crucial’ exploration phase to define potentially ‘major’ gold mineralisation at its Firebird Project in Western Australia through phase two aircore drilling. 

The program comprised 83 holes for about 8,000m of aircore drilling, which followed up on ‘significant’ results from Great Western’s maiden reverse circulation (RC) drilling program, as previously reported.

Results are expected to be returned in February 2024. 

Through this recent aircore work, Great Western Exploration, which has a market capitalisation of $7.66 million, tested the southern strike extent and infill to the north of this zone. 

The company says as it anticipated, geological logging of the aircore holes recorded basalt, volcanic sediment, mafic/sedimentary schists, and banded iron formation rocks within an Archean Greenstone sequence. 

This is consistent with the geological units logged in the maiden RC program. 

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

Great Western Exploration is a copper, gold, and nickel explorer with a ‘large’ land position in prolific regions of Western Australia. 

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

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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.