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.