Great Western plans Fairbairn drilling

Great Western Exploration (ASX:GTE) has enlisted drilling contractor DDH1 to execute a phase one drilling program at its Fairbairn Copper Project in April.

Located 900km north-east of Perth, and 120km from Sandfire Resources’ (ASX:SFR) DeGrussa Copper-Gold Project, Fairbairn hosts 3 targets identified during fixed-loop electromagnetic (FLEM) and heliborne EM surveys last year.

Great Western, which has a market capitalisation of $21.92 million, says the targets have the potential to be “blind DeGrussa-style volcanic-hosted massive sulphide targets (VHMS).”

Planning for phase one of the drilling program is complete, which will comprise diamond holes at depths from 250m to 350m. 

A number of follow-up drillholes have also been designed and will be undertaken based on the results of the first phase. 

However, several ‘significant’ rainfall events have occurred in the region surrounding Fairbairn since the start of the year, with additional considerable rainfall recorded in the last fortnight. 

Access within the project is considered largely to have not been impacted; however, access to the project is via Mary Mia Station, where access roads are completely inundated and closed. 

Re-establishment of access to the project is anticipated to occur around the same time as drilling, in the last week of April 2024.

Great Western is also waiting to receive a native vegetation clearing permit from the Department of Mines, Industry Regulation and Safety (DMIRS), which the company expects to be granted shortly. 

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

As of December 2023, the company had just over $1.8 million in cash and cash equivalents at hand, according to its latest half yearly accounts. 

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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.