Great Western Exploration (ASX:GTE) expects to begin drilling the DeGrussa-style volcanic hosted massive sulphide at the Fairbairn Copper Project in March 2024.
The $11.48 million market capitalisation company is focusing its upcoming exploration efforts on Fairbairn and the Oval/Oval South Copper-Gold Project in Western Australia.
The $11.48 million market capitalisation company expects that drilling of the giant Winu style intrusive-related copper-gold Oval and Oval South targets is also scheduled for May 2024.
Great Western has received aircore (AC) drilling results from the phase two program at the Firebird Gold Project in Western Australia, as this news service previously reported.
Some of the ‘notable’ results include hole GFB087 with 6m @ 1.05 grams per tonne (g/t) gold (Au) from 124m and hole GFB117 with 2m @ 1.18g/t Au from 76m.
The company reports these results were returned adjacent to ‘significant’ results from hole 23FBRC008 and along strike to the south of this hole that was open up to 2km prior to completing the phase two AC drilling program.
These results were returned from a broadly anomalous, more than 30 parts per billion gold, and continuous zone of gold mineralisation.
Great Western Exploration is a copper, gold, and nickel explorer focused on its assets in Western Australia.
As of 31 December 2023, the company had $1.817 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
