(MENAFN- ABN Newswire)
Great Western Exploration Limited (ASX:GTE) is pleased to provide its Quarterly Activities Report for the Quarter ended 31 March 2024 (March 2024 Quarter).
Key Points:
Fairbairn Project
- Great Western is set to drill three highly prospective targets defined at the Fairbairn Copper Project in WA; Drilling is expected to start in late April - early May
- Geological modelling suggests these compelling electromagnetic conductors represent potential DeGrussa-style copper-gold volcanic hosted massive sulphide deposits, with this style of mineralisation often occurring in clusters of deposits
- Phase one of the drill programme at Fairbairn will comprise diamond holes drilled to depths ranging from 250 to 350m. Follow up drill-holes have also now been designed and will be drilled based on success from the first phase of the programme
Oval and Oval South
- Further refinement of the geological model of the two potentially transformational Winu-style intrusive related copper-gold targets was completed
- Great Western interprets that Oval and Oval South's coincident geophysics anomalism, location on a major crustal mantle tapping fault intersected by a basin defining growth fault (that focuses mineralised fluids) and hosted by favourable stratigraphy, has significant potential for a major discovery to be made
- Oval and Oval South were originally defined by Rio Tinto in the late-1990s and further defined by Sandfire Resources
Firebird Gold Project
- Results from the phase 2 air core drilling programme were received; The results confirm a mineralised gold system at Firebird but were lower grade and deeper than anticipated
*To view the full Quarterly Report, please visit:
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Shane PikeManaging DirectorGreat Western Exploration LimitedTel: 08 6311 2852Email: ...
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