Great Western Exploration Limited (ASX:GTE) Drilling Completed At Fairbairn Copper Targets

6/10/2024 11:54:16 PM

(MENAFN- ABN Newswire)

Great Western Exploration Limited (ASX:GTE) advises that it has completed drilling at the Fairbairn Copper Project, located 900km north-east of Perth in Western Australia (Figure 1*).
Key Points
- Great Western has completed a drilling programme that tested three fixed-loop electromagnetic (FLEM) conductor targets, spaced between two to four kilometres apart, at the Fairbairn Copper Project in Western Australia
- Drilling of the EM conductors at the modelled depths intersected graphitic shales and disseminated pyrite. The Company interprets these units to be responsible for the FLEM conductor response. While samples have been submitted for assaying, it is anticipated that significant copper results will not be received from the trace chalcopyrite intercepts recorded
- Deep-sea turbidite sedimentary rocks and mafic and bimodal volcanic rocks similar to the host geology of the DeGrussa Copper VHMS Deposit were intersected, validating the geological environment targeted
- The alteration style of sections of the turbidite sequence and presence of trace chalcopyrite (Great Western Exploration (ASX:GTE) is a copper, gold and nickel explorer with a world class, large land position in prolific mining regions of Western Australia. Great Western's tenements have been underexplored or virtually unexplored. We have numerous field work programs across multiple projects currently underway and are well-funded with a tight capital structure, providing leverage upon exploration success.

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Shane Pike Managing Director Great Western Exploration Limited Tel: 08 6311 2852 Email: ... Paul Armstrong Investor and Media Relations Read Corporate Email: ...

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