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Great Western Exploration (ASX:GTE) outlines major upcoming WA drilling plans

Mining
ASX:GTE      MCAP $21.22M
18 March 2021 02:00 (AEST)
Great Western Exploration (ASX:GTE) - Executive Chairman, Kevin Somes (right)

Source: Kalgoorlie Miner

Great Western Exploration (GTE) is gearing up to kick off some major drilling programs across its Western Australian project portfolio.

The junior gold and copper explorer outlined its drilling plans over the coming weeks and months, slated to begin next week with the Finlayson Gold Target in the wider Golden Corridor Project.

This project lies across the northern extension of WA’s Wiluna greenstone belt, with the Finlayson target in the northeastern corner of the project.

Great Western said it plans to kick off a reverse circulation (RC) drilling program at the target next week. According to the company, the Finlayson target has the potential to be a camp-scale discovery.

Once the Finlayson drilling is complete, Great Western will move on to an RC program at the Golden Bullock gold target, which is part of the Atley North Gold Project.

Atley North sits in the middle of the prolific Sandstone and Youanmi districts in WA. Great Western’s drill program at Golden Bullock is being designed to focus on a central mineralised corridor within the Golden Bullock anomaly.

Finally, Great Western will head to its Copper Ridge Project in the Yerrida Basin to drill the Copperhead and Taipan targets.

These two targets sit in a structurally complex area the GTE said provides a “perfect setting” for focussing mineralised fluids.

Copper Ridge will be drilled after Great Western has finished drilling at Golden Bullock.

“Great Western is very excited about the company’s drill programmes beginning within the next week at our large scale greenfields gold and copper targets,” GTE Managing Director Tom Ridges said.

“These targets are in unexplored or heavily underexplored terrane and are of a significant scale. We look forward to updating the market as the drilling programme progresses,” he said.

Great Western said while drilling is ongoing, it will progress several fieldwork programs across its projects, including geophysical surveys, soil and lag sampling, and reviews of historical data to create a targeting report.

Shares in Great Western closed grey this afternoon at 25 cents per share. The company has a $34 million market cap.

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