| Announcement Date: | 2022-02-21 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Great Western Exploration Ltd. |
| Project name: | Yerrida South |
| Location: | Australia |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 1m @ 0.2g/t Ag, 0.02g/t Au, 0.19% Cu from 40m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Assay results have now been received from Great Western’s (ASX: GTE) (“Great Western” or “the Company”) maiden RC drilling programme undertaken at the Thunder Copper-Gold Target in December 2021. The Thunder Gold Target is located within the southern portion of the Yerrida Basin and is approximately 45km west northwest of Wiluna (Figure 1). The drilling at Thunder intersected broad zones of hematite and silica pyrite alteration (“alteration”) within a package of shales and siltstones. The drilling did not intersect ore grade material, only minor anomalous copper and silver at shallow depths (The Yandal West Project is located within the world class Yandal greenstone belt, approximately 55km north of the Bronzewing gold deposit and 60km south of the Jundee gold mine, GTE 100% (E53/1369) and GTE 80% (E53/1612 & E53/1816). During the December 2021 Quarter, six high priority EM anomalies were defined by Great Western and its consultants Newexco from the Xcite™ helicopter time-domain electromagnetic (HTDEM) survey (refer Great Western announcement dated 25 October 20212). |
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