Great Western Exploration (ASX:GTE) has announced the identification of Juggernaut, a highly prospective Volcanic Massive Sulphide Mineralisation (VHMS) copper-gold target within the Yerrida North Project. The target, located 70kms south-east of the DeGrussa and Monty Copper-Gold Deposits, was defined through field work programmes including geological mapping, surface sampling, and modelling. The company is commencing preparations for drilling this exciting copper-gold target, with a heritage clearance indicatively scheduled for November 2024.
The high prospectivity of the Juggernaut copper-gold target is evidenced by the confluence of coincident attributes, including geochemical anomalism, mapped geological units and associated textures, and modelled structural regime. These attributes are interpreted by the Company to have high potential for a VHMS type mineral system to be defined, similar to DeGrussa in the nearby Bryah Basin.
Great Western Exploration's identification of the Juggernaut VHMS copper-gold target within the Yerrida North Project presents a significant opportunity for the company. The target, defined by field work programmes, exhibits high prospectivity for a VHMS type mineral system, similar to the nearby DeGrussa deposit. The company is preparing for drilling the target, with heritage clearance indicatively scheduled for November 2024. The identified zoned lead-zinc to copper geochemical anomaly, geological mapping of sedimentary and volcanic rocks, and modelled structural setting all contribute to the high potential of the Juggernaut copper-gold target. This discovery aligns with the company's ambitions for exploration and development within the prolific regions of Western Australia, and it marks a key milestone in Great Western Exploration's corporate strategy for resource expansion and growth.