Great Western Exploration (ASX: $GTE) Quarterly Activities Report

Great Western Exploration Limited (ASX: $GTE) has released its Quarterly Activities Report for the Quarter ended 31 March 2024. The company is set to drill three highly prospective targets at the Fairbairn Copper Project in WA, with drilling expected to start in late April - early May. Geological modelling suggests these targets represent potential DeGrussa-style copper-gold volcanic hosted massive sulphide deposits, often occurring in clusters of deposits. Additionally, further refinement of the geological model of the Oval and Oval South targets has been completed, indicating significant potential for a major discovery to be made.

Executive Commentary

The upcoming drilling programme at the Fairbairn Copper Project and the Oval and Oval South targets represents a significant milestone for Great Western Exploration. We are excited about the potential of these targets, supported by extensive geophysics and geological modelling. The company is committed to unlocking the value of its assets and looks forward to updating shareholders with further developments.

Summary

Great Western Exploration (ASX: $GTE) is poised to commence drilling at the Fairbairn Copper Project and the Oval and Oval South targets, with the aim of testing highly prospective copper-gold deposits. The company's Quarterly Activities Report highlights the potential for significant discoveries, supported by geological modelling and extensive geophysics. Additionally, the company is progressing field work programmes across its tenure, including water bore drilling and sampling at the Lake Way Potash Project. Great Western's focus on core assets and the upcoming exploration programmes demonstrate its commitment to maximizing shareholder return and unlocking the potential of its projects.