logo-loader
Mining
viewGreat Western Exploration Ltd

Great Western Exploration assays from Yandal West confirms gold

The company believes the May Queen prospect could host a significant gold discovery.

Great Western Exploration Ltd - Great Western Exploration assays from Yandal West confirms gold
The project is in the Yandal Gold Belt which hosts multiple multi-million ounce gold deposits

Great Western Exploration Ltd (ASX:GTE) has received results from its 10-hole reverse circulation (RC) drilling program at its Yandal West Gold Project in Western Australia.

The program saw 1,024 metres drilled across three prospects, May Queen, Harris Find, and Ives Find, that all are located on a 9-kilometre gold trend.

Three holes were completed at May Queen, two holes at Harris Find, and five holes at Ives Find.

Highlights include 3 metres at 15.02 g/t gold from 51 metres, 2 metres at 5.87 g/t gold from 74 metres and 4 metres at 2.51 g/t gold from 20 metres.

Gold-bearing shear zones draw interest

Great Western has identified three large gold shears in drilling to date: May Queen (6.5-kilometre strike), Harris Find (8.5-kilometre strike) and Ives Find (6.5-kilometre strike).

All three shear zones contain high-grade gold mineralisation and strong alteration and the scale of these shear zones indicates they are large gold fluid pathways.

Notably, visible gold was observed within the Harris Find and May Queen shear zones.

Drilling next month at Harris Find

The next round of drilling to commence next month will focus on the high priority Harris Find shear zone located within the May Queen prospect.

It will be designed to extend the strike of the known gold mineralisation and demonstrate its potential scale.

Quick facts: Great Western Exploration Ltd

Price: 0.004 AUD

ASX:GTE
Market: ASX
Market Cap: $5.01 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Great Western Exploration Ltd named herein, including the promotion by the Company of Great Western Exploration Ltd in any Content on the Site,...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Great Western Exploration kicks off next RC drilling phase at Yandal West...

Great Western Exploration Limited (ASX:GTE) managing director Jordan Luckett updates Proactive Investors on the next phase of reverse circulation drilling begun at the company’s Yandal West Gold Project in Western Australia. A total of 9 holes for about 800 metres will be completed across the...

on 9/8/19

2 min read