logo-loader
viewGreat Western Exploration Limited

Great Western Exploration latest drill results show gold and evidence of VMS system

The best result was 4 metres at 3.06 g/t gold from 20 metres depth at the Harris Find prospect.

Great Western Exploration latest drill results show gold and evidence of VMS system
Drilling is targeting a gold and base metal rich VMS deposit

Great Western Exploration Ltd (ASX:GWE) has intersected gold in four of six holes during drilling at the May Queen and Harris Find prospects within its Yandal West Gold Project in Western Australia.

The results, which feature 4 metres at 3.06 g/t gold from 20 metres, confirm continuous gold mineralisation at both the Harris Find and May Queen prospects.

At Harris Find, the gold mineralisation remains open to the south and high-grade rock chips indicate that the gold mineralisation continues at least a further 120 metres south of the drilling.

At May Queen, drilling intersected 4 metres at 1.2 g/t gold from surface in a hole located 100 metres from the previously reported 4 metres at 2.51 g/t gold.

Analysis work to determine presence of VMS style mineralisation

The company will use the assay samples along with historical data to determine the potential for VMS-style mineralisation.

The semi-massive sulphides and micro veining within the gold at Harris Find is typically associated with a feeder zone related to VMS mineralisation.

If the presence of VMS style mineralisation can be established, then the exploration strategy at Yandal West will be refined accordingly.

This would likely include airborne electromagnetic (EM) over the project area aimed at identifying geophysical targets.

Targeting shear zones at Yandal West

At both prospects, drilling is targeting near-surface high-grade gold associated with the Harris Find Shear Zone (HFSZ).

A total of 21 kilometres of highly prospective shearing that remains largely unexplored has been identified at Yandal West Gold Project.

Quick facts: Great Western Exploration Limited

Price: 0.0035 AUD

ASX:GTE
Market: ASX
Market Cap: $4.38 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 Limited named herein, including the promotion by the Company of Great Western Exploration Limited in any Content on...

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