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Great Western Exploration secures first Native Title access for potash project

The land access agreement covers the southern region of Lake Way which is next door to a very high-grade potash project.

Great Western Exploration Limited - Great Western Exploration secures first Native Title access for Lake Way
Justin Barton will replace Jordan Luckett as CEO, Luckett will remain a technical director

Great Western Exploration Ltd (ASX:GTE) has finalised the first Native Title Land Access Agreement (NTA) for its 100% owned Lake Way Potash Project in Western Australia.

Lake Way is emerging as one of Australia’s premium potash districts following the discovery of high-grade potash brines by Salt Lake Potash Ltd (ASX:SO4) in their adjoining project.

Notably, a recent bankable feasibility study (BFS) completed by SO4 confirmed the project to have strong economics.

Great Western’s project is downstream from SO4 and historical drilling indicates that the potash brine remains high-grade near the boundary.

The NTA is an important step forward for the project that will help the Great Western commercialise the project through either a joint venture or sale agreement.

Air survey planned at Yandal West

Great Western is also planning an airborne electromagnetic (EM) survey at the Yandal West Gold Project in Western Australia.

The survey aims to detect geophysical anomalies that might represent potential volcanogenic massive sulphide (VMS) hosted base metal and gold targets.

Following this, drilling targeting gold will recommence at the Harris Find prospect.

Barton steps up to CEO

Furthermore, Great Western has revealed that chief financial officer (CFO) and company secretary Justin Barton will take over the CEO role from Jordan Luckett.

Barton is highly experienced with more than 20 years in finance, corporate relations, mining and development.

Luckett, who is stepping down for personal reasons, will remain involved with the company as a technical director.

Quick facts: Great Western Exploration Limited

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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

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