Great Western Adds Two Drill-Ready Copper-Gold Targets at Yerrida North

An announcement from Great Western Exploration Limited ( (AU:GTE) ) is now available.

Great Western Exploration has defined two additional drill-ready copper-gold targets, Diorama and Baroo, within its wholly owned Yerrida North project in Western Australia, bringing the total number of drill-ready VHMS-style targets in the area to eight. Both new prospects lie about 70km from Sandfire Resources’ DeGrussa copper-gold deposit and benefit from extensive historical geophysical and geochemical work completed under a prior joint venture, with Diorama characterised as a DeGrussa-style lag copper anomaly with gossanous outcrop and Baroo as a large quartz vein returning encouraging rock-chip copper results. With drilling set to begin at the Oval target next month, followed by programs at Diorama, Baroo and the Juggernaut targets, the company is entering a more intensive exploration phase that could materially advance the underexplored Yerrida Basin’s potential to host significant VHMS copper-gold mineralisation and enhance Great Western’s exploration profile in the region.

The most recent analyst rating on (AU:GTE) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Great Western Exploration Limited stock, see the AU:GTE Stock Forecast page.

More about Great Western Exploration Limited

Great Western Exploration Limited is an Australian mineral exploration company focused on copper-gold targets in Western Australia, particularly within the Yerrida Basin. Its projects, including Yerrida North, are prospective for volcanic-hosted massive sulphide (VHMS) deposits analogous to the nearby DeGrussa and Monty copper-gold mines, positioning the company in a highly regarded copper-gold exploration corridor.

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Technical Sentiment Signal: Sell

Current Market Cap: A$10.22M

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