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The latest update is out from Great Western Exploration Limited ( (AU:GTE) ).
Great Western Exploration has initiated a close-spaced ground gravity survey at its Oval and Oval South Copper-Gold Targets in the Yerrida North Project. This survey aims to refine potential high-grade copper-gold zones by providing higher resolution gravity data, which could indicate the presence of massive sulphides associated with VHMS mineralization systems. The results will enhance the existing dataset from previous exploration efforts, aiding in the development of a comprehensive geological model for future drilling. The company’s strong cash position supports these exploration programs, potentially strengthening its industry positioning and offering promising implications for stakeholders.
More about Great Western Exploration Limited
Great Western Exploration Limited is a company operating in the mining industry, focusing on the exploration and development of copper-gold mineralization systems. The company is particularly involved in identifying and refining potential Volcanic Hosted Massive Sulphide (VHMS) deposits, with a market focus on regions such as the Yerrida Basin in Western Australia.
Average Trading Volume: 741,216
Technical Sentiment Signal: Sell
Current Market Cap: A$5.68M
Find detailed analytics on GTE stock on TipRanks’ Stock Analysis page.