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Great Western Exploration Limited ( (AU:GTE) ) has shared an announcement.
Great Western Exploration Limited has announced the resumption of drilling at its Oval Copper-Gold Project in Western Australia to test a promising off-hole conductor. This conductor, located just 50 meters below a previous drill hole, is interpreted to have high potential for massive sulphide accumulation, similar to the DeGrussa Copper-Gold Deposit. The company’s strong cash position supports its exploration efforts, which could significantly impact its operations and industry positioning by potentially uncovering a major mineralization system.
More about Great Western Exploration Limited
Great Western Exploration Limited operates in the mining industry, focusing on the exploration and development of copper and gold resources. The company is engaged in identifying and developing mineral deposits, particularly in Western Australia, with a market focus on copper-gold mineralization systems.
YTD Price Performance: 3.70%
Average Trading Volume: 426,266
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$15.79M
Find detailed analytics on GTE stock on TipRanks’ Stock Analysis page.