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Great Western Exploration Limited ( (AU:GTE) ) just unveiled an announcement.
Great Western Exploration has secured all permits and a drill contractor to begin a 750-metre diamond drill hole in March 2026 at its Oval Copper-Gold Target in the Yerrida North Project, testing a strong gravity anomaly interpreted as the core of a potentially large VHMS copper-gold system analogous to Sandfire Resources’ nearby DeGrussa deposit. The company is also preparing to drill six additional DeGrussa-style VHMS targets at its Juggernaut prospect once access approvals are granted, and is expanding exploration at Yerrida North where new basin-margin targets may host major sediment-hosted copper deposits, collectively positioning Great Western for potentially transformational discoveries while retaining financial flexibility through its equity stake in Albion Resources.
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 (ASX: GTE) is a mineral exploration company focused on copper-gold targets in Western Australia, particularly within the Yerrida North Project near the DeGrussa and Monty copper-gold Volcanic Hosted Massive Sulphide (VHMS) deposits. The company is advancing a portfolio of VHMS and sediment-hosted copper prospects and also holds a strategic investment in Albion Resources Limited through a substantial shareholding and performance rights.
Average Trading Volume: 552,993
Technical Sentiment Signal: Sell
Current Market Cap: A$10.22M
See more data about GTE stock on TipRanks’ Stock Analysis page.