Great Western to Drill Core of Potentially Large Copper-Gold System at Yerrida North

Great Western Exploration Limited ( (AU:GTE) ) has provided an announcement.

Great Western Exploration has secured all permits and engaged a contractor to begin diamond drilling in March 2026 at its Oval Copper-Gold Targets within the Yerrida North Project in Western Australia, aiming to test a 750m-deep hole into a coincident gravity anomaly and modelled VHMS horizon interpreted as the core of a potentially large copper-gold mineralisation system. Ground gravity and geological modelling indicate that the Oval and Oval South targets are part of a single VHMS system analogous to Sandfire Resources’ nearby DeGrussa and Monty deposits, with the gravity high coinciding with a strongly mineralised siltstone horizon, and the company plans to follow this campaign with drilling of six additional Juggernaut copper-gold targets once access approvals are finalised, underscoring an aggressive exploration push in a highly prospective belt.

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 discovering and developing base and precious metal deposits, particularly copper and gold. Its key projects include the Yerrida North Project in Western Australia, located in a region geologically analogous to the Bryah Basin, which hosts the DeGrussa Copper-Gold Deposit, positioning the company within a highly prospective VHMS (Volcanic Hosted Massive Sulphide) district.

Average Trading Volume: 622,699

Technical Sentiment Signal: Sell

Current Market Cap: A$9.65M

For a thorough assessment of GTE stock, go to TipRanks’ Stock Analysis page.