Highlights
- The latest round of RC drilling on very broad spaced drill lines to test the eastern side of the 3.5km long May Queen gold-in-soil geochemical anomaly is now complete.
- A total of 26 holes for 2,316m were drilled.
- Strong shearing with sulphide alteration and quartz veins were intersected on all the lines completed.
- The results are expected to be available in approximately 6 weeks’ time.
Summary
Summary Great Western Exploration Limited (“the Company”; “Great Western”) (ASX: GTE) is pleased to announce that the latest round of reverse circulation (“RC”) drilling at its Yandal West Gold Project is now complete. A total of 26 holes for 2,316m were drilled on very broad spaced lines.
The majority of the drilling was designed to test the eastern side of the 3.5km long May Queen gold-in-soil anomaly. Some further drilling was also completed on the western side to extend the previously announced strong gold mineralisation at MQW1 to the north (refer Figure 1).
All the drill lines intersected strong shearing with sulphide alteration as well as variable amounts of quartz veining. The Company is looking forward to receiving the assay results which are anticipated to be available in approximately 6 weeks’ time.
Further drilling at Yandal West is required that is not contingent on the outcome of these results. However, the next drill programme will be finalised once the assay results from this drilling have been received and interpreted so the company can continue to prioritise further the more advanced areas where high-grade gold mineralisation remains open.