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Great Western Exploration Ltd.
Summary
| Project: | Yandal West | |
|---|---|---|
| Deposit: | Yandal West | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 11/28/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-11-2017: Great Western Exploration Ltd. announces an Exploration/Drilling Update report for its Yandal West deposit at the Yandal West project. Drilling results incl. 24m @ 1.51g/t Au from 12m. Great Western Exploration Limited (“the Company”; “Great W | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jordan Luckett (Internal) | |
| ABSTRACT: | Great Western Exploration Limited (“the Company”; “Great Western”) (ASX: GTE) is delighted to report that assay results from Phase 1 of its maiden, RC drill program at the Yandal West Gold Project have confirmed a large-scale gold system. The drilling was designed to test a 3.5 km x 1.5 km gold-in-soil anomaly coincident with a highly prospective aeromagnetic structural setting. These Phase 1 results have identified key controls on zones of higher grade gold mineralisation, highlighting priority targets for Phase 2 of the RC drilling programme, due to commence next week, with a further 1,500m of drilling planned. Three of the drill lines targeted an aeromagnetic structure with strong gold-in-soil anomalism that can be traced a distance of at least 3.5km. These lines were drilled over a 2km strike and all three intersected significant gold mineralisation. The Company will now move to carry out broad spaced drilling along this trend targeting further aeromagnetic structural targets co-incident with strong soil anomalies, as well as stepping out along strike either side of the existing zones, when the programme resumes next week. The fourth line targeted a similar parallel aeromagnetic structure located 500m to the east. This feature also has a strike length of approximately 3.5km with a co-incident strong gold-in-soil anomaly. This drilling intersected further wide zones of gold mineralisation. The Company will also undertake further drilling at the southern end of this trend. The gold mineralisation appears to be hosted in large shears and consists of near surface, sub vertical highgrade lodes associated with an extensive gold mineralised alteration zone within predominantly mafic greenstone rocks. | |
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