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Great Western Exploration Limited (ASX:GTE)

ALERT: Price-sensitive ASX Announcement for GTE
Current share price for GTE : $0.008 -0.004 (-33.33%)+
Announcement
Release
15 Aug 2025 8:21AM
Price at Release
$0.012
Full Release
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Summary
Great Western Exploration Limited (GTE) announced the results of a recent gravity survey at its Fairbairn Project, located in the Edmund Basin, Western Australia. The survey identified a 2.5km x 1.4km gravity anomaly, which is interpreted as the potential core of a Volcanic Hosted Massive Sulfide (VHMS) copper-gold (Cu-Au) mineral system. The anomaly is considered significant due to its size, coherence, and spatial association with anomalous geochemistry and favorable geology. GTE plans to undertake additional work including detailed ground geophysics and drilling to further test the potential of this target. The company highlights that the identified anomaly represents a high-priority drill target and could indicate a substantial mineral system similar to other large VHMS systems in the region.
Key Points
  • Great Western Exploration Limited completed a gravity survey at the Fairbairn Project in Western Australia.
  • A large, coherent gravity anomaly measuring 2.5km x 1.4km was identified.
  • The anomaly is interpreted as the potential core of a VHMS copper-gold mineral system.
  • The target area is associated with favorable geology and geochemical anomalies.
  • The anomaly is considered highly prospective and represents a priority for follow-up exploration.
  • GTE plans to conduct detailed ground geophysics and drilling to further investigate the target.
  • The anomaly's scale and characteristics are comparable to major VHMS systems in the region.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.