Great Western Exploration Limited · ASX:GTE
Great Western Exploration — Resources Rising Stars Summer Series 2024
14 slides from Great Western Exploration's conference presentation, Feb 1, 2024
Slide 1: Great Western Presentation – Resources Rising Stars Summer Series, Brisbane
ASX Announcement 1 February 2024 Great Western Presentation – Resources Rising Stars Summer Series, Brisbane For personal use only Great Western Exploration Limited (ASX:GTE) (“Great Western” or “the Company”) is pleased to to provide an updated Corporate Presentation which will be delivered by Mana
Slide 2: Drilling for a Giant Copper-Gold Discovery
Great Western GREATWESTERNEXPLORATION.COM.AU Exploration A S X : G T E For personal use only DRILLING FOR A GIANT COPPER-GOLD DISCOVERY RESOURCES RISING STARS CONFERENCE FEBRUARY 2024
Slide 3: Disclaimer
ASX:GTE DISCLAIMER This presentation has been prepared by Great Western Exploration Ltd (“GTE” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those
Slide 4: Capital Structure, Board & Management, Key Investment Takeaways
ASX:GTE CAPITAL STRUCTURE KEY INVESTMENT TAKEAWAYS For personal use only BOARD & MANAGEMENT 348,010,617 GREAT WESTERN EXPLORATION Shares on issue KEVIN SOMES • Drilling giant, potential company making copper-gold targets in the first half of 2024. Non-Executive Chairman $0.030 Share Price1 SHANE PIK
Slide 5: Company Making Drilling - H1 2024
ASX:GTE COMPANY MAKING DRILLING - H1 2024 For personal use only GREAT WESTERN EXPLORATION 1. FIREBIRD PROJECT (GOLD) Results from extensive (~8,000m) aircore drilling programme expected mid-February, following-up significant assays from maiden RC drilling. 2. FAIRBAIRN PROJECT (COPPER) Large De Grus
Slide 6: Maiden RC Programme Returned Significant Assays: Results Open Up to 2km
ASX:GTE (GTE 100% and 80%*) MAIDEN RC PROGRAMME RETURNED For personal use only SIGNFICANT ASSAYS: RESULTS OPEN UP TO 2KM GREAT WESTERN EXPLORATION • Extensive 3.7km x 450m soil anomalism. • 2.5km west of Western Gold’s multiple mineral resources reported to the JORC 2012 Code. • Maiden RC Programme
Slide 7: Drilling Interpreted to Have Tested the Fringes of a Potentially Large Gold System
ASX:GTE (GTE 100% and 80%*) DRILLING INTERPRETED TO HAVE TESTED THE FRINGES OF A POTENTIALLY LARGE GOLD MINERALISED SYSTEM For personal use only GREAT WESTERN EXPLORATION • RC drill assay results received included: 1m @ 16.8g/t Au from 50m (23FBRC008), 1m @ 2.00g/t Au from 70m (23GBRC003), and 2m @
Slide 8: Three Large DeGrussa-Style Copper Targets Defined
ASX:GTE THREE LARGE DEGRUSSA-STYLE COPPER TARGETS DEFINED – ALL WITH COMPANY MAKING POTENTIAL For personal use only THREE LARGE BEDROCK CONDUCTORS IDENTIFIED GREAT WESTERN EXPLORATION Modelling of a Fixed- Loop Electromagnetic (FLEM) survey identified three isolated and discrete bedrock conductors.
Slide 9: Drilling to Commence March 2024
ASX:GTE • The near-surface FLEM data displayed exponential For personal use only conductivity decay; interpreted to be potential sulphide mineralisation. GREAT WESTERN EXPLORATION • Rock-chip sampling of the up-dip projection of conductors returned anomalous copper (peak result 0.19% Cu) and gold as
Slide 10: Two Giant Copper-Gold Targets Identified
ASX:GTE TWO GIANT COPPER-GOLD TARGETS IDENTIFIED For personal use only • Rio Tinto identified the giant Oval EM target in the 1990s. GREAT WESTERN EXPLORATION • Rio drilled but failed to intersect the EM anomaly. • Modern exploration by Sandfire (ASX:SFR) in JV with Great Western demonstrated the Ov
Slide 11: Giant Modelled Conductor – To Be Effectively Drill Tested
ASX:GTE GIANT MODELLED CONDUCTOR – TO BE EFFECTIVELY DRILL TESTED For personal use only • Oval target originally defined by a Rio Tinto TEMPEST electromagnetic (EM) 1990s survey • Drilling completed by Rio failed to intersect the conductor. GREAT WESTERN EXPLORATION • A later VTEM survey defined the
Slide 12: Giant Winu/Haverion Style Intrusive Related Copper-Gold Mineralisation Targets
ASX:GTE GIANT WINU/HAVERION STYLE INTRUSIVE RELATED COPPER- Ida Fault Zone GOLD MINERALISATION INTERPRETED TARGETS For personal use only Yerrida Basin Significant potential for a discovery, with the following key geological Growth Fault GREAT WESTERN EXPLORATION attributes: Oval VTEM 1. Co-incident
Slide 13: Drilling Programs to Be Completed in H1
ASX:GTE COMPANY MAKING DRILLING PROGRAMS TO BE COMPLETED IN H1 2024 For personal use only • Drilling giant, company making copper-gold targets in the first half of 2024. GREAT WESTERN EXPLORATION • Tier 1 tenure position in proven and underexplored fertile geological belts in Western Australia. • Ex
Slide 14: Contact
GREATWESTERNEXPLORATION.COM.AU For personal use only CONTACT GREAT WESTERN EXPLORATION Shane Pike Managing Director shane@greatwestern.net.au Investor & Media Enquiries: Paul Armstrong – Read Corporate paul@readcorporate.com.au Level 2, 160 St Georges Terrace, Perth WA +61 8 6311 2852 enquiries@grea
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