Great Western Exploration Limited · ASX:GTE
Great Western Exploration — South West Connect (October 2023)
15 slides from Great Western Exploration's conference presentation, Oct 18, 2023
Slide 1: Drilling Giant Transformational Targets
Great Western GREATWESTERNEXPLORATION.COM.AU Exploration A S X : G T E DRILLING GIANT TRANSFORMATIONAL TARGETS INVESTOR PRESENTATION OCTOBER 2023
Slide 2: Capital Structure Board & Management
ASX:GTE CAPITAL STRUCTURE BOARD & MANAGEMENT 252,698,117 GREAT WESTERN EXPLORATION Shares on issue KEVIN SOMES Non-Executive Chairman $0.042 Share price @ 13/10/2023 SHANE PIKE Managing Director $2.0M1 Cash ROSS WILLIAMS Non-Executive Director $10.61M Market capitalisation (13/10/2023) GREY EGERTON-
Slide 3: Great Western Exploration – Drilling Giant Transformational Targets
ASX:GTE Great Western Exploration (ASX: GTE) – Drilling Giant Transformational Targets GREAT WESTERN EXPLORATION GREENFIELDS EXPLORATION EFFICIENT, FOCUSSED DISCOVERY EXPERIENCED TEAM DELIVERING WITHIN TIER 1 JURISDICTION STRATEGY SHAREHOLDER VALUE LARGE LAND HOLDING IN TIER 1 WA DRILL READY TARGETS
Slide 4: Three Priority Projects
ASX:GTE THREE PRIORITY PROJECTS GREAT WESTERN EXPLORATION 1. YERRIDA NORTH PROJECT (COPPER-GOLD) Giant transformational Oval and Oval South Winu Style intrusive related copper-gold targets. 2. FIREBIRD PROJECT (GOLD) Significant results received from maiden RC drilling programme, with results open u
Slide 5: Two Giant Copper-Gold Targets Identified: Oval and Oval South Overview
ASX:GTE TWO GIANT COPPER-GOLD TARGETS IDENTIFIED: OVAL AND OVAL SOUTH OVERVIEW GREAT WESTERN EXPLORATION • Coincident gravity and electromagnetic (EM) anomalism. • EM conductor steeply dipping, cutting stratigraphy. • Located on major crustal scale mantle tapping fault. • Deep magnetic anomalism adj
Slide 6: Two Giant Copper-Gold Targets Identified: Oval and Oval South
ASX:GTE TWO GIANT COPPER-GOLD TARGETS IDENTIFIED: OVAL AND OVAL SOUTH • Coincident geophysical anomalism. • VTEM Conductors steeply dipping, cutting stratigraphy GREAT WESTERN EXPLORATION • Located on intersection of major crustal scale mantle tapping fault and north-west regional (growth?) fault. •
Slide 7: Previous Drilling Failed To Intersect Conductor
ASX:GTE PREVIOUS DRILLING FAILED TO INTERSECT CONDUCTOR • Oval originally defined by Rio Tinto TEMPEST electromagnetic (EM) 1990s survey. Great Western in the process of completing access approvals for drilling. • TEMPEST target terminated at 232m in black shale. GREAT WESTERN EXPLORATION • 2010 VTE
Slide 8: Three Large DeGrussa-Style Copper Targets Defined
ASX:GTE THREE LARGE DEGRUSSA-STYLE COPPER TARGETS DEFINED 100% owned, large 960km2 strategic land position within the Yilgarn Craton GREAT WESTERN EXPLORATION THREE LARGE BEDROCK CONDUCTORS IDENTIFIED Modelling of a Fixed- Loop Electromagnetic (FLEM) survey identified three isolated and discrete bed
Slide 9: Bedrock Conductors Identified Close To Surface
ASX:GTE 3 BEDROCK CONDUCTORS IDENTIFIED CLOSE TO SURFACE • Conductors were modelled between 80 - 190m below surface. • The FLEM data displayed exponential conductivity decay; GREAT WESTERN EXPLORATION interpreted to be potential sulphide mineralisation. • Rock-chip sampling of the up-dip projection
Slide 10: Maiden RC Programme Returned Significant Assays: Results Open Up To 2 Kilometres
ASX:GTE (GTE 100% and 80%*) MAIDEN RC PROGRAMME RETURNED SIGNFICANT GREAT WESTERN EXPLORATION ASSAYS: RESULTS OPEN UP TO 2 KILOMETRES • Extensive 3.7km x 450m soil anomalism, 2.5km west of Western Gold’s multiple mineral resources reported to the JORC 2012 Code • Hosted by Archean Greenstone. • Airc
Slide 11: Maiden RC Programme Returned Significant Assays: Results Open Up To 2 Kilometres
ASX:GTE MAIDEN RC PROGRAMME RETURNED SIGNFICANT ASSAYS: RESULTS OPEN UP TO 2 KILOMETRES RC drill assay results received included: 1m @ 16.8g/t Au from 50m (23FBRC008), GREAT WESTERN EXPLORATION 1m @ 2.00g/t Au from 70m (23GBRC003), and 2m @ 1.95g/t Au from 125m. Highest assay results clustered on th
Slide 12: Downstream Continuation Of SO4's High Grade Paleochannel
ASX:GTE DOWNSTREAM CONTINUATION OF SO4’s HIGH GRADE PALEOCHANNEL Downstream continuation of high-grade potash SO4’s GREAT WESTERN EXPLORATION paleochannel under development. A passive seismic survey defined a major paleochannel - up to 2.5km in width and up to 162m, exceeding expectations and repres
Slide 13: World Class Forward Plan
ASX:GTE DRILLING GIANT TRANSFORMATIONAL TARGETS GREAT WESTERN EXPLORATION WORLD CLASS FORWARD PLAN Large land position 3 Highly Prospective Targets within prolific to be Drilled Imminently: regions of Western • Oval & Oval South. Australia. • Firebird. • Fairbairn. OUTSTANDING VERY LOW SHARE REGISTE
Slide 14: Contact
GREATWESTERNEXPLORATION.COM.AU CONTACT GREAT WESTERN EXPLORATION Shane Pike Managing Director shane@greatwestern.net.au Investor & Media Enquiries: dannika@investability.com.au Level 2, 160 St Georges Terrace, Perth WA +61 8 6311 2852 enquiries@greatwestern.net.au greatwestern.net.au 14
Slide 15: 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
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