Great Western Exploration Limited · ASX:GTE
Great Western Exploration — Investor Presentation (November 2023)
16 slides from Great Western Exploration's investor presentation, Nov 22, 2023
Slide 1: Drilling Giant Transformational Targets – Investor Presentation November 2023
Great Western GREATWESTERNEXPLORATION.COM.AU Exploration For personal use only A S X : G T E DRILLING GIANT TRANSFORMATIONAL TARGETS INVESTOR PRESENTATION NOVEMBER 2023
Slide 2: Capital Structure, Board & Management
ASX:GTE CAPITAL For personal use only STRUCTURE BOARD & MANAGEMENT 252,698,117 GREAT WESTERN EXPLORATION Shares on issue KEVIN SOMES Non-Executive Chairman $0.04 Share price @ 20/11/2023 SHANE PIKE Managing Director $2.0M1 Cash ROSS WILLIAMS Non-Executive Director $10.1M Market capitalisation @ 20/1
Slide 3: Great Western Exploration – Drilling Giant Transformational Targets
ASX:GTE GREAT WESTERN EXPLORATION (ASX: GTE) – DRILLING GIANT TRANSFORMATIONAL TARGETS For personal use only GREAT WESTERN EXPLORATION GREENFIELDS EXPLORATION DISCOVERY-FOCUSED: DISCOVERY STRATEGY WITHIN TIER 1 JURISDICTION MULTIPLE DRILL READY UNDERPINNED BY TECHNICAL TARGETS & CORPORATE DISCIPLINE
Slide 4: Four Priority Projects
ASX:GTE FOUR PRIORITY PROJECTS For personal use only 1. YERRIDA NORTH PROJECT (COPPER-GOLD) GREAT WESTERN EXPLORATION 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
Slide 5: Two Giant Copper-Gold Targets Identified: Oval and Oval South
ASX:GTE TWO GIANT COPPER-GOLD TARGETS IDENTIFIED: OVAL AND OVAL SOUTH For personal use only OVERVIEW GREAT WESTERN EXPLORATION • Coincident gravity and electromagnetic (EM) anomalism. • Located on major crustal scale mantle tapping fault. • Deep magnetic anomalism adjacent; interpreted to represent
Slide 6: Winu/Haverion Style Intrusive Related Copper-Gold Mineralisation Interpreted Targets
ASX:GTE WINU/HAVERION STYLE INTRUSIVE RELATED COPPER- GOLD MINERALISATION INTERPRETED TARGETS For personal use only Oval and Oval South Targets represent a significant discovery GREAT WESTERN EXPLORATION opportunity based on the following: • Co-incident gravity and EM anomalies – potentially represe
Slide 7: Large Modelled Conductor – To Be Effectively Drill Tested
ASX:GTE LARGE MODELLED CONDUCTOR – TO BE EFFECTIVELY DRILL TESTED For personal use only • Oval target originally defined by Rio Tinto TEMPEST electromagnetic (EM) 1990s survey; drilling failed to intersect the conductor. GREAT WESTERN EXPLORATION • 2010 VTEM survey defined the top of target at 300m
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 For personal use only THREE LARGE BEDROCK CONDUCTORS IDENTIFIED GREAT WESTERN EXPLORATION Modelling of a Fixed- Loop Electromagnetic (FLEM) survey identified three iso
Slide 9: Bedrock Conductors Identified Close to Surface
ASX:GTE 3 BEDROCK CONDUCTORS IDENTIFIED CLOSE TO SURFACE For personal use only GREAT WESTERN EXPLORATION • Conductors were modelled between 80 - 190m below surface. • The FLEM data displayed exponential conductivity decay; interpreted to be potential sulphide mineralisation. • Rock-chip sampling of
Slide 10: Proof of Concept Drilling Returned High-Grade Assays
ASX:GTE PROOF OF CONCEPT DRILLING RETURNED HIGH-GRADE ASSAYS - RESULTS OPEN UP TO 2 KILOMETRES For personal use only OVERVIEW GREAT WESTERN EXPLORATION • Proof of concept drilling of four holes completed testing fertility of Barwidgee Fault. • Significant results returned from drill-hole 23YWRC023 :
Slide 11: Drilling Planned to Follow Up High-Grade Gold Results
ASX:GTE DRILLING PLANNED TO FOLLOW UP HIGH- GRADE GOLD RESULTS For personal use only GREAT WESTERN EXPLORATION • Mineralisation interpreted to dip steeply to the west. • Orientation of mineralisation not effectively tested by legacy RAB holes. • Three of the four proof of concept holes likely missed
Slide 12: Maiden RC Programme Returned Significant Assays
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. • Hosted by Archean Gree
Slide 13: Drilling Interpreted to Have Hit the Fringes of a Potentially Large Gold System
ASX:GTE (GTE 100% and 80%*) DRILLING INTERPRETED TO HAVE BEEN HIT 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 14: Drilling Giant Transformational Targets
ASX:GTE DRILLING GIANT TRANSFORMATIONAL TARGETS For personal use only WORLD CLASS 4 HIGHLY PROSPECTIVE TENURE PRIMED TARGETS TO BE DRILLED GREAT WESTERN EXPLORATION FOR DISCOVERY IMMINENTLY Large land position • Yerrida North - Oval & Oval South within prolific regions • Firebird of Western Australi
Slide 15: Contact
GREATWESTERNEXPLORATION.COM.AU For personal use only 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.
Slide 16: 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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