Great Western Exploration Limited · ASX:GTE
Great Western Exploration — Resources Rising Stars Investor Lunch Series March 2024
16 slides from Great Western Exploration's conference presentation, Mar 6, 2024
Slide 1: Oval Video Presentation & Resources Rising Stars Lunch Series
ASX Announcement 6 March 2024 For personal use only Oval Video Presentation & Resources Rising Stars Lunch Series Great Western Exploration (ASX: GTE) is pleased to advise that it has released an investor presentation and video detailing the soon-to-be drilled Oval and Oval South Targets. Please fin
Slide 2: About Great Western Exploration
Great Western, in conjunction with geological and geophysical modelling completed by Sandfire Resources (ASX:SFR), previously a joint venture partner now withdrawn with the project now 100% held by GTE), interprets the conductor represents a giant Winu Style Intrusive Related Copper-Gold Target. Thi
Slide 3: Figure 1: Location of Great Western's Exploration Tenure
For personal use only Figure 1: Location of Great Western’s Exploration Tenure. Authorised for release by the board of directors of Great Western Exploration Limited. Tony Walsh Company Secretary Great Western Exploration Limited Tel: 08 6311 2852 Email: enquiries@greatwestex.com.au Previous ASX Rel
Slide 4: Previous ASX Releases and Competent Person Statement
1. 17 August 2023 Great Western Assumes 100% of Yerrida North. 2. 21 July 2023 June 2023 Quarterly Activities Report. 3. 4 October 2023 Giant Copper Targets at Oval and Oval South. 4. 18 December 2023 Growth Fault Further Enhances Giant Oval Targets Competent Person Statement The information in this
Slide 5: 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 INVESTOR LUNCH MARCH 2024
Slide 6: 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 7: 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 $0.047 Share Price1 SHANE PIK
Slide 8: Company Making Drilling - H1 2024
ASX:GTE COMPANY MAKING DRILLING - H1 2024 For personal use only GREAT WESTERN EXPLORATION 1. FAIRBAIRN PROJECT (COPPER) Large De Grussa style VHMS targets defined from Fixed Loop Electromagnetic Survey, within 80-190m from surface – drilling planned to commence late-March 2024. 2. OVAL AND OVAL SOUT
Slide 9: 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 10: Fairbairn drilling to commence late-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 11: 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 12: 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 13: Giant Winu/Haverion Style Intrusive Related Copper-Gold Mineralisation Interpreted 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 14: For personal use only
ASX:GTE For personal use only GREAT WESTERN EXPLORATION https://greatwesternexploration.com.au/media 10 Refer to GTE ASX Announcement 5 October 2023: LINK
Slide 15: 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 16: 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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