Lightly Explored Area Has Copper-Gold Potential
Great Western Exploration Limited’s (ASX: GTE) has identified two large scale Copper-Gold (+Mo) targets at Copper Ridge located 40km west of the Wiluna Gold Mine along the Goldfields Highway in Western Australia.
Managing Director, Tom Ridges, said the Copper Ridge Project area is basically unexplored.
“Our first phase of exploration has highlighted two very exciting, large scale copper-gold targets in Copperhead and Taipan that Great Western will drill in the short term,” Mr Ridges said.
“I also look forward to seeing what a broader regional programme will highlight. Great Western is coming into a very busy period across our many projects, including the drilling of our camp scale Finlayson drill target early next year, and I look forward to updating the market on further field activities currently in the planning stage, the drilling programme for those projects, and proving up more targets to drill test during what will be a very active 2021 field work programme.”
Results from Great Western’s Ultrafine + soil sampling programme at Copper Ridge has defined three anomalies that the company believes have the potential to be the surface expression of large areas of copper-gold mineralisation.
Two of the anomalies that have been defined are high priority, large scale, drill ready copper-gold targets.
Copperhead has a very significant strike length of over 1km and a width of 600m and is open to the north east with anomalous Cu >160 ppm, Au >12 ppb and Mo >8ppm.
Taipan has a significant strike length of 800m and a width of 250m with anomalous Cu of >320ppm and Au of >6ppb.
The copper-gold surface expression sits adjacent to a prominent magnetic unit that appears to be cross cut by a series of NW trending faults denoting an area of structural complexity.
Mr Ridges says such areas of complexity within Proterozoic basins can provide a perfect setting for focussing mineralised fluids. The target area is proximal to an interpreted intersection of a large north-south, regional fault and the cross-cutting north-west trending faults.
In addition, there is a third >6ppb gold only anomaly in this region that is open to the east and is limited to 500m strike extent only by the coverage of Great Western’s Ultrafine + soil sampling programme.
Great Western will drill test Copperhead and Taipan in the first quarter of 2021. In addition, further soil sampling to test the ultimate footprint of Copperhead, the >6ppb gold only target to the east, and to define additional drill targets, will be conducted early in the first quarter of 2021.
