Latest Great Western Exploration (ASX:GTE) News

Great Western Exploration has identified two substantial conductors with strong potential for Volcanic Hosted Massive Sulphide (VHMS) mineralisation at its Oval Copper-Gold Target in Western Australia, setting the stage for imminent drilling campaigns.

Great Western Exploration has completed initial drilling at its Oval copper-gold target and is advancing approvals for further drilling at its Sumo niobium and Juggernaut VHMS copper-gold targets, while divesting its non-core Yandal West gold project.

Great Western Exploration Limited reported a $191,000 net cash outflow from operations in the December quarter but bolstered its cash reserves to $4.74 million through a $3.6 million capital raise, maintaining a solid financial footing for ongoing exploration.