tiprankstipranks
Company Announcements

Great Western Exploration Targets Major Mineral Discoveries in WA

Story Highlights
  • Great Western Exploration is targeting copper, gold, and niobium in Western Australia’s Yerrida Basin.
  • The company advances key drilling programs and strategic asset sales to bolster its mining position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Great Western Exploration Targets Major Mineral Discoveries in WA

Discover the Best Stocks and Maximize Your Portfolio:

Great Western Exploration Limited ( (AU:GTE) ) has shared an update.

Great Western Exploration Limited has reported progress on its December 2024 quarterly activities, highlighting three major drilling programs targeting copper, gold, and niobium in Western Australia. The company’s efforts include completing initial drilling at Oval Copper-Gold targets, advancing the drill-ready Sumo Niobium Target, and preparing for exploration of Juggernaut VHMS copper-gold targets. Additionally, Great Western has entered a binding agreement to sell its non-core Yandal West Gold Project and secured funding through placements to support its exploration initiatives. These strategic moves aim to strengthen the company’s position in the mining sector and potentially enhance shareholder value.

More about Great Western Exploration Limited

Great Western Exploration Limited is a company operating in the mining industry with a focus on exploring copper, gold, and niobium targets. The company is engaged in projects within Western Australia, particularly in the Yerrida Basin, and aims to uncover significant mineral deposits in under-explored areas.

YTD Price Performance: -16.67%

Average Trading Volume: 778,645

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$14.1M

For a thorough assessment of GTE stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1