Proactive Investors article hitting the boards for tomorrow's action:
Great Western Exploration impresses with 14m at 6.59% copper in Kazakhstan
Monday, August 06, 2012 by John Phillips
Great Western Exploration (ASX: GTE) has delivered some impressive early stage copper results to the market today from the Shaitandy Prospect, which is part of the Spasskaya project in Kazakhstan.
Trenching highlights from outcropping of high grade copper mineralisation include; 14 metres at 6.59% copper; 14 metres at 6.51% copper; 12 metres at 4.52% copper; and 18 metres at 4.05% copper.
Drilling is also scheduled for the prospect following the completion of trenching.
The mineralisation occurs within copper oxides at the surface along what the JV is interpreting as a fault, with at least four individual zones of copper mineralisation having been identified that extend in total for a 5 kilometre strike.
Importantly - when combined with the field XRF analysis of similar style mineralisation at Hadzikongan, where previously reported; 32 metres at 4.3% copper and 42 metres at 3.4% copper was discovers - the potential of the Spasskaya project begins to emerge.
The prospect features abundant malachite mineralisation at surface exposed in historic trenching, with Great Western intends to continue re-sampling existing trenches and will also carry out further trenching, once the work approvals are received.
This information will assist in fully delineating the strike extent of copper mineralisation along the sub-vertical, east-west structures which coincide with the valleys.
Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.
http://www.proactiveinvestors.com.au/companies/news/32080/great-western-exploration-impresses-with-14m-at-659-copper-in-kazakhstan-32080.html
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