Nice find stakesy WSA kicking some goals today up over 10%! Some great results would certaintly spice up the GTE share price especially with the company looking to acquire leases nearby to the current nickle drilling areas.
Extract from the Annual Report "The Company applied for eight new exploration licenses (E70/4108 and E74/509-15) totalling~1,350km2 in May 2011. GTE believes that its generative exploration targets, shown in Figure 5,represent potential new nickel and gold prospective zones in under-explored areas of the southern Yilgarn Craton. There has been little concerted modern exploration for nickel sulphides or gold mineralisation in these regions despite the recent recognition of a suite of flat-lying faults/pegmatite dykes that offset and obscure steeply-dipping host rocks at the Flying Fox -Spotted Quoll - Cosmic Boy - Diggers Rocks high-grade nickel deposits."
GL to all holders
GB
GTE Price at posting:
38.0¢ Sentiment: LT Buy Disclosure: Held
