Great Western identifies extensive gold anomaly at Firebird
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There’s excitement brewing at Great Western’s Firebird Gold Project near Wiluna after a large, strong gold in soil anomaly was identified.
The 2.1km long and 350m wide gold and arsenic anomaly is located in prospective Archean greenstone and is associated with a series of interpreted north-northwest to south-southeast trending splay faults on the western edge of the Joyners Find Greenstone sequence.
Adding further interest, Great Western Exploration (ASX:GTE) has also identified a number of highly prospective structural targets within the project area that are along strike from the gold in soil anomaly.
These include numerous targets derived from aeromagnetic data that are interpreted as ultramafic/banded iron formation sequences similar to those observed at Western Gold Resources’ 293,000oz Gold Duke Project about 4km to the east.
“The identification and expansion of the Firebird Gold Project is the result of both strong technical and strong corporate work culminating in an exciting opportunity for the company,” managing director Tom Ridges said.
“We will now fast-track our field work and drilling programme for Firebird in what will be a very active 2021/2022 field work program.”
The gold in soil anomaly at Firebird comprises several higher-grade zones that are interpreted to be coincident with underlying NNW-SSE trending structures.
Additionally, the eastern zones display an association with arsenic which is a common feature of Archaean lode gold deposits in general and gold deposits in the Wiluna district in particular.
The anomaly was also identified to sit on the eastern boundary of Great Western’s wholly-owned tenure, leading the company to sign a joint venture deal with Jindalee Resources (ASX:JRL), which held the tenure to the east.
This JV gives the company the option to earn up to 80% in E53/2129.
Great Western plans to start field work at Firebird and the broader project area in October.
Initial field work will include infill and extensional soil sampling, mapping and follow up drilling targeting geochemical anomalies and the highly prospective structural targets.
This article was developed in collaboration with Great Western Exploration, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.