Great Western shares jump nearly 11% on news WA govt will fund priority Cu-Au targets

The Market Herald05-02

Multi-metal junior Great Western Exploration Ltd (ASX: GTE) has seen its shares jump nearly 11 percent on news it has secured West Australian government funding to test two prioritised copper-gold ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2432695438?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-05-02 10:00","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2432695438","market":"us","top_or_hot":-1,"title":"Great Western shares jump nearly 11% on news WA govt will fund priority Cu-Au targets","media":"The Market Herald","content":"<div>\n<p>Multi-metal junior Great Western Exploration Ltd (ASX: GTE) has seen its shares jump nearly 11 percent on news it has secured West Australian government funding to test two prioritised copper-gold ...</p>\n\n<a href=\"https://themarketonline.com.au/great-western-shares-jump-nearly-11-on-news-wa-govt-will-fund-priority-cu-au-targets-2024-05-02/\">Source Link</a>\n\n</div>\n","source":"markerherald_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Great Western shares jump nearly 11% on news WA govt will fund priority Cu-Au targets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGreat Western shares jump nearly 11% on news WA govt will fund priority Cu-Au targets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-02 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://themarketonline.com.au/great-western-shares-jump-nearly-11-on-news-wa-govt-will-fund-priority-cu-au-targets-2024-05-02/><strong>The Market Herald</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Multi-metal junior Great Western Exploration Ltd (ASX: GTE) has seen its shares jump nearly 11 percent on news it has secured West Australian government funding to test two prioritised copper-gold ...</p>\n\n<a href=\"https://themarketonline.com.au/great-western-shares-jump-nearly-11-on-news-wa-govt-will-fund-priority-cu-au-targets-2024-05-02/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GWB","symbol_name":"Great Western Bancorp","start_time":0,"source_url":"https://themarketonline.com.au/great-western-shares-jump-nearly-11-on-news-wa-govt-will-fund-priority-cu-au-targets-2024-05-02/","article_id":"2432695438","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2432695438","pubTimestamp":1714615200,"sourceInfo":{"source_id":"markerherald_stock","name":"The Market Herald"},"weMediaInfo":null,"summary":"Multi-metal junior Great Western Exploration Ltd  has seen its shares jump nearly 11 percent on news it has secured West Australian government funding to test two prioritised copper-gold targets within its Yerrida North project north of Perth.Shares rose 10.71 percent on news of the allocation as part of the state government’s Exploration Incentive Scheme , Greta Western, which will co-fund Great Western for an imminent program of diamond drilling to test the targets of Oval and Oval South.These targets were first identified by Rio Tinto in the 1990s, and were then assessed through a VTEM survey by Great Western in 2010.Bolstering hopes for exploration of Oval and Oval South is their location adjacent to two major volcanic hosted Massive sulphide  deposits which have yielded the high-grade copper gold mines of DeGrussa and its satellite Monty, both operated by Sandfire Resources Ltd .According to the EIS allocation, Great Western will be 50 percent funded for their drilling costs – cap","collect":0,"end_time":0,"defaultTopTitle":"themarketonline.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"GWB":"Great Western Bancorp","BK4211":"区域性银行","EIS":"iShares MSCI Israel ETF","BK7095":"多种金属与采矿","BK7507":"资源股","BK7506":"金矿股","GTE.AU":"GREAT WESTERN EXPLORATION LT","VMS.AU":"VENTURE MINERALS LTD","BK7110":"铜","SFR.AU":"SANDFIRE RESOURCES LTD"},"translate_title":"西澳大利亚政府将资助优先Cu-Au目标的消息传出后，大西部股票上涨近11%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EIS":1,"GTE.AU":1,"GWB":1,"SFR.AU":1,"VMS.AU":1},"content_text":"Multi-metal junior Great Western Exploration Ltd (ASX: GTE) has seen its shares jump nearly 11 percent on news it has secured West Australian government funding to test two prioritised copper-gold targets within its Yerrida North project north of Perth.\nShares rose 10.71 percent on news of the allocation as part of the state government’s Exploration Incentive Scheme (EIS), Greta Western, which will co-fund Great Western for an imminent program of diamond drilling to test the targets of Oval and Oval South.\nThese targets were first identified by Rio Tinto in the 1990s, and were then assessed through a VTEM survey by Great Western in 2010.\nBolstering hopes for exploration of Oval and Oval South is their location adjacent to two major volcanic hosted Massive sulphide (VMS) deposits which have yielded the high-grade copper gold mines of DeGrussa and its satellite Monty, both operated by Sandfire Resources Ltd (ASX: SFR).\nDeGrussa – which began operating in 2012 and ramped down in 2022 – produced an average of 1.5 million tonnes of copper ore for up to 300,000 tonnes of high-grade copper concentrate per year.\nAccording to the EIS allocation, Great Western will be 50 percent funded for their drilling costs – capped at $113,000 – and will receive a further $5,000 towards drill rig mobilisation costs.\nBoth targets are significant in size within the Yerrida North Project, which sits on northern and western parts of the Yerrida Basin, 800 kilometres north-east of Perth.\nGreat Western has been trading at 6.2c.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2432695438"}