Great Western Exploration Limited announced new targets defined from the helicopter-borne EM survey completed in January 2023, at the Company's Fairbairn Nickel-Copper Project. The Fairbairn Nickel-Copper Project is located 900km north-east of Perth, on the northern margin of the Yilgarn Craton and within the Earaheedy Basin. The Yilgarn Craton margin is highly prospective for base metal deposits and host to both the Julimar and Nova Deposits.

Little previous exploration has been completed at Fairbairn, with work completed during the 1980s and early-1990s focussed on diamond exploration rather than magmatic nickel-copper style mineralisation. A helicopter-borne electromagnetic (EM) survey was completed in January 2023 at the project, with the aim of delineating magmatic nickel-copper targets. Interpretation of this data identified seven targets, defining plates with significant lateral extents, measuring up to 900m along the plate's length.

The plates sit below the government mapped and modelled sedimentary rocks of Earaheedy Basin, with basement interpreted to be mafic and ultramafic rocks of Archean Greenstone Terrain, prospective for magmatic nickel-copper deposits. Magnetic highs supports a greenstone basement interpretation, and legacy drilling completed in the 1990s intersected mafic and ultramafic rocks below basin cover and returned previously reported anomalous results of 20m @ 1,214ppm Ni from 28m (M017), from the limited suite of elements assayed at the time. Review of government open file data found 1990s drilled holes M105 and DH8 intersected ultramafic rocks with quartz-calcite veins and copper-sulphide mineralisation (described as chalcopyrite - DH8), which are adjacent to two modelled EM plates.

No assays are available for this interval. These drilled intercepts potentially represent distal mineralisation from a mineralised source, making the modelled EM conductor plates a highly compelling target. Great Western has prioritised further exploration on this project, which will include field inspections and ground electromagnetic surveys, to precisely delineate the interpreted EM conductor plates for targeted drill testing.