Great Western Exploration Commences EM Survey Over Forrestania Nickel Prospects
Great Western Exploration commenced a 75 line km ground Electromagnetic Survey carried out over the Mt Gibb and Hatters Hill projects in WA’s prominent Forrestania nickel region. The survey is designed to identify targets for deep drilling to establish the potential for new discoveries analogous to the Flying Fox and Diggers South nickel ore bodies. The Company has lodged a disclosure document with the Australian Securities and Investments Commission for the issue of up to 20m options on a one-for-one basis at an issue price of 0.25 cents per option. The options will have an exercise price of 30 cents prior to 30 June 2012.
Original Announcement: EM Survey
