EL 27242 Annual report for period ending 6 November 2010

Abstract

During 2010 Great Western Exploration Limited (GTE) planned to complete an RC drilling program but was hindered, by target prioritization within the tenement group and time constraints. The company focused upon larger tenements, namely EL 25026 and EL 25024. This position was adopted because of the following: High priority targets were identified via earlier aeromagnetic survey and the geological units are better understood, for example the contact between the Koolpin Formation, Gerowie Tuff and the Mount Bonnie Formation. The lack of time available to explore EL 27242 became evident because of the following: The prolonged wet season and vehicles were damaged trying to gain access to target areas. Great Western Exploration Limited activities within the report period were limited too desktop studies in conjunction with reconnaissance and prospect mapping.