focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGreat Western Share News (GWMO)

Share Price Information for Great Western (GWMO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0395
Bid: 0.039
Ask: 0.04
Change: 0.00 (0.00%)
Spread: 0.001 (2.564%)
Open: 0.0395
High: 0.0395
Low: 0.0395
Prev. Close: 0.0395
GWMO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Great Western Mining begins new surveys in Mineral County

Thu, 11th Apr 2024 16:11

(Sharecast News) - Great Western Mining announced the start of induced polarisation (IP) and resistivity surveys at its West Huntoon and M5 claims in Nevada's Mineral County on Thursday.

The AIM-traded firm said that after successful field exploration last year, IP and resistivity surveys were now underway at the West Huntoon copper porphyry prospect and the M5 gold-silver-copper prospect.

It said the surveys aimed to provide crucial subsurface information for drill targeting at both prospects, and were expected to conclude by the end of April.

Great Western said it had engaged Zonge International to conduct the surveys across the exploration projects in the Marietta area.

The Zonge survey team had started work at the West Huntoon claims, conducting IP profiles across the copper porphyry mineralisation.

On completion, the team would transition to the M5 gold-silver-copper prospect in the Jack Springs (JS) claim group, with the entire survey operation scheduled for completion by the end of April.

The board said the surveys were expected to identify chargeability and resistivity anomalies indicative of zones of disseminated sulphide mineralisation and silicification.

It said the results would enhance the geological model and facilitate the planning of drill targets at both prospects.

At West Huntoon, geological work in 2023 revealed the presence of a copper porphyry system, characterised by a significant copper in soils anomaly, copper oxide showings at outcrop, and a mineralised granite intrusion.

The objective of the survey was to pinpoint optimal drill targets within this area and explore further potential under tertiary volcanics.

Great Western said the M5 prospect, situated in the southeastern part of the JS claim group, was associated with a mafic intrusion in limestones and rhyolites.

Soil sampling in 2023 indicated elevated gold and copper values under tertiary cover.

The surveys would focus on testing the main part of the soils anomaly over the M5 ridge line and identifying additional drill targets under tertiary cover to the northeast.

"These surveys mark the start of our 2024 work season in Nevada, with an initial focus on the highly prospective copper porphyry at West Huntoon which was established last year," said chairman Brian Hall.

"We have a variety of interesting exploration targets on our claims but are particularly excited about the West Huntoon prospect.

"We are looking forward to a busy work season and will report to shareholders on a timely basis."

At 1307 BST, shares in Great Western Mining Corporation were up 0.22% at 0.05p.

Reporting by Josh White for Sharecast.com.

More News
4 May 2021 16:12

EXECUTIVE CHANGES: 88 Energy appoints new managing director

EXECUTIVE CHANGES: 88 Energy appoints new managing director

Read more
28 Apr 2021 16:35

TRADING UPDATES: LSL Property profit surges despite lower revenue

TRADING UPDATES: LSL Property profit surges despite lower revenue

Read more
16 Apr 2021 11:33

AIM WINNERS & LOSERS: InfraStrata jumps on joint contract win

AIM WINNERS & LOSERS: InfraStrata jumps on joint contract win

Read more
16 Apr 2021 11:16

Great Western Mining starts drilling at Nevadan Olympic gold project

Great Western Mining starts drilling at Nevadan Olympic gold project

Read more
16 Apr 2021 10:01

Great Western Mining begins drilling at Olympic gold project

(Sharecast News) - Great Western Mining announced on Friday that drilling had now started at the Olympic Gold Project in Nevada's Mineral County.

Read more
1 Apr 2021 15:06

Great Western makes progress with Mineral County claims

(Sharecast News) - Great Western Mining updated the market on its operations in Mineral County, Nevada on Thursday, where it holds around 17,000 acres of claims, and was exploring for, appraising and developing precious and base metals.

Read more
1 Apr 2021 12:00

TRADING UPDATES: 4D Pharma loss widens on rise in administrative costs

TRADING UPDATES: 4D Pharma loss widens on rise in administrative costs

Read more
22 Mar 2021 17:10

Great Western Mining raises £1m to expand exploration programme

(Sharecast News) - Nevada-focussed gold, silver and copper exploration and development company Great Western Mining has raised £1m through a placing, it announced on Monday, to expand its 2021 exploration programme.

Read more
22 Mar 2021 10:41

Great Western Mining set for busy 2021 after GBP1 million equity raise

Great Western Mining set for busy 2021 after GBP1 million equity raise

Read more
25 Feb 2021 12:27

TRADING UPDATES: Ilika Hits New Milestones For Stereax Scale-Up

TRADING UPDATES: Ilika Hits New Milestones For Stereax Scale-Up

Read more
25 Feb 2021 11:52

Great Western Mining reports solid progress across its projects

(Sharecast News) - United States-focussed mineral exploration and development company Great Western Mining updated the market on its operations on Thursday, noting that it had staked new claims at the Olympic gold project.

Read more
10 Feb 2021 16:14

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
8 Feb 2021 16:10

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
29 Jan 2021 12:06

TRADING UPDATES: Novacyt, Bloomsbury Expect Strong Annual Performance

TRADING UPDATES: Novacyt, Bloomsbury Expect Strong Annual Performance

Read more
4 Jan 2021 21:17

IN BRIEF: Great Western Pours First Gold And Silver At Mineral Jackpot

IN BRIEF: Great Western Pours First Gold And Silver At Mineral Jackpot

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.