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LONDON (Alliance News) - Great Western Mining Corporation PLC said Wednesday it completed drilling of the eight reverse circulation boreholds at its M2 Copper-Gold project in Nevada.
Great Western Mining shares were up 27.4% at 1.37 pence.
Assay results from the first four holes showed "significant" copper intervals.
The company said anomalous gold readings occurred in all four holes, coincident with anomalous copper readings.
"Drilling to date has been very encouraging, particularly in M2-034 where we encountered highly anomalous copper intercepts with a high reading of 2.59% copper accompanied by significant gold," Chief Executive Officer David Fraser said.
