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Pin to quick picksGreat Western Share News (GWMO)

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Great Western Mining "Encouraged" By Exploration Results At M8

Fri, 02nd Aug 2019 17:29

(Alliance News) - Great Western Mining Corp PLC on Friday said it has secured the X-ray fluorescence soil results from ALS Geochemistry's laboratory in Reno, US state of Nevada.

In addition, the AIM-listed company said it received the inductively coupled plasma atomic emission spectroscopy grab samples from Bureau Veritas Inspectorate's laboratory, also in Reno.

Great Western Mining said analysis of the soil samples has identified two strong trends of copper anomalism within an M8 prospect, located in Marietta District, Nevada, centred along the two fault corridors, previously recognised during the geological mapping exercise.

Grab samples were also taken during the mapping phase, with "encouraging" results, including copper in the vicinity of the northern fault corridor, along with anomalous molybdenum and zinc readings.

The Irish exploration company said it is encouraged by the results of both the initial soil sampling programme and the grab sampling programme.

Looking ahead, Great Western Mining said the next phase of exploration work at M8 will be an infill soil programme centred on and around the two fault blocks, which will better define the trends seen in the current broad spaced pattern.

Following this programme, an induced polarisation & resistivity survey will be conducted on top of and along strike of the main copper trends, the objective of which being to identify sulphide targets which may be blind to surface mapping and geochemical sampling techniques.

"The results of the soil and grab sample programme at M8 confirm Great Western Mining's initial assessment suggesting a potential buried copper porphyry," said Chief Executive David Fraser.

"The company will now quickly move forward with a more targeted soil programme and IP survey to identify targets for drilling," added Fraser.

Great Western Mining shares closed 1.9% higher on Friday in London at 0.47 pence each.

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18 Apr 2024 10:51

Great Western Mining buys 825-acre Olympic Gold project in Nevada

(Alliance News) - Great Western Mining Corp PLC on Thursday said it has agreed to acquire the Olympic Gold project in Mineral County, Nevada from Nevada Select Royalty Inc for USD150,000.

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18 Apr 2024 10:50

Great Western Mining exercises option to acquire Olympic Gold Project

(Sharecast News) - Great Western Mining has exercised its option to acquire the Olympic Gold Project in Nevada's Mineral County, it announced on Thursday.

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11 Apr 2024 16:11

Great Western Mining begins new surveys in Mineral County

(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.

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11 Apr 2024 11:25

IN BRIEF: Great Western Mining starts surveys at Nevada operations

Great Western Mining Corp PLC - Nevada-focused gold, silver and copper explorer - Starts induced polarisation and resistivity surveys at its West Huntoon copper porphyry prospect and the M5 gold-silver-copper prospect in Mineral County, Nevada. Says the surveys will provide information about the subsurface for drill targeting at both prospects. Expects both surveys to complete in April.

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27 Mar 2024 18:47

TRADING UPDATES: Empire Metals targets key milestones in Australia

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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27 Mar 2024 13:02

Great Western Mining posts encouraging results from Olympic Project

(Sharecast News) - Great Western Mining released encouraging results from its ongoing exploration efforts on the Rhyolite Dome gold target on Wednesday, within its Olympic Gold Project in Nevada.

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11 Mar 2024 12:56

Great Western Mining raises GBP700,000 ahead of busy summer period

(Alliance News) - Great Western Mining Corp PLC on Monday said it has raised GBP700,500 ahead of "another busy and productive summer work season."

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30 Jan 2024 11:13

Great Western Mining celebrates minerals finds in Nevada

(Alliance News) - Great Western Mining Corp PLC on Tuesday gave an upbeat update on mineral findings from the West Huntoon area of its Huntoon Copper project.

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23 Jan 2024 12:34

Great Western Mining down after signing Huntoon Valley joint venture

(Alliance News) - Great Western Mining Corp PLC on Tuesday announced a partnership with a Nevada landowner, aimed at unlocking the copper potential of its Huntoon Valley claims.

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23 Jan 2024 10:36

AIM WINNERS & LOSERS: Brave Bison to beat market view in 2023

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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10 Jan 2024 11:44

Great Western Mining shares jump after completing Mineral County mill

(Alliance News) - Great Western Mining Corporation PLC on Wednesday said construction had been completed at its latest Nevada mill site in line with the company's timeline.

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10 Jan 2024 10:46

AIM WINNERS & LOSERS: Great Western completes mill construction

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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14 Dec 2023 16:48

Great Western Mining finds "substantial" gold samples at Nevada claims

(Alliance News) - Great Western Mining Corp PLC on Thursday said it discovered a "substantial" area of anomalous gold in soil samples at its M5 prospect in the Jack Springs claims group in Mineral County, Nevada.

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14 Dec 2023 16:42

Great Western Mining makes substantial discovery at Walker Lane

(Sharecast News) - Great Western Mining announced a substantial discovery in the Walker Lane trend of Nevada on Thursday.

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16 Nov 2023 11:52

IN BRIEF: Great Western shares soar on surprise new copper finding

Great Western Mining Corp PLC - exploring gold, silver and copper targets in Nevada - Announces "material upgrade" in the Huntoon project's copper potential. Reports "clear evidence" in the Huntoon Valley area of a previously unidentified copper porphyry system. Says field evidence from across the area suggests a large sub-cropping magmatic-hydrothermal system, and that other nearby projects "continually" provide evidence for other such systems in the region. If the valley does contain this "major" new porphyry, the previously established resource at the M2 prospect would "only be a peripheral component" to it.

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