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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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(Alliance News) - Shares rose in Great Western Mining Corp PLC on Tuesday after the company signed a memorandum of understanding with an unnamed Nevada-based mining contractor to create a new joint venture for processing waste material from Great Western's mines.

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7 Jul 2022 16:01

UK shareholder meetings calendar - next 7 days

Friday 8 July 
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Value & Indexed Property Income Trust PLCAGM
JPMorgan Multi-Asset Growth & Income PLCAGM
Monday 11 July 
Downing Strategic Micro-Cap Investment Trust PLCAGM
National Grid PLCAGM
Randall & Quilter Investment Holdings LtdGM re fundraising
Water Intelligence PLCAGM
Tuesday 12 July 
British Land Co PLCAGM
BSF Enterprise PLCAGM
Burberry Group PLCAGM
Capital Gearing Trust PLCAGM
Kazera Global PLCAGM
Sanderson Design Group PLCAGM
tinyBuild IncAGM
Wincanton PLCAGM
Wednesday 13 July 
Asiamet Resources LtdAGM
Esken LtdAGM
LondonMetric Property PLCAGM
Mycelx Technologies CorpAGM
Oilex LtdGM re name change to Synergia Energy
Steppe Cement LtdAGM
Thursday 14 July 
BT Group PLCAGM
Dr Martens PLCAGM
Great Western Mining Corp PLCAGM
Helical PLCAGM
Mind Gym PLCAGM
Personal Assets Trust PLCAGM
Randall & Quilter Investment Holdings LtdAGM
RS Group PLCAGM
Triple Point VCT 2011 PLCAGM
Vietnam Enterprise Investments LtdAGM
  
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13 Jun 2022 20:25

IN BRIEF: Great Western drills three new holes at Trafalgar Hill

Great Western Mining Corp PLC - gold, silver and copper project developer focused in Nevada, US - Says contracted reverse circulation drill rig was moved to the Trafalgar Hill prospect at the Olympic gold project in Nevada, where it has now drilled three holes with an aggregate length of 430 metres. The lithology and alteration were successfully predicted and the target horizon encountered in all three holes, it notes.

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13 Jun 2022 14:51

Great Western pleased with latest drilling at Trafalgar Hill

(Sharecast News) - Nevada-focussed gold, silver and copper explorer and developer Great Western Mining updated the market on its current drilling campaign on Monday, with three holes now drilled for a combined length of 430 metres at Trafalgar Hill.

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8 Jun 2022 16:44

IN BRIEF: Great Western Mining notes "excellent" drilling progress

Great Western Mining Corp PLC - gold, silver and copper project developer focused in Nevada, US - Completes three holes at Rock House totalling 488 metres, with positive indicators of alteration. Says rig is now at the Olympic Gold Project for drilling at Trafalgar Hill. First drilling at the Mineral Jackpot properties will follow, it adds.

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19 May 2022 18:55

TRADING UPDATES: Knights tips revenue hike; Gym Group eyes growth

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

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19 May 2022 11:02

AIM WINNERS & LOSERS: Great Western Mining starts "busy" drill season

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

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28 Apr 2022 16:11

IN BRIEF: Great Western Mining boasts a "busy" and "successful" 2021

Great Western Mining Corp PLC - gold, silver and copper project developer focused in Nevada, US - Narrows loss in 2021 to EUR535,960 from EUR852,042. Net assets at year-end increase by 11% to EUR9.3 million from EUR8.4 million. Reports no revenue, in line with the previous year. Calls the year busy, productive and successful despite the restrictions caused b the pandemic.

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29 Mar 2022 13:35

Great Western upgrades Mineral Jackpot road ahead of drilling

(Sharecast News) - Great Western Mining Corporation announced on Tuesday that the upgrade of the road to its Mineral Jackpot group of properties was now complete.

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24 Mar 2022 21:01

TRADING UPDATES: Getech wins mining contracts; Bluejay starts drilling

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

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23 Feb 2022 20:11

TRADING UPDATES: BiVictriX expands development; Okyo wins US patent

(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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TRADING UPDATES: Mattioli reaches record client assets in first half

TRADING UPDATES: Mattioli reaches record client assets in first half

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8 Feb 2022 15:13

Great Western Mining outlines 2022 drilling plans

(Sharecast News) - Nevada-focussed gold, silver and copper explorer and developer Great Western Mining updated shareholders on its 2022 approved drilling programme on Tuesday.

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12 Jan 2022 17:58

TRADING UPDATES: Equals Group and IQGeo expect strong 2021

TRADING UPDATES: Equals Group and IQGeo expect strong 2021

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6 Dec 2021 19:18

TRADING UPDATES: Great Western notes good assays; Guild signs Villalba

TRADING UPDATES: Great Western notes good assays; Guild signs Villalba

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