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Pin to quick picksGreat Western Share News (GWMO)

Share Price Information for Great Western (GWMO)

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Share Price: 0.039
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Change: -0.0005 (-1.27%)
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Great Western Mining Gets Further Positive News From Nevada

Fri, 26th Jul 2019 13:55

(Alliance News) - Great Western Mining Corp on Friday reported further evidence of an extension to the Golconda fault corridor in the US state of Nevada.

In June, Great Western reported analysis suggested the Golconda-Candelaria fault intersected the southernmost's of its claims.

Great Western has carried out geological mapping over the entire 5.4 square kilometre EM Group claim, and also took 180 soil samples and 34 rock grab samples.

Copper oxide and iron oxide mineralisation is in quartz veins at the surface, Great Western said, with most north-east to south-west trending. Two faults are "immediately" prospective, the firm added.

The company is to now further refine soil sampling, it added, to more precisely locate the mineralisation. It will also carry out an induced polarisation and resistivity survey.

Chief Executive David Fraser said: "Our recent work at M8 provides further evidence of the potential westward extension of the Golconda Fault corridor into the Great Western claim area so that M8 now has the potential to become the company's fourth major copper target, indicating district style faulting within the licence area.

"We are now planning further soil sampling and an IP survey to delineate future drill targets and will provide further updates as analysis and work continues over the summer."

Shares were 0.2% lower on Friday at a price of 0.55 pence each.

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4 Jul 2018 14:41

DIRECTOR DEALINGS: Great Western Mining Chief Executive Buys Shares

LONDON (Alliance News) - Great Western Mining Corp PLC said that Chief Executive Officer David Fraser purchased 2.0 million shares at a price of 1.3 pence per share on Wednesday.It has not

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23 May 2018 16:29

Great Western Mining Completes Drill Programme At Nevada Project

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 a

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24 Apr 2018 14:34

Great Western Mining Progresses Operations On Mineral County

LONDON (Alliance News) - Great Western Mining Corp PLC said on Tuesday that the M2 infill drilling programme in Mineral County, Nevada has progressed well despite technical and operational leading

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17 Oct 2016 10:51

Great Western Mining reports positive M1 results, raises £0.5m

(ShareCast News) - Great Western Mining updated the market on the M1 prospect on Monday, following a second soil and rock chip sampling programme during the spring and early summer to consolidate the "very encouraging" results of the previous year. The AIM-traded firm said the programme has taken a

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28 Sep 2016 10:35

Great Western Mining To Work Towards Commercial Operations

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9 Aug 2016 09:00

Great Western and Crown Point to cooperate at Huntoon

(ShareCast News) - Great Western Mining announced on Tuesday the signing of a cooperation agreement for the initial development of its M1 copper-gold prospect in Mineral County, Nevada. The AIM and ESM-traded firm said the agreement is with neighbouring interest holder Crown Point Gold & Silver Mini

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20 Apr 2016 11:45

Great Western Mining narrows FY loss

(ShareCast News) - Aim-listed gold, silver and copper miner Great Western Resources said it had narrowed full year pre-tax losses to €0.34m from €0.37m. The company said it had made "good progress" in its Nevada operations during the year and was now "gearing up to develop a pilot production plant a

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20 Apr 2016 08:59

Great Western Mining Loss Narrows After Solid 2015 Progress

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Great Western Mining Clears Final Hurdle Ahead Of Nevada Drilling

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Great Western Gets US Forest Service Approval For Target 4 Drilling

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Great Western Mining Programme Gets All Clear From US Forest Service

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Great Western Mining highlights positive M1 soil sampling results

(ShareCast News) - Great Western Mining said soil samples carried out on its M1 prospect in the US revealed widespread anomalous mineralisation, with a high reading for copper of 2,467 parts per million, and a gold reading of up to 248 parts per billion spread over a large area. There were also anom

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Great Western Mining Gets Results From Soil Sampling At M1 Prospect

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