Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video 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: 0.0415
Bid: 0.041
Ask: 0.042
Change: 0.00 (0.00%)
Spread: 0.001 (2.439%)
Open: 0.0415
High: 0.0415
Low: 0.0415
Prev. Close: 0.0415
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 upgrades Mineral Jackpot road ahead of drilling

Tue, 29th Mar 2022 13:35

(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.

The AIM-traded firm said the road connects its base at Marietta to the Mineral Jackpot properties, made up of five historic mines - Mineral Jackpot, Bass, Ming Toy, Silver Bell and Silver Moon.

None of those, which dated from the late 19th and early 20th centuries, had been exploited in recent times, but in the last two years rock chip sampling, soil sampling, magnetometer surveys and drone surveys by Great Western had identified "exciting potential" for further gold and silver exploitation.

As it previously said, Great Western estimated an approximate doubling of the mineralisation over the area, and believed there was connectivity between the five individual mines.

The road to Mineral Jackpot is 14 kilometres long, with a vertical elevation of about 660 metres from Marietta to the mine site.

Great Western said the work involved widening the existing road from eight to 14 feet, and grading it.

Where the road was built into the mountainside, it was blasted over several hundred metres to achieve the required width, and was now accessible for large vehicles including rigs and equipment for drilling, and trucks for removing spoil material for processing.

The company has a permit in place for a five shallow-hole drill programme at Mineral Jackpot, to test high grade outcropping veins close to the historical mine workings.

It was aiming to drill some or all of the holes as part of the 2022 work programme, subject to contractor availability.

A total of 51 spoil heaps had already been identified at Mineral Jackpot, left over from historic mining operations.

"Completion of this road represents a very positive start to the 2022 work season on our claims in Mineral County, Nevada and is a significant step in enabling us to exploit the Mineral Jackpot area," said chairman Brian Hall.

"Our field team is in place and well advanced in preparations for first drilling, likely to commence at the Rock House properties, the precise timing of which will depend on the drill contractor.

"We will keep shareholders informed and are looking forward to making strong progress on all fronts this year."

At 1310 BST, shares in Great Western Mining Corporation were up 3.85% at 0.14p.

More News
12 Jul 2022 09:48

Great Western Mining shares rise on deal for processing joint venture

(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.

Read more
7 Jul 2022 16:01

UK shareholder meetings calendar - next 7 days

Friday 8 July 
Kavango Resources PLCAGM
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
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
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.

Read more
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.

Read more
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.

Read more
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:

Read more
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.

Read more
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.

Read more
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:

Read more
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:

Read more
8 Feb 2022 18:10

TRADING UPDATES: Mattioli reaches record client assets in first half

TRADING UPDATES: Mattioli reaches record client assets in first half

Read more
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.

Read more
12 Jan 2022 17:58

TRADING UPDATES: Equals Group and IQGeo expect strong 2021

TRADING UPDATES: Equals Group and IQGeo expect strong 2021

Read more
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

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.