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
22 May 2020 09:50

Great Western acquires 48 mineral claims from Nevada Select Royalties

(Sharecast News) - Gold, silver and copper miner Great Western Mining has inked an option agreement to acquire 48 mineral claims in the US state of Nevada from Nevada Select Royalties.

Read more
23 Apr 2020 15:40

UK TRADING UPDATE SUMMARY: Braemar Says Oil Tankers Wanted For Storage

UK TRADING UPDATE SUMMARY: Braemar Says Oil Tankers Wanted For Storage

Read more
16 Apr 2020 14:57

UK TRADING UPDATE SUMMARY: NHS Uses Induction Healthcare's Mobile App

UK TRADING UPDATE SUMMARY: NHS Uses Induction Healthcare's Mobile App

Read more
8 Apr 2020 14:57

Great Western Annual Loss Narrows, Ready To Resume Operations

Great Western Annual Loss Narrows, Ready To Resume Operations

Read more
20 Feb 2020 11:14

Great Western Mining Fundraises To Boost Exploration In Nevada

Great Western Mining Fundraises To Boost Exploration In Nevada

Read more
10 Jan 2020 13:30

Great Western Mining reports 'compelling evidence' from Rock House sampling

(Sharecast News) - Great Western Mining Corporation announced the results of its recently-completed soil sampling survey at the Rock House area on its properties in Mineral County, Nevada on Friday.

Read more
10 Jan 2020 09:34

Great Western Finds Evidence Of Mineralisation At Nevada Project

Great Western Finds Evidence Of Mineralisation At Nevada Project

Read more
6 Jan 2020 10:15

Great Western Mining Reports Encouraging Mineral Jackpot Test Results

Great Western Mining Reports Encouraging Mineral Jackpot Test Results

Read more
9 Dec 2019 12:17

Great Western Mining Completes Soil Sampling At Nevada Properties

Great Western Mining Completes Soil Sampling At Nevada Properties

Read more
13 Nov 2019 16:59

Great Western Mining Raises GBP300,000, Announces Board Changes

Great Western Mining Raises GBP300,000, Announces Board Changes

Read more
30 Sep 2019 10:45

Great Western Mining To Target Precious Metals Over Copper Amid Loss

Great Western Mining To Target Precious Metals Over Copper Amid Loss

Read more
2 Aug 2019 17:29

Great Western Mining "Encouraged" By Exploration Results At M8

(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 the a

Read more
26 Jul 2019 13:55

Great Western Mining Gets Further Positive News From Nevada

(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 the

Read more
26 Jun 2019 14:47

Great Western Mining Says Field Work Shows Project Sits On Gold Fault

(Alliance News) - Great Western Mining Corp PLC said Wednesday its 2019 field programme in Mineral County, Nevada, US has shown "excellent" correlation with regional anomalous lineations

Read more
29 May 2019 11:59

Great Western Mining Excited By Test Results From Nevada Prospects

LONDON (Alliance News) - Great Western Mining Corp PLC on Wednesday reported a "very exciting" development at assets in Nevada's Mineral County.However, shares were 13% lower

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.