From 201423 May 2018 14:28
Rio Tinto Limited In talks with Great Western Corp. (GWMO) to increase its interest in Great Western Mining Corporation PLC who operate as a mineral exploration company in North America and Ireland. The company explores for copper, silver, gold, uranium, lead, and other minerals properties. It owns interest in 896 claims comprising approximately 7,305 hectares in Mineral County, Nevada. Great Western Mining Corporation PLC was incorporated in 2004 and is based in Dublin, Ireland.
Currently GWMO are carrying out reverse circulation ("RC") drilling on its M2-Smith copper target in Mineral County, Nevada, using the O'Keefe Drilling Foremost Prospector W750 drill rig, the most versatile RC drill rig configuration in the industry today. The rig has been designed with off road drilling campaigns in mind and to produce results in almost any conditions.
This is in line with the Company's programme announced to shareholders earlier in the year and work is progressing in good time and on budget. The drilling programme is designed to appraise and evaluate the successful pilot drilling carried out in 2013 on M2 and to assess the extent of the resource at the M2-Smith Prospect through step-out drilling. 14,000 feet of RC drilling is planned, in approximately 30 drill holes, but this may vary depending on the results achieved.