RE: GWMO 20211 Jan 2021 17:31
18th Dec RNS... Key bits
"Pilot magnetometer survey completed over the northern part of the MJ area has highlighted existing known structures together with potential new linking structures and extensions to the south-east"
"Results from the survey are very positive and indicate that the larger known structures on these properties are well-defined, with potential linking structures also identified."
"The magnetic survey defines veins and additional vein sets"
18th Nov RNS
"The five historic and adjoining mines in mountainous terrain which make up MJ have been further explored in 2020, doubling the previously known mineral footprint for gold and silver and establishing connectivity between all five mine sites, as well as establishing an extension to the south-east"
Olympic - "OMCO Mine Extension where the Company is trying to identify the continuation of historically prolific gold and silver veins to the east and south of a fault which was the limit of previous exploitation."
15th Oct RNS
"Using modern technology, Great Western has established previously unknown connectivity between the old mine sites and has also mapped extensions of the precious metal-bearing veins beyond the original operating envelope"
"Rich veins established through sampling would normally be cross-trenched and then drilled, but access for trenching is impractical so these veins will be directly drilled"
So potential new linking structures and extensions, very positive survey results with potential for linking of structures, magnetic survey defining veins and additional veins, established connectivity between all 5 historic MJ mines, continuation of veins at OMCO and rich veins established etc etc.
In short this all means the potential for a huge amount of gold and likely to be not far from the surface. Even if these assets only turn out to be one fifth of what GGP have there's still considerable upside, especially for 2021
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