M2 Permitting Update
Great Western Mining (AIM: GWMO; Euronext Growth: 8GW) announces that the United States Bureau of Land Management ("BLM") has now approved a revision notice to its M2 permit.
With this approval secured, GWM plans to drill a further two holes to target a deeply buried zone within the host diorite rock, down-plunge from the current M2 oxide copper resource. The target is a magnetic anomaly identified by a previous Induced Polarisation/Resistivity ("IP/RES") survey carried out over M2.
Drilling preparations are well in hand and the field team was on site in July, working with contractors. The programme can now be accelerated, with commencement of drilling scheduled for September.
Chief Executive, David Fraser commented: "We are very pleased to receive this permit approval from the BLM, further demonstrating the constructive relationships that we maintain with the authorities. The Company is targeting a highly-prospective, deeply-buried zone within the host diorite rock, anticipated to be the source of the widespread copper and gold mineralisation found at and near surface at M2. We will keep shareholders updated as work continues."
Since the period end the Great Western Mining has received approval from the BLM for a revision notice to the M2 permit. At M2 the objective at the appropriate time is to drill a further two holes to target a deeply-buried zone within the host diorite rock, down-plunge from the current M2 oxide copper resource. The target is a magnetic anomaly identified by a previous Induced Polarisation/Resistivity ("IP/RES") survey carried out over M2.
Is the drill not drilling still as these results were for 30th June we all knew they needed funding still time to hit something on Sharktooth we will see
Don’t know about disappointing they got the permits drill should be in the ground as we speak
As long as it hits what we want it to hit we should be laughing if it don’t then uh oh all bets will be off
Like betting on horse this share just pray it don’t fall
Lol
Think happy thoughts
If they get this debt down shouldn’t be a lot holding it back let’s just hope gold stays a these levels
We knew it was on the cards nice they kept there word
Are u paying to sell shares worth under the fee just hold them you’ve lost enough
In not is
Investing is any aim share u should be prepared for that
Think it’s more to do with what’s happening in South Africa at the moment
Of opening a shop in South Africa any thoughts
He is risen again
What a day
Hope they make a killing
F me where did they come from up today then
Been large a large sell every day results must be good
Did I buy these at £4 topped up all the way down who feels stupid now feel ur pain people
I reckon m4 must be drilled now as would think there using same rig for m2 that starts beginning sep lets all pray for the jackpot here good luck all