Last checked at 22 Nov 2021 07:00
GREAT WESTERN MINING CORPORATION PLC
("Great Western", "GWM" or the "Company")
Appointment of Exploration Manager
Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW), which is exploring and developing gold, silver and copper targets in Mineral County, Nevada, is pleased to announce the appointment of Dr. James Blight as Exploration Manager.
Dr. Blight will join the Company on 29 November 2021 and within his first week will travel to the Company's operations in Nevada to review the proposed 2022 work programme, which will include further drilling and ongoing plans for the reprocessing of spoil heaps and tailings.
Dr. Blight is a Chartered Professional affiliated to the Australasian Institute of Mining and Metallurgy ('AusIMM'), with relevant experience in vein-hosted gold and base-metals exploration, and is a 'Qualified Person' for reporting purposes. His career has included frontier and near-mine exploration, resource interpretation, infill drill programmes, pre-feasibility studies and assessment of mined materials for potential reprocessing operations.
Dr. Blight has worked on projects in West Africa, Saudi Arabia, Ethiopia, the Gobi Desert of Mongolia and peri-arctic Sweden.
At Jibal Qutman in Saudi Arabia, he identified and sampled the Red Hill gold target which became a 40,000 oz. satellite deposit.
Most recently he has worked with Cornwall Resources PLC where he was the technical lead at the Redmoor Project, discovering a new tungsten-tin-copper resource. Following this, he designed a second drill campaign which succeeded in more than doubling the originally estimated tonnage, at better than anticipated grades.
Brian Hall, Executive Chairman, commented: "We are pleased to welcome James Blight to this senior position in our team and look forward to working with him. He joins us at a time when we are hard at work on our large portfolio of projects in Nevada with the ultimate aim of making a major discovery and the experience he brings should help us to achieve this objective.
"Our successful drilling campaign at the Olympic Gold Project and the Rock House Group earlier this year will be followed up with further drilling in early 2022. We are currently advancing work on other claim groups including multiple surveys at Mineral Jackpot, the East Mine Group and in the Huntoon Valley. The prospective scope of our commercial development of pre-mined material is continually expanding and we are looking forward to updating shareholders on this.
"We have made significant progress in the last two years since we prioritised the hunt for precious metals and with a strengthened team we look forward to an exciting year in 2022."
For further information
Great Western Mining Corporation PLC | |
Brian Hall, Chairman | +44 207 933 8780 |
Max Williams, Finance Director | +44 207 933 8780 |
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Davy (NOMAD, Euronext Growth Adviser & Joint Broker) John Frain |
+353 1 679 6363 |
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Novum Securities (Joint Broker) Jon Belliss |
+44 207 399 9400 |
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Walbrook PR (PR advisers) Nick Rome/Nicholas Johnson |
+44 207 933 8783 |
Notes to Editors
The Company has a large tract of acreage in Mineral County, Nevada. The area consists of rugged, mountainous terrain, which means that large parts of it remain under-explored. Mineral potential is hosted by the regional Walker Lane Structural Belt, the largest structural and metallogenic belt in Nevada, yet one of the least explored in recent times, with gold, silver and copper currently produced in Mineral County. Great Western has seven distinct concession areas which offer the potential for exploiting (1) short term gold and silver deposits and (2) long-term, world-class copper deposits.
Six of the Company's properties are in the west of Mineral County and are 100% owned and operated. The Company has an option to acquire a seventh property, the Olympic Gold Project, in the east of the county. Great Western's small exploration team is supported by locally based consultants and contractors.
The state of Nevada is generally considered to be one of the world's most mining friendly jurisdictions. While tightly regulated and environmentally conscious, Nevada welcomes the mining industry. Great Western takes care to ensure that its claims are maintained in good standing and all regulations observed.
There are numerous gold and silver prospects on the Company's acreage, including extensive historic mine workings which offer the opportunity for secondary recovery.
Furthermore, through extensive drilling over a five-year period, GWM has established a Mineral Resource on its first target area known as M2, of 4.3 million tonnes at 0.45% copper, for 19,000 tonnes of contained copper metal. This resource has been independently reported in accordance with JORC guidelines.