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Pin to quick picksGreat Western Mining Corporation PLC Regulatory News (GWMO)

Share Price Information for Great Western Mining Corporation PLC (GWMO)

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Spread: 0.10 (3.125%)
Market Cap: £14.08m
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Drilling Programme Completed

26 Aug 2014 07:00

RNS Number : 8661P
Great Western Mining Corp. plc
26 August 2014
 



 

 

Great Western Mining Corporation PLC

("Great Western Mining", "GWM" or the "Company")

 

Drilling Programme Completed

 

Great Western Mining, the AIM (AIM:GWMO) and ESM quoted mineral exploration company with 73 sq. kilometres of mineral claims in south-west Nevada USA, is pleased to report that its Phase 2 drilling programme aiming to establish a JORC Resource at the Company's M2-Smith copper target is now complete.

The Phase 2 programme has completed 23 holes (M2-010 to 032) for a total of 14,000 feet, at an average depth per hole of 608 feet (185.3 metres). Great Western's Phase 1 drilling programme in 2013 completed nine holes (M2-001 to 009) for a total of 2,580 feet, at an average depth per hole of 286.7 feet (87.4 metres).

 

Great Western Mining is currently conducting drill shut down, drill pad reclamation and restitution, in accordance with the conditions of the Company's drill permit from the US Bureau of Land Management.

 

The Company expects to receive the final assay results from Bureau Veritas Inspectorate over the next three weeks. GWM's Consulting Geologist, Donald G Strachan, QP CPG, is expected to deliver his JORC compliant Phase 2 drilling report about a month after the receipt of the final assay results, after which the Company will make a further announcement.

 

 

ENQUIRIES:

 

Great Western Mining Corp Plc

David Fraser, Chief Executive

 

 

+44 207 933 8795

Davy (Nomad, ESM Adviser & Joint Broker)

John Frain

Roland French

+353 1 679 6363

john.frain@davy.ie

roland.french@davy.ie

 

Hume Capital Securities plc (Joint Broker)

Jon Belliss

Abigail Wayne

 

+44 203 693 1470

 

Walbrook (UK PR and IR)

Paul Cornelius

Guy McDougall

+44 207 933 8795

greatwesternmining@walbrookpr.com

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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