Less Ads, More Data, More Tools Register for FREE

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

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

Share Price is delayed by 15 minutes
Get Live Data
2.90    -0.05 (-1.67%)
Bid:
2.80
Ask:
3.00
Spread: 0.20 (7.143%)
Market Cap: £12.85m
GWMO Live PriceLast checked at - London Stock Exchange

Intraday Great Western Mining Corporation PLC Share Chart

First Gold and Silver Poured

4 Jan 2021 07:00

RNS Number : 3810K
Great Western Mining Corp. plc
04 January 2021
Β 

GREAT WESTERN MINING CORPORATION PLC

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

Β 

FIRST GOLD AND SILVER POURED

Β 

Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW) is pleased to announce that it has poured first gold and silver and produced a dorΓ© bar as a pilot exercise using material from test spoil heaps on its Mineral Jackpot property in Mineral County, Nevada. The success of the trial proves the concept of being able to extract gold and silver from up to 12,000 tons of material available from 38 spoil heaps on the property.

Β 

This operation was carried out at a facility in Mineral County where an initial load of approximately 4 tonnes of material was crushed and has been processed through a local laboratory. In parallel, analysis of a consignment of the same material is being treated and analysed in a laboratory in the UK to determine the optimum method for producing precious metals on a sustainable commercial basis, first results of which are expected to become available later this month.Β 

Β 

In addition to the spoil heaps at Mineral Jackpot (the generic name used for a group of five historic and neighbouring gold mines), recent soil, rock and magnetometer surveys have doubled the known surface area of mineralisation and established previously unknown connectivity between the different mines. Great Western plans to follow the veins with new drilling as soon as an appropriate rig suitable for use in the mountainous terrain becomes available and weather conditions permit.

Β 

The Company's claims in Mineral County cover approximately 17,000 acres. A substantial inferred and indicated resource of copper has already been established while numerous gold and silver prospects on the claims include spoil heaps for reprocessing as well as potential new veins to be drilled. Great Western's first drilling targets in 2021 are planned for the Rock House (RH) group and the Olympic Gold project, both of which have been extensively surveyed in 2020.

Β 

Great Western's chairman Brian Hall commented: "Pouring first gold and silver is a significant event for your company and we are very pleased to have met our stated objective for 2020. With the knowledge we have gained from this pilot exercise, which is still ongoing, and with first results from laboratory analysis due this month, we will be able to plan for commercial exploitation of precious metals as well as commence a new drill programme. We are well funded for our current requirements."

For further information:

Great Western Mining Corporation PLC

Brian Hall, Chairman

+44 207 933 8780

Max Williams, Finance Director

+44 207 933 8780

Β 

Davy (NOMAD, Euronext Growth Adviser & Joint Broker)

John Frain

Β 

+353 1 679 6363

Β 

Novum Securities (Joint Broker)

Jon Belliss

Β 

+44 207 399 9400

Β 

Β 

ETX Capital (Joint Broker)

Thomas Smith

Β 

+44 207 392 1494

Β 

Walbrook PR (PR advisers)

Nick Rome/Nicholas Johnson

Β 

+44 207 933 8783

Β 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Β 
END
Β 
Β 
MSCUPUPUGUPGGBW
Date   Source Headline
10th Jul 20263:57 pmRNSISSUE OF EQUITY AND GRANT OF OPTIONS
7th Jul 20267:00 amRNSSampling Returns Positive Tungsten Assay Results
3rd Jul 202611:54 amRNSEXERCISE OF WARRANTS AND ISSUE OF EQUITY
25th Jun 202611:14 amRNSResult of AGM
9th Jun 202612:24 pmRNSHolding(s) in Company
9th Jun 202612:18 pmRNSHolding(s) in Company
8th Jun 20267:00 amRNSAdmission to Trading on OTCQB in the United States
3rd Jun 202610:30 amRNSHolding(s) in Company
2nd Jun 20267:00 amRNSChange of Nominated Adviser
1st Jun 20267:00 amRNSTungsten Exploration Update
29th May 20267:05 amRNSNotice of AGM
29th May 20267:00 amRNSFinal Results for the Year Ended 31 December 2025
28th May 20267:00 amRNSOption Agreement over Eastside-Tango Project
26th May 202610:00 amRNSExercise of Warrants and Issue of Equity
11th May 202611:30 amRNSExercise of Warrants & Issue of Equity
7th May 20267:00 amRNSMetallurgical Test Work Underway: Tungsten Project
27th Apr 20261:30 pmRNSHolding(s) in Company
27th Apr 20261:30 pmRNSHolding(s) in Company
20th Apr 20269:30 amRNSExercise of Warrants and Issue of Equity
17th Apr 202612:00 pmRNSGrant of Share Options
16th Apr 20267:00 amRNSDrilling Contractor Secured for Tungsten Project
13th Apr 20267:00 amRNSOTCID Application Submitted
18th Mar 20267:00 amRNSExtension of Tungsten Project Area
13th Mar 202611:35 amRNSGrant of Share Options
13th Mar 202611:35 amRNSGrant of Share Options
3rd Mar 20265:06 pmRNSHolding(s) in Company
2nd Mar 20265:30 pmRNSHolding(s) in Company
2nd Mar 20263:51 pmRNSTotal Voting Rights
2nd Mar 20267:00 amRNSTungsten Exploration Plan & Investor Presentation
24th Feb 20267:01 amRNSHolding(s) in Company
24th Feb 20267:00 amRNSHolding(s) in Company
18th Feb 202612:03 pmRNSTotal Voting Rights
18th Feb 202612:00 pmRNSHolding(s) in Company
18th Feb 202612:00 pmRNSHolding(s) in Company
30th Jan 20267:00 amRNS£3.25m Placing to Accelerate Exploration Portfolio
29th Jan 20267:00 amRNSTungsten Mineralisation Confirmed at Defender
28th Jan 20267:00 amRNSIP Survey & RC Drilling Results at Rhyolite Dome
22nd Jan 20267:00 amRNSAu-Ag-Cu Mineralisation Confirmed at West Huntoon
12th Jan 20267:00 amRNSAppointment of Chief Executive Officer
5th Jan 20267:00 amRNSTungsten Exploration Update
18th Nov 20257:00 amRNSQ4 Exploration Programme Overview
3rd Nov 202512:10 pmRNSTotal Voting Rights
27th Oct 20257:00 amRNSHuntoon Copper Project Update
21st Oct 20257:00 amRNSDrilling Update
17th Oct 20252:15 pmRNSEXERCISE OF WARRANTS AND ISSUE OF EQUITY
6th Oct 20257:00 amRNSDrilling Underway at West Huntoon
29th Sep 20257:00 amRNSExploration Update
25th Sep 20257:00 amRNSHalf-year Report
16th Sep 20257:00 amRNS-RNew Corporate Presentation
15th Sep 20259:20 amRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.