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Pin to quick picksGreat Western Regulatory News (GWMO)

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Increase in Land Position

27 Jul 2018 10:25

RNS Number : 0101W
Great Western Mining Corp. plc
27 July 2018
 

Great Western Mining Corporation PLC

 

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

 

Increase in Land Position

 

Great Western Mining (AIM: GWMO and ESM: 8GW) announces an approximate 30% increase in the land position of the M2-Sharktooth prospect with the addition of 66 unpatented claims to the Eastern and South-Eastern flank of Black Mountain. The new claims secure a highly prospective extension to the M2-Sharktooth zone, providing both an enlarged potential operational footprint and future access for mine development on the eastern side of the mountain.

 

The Company has also increased its land position on the western side of Black Mountain and the M4 prospect with the addition of 32 unpatented claims. These new claims, in conjunction with the 10 new claims added to the M8 prospect at the turn of the year, have increased the overall land position held by Great Western Mining in Mineral County, Nevada by approximately 12% to 1004 unpatented claims. These claims now cover a total land area of approximately 81.75 square kilometres.

 

 

Chief Executive, David Fraser commented: "We are very pleased to have completed this timely extension to our claim areas at M2 and M4 as our drill programmes for both prospects are now in full swing, with the first assay results imminent. The recent share placing has allowed us to plan an extension to the current drilling on M2-Sharktooth so as to investigate further the mineralised and highly prospective breccia encountered in drill hole M2-041. We have been very encouraged by the drilling to date and look forward to updating shareholders with the first results and analysis as soon as available."

 

 

 

This announcement contains inside information as stipulated under the Market Abuse Regulations (EU) no. 596/2014 ("MAR").

 

 

 

 

 

ENQUIRIES:

 

Great Western Mining Corporation PLC

David Fraser, Chief Executive

 

+44 207 933 8795 (via Walbrook)

+44 207 933 8795 (via Walbrook)

Davy (Nomad, ESM Adviser & Broker)

John Frain

 

 

Novum Securities Limited (Joint Broker)

Jon Belliss

 

 

 

+353 1 679 6363

 

 

 

 

+44 207 399 9400

+353 1 679 6363

 

Walbrook PR (UK PR and IR)

Paul Cornelius

Nick Rome

+44 207 933 8795

greatwesternmining@walbrookpr.com

+44 207 933 8795

greatwesternmining@walbrookpr.com

 

 

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.
 
END
 
 
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Date   Source Headline
26th Feb 201910:21 amRNSNew Website
25th Feb 201912:45 pmRNSNotification of Major Holdings
14th Feb 201910:41 amRNSM4 Permit Application Update
15th Jan 20197:00 amRNSInvestor Evening
17th Dec 20189:23 amRNSDirector/PDMR Shareholding
10th Dec 20183:11 pmRNSM4 Drill Results
14th Nov 20183:16 pmRNSOperational Update
6th Nov 20189:55 amRNSHolding(s) in Company
2nd Nov 201811:56 amRNSHolding(s) in Company
31st Oct 20184:41 pmRNSSecond Price Monitoring Extn
31st Oct 20184:35 pmRNSPrice Monitoring Extension
30th Oct 20184:12 pmRNSHolding(s) in Company
22nd Oct 20187:00 amRNSSenior Management Appointment
3rd Oct 20181:43 pmRNSIssue of Share Options
1st Oct 20181:29 pmRNSM2 Revised JORC Resource and Update
24th Sep 201811:34 amRNSPositive Drill Results at M1
21st Sep 20187:00 amRNSHalf-year Report
13th Sep 20182:00 pmRNSPrice Monitoring Extension
4th Sep 20182:22 pmRNSHolding(s) in Company
30th Aug 20187:00 amRNSM2-Sharktooth Update and Assay Results
10th Aug 201810:54 amRNSHolding(s) in Company
8th Aug 201811:37 amRNSM2-Sharktooth Update
30th Jul 20187:00 amRNSEnterprise Securities Market Notice
27th Jul 201810:25 amRNSIncrease in Land Position
26th Jul 201811:03 amRNSHolding(s) in Company
25th Jul 20187:00 amRNSEnterprise Securities Market Notice
6th Jul 201810:24 amRNSExercise of Share Options
4th Jul 20182:33 pmRNSDirector/PDMR Shareholding
3rd Jul 20182:58 pmRNSHolding(s) in Company
3rd Jul 20189:05 amRNSSecond Price Monitoring Extn
3rd Jul 20189:00 amRNSPrice Monitoring Extension
3rd Jul 20187:00 amRNSOperational Update and Placing
29th Jun 201811:33 amRNSDirector/PDMR Shareholding
4th Jun 201812:03 pmRNSHolding(s) in Company
30th May 201810:50 amRNSBuyback and cancellation of Deferred Shares
24th May 20189:16 amRNSHolding(s) in Company
23rd May 201812:06 pmRNSM2 Update
17th May 201811:31 amRNSResult of AGM
24th Apr 20189:21 amRNSOperational Update
13th Apr 20183:42 pmRNSHolding(s) in Company
10th Apr 20189:46 amRNSPublication of Annual Report and Notice of AGM
9th Apr 20188:52 amRNSAppointment of Joint Broker
6th Apr 201812:51 pmRNSFinal Results
6th Mar 20187:00 amRNSOperational Update
2nd Mar 201812:32 pmRNSStatement re Broker
19th Feb 201810:55 amRNSHolding(s) in Company
16th Feb 20185:43 pmRNSUpdate on M2 Technical Scoping Study
18th Jan 201811:01 amRNSOperational Update
12th Dec 20173:44 pmRNSHolding(s) in Company
6th Dec 201712:03 pmRNSHolding(s) in Company

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