The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGreat Western Regulatory News (GWMO)

Share Price Information for Great Western (GWMO)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0395
Bid: 0.039
Ask: 0.04
Change: 0.00 (0.00%)
Spread: 0.001 (2.564%)
Open: 0.0395
High: 0.0395
Low: 0.0395
Prev. Close: 0.0395
GWMO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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
 
 
MSCKDLBLVDFLBBX
Date   Source Headline
17th Sep 20127:00 amRNSOperational Update
31st Jul 20128:52 amRNSAppointment of Non-Executive Director
25th Jul 20121:57 pmRNSResult of AGM
23rd Jul 20129:43 amRNSChange of Adviser
19th Jul 201210:58 amRNSOperational Update
28th Jun 20127:00 amRNSFinal Results
2nd Apr 20127:00 amRNSTrading Statement
10th Jan 201212:41 pmRNSOperational Update
12th Dec 20117:00 amRNSChange of Adviser
29th Nov 20117:00 amRNSIndpt Expert Report on Drilling & Geophysical Prgm
24th Nov 20117:00 amRNSIndependent Interpretation of Geophysical Survey
3rd Nov 20117:00 amRNSEnterprise Securities Market Notice
3rd Nov 20117:00 amRNSFirst Day of Dealings on Irish ESM
7th Oct 20117:00 amRNSAdditional Listing & Appt Jnt Broker
6th Oct 20115:19 pmRNSESM - Schedule One
28th Sep 20117:00 amRNSHalf Yearly Report
5th Sep 20111:30 pmRNSAGM Statement
2nd Sep 201111:37 amRNSIssue of Equity

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.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.