Last checked at 3 Nov 2016 07:00
Great Western Mining Corporation PLC
("Great Western Mining", "GWM" or the "Company")
"M1" Drill programme
Great Western Mining (AIM: GWMO & ESM) is pleased to announce that it is has agreed a joint Phase 1 drilling programme over its M1 gold and silver prospect in Mineral County, Nevada with local partner Crown Point Gold & Silver Mining LLC ("Crown Point").
The programme will concentrate on an area identified as a drilling target zone by GWM's recent soil sampling as reported to shareholders in the M1 update. The target zone falls within the 34 Great Western Mining claims that form part of the Huntoon Mine Area Cooperation Agreement signed with Crown Point earlier this year and is North East of Crown Point's claim area.
The programme will consist of three core boreholes to test the depth of the anomalous gold mineralisation identified at M1. Operations personnel are currently on site preparing access roads and drill pads. Drilling is scheduled to commence week beginning 14 November.
Chief Executive, David Fraser commented: "This is the first tangible benefit derived from the Huntoon Mine Area Cooperation Agreement. In cooperation with Crown Point the Company has designed a drill programme to follow up on the very encouraging 2015 and 2016 soil sampling exercise. Shareholders will be kept advised of progress when appropriate"
ENQUIRIES:
Great Western Mining Corporation Plc David Fraser, Chief Executive
| +44 207 933 8795 (via Walbrook) | |
Davy (Nomad, ESM Adviser & Joint Broker) John Frain Roland French | +353 1 679 6363 john.frain@davy.ie roland.french@davy.ie
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Beaufort Securities Ltd (Joint Broker) Jon Belliss Elliot Hance
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+44 207 382 8300 | |
Walbrook PR (UK PR and IR) Paul Cornelius Nick Rome | +44 207 933 8795 greatwesternmining@walbrookpr.com
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