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
4.00    -0.10 (-2.44%)
Bid:
3.80
Ask:
4.20
Spread: 0.40 (10.526%)
Market Cap: £17.33m
GWMO Live PriceLast checked at - London Stock Exchange

Intraday Great Western Mining Corporation PLC Share Chart

Operational Update

14 Nov 2018 15:16

RNS Number : 3804H
Great Western Mining Corp. plc
14 November 2018
 

Great Western Mining Corporation PLC

 

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

 

Operational Update

 

Great Western Mining (AIM: GWMO; ESM: 8GW) provides the following update on drilling operations in Mineral County, Nevada.

 

Since updating shareholders on 26 October the field team has been closely monitoring progress on hole M2-042 (M2 Copper Gold prospect in M2-Sharktooth zone) and the Company has now regretfully decided to suspend further drilling until next Spring. This is due to a forecast of imminent low temperatures in excess of -10˚ which will prohibit use of water essential to drilling operations. The prospectivity of the Sharktooth target is unchanged.

 

With the onset of more severe winter conditions M4 drilling has also now been suspended with six holes out of a nine-hole programme successfully completed. Management will submit a further drilling programme to the United States Forestry Service ("USFS") for recommencement of drilling in April next year. M4 assays are currently being carried out by Bureau Veritas and are awaited.

 

Chief Executive, David Fraser commented: "We made good progress on M4 and hope to be able to report initial results and analysis shortly. Despite best efforts by all concerned, difficult drilling conditions have prevented us from testing the prospectivity of the deep Diorite-hosted Copper-Gold target at M2 during the 2018 drilling season. We will recommence operations as early as possible next Spring, while the winter months will be used to evaluate progress so far in detail and to refine future drilling plans under the supervision of our recently appointed Chief Geologist."

 

ENQUIRIES:

 

Great Western Mining Corporation PLC

David Fraser, Chief Executive

 

 

+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

 

 

 

 

Walbrook PR (UK PR and IR)

Paul Cornelius

Nick Rome

 

+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
 
 
UPDEASFLFFLPFFF
Date   Source Headline
15th Feb 20233:00 pmRNSHolding(s) in Company
7th Feb 20237:00 amRNSOperations Update
30th Jan 20234:00 pmRNSGrant of Share Options
27th Jan 20234:15 pmRNSHolding(s) in Company
25th Jan 20233:00 pmRNSHolding(s) in Company
20th Jan 202312:40 pmRNSHolding(s) in Company
20th Jan 202312:40 pmRNSTotal Voting Rights
17th Jan 202311:05 amRNSSecond Price Monitoring Extn
17th Jan 202311:00 amRNSPrice Monitoring Extension
17th Jan 20239:05 amRNSSecond Price Monitoring Extn
17th Jan 20239:00 amRNSPrice Monitoring Extension
17th Jan 20237:00 amRNSPlacing and Appointment of Joint Broker
5th Jan 20237:00 amRNSOperations Update
13th Dec 20221:30 pmRNSDirector/PDMR Shareholding
8th Dec 20223:21 pmRNSDirector/PDMR Shareholding
9th Nov 20227:00 amRNSMineral Resource Estimate
31st Oct 202211:06 amRNSSecond Price Monitoring Extn
31st Oct 202211:00 amRNSPrice Monitoring Extension
25th Oct 20224:42 pmRNSSecond Price Monitoring Extn
25th Oct 20224:36 pmRNSPrice Monitoring Extension
19th Oct 20221:56 pmEQSGreat Western Mining on the potential at new production facility in Nevada
6th Oct 20227:00 amRNSDirector/PDMR Shareholding
30th Sep 20227:01 amRNSHalf-year Report
30th Sep 20227:00 amRNSPrecious Metals Production Project
22nd Sep 20227:00 amRNSOMCO Drilling Results
9th Sep 20227:00 amRNSDrilling Results
25th Aug 20227:00 amRNSOperations Update
11th Aug 20227:00 amRNSDrilling Completed at Mineral Jackpot
18th Jul 20227:00 amRNSOlympic Gold Drilling Update
14th Jul 202212:00 pmRNSResult of AGM
12th Jul 20227:00 amRNSMOU for creation of JV to process gold and silver
21st Jun 20224:00 pmRNSNotice of AGM
13th Jun 20227:00 amRNSTrafalgar Hill Drilling Update
8th Jun 20227:00 amRNSDrilling Update
19th May 20224:40 pmRNSSecond Price Monitoring Extn
19th May 20224:35 pmRNSPrice Monitoring Extension
19th May 20227:00 amRNSStart of 2022 Drilling Campaign
28th Apr 20227:00 amRNSFinal Results
29th Mar 20227:00 amRNSMineral Jackpot Road Completion
24th Mar 20227:00 amRNSGeophysical Surveys Successfully Completed
3rd Mar 20222:05 pmRNSSecond Price Monitoring Extn
3rd Mar 20222:00 pmRNSPrice Monitoring Extension
23rd Feb 20224:57 pmRNSGrant of Options
23rd Feb 20227:00 amRNSMineral Jackpot Spoil Heaps Grab Sampling Results
8th Feb 20227:00 amRNSDrilling Programme 2022
17th Jan 20224:41 pmRNSSecond Price Monitoring Extn
17th Jan 20224:36 pmRNSPrice Monitoring Extension
12th Jan 20227:00 amRNSProject Updates & Current Year Plans
29th Dec 20214:41 pmRNSSecond Price Monitoring Extn
29th Dec 20214:36 pmRNSPrice Monitoring Extension

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.