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
3.60    0.00 (0.00%)
Bid:
3.50
Ask:
3.70
Spread: 0.20 (5.714%)
Market Cap: £15.59m
GWMO Live PriceLast checked at - London Stock Exchange

Intraday Great Western Mining Corporation PLC Share Chart

Operational Update

24 Apr 2018 09:21

RNS Number : 9067L
Great Western Mining Corp. plc
24 April 2018
 

Great Western Mining Corporation PLC

 

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

 

Operational Update

 

Great Western Mining (AIM: GWMO) provides the following update on operations in Mineral County, Nevada, USA.

 

The M2 infill drilling programme has been proceeding well despite some technical and operational difficulties which has resulted in a slight delay in the completion of the eighth hole of the programme M2-040. These issues have now been resolved and the hole is expected to be completed by the end of the week. Assay samples from the earlier holes are currently being processed by Bureau Veritas in Reno, with the Company expecting to start receiving results around the end of next week.

 

The GWM field team has been able to bring forward the scheduled start of the permitted three-hole M2 Sharktooth Zone diamond core drill programme and drilling on the first borehole M2-041 commenced 17 April. The programme plans for these holes to reach depths of between 775 and 900 metres. As of 22 April, M2-041 had reached a depth of 122 metres.

 

Great Western Mining also announces that final approval has now been received from the United States Forestry Service ("USFS") for the re-commencement of M4 (Target 4) drilling. The M4 diamond core drill rig, crew and support equipment are now all on site and drilling is expected to commence later this week.

 

Upon completion of M2-040, GWM has agreed with joint venture partner Crown Point Gold & Silver LLC to move the Reverse Circulation drill rig, currently on the M2 infill programme, to M1. GWM plans to drill a bore hole on the south-east border of the property shared with Crown Point to test for further copper mineralisation, as announced in the M1 November 2017 update.

 

Chief Executive, David Fraser commented: "The 2018 drill programme is now starting to move through the gears as weather conditions in the Huntoon Valley improve. For the first time we will be drilling with three rigs simultaneously and we are relishing the task of accelerating operations. We expect to receive the first results from the M2 infill drill programme in the next couple of weeks and will update shareholders on these and future developments."

 

 

 

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 company news service from the London Stock Exchange
 
END
 
 
UPDPGUUPCUPRURC
Date   Source Headline
28th Aug 202512:51 pmRNSHolding(s) in Company
14th Aug 20251:50 pmRNSResult of AGM
14th Aug 20257:00 amRNSAGM Statement
18th Jul 20253:00 pmRNSNotice of AGM
1st Jul 20257:00 amRNSHigh Grade Sample Results at West Huntoon
30th Jun 20254:22 pmRNSTotal Voting Rights
30th Jun 20257:00 amRNSFinal Results
26th Jun 20255:21 pmRNSHolding(s) in Company
16th Jun 20257:00 amRNSHigh-Grade Results from Tungsten Prospects
10th Jun 20257:00 amRNS2025 Summer Exploration Programme & Placing
28th May 20255:27 pmRNSHolding(s) in Company
23rd May 202512:31 pmRNSHolding(s) in Company
23rd May 202512:29 pmRNSHolding(s) in Company
15th May 20259:19 amRNSHolding(s) in Company
2nd May 20251:28 pmRNSHolding(s) in Company
24th Apr 20251:39 pmRNSHolding(s) in Company
23rd Apr 20257:00 amRNSMill Update
7th Apr 202510:23 amRNSTotal Voting Rights
25th Mar 202510:10 amRNSHolding(s) in Company
24th Mar 202512:40 pmRNSDirector/PDMR Shareholding
20th Mar 20254:30 pmRNSResult of Extraordinary General Meeting
20th Mar 20257:00 amRNSAdditional Claims Staked In Eastside Mine/Tango
19th Mar 20257:00 amRNSNew Yellow Peak Claims Staked
4th Mar 20252:02 pmRNSHolding(s) in Company
27th Feb 202511:01 amRNSHolding(s) in Company
27th Feb 202511:00 amRNSHolding(s) in Company
24th Feb 20253:00 pmRNSShare capital reorganisation & Notice of GM
18th Feb 20257:00 amRNSExploration Results at M5 Prospect
14th Feb 20257:00 amRNSExploration Results
31st Jan 20252:41 pmRNSHolding(s) in Company
28th Jan 20257:00 amRNSWestern Milling Update
23rd Jan 20251:48 pmRNSHolding(s) in Company
21st Jan 20253:43 pmRNSHolding(s) in Company
15th Jan 20253:25 pmRNSHolding(s) in Company
19th Dec 202411:11 amRNSHolding(s) in Company
19th Dec 20247:00 amRNSMill Update
16th Dec 20243:40 pmRNSHolding(s) in Company
12th Dec 202411:10 amRNSHolding(s) in Company
10th Dec 20249:46 amRNSHolding(s) in Company
9th Dec 20241:02 pmRNSHolding(s) in Company
5th Dec 20247:00 amRNSNew Claims Staked For Tungsten
4th Dec 20245:06 pmRNSHolding(s) in Company
4th Dec 20245:01 pmRNSHolding(s) in Company
4th Dec 20244:49 pmRNSDirector/PDMR Shareholding
28th Nov 20247:00 amRNSResult of Retail Offer
26th Nov 20243:30 pmRNSFurther to Placing of New Shares
26th Nov 20247:01 amRNSRetail Offer
26th Nov 20247:00 amRNSPlacing and Retail Offer
13th Nov 20247:00 amRNSWest Huntoon soil and grab results
30th Oct 20247:00 amRNSMill Update

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.