Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video 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: 0.0415
Bid: 0.041
Ask: 0.042
Change: 0.00 (0.00%)
Spread: 0.001 (2.439%)
Open: 0.0415
High: 0.0415
Low: 0.0415
Prev. Close: 0.0415
GWMO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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
30th Nov 201711:12 amRNSInvestor Presentation and Podcast
23rd Nov 20173:38 pmRNSHolding(s) in Company
23rd Nov 20177:00 amRNSM1 Update
8th Nov 20177:00 amRNSInvestor presentation
1st Nov 201710:26 amRNSHolding(s) in Company
20th Oct 20175:43 pmRNSHolding(s) in Company
11th Oct 20175:32 pmRNSHolding(s) in Company
10th Oct 20177:00 amRNSM2 Technical Scoping Survey
29th Sep 20177:00 amRNSHalf-year Report
14th Sep 20177:00 amRNSOperational Update
13th Jul 201711:38 amRNSIssue of Share Options
6th Jul 20177:00 amRNSEnterprise Securities Market Notice
4th Jul 20177:00 amRNSM1 Update
30th Jun 20177:00 amRNSEnterprise Securities Market Notice
29th Jun 20177:00 amRNSEnterprise Securities Market Notice
23rd Jun 20177:00 amRNSExercise of Warrants
22nd Jun 20177:00 amRNSPlacing to Raise gross proceeds of £1,500,000
21st Jun 20177:00 amRNSEnterprise Securities Market Notice
16th Jun 20177:00 amRNSPlacing to Raise gross proceeds of £1,150,000
13th Jun 20175:03 pmRNSExercise of Warrants
12th Jun 20177:00 amRNSSignificant M2 JORC Resource Upgrade
18th May 20171:05 pmRNSResult of AGM
7th Apr 20177:00 amRNS2016 Annual Report & Notice of AGM
6th Apr 20177:00 amRNSFinal Results
22nd Feb 20175:16 pmRNSM2 JORC Resource Upgrade
2nd Feb 20174:35 pmRNSPrice Monitoring Extension
26th Jan 20172:29 pmRNSIssue of Share Options
3rd Nov 20167:00 amRNS"M1" Drill programme
17th Oct 20169:15 amRNSM1 Update
17th Oct 20167:00 amRNSPlacing to Raise gross proceeds of £500,000
28th Sep 20167:00 amRNSHalf-year Report
16th Aug 20167:00 amRNSEnterprise Securities Market Notice
11th Aug 20162:38 pmRNSShare Subdivision
10th Aug 20162:07 pmRNSChange of Registered Office
9th Aug 20169:44 amRNSHuntoon Mine Area Cooperation Agreement
19th May 201610:52 amRNSResult of AGM
25th Apr 201610:51 amRNSAnnual Report 2015
20th Apr 20167:00 amRNSFinal Results
18th Jan 20167:00 amRNSAppointment of Auditor
4th Jan 201611:27 amRNS"M4" Update
10th Dec 201510:57 amRNS"M4" Update
29th Oct 20154:40 pmRNSSecond Price Monitoring Extn
29th Oct 20154:35 pmRNSPrice Monitoring Extension
22nd Oct 201510:40 amRNS"M4" Update
6th Oct 201511:48 amRNSM1 Update
11th Sep 20157:00 amRNSJS Group ("M5") Update
28th Aug 20157:00 amRNSWebsite Update
25th Aug 201511:27 amRNSStmnt re Share Price Movement
12th Aug 20155:11 pmRNSCORRECTION: Half Yearly Report
27th Jul 20157:00 amRNSHalf Yearly Report

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.