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Pin to quick picksGreat Western Regulatory News (GWMO)

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Operations Update

16 Apr 2021 07:00

RNS Number : 6562V
Great Western Mining Corp. plc
16 April 2021
 

GREAT WESTERN MINING CORPORATION PLC

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

 

OPERATIONS UPDATE

16 April 2021

 

Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW) is pleased to announce that drilling has now commenced at the Olympic Gold Project ("Olympic") in Mineral County Nevada.

 

All necessary permits have been received and a Reverse Circulation ("RC") rig has been mobilised to the Trafalgar Hill prospect which lies in the northwestern part of the Olympic claims. Ground has been broken on the first of six planned holes to be drilled at Trafalgar Hill, where prospects have been identified through geological mapping and two recently-conducted magnetometer surveys. Drilling is currently in progress.

 

Following the completion of the Trafalgar Hill programme, the rig will remain at Olympic but move to the West Ridge prospect and then to the East OMCO Fault prospect, to the southeast of the historic OMCO Mine. Three further holes are planned to test magnetic anomalies to the east of the current Olympic group of claims for which the company has staked 12 new claims and submitted application to the Bureau of Land Management. In total, 11 holes are planned at Olympic prior to the rig moving to drill at the Company's Rock House ("RH") Group of claims.

 

This is the first time that the Company has drilled at Olympic, over which it acquired a 4-year purchase option in 2020. A link to a map of the Olympic Gold Project can be found by clicking http://www.rns-pdf.londonstockexchange.com/rns/6562V_1-2021-4-15.pdf. The area marked with a dotted blue line on this map shows the new claims which have recently been added to the Olympic portfolio, pending final regulatory approval.

 

The Company will provide further updates when new information becomes available.

 

 

For further information:

Great Western Mining Corporation PLC

 

Brian Hall, Chairman

+44 207 933 8780

Max Williams, Finance Director

+44 207 933 8780

 

 

Davy (NOMAD, Euronext Growth Adviser & Joint Broker)

John Frain

 

+353 1 679 6363

 

 

Novum Securities (Joint Broker)

Jon Belliss

 

+44 207 399 9400

 

 

ETX Capital (Joint Broker)

Thomas Smith

 

+44 207 392 1494

 

 

Walbrook PR (PR advisers)

Nick Rome/Nicholas Johnson

 

+44 207 933 8783

 

 

 

 

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UPDGZGMDNKLGMZM
Date   Source Headline
18th Apr 20247:00 amRNSOlympic Gold Project Acquisition
11th Apr 20243:24 pmRNSHolding(s) in Company
11th Apr 20247:00 amRNSGeophysical Survey at West Huntoon and M5
4th Apr 20242:34 pmRNSHolding(s) in Company
27th Mar 20247:00 amRNSRhyolite Dome Epithermal Gold Target
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11th Mar 20247:00 amRNS£700,500 Subscription
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23rd Jan 20247:00 amRNSHuntoon Mine Area Cooperation Agreement
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22nd Aug 20237:00 amRNSMill Construction Update
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26th Jul 20237:00 amRNSPlacing of New Ordinary Shares
10th Jul 20237:00 amRNSExploration Update
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13th Jun 202312:00 pmRNSResult of AGM
12th Jun 20237:48 amRNSUpdated dial-in details for AGM
6th Jun 20237:00 amRNSGold & Silver Processing Update
19th May 20237:00 amRNSNotice of AGM
18th May 20237:00 amRNSFinal Results
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24th Feb 20232:05 pmRNSSecond Price Monitoring Extn
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30th Jan 20234:00 pmRNSGrant of Share Options
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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
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17th Jan 20239:00 amRNSPrice Monitoring Extension

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