Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. 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: 0.0395
Bid: 0.039
Ask: 0.04
Change: 0.00 (0.00%)
Spread: 0.001 (2.564%)
Open: 0.0395
High: 0.0395
Low: 0.0395
Prev. Close: 0.0395
GWMO Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Permit Approval and Operational Update

16 Apr 2020 07:00

RNS Number : 7948J
Great Western Mining Corp. plc
16 April 2020
 

GREAT WESTERN MINING CORPORATION PLC

("Great Western" or the "Company")

Permit Approval and Operational Update

 

Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW) is pleased to announce that the U.S. federal Bureau of Land Management ("BLM") has now formally approved applications for surface disturbance works at the Mineral Jackpot ("MJ") and Rock House group ("RH Group") gold and silver prospects on the Company's acreage in Mineral County, Nevada, for an initial period of two years which may subsequently be extended in two-yearly increments. Each permit will allow for five acres of disturbance and for subsequent exploration drilling.

 

The planned initial works include construction of thirteen trenches across the two project areas, seven of which will be at RH Group and six at Mineral Jackpot.

 

The seven trenches at RH Group will traverse both the Eastern Shear Zone and the Southern Alteration Zone prospects, located in the most desirable areas relative to the geochemical soil anomalies and previous geological mapping and sampling. The surface trenches are designed to delineate areas of significant precious metal mineralisation which will be followed by a targeted drilling campaign.

 

The six trenches at Mineral Jackpot will be located across the largest two of the currently identified vein sets, recognised by previous geological mapping and highlighted during the soil sampling programme conducted at the end of 2019, results of which have already been reported to shareholders. The trenching programme has been designed to verify the strike extents of the vein system at Mineral Jackpot and should provide valuable information on the vein widths and precious metal tenor. A successful programme will be followed by drilling on the best targets, along with further trenching across the remaining soil anomalies.

 

Executive Chairman Brian Hall commented: "Achieving these permits is an important step in our programme of exploiting gold and silver on our claims in Mineral County, Nevada. Given the current COVID-19 situation, we are pleased that our application for these permits have been expedited in such a timely manner. In common with enterprises around the world, Great Western is currently under lock-down and Company personnel are unable to travel. However, these permits will enable us to move rapidly as soon as circumstances permit."

 

For further information:

 

Great Western Mining Corporation PLC

 

Brian Hall, Chairman

+44 207 933 8780 (via Walbrook PR)

Max Williams, Finance Director

+44 207 933 8780 (via Walbrook PR)

 

 

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)

Philip Adler

 

+44 207 392 1494

 

 

Walbrook PR (PR advisers)

Nick Rome/Nicholas Johnson

 

+44 207 933 8783

 

 

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
 
 
REAGPUWUCUPUGQA
Date   Source Headline
22nd Mar 20194:35 pmRNSPrice Monitoring Extension
12th Mar 201912:34 pmRNSM4 Update
26th Feb 201910:21 amRNSNew Website
25th Feb 201912:45 pmRNSNotification of Major Holdings
14th Feb 201910:41 amRNSM4 Permit Application Update
15th Jan 20197:00 amRNSInvestor Evening
17th Dec 20189:23 amRNSDirector/PDMR Shareholding
10th Dec 20183:11 pmRNSM4 Drill Results
14th Nov 20183:16 pmRNSOperational Update
6th Nov 20189:55 amRNSHolding(s) in Company
2nd Nov 201811:56 amRNSHolding(s) in Company
31st Oct 20184:41 pmRNSSecond Price Monitoring Extn
31st Oct 20184:35 pmRNSPrice Monitoring Extension
30th Oct 20184:12 pmRNSHolding(s) in Company
22nd Oct 20187:00 amRNSSenior Management Appointment
3rd Oct 20181:43 pmRNSIssue of Share Options
1st Oct 20181:29 pmRNSM2 Revised JORC Resource and Update
24th Sep 201811:34 amRNSPositive Drill Results at M1
21st Sep 20187:00 amRNSHalf-year Report
13th Sep 20182:00 pmRNSPrice Monitoring Extension
4th Sep 20182:22 pmRNSHolding(s) in Company
30th Aug 20187:00 amRNSM2-Sharktooth Update and Assay Results
10th Aug 201810:54 amRNSHolding(s) in Company
8th Aug 201811:37 amRNSM2-Sharktooth Update
30th Jul 20187:00 amRNSEnterprise Securities Market Notice
27th Jul 201810:25 amRNSIncrease in Land Position
26th Jul 201811:03 amRNSHolding(s) in Company
25th Jul 20187:00 amRNSEnterprise Securities Market Notice
6th Jul 201810:24 amRNSExercise of Share Options
4th Jul 20182:33 pmRNSDirector/PDMR Shareholding
3rd Jul 20182:58 pmRNSHolding(s) in Company
3rd Jul 20189:05 amRNSSecond Price Monitoring Extn
3rd Jul 20189:00 amRNSPrice Monitoring Extension
3rd Jul 20187:00 amRNSOperational Update and Placing
29th Jun 201811:33 amRNSDirector/PDMR Shareholding
4th Jun 201812:03 pmRNSHolding(s) in Company
30th May 201810:50 amRNSBuyback and cancellation of Deferred Shares
24th May 20189:16 amRNSHolding(s) in Company
23rd May 201812:06 pmRNSM2 Update
17th May 201811:31 amRNSResult of AGM
24th Apr 20189:21 amRNSOperational Update
13th Apr 20183:42 pmRNSHolding(s) in Company
10th Apr 20189:46 amRNSPublication of Annual Report and Notice of AGM
9th Apr 20188:52 amRNSAppointment of Joint Broker
6th Apr 201812:51 pmRNSFinal Results
6th Mar 20187:00 amRNSOperational Update
2nd Mar 201812:32 pmRNSStatement re Broker
19th Feb 201810:55 amRNSHolding(s) in Company
16th Feb 20185:43 pmRNSUpdate on M2 Technical Scoping Study
18th Jan 201811:01 amRNSOperational 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.

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.