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Pin to quick picksGreat Western Regulatory News (GWMO)

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Permitting Update

21 May 2019 12:10

RNS Number : 7230Z
Great Western Mining Corp. plc
21 May 2019
 

Great Western Mining Corporation PLC

 

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

 

 Permitting Update

Great Western Mining (AIM: GWMO; Euronext Growth: 8GW) is pleased to provide the following update on permitting progress for this year's planned drilling campaigns on the M2 and M4 Copper-Gold Projects.

M2: The Company has now submitted a revision notice for the existing permit to the United States Bureau of Land Management ("BLM") and is planning to drill a further two deep holes to target a deeply buried zone within the host diorite rock, down plunge from the current M2 oxide copper resource. Approval for the Company's application is expected to be received in four to six weeks, with first drilling in the summer of this year.

M4: The Company has now received a formal Project Initiation Letter from the United States Forest Service ("USFS") for its Plan of Operations in respect of the proposed 2019 drill programme. GWM is planning to drill a further six bore holes to follow up on the successful 2018 programme, where a large quartz-copper vein was intercepted. These six new holes will test the extent of the breccia veining and the potential buried sulphide ore body, projected below by a significant IP anomaly. The USFS has now completed the external stage of the permitting process and final approval is expected after its internal review procedure, with drilling to commence late this summer.

Chief Executive, David Fraser commented: "The Company is currently conducting an extensive sampling programme on a number of its target areas ahead of this year's drilling programme on M2 and M4. The proposed drilling involves a number of deep holes targeting the potential sources of the mineralisation encountered at and near surface of both projects. We look forward to reporting the results of the Spring sampling programme as the results become available over the course of the summer and will keep shareholders updated as drilling commences and progresses."

 

 

ENQUIRIES:

 

 

Great Western Mining Corporation PLC

David Fraser, Chief Executive

 

 

+44 207 933 8795 (via Walbrook)

Davy (Nomad, Euronext Growth Adviser & Joint Broker)

John Frain

 

 

+353 1 679 6363

 

Novum Securities Limited (Joint Broker)

Jon Belliss

 

 

 

+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
 
 
MSCGMGZKMMDGLZM
Date   Source Headline
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
12th Dec 20173:44 pmRNSHolding(s) in Company
6th Dec 201712:03 pmRNSHolding(s) in Company

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