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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.
 
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Date   Source Headline
16th Jul 20157:00 amRNSM2 Prospect Update
16th Jun 20154:49 pmRNSAnnual Report 2014
21st May 20152:00 pmRNSCompany Presentation
30th Apr 201511:01 amRNSResult of AGM
7th Apr 20157:00 amRNSNotice of AGM
31st Mar 20157:00 amRNSPreliminary Results
20th Mar 201511:35 amRNSAppointment of Joint Broker
18th Mar 201512:17 pmRNSM2 Update
5th Feb 201510:37 amRNSTarget 4 Permit Update
13th Nov 20147:00 amRNSInferred JORC Resource
3rd Nov 20142:15 pmRNSMaiden JORC Resource
27th Oct 20147:00 amRNSAppointment of Dr. Tom Molyneux
6th Oct 20147:00 amRNSEM Group Copper Prospect
24th Sep 20147:00 amRNSTUN Group Gold-Silver Prospect
19th Sep 201412:28 pmRNSDirector Dealing
18th Sep 20147:00 amRNSInterim Results
15th Sep 20147:00 amRNSCarlin-type Gold potential at JS Group
1st Sep 20147:00 amRNSTarget 4 Drilling Application Submitted
26th Aug 20147:00 amRNSDrilling Programme Completed
17th Jul 201410:54 amRNSResult of AGM
30th Jun 201410:30 amRNSAnnual Report 2013
24th Jun 20147:00 amRNSNotice of AGM
20th Jun 20147:00 amRNSResults for the year ended 31 Dec 2013
9th Jun 20147:00 amRNSM2 Drilling Programme. Interim Report
14th Apr 20147:00 amRNSSite Report
17th Mar 20147:00 amRNSDrilling Commenced
7th Mar 20141:30 pmRNSNon-Executive Director steps down
6th Mar 20147:00 amRNSDrilling Permit Approved
13th Feb 20147:00 amRNSProgress Report
28th Jan 20147:00 amRNSEnterprise Securities Market Notice
22nd Jan 20147:00 amRNSFurther Successful £1.5m Fundraising
14th Jan 20147:00 amRNSEnterprise Securities Market Notice
9th Jan 20147:00 amRNSSuccessful £800,000 Placing Completed
7th Jan 20147:00 amRNSJORC Resource Strategy
27th Nov 201311:29 amRNSEGM Statement
14th Nov 201310:43 amRNSAppointment of Joint Broker
28th Oct 20134:00 pmRNSNotice of EGM
8th Oct 201312:45 pmRNSInvestor Presentation
30th Sep 20137:00 amRNSInterim Results
20th Sep 201311:45 amRNSAppointment of Nominated Adviser
18th Sep 201311:05 amRNSResult of AGM
3rd Jul 20137:00 amRNSAppointment of Chief Executive
28th Jun 20137:00 amRNSFinal Results
10th May 20137:00 amRNSExploration Update
29th Apr 201312:05 pmRNSResignation of Non-Executive Director
25th Mar 201310:59 amRNSExploration Update
30th Jan 20137:00 amRNSDrilling Permit Received
19th Nov 20127:00 amRNSEnterprise Securities Market Notice
14th Nov 20128:19 amRNSPlacing
27th Sep 20127:00 amRNSHalf Yearly Report

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