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Pin to quick picksGreat Western Mining Corporation PLC Regulatory News (GWMO)

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Spread: 0.30 (7.143%)
Market Cap: £18.84m
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Site Report

14 Apr 2014 07:00

RNS Number : 6990E
Great Western Mining Corp. plc
14 April 2014
 



 

 

Great Western Mining Corporation PLC

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

Site Visit Report

Great Western Mining, the AIM and ESM quoted mineral exploration company is currently carrying out reverse circulation ("RC") drilling on its M2-Smith copper target in Mineral County, Nevada, using the O'Keefe Drilling Foremost Prospector W750 drill rig, the most versatile RC drill rig configuration in the industry today. The rig has been designed with off road drilling campaigns in mind and to produce results in almost any conditions.

 

This is in line with the Company's programme announced to shareholders earlier in the year and work is progressing in good time and on budget. The drilling programme is designed to appraise and evaluate the successful pilot drilling carried out in 2013 on M2 and to assess the extent of the resource at the M2-Smith Prospect through step-out drilling. 14,000 feet of RC drilling is planned, in approximately 30 drill holes, but this may vary depending on the results achieved.

 

The Company's management has just returned from an extensive site visit where they were overseeing drilling operations.

 

Great Western would like to emphasise that drilling at high altitude in a location such as the mountains of Nevada is a significant task and that the project is being carefully and professionally managed. M2 is located on a mountainside at approximately 2,132 metres (6,995 feet) above sea level.

 

Great Western will promptly advise shareholders at each stage of results, for instance when it has fully assessed drilling samples and when it has been able to map and quantify resources.

 

 

 

 

ENQUIRIES:

 

Great Western Mining Corporation Plc

 

David Fraser, Chief Executive +44 207 933 8795

 

Davy (Nomad, ESM Adviser & Joint Broker) +353 1 679 6363

John Frain john.frain@davy.ie

Roland French roland.french@davy.ie

 

Hume Capital Securities plc (Joint Broker) +44 203 693 1470

Jon Belliss

Abigail Wayne

Walbrook (UK PR and IR) +44 207 933 8795

Paul Cornelius

Guy McDougall

greatwesternmining@walbrookpr.com

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUAANRSRASAAR
Date   Source Headline
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