5 Feb 2015 10:37
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Great Western Mining Corporation PLC
("Great Western Mining", "GWM" or the "Company")
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Target 4 Permit Update
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Great Western Mining, the AIM (AIM:GWMO) and ESM quoted mineral exploration company with 73 sq. kilometres of mineral claims in south-west Nevada USA, is pleased to provide the following update on the Company's Target 4 exploration project.
Last year GWM appointed Environscientists Inc, Reno, Nevada, to provide project management services, conduct baseline studies and prepare a Plan of Operations for the Target 4 exploration project located entirely on National Forest System lands administered by the United States Forest Service (USFS). Progress is summarised below:
Biological Survey and Report:
Survey completed: 1 July, 2014.
Full report submitted to USFS: 16 September, 2014.
Final version submitted: 24 November, 2014 and deemed complete.
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Environscientists conducting Biological Evaluations, estimated to be submitted to USFS 1 March 2015.
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Plan of Operations:
Plan of Operations and outline Biological Survey submitted to USFS on August 8 2014.
Comments received from USFS: 22 September 2014
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Site visit conducted to review proposal and site conditions: 30 September 2015
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Revised Plan submitted to the USFS: 7 January 2015
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USFS determination of appropriate bond for Project: Pending
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Cultural Survey and Report:
Cultural Survey conducted 17-19 September, 2014.
Report submitted: 19 November 2014
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Final version submitted: December 15, 2015
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USFS submitted report/determination to State Historic Preservation Office (SHPO): Pending
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SHPO Concurrence: Pending
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Nevada Division of Environmental Protection (NDEP) Bureau of Mining Regulation and Reclamation (BMRR) Nevada Reclamation Permit Application (NRP):
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Plan to be submitted to BMRR: estimated 10 February 2015
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BMRR determination of completeness and issuance of Reclamation Permit: Pending
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David Fraser, Chief Executive commented:
"GWM and Environscientists have worked closely with the USFS on our Target 4 exploration project, which is the Company's second major prospect in Mineral County, Nevada. The Company is planning a discovery level drilling programme at Target 4 which is anticipated to be a significant milestone in the development of the Marietta Copper District. The Company is pleased to have developed an excellent working relationship with the USFS and will continue to update shareholders on progress."
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ENQUIRIES:
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Great Western Mining Corporation Plc | |
David Fraser, Chief Executive | +44 207 933 8795 Β |
DavyΒ (Nomad, ESM Adviser & Joint Broker) | |
John Frain | +353 1 679 6363 |
Roland French | Β Β |
Hume Capital Securities plcΒ (Joint Broker) | +44 203 693 1470 |
Jon Belliss | |
Abigail Wayne | Β Β |
WalbrookΒ (UK PR and IR) | +44 207 933 8795 |
Paul Cornelius | |
Guy McDougall | |
greatwesternmining@walbrookpr.com |
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