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AGM Statement

5 Sep 2011 13:30

RNS Number : 6347N
Great Western Mining Corp. plc
05 September 2011
 



 

Great Western Mining Corporation PLC

AGM Statement

At today's AGM where all resolutions were passed, Emmett O'Connell, Chairman of Great Western Mining Corporation PLC (the "Company" or "GWM") made the following statement:

"This has been a period of exceptional progress for the company. We have reported upon significant levels of positive exploratory work whilst increasing our area under claim to 70 square kilometres and have undertaken extensive exploratory work in our Nevada site. Moreover, we were delighted with the conclusions from our Competent Person's Report, summarised in the 12th August AIM Admission Document, which has reinforced our belief in the prospectivity of our claimed area."

"In August we raised £1 million at 11p per share which provides us with sufficient funds to take us through the initial stages of a two year programme of targeting and exploration leading to a resource estimate and bankable study. Mineralisation in our claimed area includes Copper, Silver, Gold and Uranium and we have started the process of obtaining planning approvals prior to our core hole drilling programme."

5 September 2011

Enquiries:

GWM

Emmett O'Connell, Chairman

Melvyn Quiller, Chief Executive

 

+353 51 56584

0771 289 9588

 

NOMAD and Broker

Libertas Capital

Tim Cofman-Nicoresti/Ciaran Walsh

 

 

0207 569 9650

Financial PR

Hansard

Nicholas Nelson/Guy McDougall

 

0207 245 1100

nnelson@hansardcomms.com

 

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