Great Western Mining Corp. plc Operational Update (2685C)
January 18 2018 - 6:01AM
UK Regulatory
TIDMGWMO
RNS Number : 2685C
Great Western Mining Corp. plc
18 January 2018
Great Western Mining Corporation PLC
("Great Western Mining", "GWM" or the "Company")
Operational Update
Great Western Mining (AIM: GWMO), the copper gold and silver
exploration company with targets in Mineral County, Nevada,
announces that its 2018 drilling programme has now commenced.
The Company's operating team is already at its base in Marietta
and the O'Keefe Drilling team is on site. The initial programme has
been designed to minimise use of water in the early stages, as the
supply of water at this time of year is restricted by extremely low
temperatures which can fall to -18˚ Celsius.
The Company will initially commence infill drilling at the
logistically simpler M2 target and, upon completion, move to M4
(Target 4) where approximately 60% of the drilling programme has
already been completed as part of last year's programme.
Additionally, Sharktooth drilling is expected to commence in the
first quarter of this year, for which Great Western Mining has
already contracted an additional diamond core drilling rig.
By bringing forward the programme and prioritising M2 during the
winter months, the Company should be in a position to report the
results of M2 ahead of the M4 (Target 4) results.
Chief Executive, David Fraser commented: "We are making good
progress with the 2017/18 drill programme, despite a difficult
operating environment in the Huntoon Valley, and are confident that
our efforts will bear fruit. We will continue to keep shareholders
updated."
This announcement contains inside information as stipulated
under the Market Abuse Regulations (EU) no. 596/2014 ("MAR").
ENQUIRIES:
Great Western Mining +44 207 933 8795 (via Walbrook)
Corporation PLC
David Fraser, Chief
Executive
Davy (Nomad, ESM
Adviser & Joint
Broker)
John Frain +353 1 679 6363
Beaufort Securities
Ltd (Joint Broker)
Jon Belliss
Elliot Hance +44 207 382 8300
Walbrook PR (UK +44 207 933 8795
PR and IR) greatwesternmining@walbrookpr.com
Paul Cornelius
Nick Rome
This information is provided by RNS
The company news service from the London Stock Exchange
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