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GWMO.GB Great Western Mining Corporation Plc

0.0525
0.00 (0.00%)
06:55:46 - Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Great Western Mining Corporation Plc AQSE:GWMO.GB Aquis Stock Exchange Ordinary Share IE00B1FR8863
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0525 0.045 0.06 0.0525 0.0525 0.0525 0.00 06:55:46
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Great Western Mining Corp. plc "M1" Drill programme (1953O)

03/11/2016 7:00am

UK Regulatory


Great Western Mining (AQSE:GWMO.GB)
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RNS Number : 1953O

Great Western Mining Corp. plc

03 November 2016

Great Western Mining Corporation PLC

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

"M1" Drill programme

Great Western Mining (AIM: GWMO & ESM) is pleased to announce that it is has agreed a joint Phase 1 drilling programme over its M1 gold and silver prospect in Mineral County, Nevada with local partner Crown Point Gold & Silver Mining LLC ("Crown Point").

The programme will concentrate on an area identified as a drilling target zone by GWM's recent soil sampling as reported to shareholders in the M1 update. The target zone falls within the 34 Great Western Mining claims that form part of the Huntoon Mine Area Cooperation Agreement signed with Crown Point earlier this year and is North East of Crown Point's claim area.

The programme will consist of three core boreholes to test the depth of the anomalous gold mineralisation identified at M1. Operations personnel are currently on site preparing access roads and drill pads. Drilling is scheduled to commence week beginning 14 November.

Chief Executive, David Fraser commented: "This is the first tangible benefit derived from the Huntoon Mine Area Cooperation Agreement. In cooperation with Crown Point the Company has designed a drill programme to follow up on the very encouraging 2015 and 2016 soil sampling exercise. Shareholders will be kept advised of progress when appropriate"

ENQUIRIES:

 
 Great Western Mining      +44 207 933 8795 (via Walbrook) 
  Corporation Plc 
  David Fraser, Chief 
  Executive 
 Davy (Nomad, ESM          +353 1 679 6363 
  Adviser & Joint           john.frain@davy.ie 
  Broker)                   roland.french@davy.ie 
  John Frain 
  Roland French 
 
   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

END

DRLBTBMTMBTMTMF

(END) Dow Jones Newswires

November 03, 2016 03:00 ET (07:00 GMT)

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