Great Western Mining Corp. plc "M1" Drill programme (1953O)
03 November 2016 - 7:00AM
UK Regulatory
TIDMGWMO
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
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November 03, 2016 03:00 ET (07:00 GMT)