Great Western Mining Share Discussion Threads

[graylyn1] 30/1/2024 11:42

GREAT WESTERN MINING CORPORATION PLC

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



POSITIVE SOIL AND GRAB RESULTS AT WEST HUNTOON



Potential to add significant further value to copper resource with results revealing strong gold and copper grades and bonanza silver grades



Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW), which is exploring and developing gold, silver and copper targets in the highly prospective Walker Lane trend of Nevada, is pleased to announce grab and soil results from the West Huntoon area of the Company's Huntoon Copper Project, with two bonanza-grade silver results, multiple other high-grade precious metal occurrences and abundant copper anomalism. The results provide further evidence of the existence of both a mineral-rich porphyry system and a series of discrete high-grade epithermal veins which have the potential for significant precious metals mineralisation.



HIGHLIGHTS



· Potential large-scale copper porphyry system.

· Discrete high-grade epithermal veins.

· 2km2 copper-in-soil anomaly surrounding the granite system, open in several directions.

· Grab samples in the area show elevated copper and gold and bonanza silver grades in newly mapped granites, including:



o Copper grab samples

5.82%, 4.85%, 3.82% and 1.56% Cu,

o Gold grab samples

7.29 g/t, 5.53 g/t and 4.51 g/t Au,

o Silver grab samples

2,438 g/t, 843 g/t, 108 g/t and 102 g/t Ag.



· Elevated molybdenum levels also returned.

· Targets for early drilling now being worked up under the umbrella of the recently signed Huntoon Cooperation Agreement.



Great Western Chairman Brian Hall commented: "We are highly encouraged by the identification of bonanza-grade silver values in grab samples at West Huntoon, along with multiple gram gold results. The existence of discrete epithermal veins in this area is very encouraging and demonstrates that precious metals may well add significantly to the upside of the Huntoon Copper Project, while the recently signed Huntoon Mine Area Cooperation will facilitate our continuing exploration efforts.
Check today's RNS for full announcement, this could be massive.


"These further positive results highlight the strength of our portfolio, underpinning management's confidence in the future of this project and creating a positive environment for attracting industry partners to help move the copper story to the next stage."



BUILDING ON AN ESTABLISHED RESOURCE



In November 2023 Great Western announced the discovery of a significant area of previously unmapped granite at West Huntoon. This was confirmed in a report from Dr Lawrence Carter, an independent expert on the nearby Yerington district and porphyry systems in general, to be prospective for porphyry mineralisation. Dr. Carter's report is available on the Company's website. West Huntoon forms part of Great Western's Huntoon Copper Project which already includes the established resource of 4.2 million tonnes grading at 0.45% Cu at M2.



Grab and soil sampling in the area was completed by the end of the year and results are tabulated below. Grab sample results show strong gold and copper grades and exceptionally high silver grades at several locations near to or within newly mapped granite outcrop areas. Soil samples show a 2km2 area of anomalous copper values in soils surrounding the granite cupola zone, limited only by the edges of thin volcanic cover to the north and northeast, and basin sediments to the southeast.

Check today's RNS for full details, this could be massive.

[flyhi1] 30/1/2024 11:38

1p might be a way off yet but not out of the question as they prove up more assets and start gold production.

[flyhi1] 30/1/2024 11:36

Market slowly waking up to it.

[graylyn1] 30/1/2024 11:35

At 1p per share market cap would be around 54million this should be much higher than the current mkt cap we are also very close now to small scale gold and silver production. A gift if ever I saw one.

[flyhi1] 30/1/2024 11:35

I agree with you completely Graylyn.

[graylyn1] 30/1/2024 11:12

Looking at the prospects the market cap is just ridiculous IMO.

[flyhi1] 30/1/2024 11:07

It is Graylyn, very nicely along with the share price

Still oversold by a long way.

[wh123] 30/1/2024 11:02

Placing incoming another lifestyle company but we have some sample results lol

[apfindley] 30/1/2024 11:01

What you mean better luck next time?Yourself as a newbie, first learn who everyone is!It was me who compiled the detailed satellite dataset, from various satellites and of vary wavelengths, overlayed with magnetic maps, and produced the saturation enhanced imagery which the company eventally bought posession of. They show very clearly where surface anomalies and intensities are, and the presence of different metals there.It's not my fault that gcm at the time didn't take me seriously, but now are looking into those areas with much higher success... the timelines here have been a big enemy for all, for shareholders with regard dilution and opportunity cost..it couldve been so much different, but for a period turned into a lifestyle company with little progress for several years until the more recent acquisition of those datasets.Aside from that, my niggle with the rns really is that it's just spade samples and of course of course of course, they report the highest figures from the samples, which as we all know, will not translate as being those silly high grades throughout, otherwise this would be the biggest discovery imaginable. Feet back on the ground eh.

[festario] 30/1/2024 10:16

ApFindley is usually right, the only one he got suckered by was CGO. It's NT to sell here now... red finish?

[sincero1] 30/1/2024 10:14

there is always another bitter bellend isn't there..apfindley better luck next time bellend..ouch

[graylyn1] 30/1/2024 09:41

Volume picking up nicely.

[apfindley] 30/1/2024 09:39

15 years of spade samples. Lol.Great for pumping rounds.When's the next placing?

[alfred neuman] 30/1/2024 09:07

*ZXIE ALIAS LYING TROLL ALERT*

There is no zxie

It is just the alta ego of an attention seeking lying troll who posts lies and pretends he can’t speak properly to wind you up

This is how this sad pathetic loser spends his day 24/7

[flyhi1] 30/1/2024 09:05

.08p next and .1p definitely in our sights now.

[flyhi1] 30/1/2024 09:03

There it is. Onwards and upwards.

[zxie] 30/1/2024 09:00

1p on the way

[flyhi1] 30/1/2024 08:51

.07p next.

[flyhi1] 30/1/2024 08:50

Full offer being paid now.

[mally6] 30/1/2024 08:48

Another good rns this looks to be turning around good to get in from the lows

[flyhi1] 30/1/2024 08:48

Next move up coming.

[flyhi1] 30/1/2024 08:48

Could be Graylyn and will be.

[sincero1] 30/1/2024 08:44

festario deep breaths you are distressed again...now we all know that your imaginary trade and profit was just made up....try and learn from these brutal humiliations .....ouch..

[graylyn1] 30/1/2024 08:40

This could be a Monster, all we need now is a partner and maybe we won't have to wait to long IMHO.