Operational Update

RNS Number : 3083V
Great Western Mining Corp. plc
10 January 2012
 

10 January 2012

 

Great Western Mining Corporation Plc

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

 

Operational Update

 

Great Western Mining, the AIM and Dublin ESM listed mineral exploration company, announces today that work has begun on its initial Reverse Circulation drilling campaign in Mineral County, Nevada.

 

Following extensive geophysical, surface sampling, aeromagnetic, Induced Polarization and ASTER satellite studies, the Company's first two drill targets, referred to as A4 and A5, have been selected. Target A4 is primarily a copper prospect and A5 a copper and precious metal prospect. Work on the access routes up to the drill sites has begun and is progressing.

 

Contracts for surveying an access route up to the drill sites have been awarded and contracts for drilling four to six drill holes are in advanced negotiation. A Plan of Operations is being prepared to file with the U.S. Dept. of Agriculture, Forest Service. A further Plan of Operations will be submitted to the Nevada Dept. of Conservation and Natural Resources which has recently been granted jurisdiction over a limited portion of the Company's claim area. Subject to regulatory approval and rig availability, drilling should commence in the first quarter of the year.

 

Geological and sample studies continue on sites selected for further test drilling of additional prospective targets on GWM's 73sq. kilometres of mineral claims in surrounding areas.

 

GWM owns 100% working interest in all of its 896 individual claims.

 

Enquiries:

 

Great Western Mining Corporation PLC

 

Emmett O'Connell, Chairman        

Melvyn Quiller, Chief Executive    

 

 

+353 51 565844

+44 771 289 9588



Shore Capital (Nomad & UK Broker)

 

Bidhi Bhoma / Toby Gibbs (Corporate Finance)

Jerry Keen (Corporate Broking)

+44 20 7408 4090



Bloxham (ESM Adviser & Irish Broker)

 

Peter O'Carroll     

+353 1611 9263



Hansard (UK Financial PR)

 

Nicholas Nelson / Guy McDougall

+44 207 245 1100

 

nnelson@hansardcomms.com



Gordon MRM (Irish PR)

      

Brendan McGrath                    

+353 1665 0453

 

+353 87 9370266 (mob)

 

 

Notes to Editors

 

GWM's operations are based in Mineral County, Nevada and all of its claims are located on the Walker Lane trend and Golconda Thrust Fault, in the Excelsior Mountain range which hosted a number of the 19(th) Century "bonanza" mines. The Company is incorporated and headquartered in Ireland with the Chief Executive, Melvyn Quiller based in offices in Colchester, England.

 

For further information:

 

Website: www.greatwesternmining.com

 

 


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