M2 Permitting Update

RNS Number : 9195H

Great Western Mining Corp. plc

05 August 2019

 

Great Western Mining Corporation PLC

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

M2 Permitting Update

Great Western Mining (AIM: GWMO; Euronext Growth: 8GW) announces that the United States Bureau of Land Management ("BLM") has now approved a revision notice to its M2 permit.

With this approval secured, GWM plans to drill a further two holes to target a deeply buried zone within the host diorite rock, down-plunge from the current M2 oxide copper resource. The target is a magnetic anomaly identified by a previous Induced Polarisation/Resistivity ("IP/RES") survey carried out over M2.

Drilling preparations are well in hand and the field team was on site in July, working with contractors.  The programme can now be accelerated, with commencement of drilling scheduled for September.

Chief Executive, David Fraser commented: "We are very pleased to receive this permit approval from the BLM, further demonstrating the constructive relationships that we maintain with the authorities. The Company is targeting a highly-prospective, deeply-buried zone within the host diorite rock, anticipated to be the source of the widespread copper and gold mineralisation found at and near surface at M2. We will keep shareholders updated as work continues."

ENQUIRIES:

Great Western Mining Corporation PLC David Fraser, Chief Executive	[phone] (via Walbrook)
Davy (Nomad, Euronext Growth Adviser & Joint Broker) John Frain	[phone]
Novum Securities Limited (Joint Broker) Jon Belliss	[phone]
Walbrook PR (UK PR and IR) Paul Cornelius Nick Rome	[phone]      [e-mail]

 

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