NEWSFLOW

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The mystery of that dog is that there was no barking. The mystery of today’s mega spoof from Great Western Mining (GWMO), a long term hound from the AIM kennels, is what the company does NOT say, rather than what it does say. The omissions are critical.

NEWSFLOW

NEWSFLOW

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A tiny AIM mining company called Great Western Mining (GWMO) suddenly seems to be getting a bit of attention on social media, and as is so often the case with this type of company this just so happens to coincide with a placing.

NEWSFLOW

NEWSFLOW

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US-focused AIM dog Great Western Mining (GWMO) has finally secured a reclamation permit enabling it to start drilling at Target 4 of its Black Mountain copper and gold projects in south-west Nevada's Excelsior mountain range. After an 18-month application process, the company, whose shares have halved since autumn in falling copper and gold markets to 0.33p, 97% down from their 11p float price in 2011, has secured the permit from the Nevada Bureau of Mining Regulation and says it can now drill on two of its prime objectives in the area, M2 and M4. 

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Copper may be testing new lows and shares in unloved Irish copper and gold explorer Great Western Mining (GWMO) may have lost 92% of their value since being floated in 2011 at 11p. But the Dublin-based company thinks it has something to cheer about with the first independently-confirmed formal Joint Ore Reserve Committee (JORC)-standard resource estimate for its M8-Smith copper project on the Marietta District of ‘Mineral County’ in south-west Nevada.

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AIM dog Great Western Mining (GWMO) could be adding serious gold potential to its existing copper ambitions in the Marietta district of the south-west Nevada desert’s Excelsior Mountains following results of its latest field work in the area. The Dublin-based company, formerly chaired by veteran Irish entrepreneur Emmett O’Connell and still backed by some of his private investors’ fan club, says geological mapping and other work on four claim groups in the ‘Golconda Thrust’ claim zone suggests one of them, the JS group, could have the possibility of being a gold deposit of the type found in Nevada’s prolific Carlin trend, while another, the Tun group, could have the potential to prove an underground resource as well as a ‘much larger open-pit prospect’.