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Great Western Mining Corporation PLC
Summary
| Project: | Black Mountain | |
|---|---|---|
| Deposit: | M1 | |
| Location: | United States | |
| Commodities: | Copper-Gold | |
| Date: | 9/24/2018 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-9-2018: Great Western Mining Corporation PLC announces an Exploration/Drilling Update report for its M1 deposit at the Black Mountain project. Drilling results incl. 27.4m @ 3248ppm Cu from 62.5m. A 200 metre bore hole has been completed in Mineral Cou | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Not stated (n/a) | |
| ABSTRACT: | A 200 metre bore hole has been completed in Mineral County, Nevada under the terms of the Company's Huntoon Mine Area Cooperation Agreement, formed with neighbouring concession holder Crown Point Gold and Silver LLC ('Crown Point') in 2016. The bore hole was drilled using a Reverse Circulation rig on the border of the Company's and Crown Point's licence, with the objective of testing the depth of copper mineralisation identified at surface during GWM's geochemical soil programmes conducted in 2015 and 2016. Drill samples were recovered at 1.5 metre (5 feet) intervals and have now been assayed by Bureau Veritas in Reno, Nevada, recording anomalous copper and gold geochemistry throughout the hole. The assay results are at the upper end of the Company's expectations. The geology of M1 and the assay data are very similar to those encountered at the Company's M2 property. Great Western Mining is now planning a follow-up sampling and ground geophysics programme on M1 to target further drilling. Chief Executive David Fraser commented: "The assay data from this M1 bore hole are very encouraging, successfully highlighting the potential already identified at surface on M1 and confirming a Company view that M1 would become its third highly prospective Copper-Gold target within the Marietta property. Shareholders will be kept updated as plans progress.” | |
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