For thousands of other reports visit RSC's Mineral Intellingence Map
Great Western Mining Corporation PLC
Summary
| Project: | Black Mountain | |
|---|---|---|
| Deposit: | M2-Sharktooth | |
| Location: | United States | |
| Commodities: | Copper-Gold | |
| Date: | 8/30/2018 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-8-2018: Great Western Mining Corporation PLC announces an Exploration/Drilling Update report for its M2-Sharktooth deposit at the Black Mountain project. Drilling results incl. 1.68m @ 5515ppm Cu, 1742ppm Ni, 29ppm Co from 486.46m. Great Western Mining | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Donald Strachan (Independent) | |
| ABSTRACT: | Great Western Mining (AIM: GWMO and ESM: 8GW) announces assay results for the M2-041 core samples from 450-509 metres (1480 to 1671 feet). Anomalous copper, nickel and cobalt geochemistry was recorded toward the bottom of the hole which was coincident with the observed increasing silica alteration and magnetic intensity. The Company believes this to be a strong indicator of (1) the multiple hydrothermal flooding events observed in the altered breccia and (2) the proximity of the mineralised diorite host rock below. The significant M2-041 intersects are highlighted in the table below: Chief Executive David Fraser commented: "The mineralogic and assay data from the bottom of M2-041 is very encouraging and a good indicator that our geological model remains valid. We are confident that our operational changes will greatly improve drilling performance at M2-042 and look forward to reaching the mineralised diorite target. As always we will keep shareholders updated as and when relevant information becomes available." | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report