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Great Western Mining Corporation PLC

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Summary

Project:

Black Mountain

Deposit:M2
Location:United States
Commodities:Copper-Gold
Date:10/1/2018
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:1-10-2018: Great Western Mining Corporation PLC announces a Resource Estimation report for its M2 deposit at the Black Mountain project. Updated mineral resource estimate at the project. Great Western Mining (AIM: GWMO, ESM: 8GW) provides the following up
Resources:(Resource, I+I): 4.28Mt @ 0.45% Cu
CP/QP:[Resources]: Bill Cohan (WT Cohan & Associates Inc.)
ABSTRACT:Great Western Mining (AIM: GWMO, ESM: 8GW) provides the following update on its M2 Copper-Gold prospect in Mineral County, Nevada, USA. Chief Executive, David Fraser commented: "Beyond the 16% increase in our current JORC compliant resource, we believe that there is considerable scope for further increases in the resource, both at depth and by expanding the current pit footprint. We will keep shareholders updated with developments as and when appropriate. The assay results from all 40 RC holes have been uploaded into geological software packages and are currently being analysed by the Company's geological team and external consultants. The initial analysis is recommending a further phase of infill and step-out drilling which the Company believes has the potential to deliver a further substantial increase in the quantum of mineral resource and an upgrade of the JORC classification to 'Measured & Indicated'.

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