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Great Western Mining Corporation PLC
Summary
| Project: | M2-Smith | |
|---|---|---|
| Deposit: | M2-Smith | |
| Location: | United States | |
| Commodities: | Copper | |
| Date: | 2/22/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Scoping Study | |
| Report details: | 22-2-2017: Great Western Mining Corporation PLC announces a Resource Estimation report for its M2-Smith deposit at the M2-Smith project. Updated mineral resource estimate at M2. In 2016 Great Western Mining (AIM: GWMO) commissioned Nevada based mining eng | |
| Resources: | (Resource, Inf.): 23.127Mt @ 0.159% Cu for 36773t Cu contained at M2 | |
| CP/QP: | [Resources]: W. T. Cohan (Independent) | |
| ABSTRACT: | In 2016 Great Western Mining (AIM: GWMO) commissioned Nevada based mining engineer Mr. W T Cohan to undertake a JORC Compliant Scoping Study for the Company's copper-gold exploration target M2. The scoping study is the first stage in the development of a pilot heap leach facility on 10 acres of private land owned by GWM in Marietta, Nevada. The first stage of the study involved independently verifying the drill data on M2 and constructing a resource model using mining engineering software. Mr Cohan has calculated the Inferred Mineral resource using various cut-off grades. he full report including the economic assessment is scheduled for completion by the end of March. The current open -pittable M2 Inferred Resource is obtained from a 795-metre strike length, which the Company has modelled as an Iron Oxide Copper Gold ("IOCG") "stringer" zone projecting up-dip from a thicker, more consistent, and higher grade IOCG core hosted mainly in diorite beneath the Sharktooth peak of Bass mountain. The favourable geological environment for IOCG mineralistion beneath Bass mountain is almost 4 km long, over 1 km wide and open to further south west extension. The Company looks forward to further updating shareholders once the Technical Scoping Study has been received, and with the progress of further field work on M2, scheduled for this Spring. | |
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