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GREAT WESTERN MINERALS GROUP COMMENCES $1 MILLION TRUE BLUE REE EXPLORATION PROGRAM
GREAT WESTERN MINERALS GROUP COMMENCES $1 MILLION TRUE BLUE REE EXPLORATION PROGRAM.
About this update from Great Western Minerals Group Ltd
[{"type":"text","content":" GREAT WESTERN MINERALS GROUP LTD.NEWS RELEASETSX Venture Symbol: GWG CUSIP: 39141Y 10 3OTCQX: GWMGFGREAT WESTERN MINERALS GROUP COMMENCES$1 MILLION TRUE BLUE REE EXPLORATION PROGRAM July 8, 2010 - Saskatoon, Canada. Great Western Minerals Group (\"GWMG\" or the “Company”, TSX:V – GWG) today reported on the commencement of its Rare Earth Element (REE) exploration program at the True Blue Property located 55 kilometres south of Ross River, Yukon. In March 2010, True North Gems Inc. (TGX) and Great Western Minerals Group Ltd. announced that TGX had granted GWMG an option to acquire up to a 65% working interest in TGX’s True Blue property and Area of Interest in exchange for carrying TGX through to completion of a bankable feasibility study. John Pearson, Vice-President, Exploration with Great Western Minerals Group said, “The purpose of the True Blue exploration program, in which GWMG has committed to spend $1 Million in 2010, is to determine the surface dimensions of the currently known Rare Earth Element mineralization and identify new areas of mineralization in the area encompassed by the True Blue syenite and host rocks.” The exploration program commenced in mid-June and is scheduled to continue to late August, 2010. The exploration program will include the following:· An evaluation of known REE showings through a program of geological mapping and soil geochemical sampling of the area around the showings, followed by a detailed mapping and systematic sampling of the showings, · Geological mapping of the entire property,· A low level, high resolution heliborne magnetic and radiometric survey to be flown over the entire host syenite and its metamorphic aureole in order to assist in identifying other REE showin...