Business
M2 Permitting Update
M2 Permitting Update.
About this update from Great Western Mining Corp. Plc
[{"type":"text","content":"\n \nRNS Number : 9195H Great Western Mining Corp. plc 05 August 2019 \n\n \nGreat Western Mining Corporation PLC\n \n(\"Great Western Mining\", \"GWM\" or the \"Company\")\n \nM2 Permitting Update\nGreat Western Mining (AIM: GWMO; Euronext Growth: 8GW) announces that the United States Bureau of Land Management (\"BLM\") has now approved a revision notice to its M2 permit.\nWith this approval secured, GWM plans to drill a further two holes to target a deeply buried zone within the host diorite rock, down-plunge from the current M2 oxide copper resource. The target is a magnetic anomaly identified by a previous Induced Polarisation/Resistivity (\"IP/RES\") survey carried out over M2.\nDrilling preparations are well in hand and the field team was on site in July, working with contractors. The programme can now be accelerated, with commencement of drilling scheduled for September.\nChief Executive, David Fraser commented: \"We are very pleased to receive this permit approval from the BLM, further demonstrating the constructive relationships that we maintain with the authorities. The Company is targeting a highly-prospective, deeply-buried zone within the host diorite rock, anticipated to be the source of the widespread copper and gold mineralisation found at and near surface at M2. We will keep shareholders updated as work continues.\" \nENQUIRIES: \n \n\n\n\nGreat Western Mining Corporation PLC\nDavid Fraser, Chief Executive\n \n\n\n+44 207 933 8795 (via Walbrook)\n\n\n\n\nDavy (Nomad, Euronext Growth Adviser & Joint Broker)\nJohn Frain\n \n\n\n+353 1 679 6363 \n \n \n\n\n\n\n \nNovum Securities Limited (Joint Broker)\nJon Belliss\n \n\n\n \n+44 207 399 9400\n\n\n\n\nWalbrook PR (UK PR and IR)\nPaul Cornelius\nNick Rome\n\n\n+44 207 933 8795 \n [email protected]\n \n\n\n\n \n\nThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider i...