Business
Mineral Jackpot Road Completion
Mineral Jackpot Road Completion.
About this update from Great Western Mining Corp. Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2582G\n Great Western Mining Corp. plc\n 29 March 2022\n \n \n \n GREAT WESTERN MINING CORPORATION PLC\n (\"Great Western\", \"GWM\" or the \"Company\")\n \n \n MINERAL JACKPOT ROAD COMPLETION\n \n \n Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW), which is exploring and developing gold, silver and copper targets in Nevada, is pleased to announce that the upgrade of the road to its Mineral Jackpot group of properties is now complete.\n \n \n \n \n This road connects the Company's base at Marietta to the Mineral Jackpot group of properties which is made up of five historic mines - the Mineral Jackpot Mine, the Bass Mine, the Ming Toy Mine, the Silver Bell Mine and the Silver Moon Mine. None of these, which date from the late 19th and early 20th centuries, has been exploited in recent times but in the last two years rock chip sampling, soil sampling, magnetometer surveys and drone surveys carried out by Great Western have identified exciting potential for further gold and silver exploitation. As previously announced, the Company estimates an approximate doubling of the mineralisation over the area and believes there is connectivity between the five individual mines.\n \n \n \n \n \n The road to Mineral Jackpot is 14km in length with a vertical elevation of approximately 660m from Marietta to the mine site. The work has involved widening the existing road from 8 feet to 14 feet (2.4m to 4.3m) and grading it. Where the road is built into the mountainside it has been blasted over a distance of several hundred metres to achieve the required width and it is now accessible for large vehicles, including rigs and associated equipment for drilling operations and trucks to enable removal of spoil material for processing.\n \n \n \n \n Great Western has a permit in place for a five shallow-hole drill programme at Mineral Jackpot to test high grade outcropping veins close to the historical mine workings. The Company aims to drill some or all of these holes as part of the 2022 work programme, subject to contractor availability\n \n \n \n \n 51 spoil heaps have already been identified at Mineral Jackpot, left over from historic mining operations. Assay results from the spoil heaps were published on 23 February 2022 as...