Target 4 Permit Update

RNS Number : 1463E

Great Western Mining Corp. plc

05 February 2015

 

Great Western Mining Corporation PLC

("Great Western Mining", "GWM" or the "Company")

Target 4 Permit Update

Great Western Mining, the AIM (AIM:GWMO) and ESM quoted mineral exploration company with 73 sq. kilometres of mineral claims in south-west Nevada USA, is pleased to provide the following update on the Company's Target 4 exploration project.

Last year GWM appointed Environscientists Inc, Reno, Nevada, to provide project management services, conduct baseline studies and prepare a Plan of Operations for the Target 4 exploration project located entirely on National Forest System lands administered by the United States Forest Service (USFS).  Progress is summarised below:

Biological Survey and Report:

Survey completed: 1 July, 2014.

Full report submitted to USFS: 16 September, 2014.

Final version submitted:  24 November, 2014 and deemed complete.

Environscientists conducting Biological Evaluations, estimated to be submitted to USFS 1 March 2015.

Plan of Operations:

Plan of Operations and outline Biological Survey submitted to USFS on August 8 2014.

Comments received from USFS: 22 September 2014

Site visit conducted to review proposal and site conditions: 30 September 2015

Revised Plan submitted to the USFS: 7 January 2015

USFS determination of appropriate bond for Project: Pending

Cultural Survey and Report:

Cultural Survey conducted 17-19 September, 2014.

Report submitted: 19 November 2014

Final version submitted: December 15, 2015

USFS submitted report/determination to State Historic Preservation Office (SHPO): Pending

SHPO Concurrence: Pending

Nevada Division of Environmental Protection (NDEP) Bureau of Mining Regulation and Reclamation (BMRR) Nevada Reclamation Permit Application (NRP):

Plan to be submitted to BMRR: estimated 10 February 2015

BMRR determination of completeness and issuance of Reclamation Permit: Pending

David Fraser, Chief Executive commented:

"GWM and Environscientists have worked closely with the USFS on our Target 4 exploration project, which is the Company's second major prospect in Mineral County, Nevada. The Company is planning a discovery level drilling programme at Target 4 which is anticipated to be a significant milestone in the development of the Marietta Copper District. The Company is pleased to have developed an excellent working relationship with the USFS and will continue to update shareholders on progress."

ENQUIRIES:

This information is provided by RNS

The company news service from the London Stock Exchange