Great Western Mining Corp. plc
Great Western Mining Corporation PLC
("Great Western Mining", "GWM" or the "Company")
EM Group Copper Prospect
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 third update from the Company's 2014 field progamme on the Golconda Thrust Group, containing the four claim groups: TUN Group, EM Group, RH Group and JS Group.
The GWM field team carried out surface mapping, soil and rock chip sampling on three of the claim groups: TUN, EM and JS, accompanied by the Company's independent consulting geologist, Donald G Strachan.
The EM Group (M8-EM) is approximately 10 miles south-east of the M2-Smith copper prospect, where the Company recently completed a 14,000 feet drilling progamme, with the aim of establishing a maiden JORC Resource.
M8-EM contains the historic Eastside Mine (Eastside), where high grade oxide copper ores were mined from shallow underground workings during World War One. Conoco investigated Eastside as a copper porphyry prospect in the early 1970's, identifying mineralisation consisting of substantial copper (Cu) and molybdenum (Mo) values. GWM has been able to obtain a substantial quantity of the data from Conoco's exploration efforts.
The historic oxide-copper was mined from 1,000 feet of strikelength along the southern margins of quartz porphyry dikes, but copper mineralization occurs over the entire north and northeasterly quartz-porphyry strikelength of 4,500 feet. Hydrothermal alteration is exposed over an area 1.5 miles long and 1.0 mile in width at Eastside. All soil samples taken this summer by the GWM field team produced strongly anomalous Cu readings, with several samples greater than 10,000 ppm (note 1) Cu. Geochemical analysis conducted by Conoco in the 1970's also produced strongly anomalous copper and molybdenum readings, with high values greater than 25,000 ppm Cu and 640 ppm Mo.
GWM is still assimilating data on M8-EM, but thus far the data is sufficient to confirm at least one, potentially large, copper oxide target. Great Western will update shareholders when further data compilation and analysis is completed.
Chief Executive, David Fraser commented:
"This is more good news for shareholders. The EM Group is Great Western's fourth high volume copper oxide prospect in the Marietta District, Mineral County, Nevada. The volume of data available may well mean that M8-EM will become an early drill target for the Company. GWM looks forward to updating shareholders as work progresses."
note 1= parts per million
Conversion g/t
1 ppm= 1 g/t
ENQUIRIES:
Great Western Mining Corporation Plc David Fraser, Chief Executive |
+44 207 933 8795 (Through Walbrook) |
Davy (Nomad, ESM Adviser & Joint Broker) John Frain Roland French |
+353 1 679 6363 [email protected] [email protected] |
Hume Capital Securities plc (Joint Broker) Jon Belliss Abigail Wayne |
+44 203 693 1470 |
Walbrook (UK PR and IR) Paul Cornelius Guy McDougall |
+44 207 933 8795 [email protected] |
