Source: Sharecast
The AIM-traded company said it had signed a contract with HD Drilling for around 1,800 metres of reverse circulation drilling at the Rhyolite Dome gold prospect and the West Huntoon copper project.
It said the four- to six-week programme would test surface anomalies at both sites to define mineralisation at depth and reduce exploration risk.
At West Huntoon, drilling would follow up on historic work indicating a copper porphyry system, including one previous hole that intersected 45.7 metres at 0.27% copper.
The company said it had also gained access to unassayed cuttings from two older holes, which were being analysed to supplement geological data.
At Rhyolite Dome, located within the Olympic Gold Project, drill targets had been defined by a recent induced polarisation survey.
The site lies near the historic OMCO Mine, which produced high-grade gold between the world wars, but has never been drilled.
Additional work was underway at the newly staked Yellow Peak claims to expand the West Huntoon copper footprint using soil sampling and historic drill data, while samples from the Defender-Pine Crow tungsten prospect were now at a Reno laboratory for analysis.
“We are pleased to announce that our planned drilling programmes at Rhyolite Dome and West Huntoon will commence in early October, following the recent signing of a contract with HD Drilling LLC,” said chairman Brian Hall.
“These two campaigns will test high-potential gold and copper targets, convert surface anomalies into measurable mineralisation and de-risk our assets.
“Combined with the recently completed IP survey at Rhyolite Dome and strategic staking at Yellow Peak, we are taking a disciplined, data-driven approach to unlock the significant value potential across our Nevada portfolio.
“Results from these programmes are eagerly anticipated and will guide the next stage of exploration.”
At 1425 BST, shares in Great Western Mining Corporation were down 2.5% at 1.17p.
Reporting by Josh White for Sharecast.com.