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05 Aug 2019 | 13:17

Great Western Mining gets green light for more drilling in Nevada

Great Western Mining said it planned to drill two new exploration holes at its M2 permit in Nevada after gaining regulatory approval.

The company said the US Bureau of Land Management had approved a revision notice to the permit.

The new holes would target a deeply-buried zone within the host diorite rock, down-plunge from the current M2 oxide copper resource.

Drilling preparations were 'well in hand' and the field team was on site in July, working with contractors.

'We are very pleased to receive this permit approval from the BLM, further demonstrating the constructive relationships that we maintain with the authorities,' chief executive David Fraser said.

'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.'

At 1:17pm: (LON:GWMO) Great Western Mining Corporation PLC share price was 0p at 0.47p

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