SPORTS69
- 21 Feb 2013 15:58
one GWMO Nevada properties assets worth upto $15 billion ....they have SEVEN proprties in Nevada ..
-------"Target 4"
-------"Independent exploration targets, compiled in accordance with the JORC Code established;"
-------"oxides up to 48.5 million tonnes at 0.3% to 0.5% Cu"
-------"sulphides up to 195 million tonnes at 0.3% to 0.8% Cu"
So that's 145,000 to 242,500 tonnes of copper yeah?
and then 585,000 to 1,560,000 tonnes of copper ok?
add 'em up 730,000 to 1,802,500 tonnes of copper?
$8215 per tonne = $5,996,950,000 to $14,807,537,500?
Is that really $6b to $15b at the upper target?
The target models are now believed to consist of the following possibilities:
Table No. 1: Potential Target Models
Model Mass, Tonnes Grade
Disseminated Silver 25 Million 102.9g/t Ag
Disseminated Oxide Copper 25 Million 0.6% Cu
Epithermal Silver Vein 3 Million 514.3g//t Ag
http://www.greatwesternmining.com/
http://www.greatwesternmining.com/
SPORTS69
- 22 Feb 2013 11:50
- 7 of 12
Mining giant sets sights on Great Western's US copper prospects
02:58, 18 November 2012 by Fearghal O'Connor
One of the world's biggest mining companies has made an initial approach to Great Western Mining (GWM) in relation to its Nevada copper prospect, it is understood.
The 'super major' has requested that GWM "keep it informed and up-to-date on its progress", said a well-informed source.
Dublin-based GWM, run by serial mining entrepreneur Emmett O'Connell, last week raised £550,000 to progress a multi-hole drilling campaign on one of its seven targets in Nevada that will start early in the new year.
O'Connell put up €100,000 of his own money to maintain his 16.7 per cent interest in GWM. It is understood that more than €300,000 of the total came from private clients of Dublin stockbroker Campbell O'Connor.
GWM, through its precursor Eglington Exploration, has been working in this area of Nevada since the mid-1980s and its block of claims is one of the largest of any explorer in Mineral County in the south west of the state.
One source suggested that the company has found itself "in a major position but with the budget of a mouse.”
"If the drilling is successful and is copper-oriented, it is likely to attract one of the mining majors to farm into the claims,"” said the source.
A number of major copper suppliers are already active in the area and securing a development partner if the drilling programme is successful will be key to the project. Any such deal is likely to involve a major partner paying the costs of developing a mine, while Great Western Mining would seek up to 50 per cent of the revenue, said a source.
Apart from the possibility of a major find, GWM may also mine copper at the site independently using a relatively simple method with which it has experience known as heap leaching, which could give it an immediate cashflow, it is understood.
SPORTS69
- 25 Feb 2013 14:13
- 8 of 12
Watch GWMO ...massive potential �2m mcap 64 million shares tightly held
one GWMO Nevada properties assets worth upto $15 billion ....they have SEVEN proprties in Nevada ..
-------"Target 4"
-------"Independent exploration targets, compiled in accordance with the JORC Code established;"
-------"oxides up to 48.5 million tonnes at 0.3% to 0.5% Cu"
-------"sulphides up to 195 million tonnes at 0.3% to 0.8% Cu"
So that's 145,000 to 242,500 tonnes of copper yeah?
and then 585,000 to 1,560,000 tonnes of copper ok?
add 'em up 730,000 to 1,802,500 tonnes of copper?
$8215 per tonne = $5,996,950,000 to $14,807,537,500?
Is that really $6b to $15b at the upper target?
The target models are now believed to consist of the following possibilities:
Table No. 1: Potential Target Models
Model Mass, Tonnes Grade
Disseminated Silver 25 Million 102.9g/t Ag
Disseminated Oxide Copper 25 Million 0.6% Cu
Epithermal Silver Vein 3 Million 514.3g//t Ag
http://www.greatwesternmining.com/
SPORTS69
- 01 Mar 2013 02:07
- 9 of 12
Chart looking tasty for a big push higher on sustained volume
Drilling/JV news should add huge volume ...just a matter of time----
back upto 14p tightly held ...2mcap
multi billion$ copper/gold/silver assets in Nevada
SPORTS69
- 01 Mar 2013 08:40
- 10 of 12
ticking higher
js8106455
- 10 May 2013 13:36
- 11 of 12
Interview with Emmett O'Conell, Chairman, Great Western Mining - Exploration update.
Click here to listen
skyhigh
- 07 Feb 2014 16:32
- 12 of 12
Taken a little punt on this one... could come good!