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Great Western Mining Corp PLC - gold, silver and copper project developer focused in Nevada, US - Says contracted reverse circulation drill rig was moved to the Trafalgar Hill prospect at the Olympic gold project in Nevada, where it has now drilled three holes with an aggregate length of 430 metres. The lithology and alteration were successfully predicted and the target horizon encountered in all three holes, it notes.
Chair Brian Hall commented: ‘At both Rock House and Trafalgar Hill, the desk work we have done since our 2021 drill campaign seems to be paying off as, subject to lab analysis, our step-out drilling appears to be supporting our prognoses. This is a busy and exciting time for the company. The rig is still at the Olympic Gold Project and currently drilling in the vicinity of the former, prolific OMCO Mine. We will provide an update on the OMCO programme as soon as complete.’
Current stock price: 0.12 pence
12-month change: down 51%
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