Ankündigung • May 30
Great Western Mining Corporation PLC, Annual General Meeting, Jun 25, 2026 Great Western Mining Corporation PLC, Annual General Meeting, Jun 25, 2026. Location: the stephens green club, 9 st stephens green, dublin Ireland Ankündigung • May 29
Great Western Mining Corporation PLC to Report Fiscal Year 2025 Results on May 29, 2026 Great Western Mining Corporation PLC announced that they will report fiscal year 2025 results at 8:00 AM, GMT Standard Time on May 29, 2026 New Risk • Apr 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (17% average weekly change). Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 6x increase in shares outstanding). Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (€9.40m market cap, or US$11.0m). Board Change • Mar 31
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 1 independent director (5 non-independent directors). Senior Independent Non-Executive Director Andrew Nicholas Hay was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Mar 03
Great Western Mining Corporation PLC Announces Upcoming Exploration Plans at Defender-Pine Crow Tungsten Project in Mineral County, Nevada USA Great Western Mining Corporation PLC update investors on its upcoming exploration plans at the Defender-Pine Crow Tungsten Project in Mineral County, Nevada USA. This follows the receipt of highly encouraging assay results at Defender announced in January 2026. Accelerating exploration activity with the objective of defining a maiden Mineral Resource Estimate ("MRE") in Fourth Quarter 2026. Assessing a 3 km long mineralised trend between Defender and the Company's existing MRE at M2, through detailed mapping and geophysical surveys commencing in March. Commencing groundwork in April to prepare drill pads, ahead of the planned start of drilling in June. Anticipating additional assay results from new channel cuts in second quarter. Great Western Chairman Brian Hall commented: "Defender is shaping up to have the potential to become a tungsten discovery of considerable scale and significance. Its geological setting, noting its proximity to Guardian Metals' Pilot Mountain Project approximately 30 miles away, reinforces confidence that are operating within a highly prospective polymetallic district. Importantly, Defender appears to represent the far eastern extension of a mineralised trend that includes M2 resource, located more than 3 km to the southwest, highlighting the potential continuity and district-scale opportunity. Two channels returned significant tungsten mineralisation, including 6 m at 0.17% WO3, including 1 m at 0.43% WO3, and 16 m at 0.30% WO3, including 2 m at 0.66% WO3. Importantly, elements that could represent potential processing penalties were recorded at very low concentrations, and silver mineralisation was also intersected within Channel B. 2026 Exploration Programme Following a successful fundraise completed in January 2026, the Company is fully funded to execute an expanded exploration programme at Defender during 2026. Accordingly, the Company has designed a programme to accelerate progress towards defining a maiden MRE, targeted for Fourth Quarter 2026, and to test the scale, continuity and geometry of the mineralised system at Defender, including its potential relationship to the broader mineralised trend extending towards M2, located more than3 km to the southwest. Detailed geological mapping and geophysical surveys will commence in March 2026 to assess the mineralised trend between Defender and The Company's existing MRE atM2. This work is intended to refine the geological model and support drill targeting initially at the eastern end of the trend. Groundworks are scheduled to begin in April to prepare the drill pads, ahead of the commencement of drilling. Bids from drilling contractors are currently being sought for the programme, with the objective of starting drilling in June 2026 and will be incorporated into the exploration model. Board Change • Feb 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 1 independent director (5 non-independent directors). Senior Independent Non-Executive Director Andrew Nicholas Hay was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 03
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 1 independent director (5 non-independent directors). Senior Independent Non-Executive Director Andrew Nicholas Hay was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Jan 28
Great Western Mining Corporation PLC Announces the Results of an IP Geophysical Survey and the Assay Results of a Reverse Circulation Drilling Programme at Rhyolite Dome Great Western Mining Corporation PLC announced the results of an IP geophysical survey and the assay results of a reverse circulation ("RC") drilling programme at Rhyolite Dome, a previously undrilled prospect, which forms part of its Olympic Gold epithermal precious metals project in the Walker Lane trend of Nevada ("Rhyolite Dome"). Six IP survey lines completed, identifying a near-surface resistivity anomaly associated with a fault and a deeper untested chargeable feature at more than 300 m depth. Four shallow RC holes totalling 2,315 ft (706 m) intersected silicified, hydrothermally altered volcanic rocks consistent with an epithermal system. Low-grade gold and more significant silver mineralisation returned, including 70 ft (21.3 m) at 1.64 g/t Ag. Elevated pathfinder elements (Ba, As, Mn, Li, Sb) indicate shallow levels of a hydrothermal system. Geological model to be refined for better targeting of the deeper chargeable IP anomaly. Four shallow RC drill holes were completed at Rhyolite Dome in November 2025 totaling 2,315 ft (706m). Drilling primarily targeted the near-surface resistivity anomaly defined by the IP survey, while the deeper chargeable feature was ultimately beyond the effective reach of the contracted RC rig from the permitted drill pads. Drilling intercepted several intervals of silicified rhyolite with locally common pyrite, together with hydrothermally altered volcanic rock. Low concentrations of gold were encountered, with maximum intercepts of 5 ft (1.5 m) at 0.12 g/t Au and 5 ft (1.5m) at 0.11 g/t Au in hole RDRC005. More significant silver intercepts were returned, including 70 ft (21.3 m) at1.64 g/t Ag and 0.03 g/t Au in holeRDRC004, as well as 15 ft (4.6 m) at 1.13 g/t Ag and 0.,05 g/t Au. Elevated concentrations of pathfinder elements were recorded across the drill hole assays, including barium (Ba, consistently greater than 1,000 ppm), arsenic (As, consistently greater than 200 ppm and up to 3,820 ppm), manganese (Mn, with several intervals exceeding 1,000 ppm), lithium (Li, consistently greater than 50 ppm) and antimony (Sb, with various intervals above 100 ppm). These geochemical signatures are consistent with the shallow levels of a hydrother mal system. On the basis of these results, the geological framework for the Olympic Gold Project will now be revisited to refine future exploration targeting, particularly with respect to the chargeable feature that remains untested by this shallow RC drilling programme. Ankündigung • Jan 22
Great Western Mining Corporation PLC Announces Assay Results of A Reverse Circulation Drilling Campaign At Its West Huntoon Gold-Silver-Copper Project in Nevada USA Great Western Mining Corporation PLC announced the assay results of a Reverse Circulation drilling campaign at its West Huntoon Gold-Silver-Copper Project in Nevada USA. Six RC drill holes successfully drilled at West Huntoon, totalling 3,630 ft (1,106.4 metres) providing valuable new insights into the precious and base metal mineralisation of the Project. Precious metal Au-Ag mineralisation is now found to be associated with Cretaceous "Crown Point" granite. Highlight metal intercepts include: 25 ft @ 1.01 g/t Au and 11.00 g/t Ag (including 5 ft @ 2.55 g/t Au and 19.00 g/t Ag); o 15 ft @ 1.67 g/t Au and 2.34 g/t Ag (including 5ft @ 4.01 g/t Au & 2.74 g/t Ag); o 5 ft at @ 1.06 g/t Au and 8.54 g/t Ag; and 85 ft @ 3.00 g/t Ag. Elevated pathfinder elements including barium (Ba, consistently >2,000 ppm), arsenic (As, various 5ft intervals >1000 ppm and up to 3670 ppm), lithium (Li, consistently >20 ppm) and antimony (Sb, various intervals >4 ppm) in all drill holes indicate a shallow component of a magmatic-hydrothermal system. Previously unexamined material from historic RC and diamond core drilling has recently been obtained by the Company and will be logged and assayed. Detailed geological mapping and sampling of epithermal features across the property is ongoing. Confirmation of precious metals mineralisation over the Crown Point area is a major advance for the Company and will add an important new dimension to 2026 exploration plans as the company move forward, which will include further testing of the Crown Point granite. The West Huntoon Gold- Silver-Copper Project is part of the Huntoon Copper Project, located in Mineral County, Nevada, within the Walker Lane Structural Belt. Late Proterozoic to Mesozoic rocks, mainly Permian Mina Formation and Jurassic Dunlap Formation, outcrop in the project area, intruded by Cretaceous granites, granodiorites and diorites, which are largely covered by post-mineral Tertiary volcanics. The Cretaceous "C Crown Point" granite, recently discovered and mapped by the Company, contains textural evidence for having hosted magmatic-hydrother thermal fluid fluid fluid and epithermal fluid. Ankündigung • Jan 12
Great Western Mining Corporation plc Appoints Ed Loye as Chief Executive Officer, Effective February 1, 2026 Great Western Mining Corporation PLC announced the appointment of Mr. Edward ('Ed') Loye as Chief Executive Officer, effective February 1, 2026. Ed, who was working as a geological consultant to Great Western during the second half of 2025, brings over 20 years' experience in mineral exploration and project development across rare earths ('REE'), critical, precious, and base metals. He has held senior executive and board roles in both private and listed companies, with expertise spanning mineralogy, economics, extraction, and processing. Previous roles include Managing Director of Geolithical Limited, a developer of industrial minerals and critical metals, including strontium, zinc and indium, and founder of E-Tech Metals Limited, now ReeXploration Inc., where he led the discovery and development of the Eureka REE project in Namibia. Ed has also held senior roles at the Camborne School of Mines and at the University of Exeter working on UK Government-funded programmes focused on critical and technology metals for the energy transition. He is a founding member of the UK Critical Minerals Association, a Fellow of the Geological Society of London, and holds MScs in both Mining Geology and Applied Mineralogy. Ed will join as Chief Executive Officer on February 1, 2026, and it is the intention of the Board that he will join the Board of Directors in due course. Ankündigung • Jan 05
Great Western Mining Corporation plc Announces Tungsten Exploration Update Great Western Mining Corporation PLC announced an update on its 100% owned and highly prospective Pine Crow-Defender tungsten prospect in Mineral County, Nevada. Further to the Company's 18 November 2025 announcement, in December the GWM exploration team completed a machine-cut channel sampling programme over existing trenches at the Pine Crow-Defender prospect. This work followed anomalous soil sampling results reported in October and the Company considers that these trench samples have strong potential to confirm zones of broad and consistent tungsten mineralisation. Initial observations from the trenching programme are highly encouraging and the samples have been dispatched to a laboratory for assay. The results are expected during January and could be used in the design of an early drill programme. Development of a tungsten asset is aligned with US demand for secure domestic supplies of critical and strategic minerals. Ankündigung • Nov 19
Great Western Mining Corporation PLC Announces an Update on Its Exploration Activities Across Its Copper, Gold and Tungsten Prospects in Nevada, USA Great Western Mining Corporation PLC announced an update on its exploration activities across its copper, gold and tungsten prospects in Nevada, USA. Successful completion of a 6,185ft (1,885 metres) reverse circulation drilling programme across the West Huntoon copper prospect and the Rhyolite Dome gold prospect, comprising 3,615ft (1,102 metres) over 6 holes at West Huntoon and 2,570 ft (783 metres) over 5 holes at Rhyolite Dome. Fourth Quarter drilling programme was completed on schedule, including an additional hole at West Huntoon which was not originally planned. Drill cuttings for the full depth of all holes drilled have now been trucked for assay to a laboratory in Reno, Nevada and results are expected to be received over the next 4-8 weeks. Great Western is accelerating exploration efforts at its Defender and Pine Crow tungsten targets following recent anomalous soil sample results, including sampling from existing trenches before the end of the year, subject to winter ground conditions. Drilling was competed in line with budget and the Company is funded for upcoming work on the tungsten project. Ankündigung • Oct 29
Great Western Mining Corporation plc Announces the Results of A Soil Sampling Campaign for Tungsten and Other Metals on Claims Adjacent Its Huntoon Copper Project in Nevada USA Great Western Mining Corporation PLC announced the results of a soil sampling campaign for tungsten and other metals on claims bordering its Huntoon Copper Project in Nevada USA. 98 soil samples were collected across 198 acres (0.8 km2) in the vicinity of GWM's already established M2 copper skarn resource and the historically mined Pine Crow and Defender tungsten skarns. Elevated tungsten, copper and zinc were traced for at least 1.4 km along strike following a granite-limestone contact, indicating extensions to the outcropping skarn-style mineralisation at Pine Crow and Defender. When integrated with previous soil samples from the M2 skarn area, the soil geochemical anomaly extends over 2.8 km of strike length, from south of the M2 resource to Pine Crow, with consistently elevated tungsten, copper and Zn in soil values. The Defender and Pine Crow skarns, which are thought to have produced tungsten during World War II, lie approximately 2 km northeast of and on trend with the Company's M2 skarn copper resource. These outcropping skarns occur at the contact zones of Cretaceous granitic intrusions with limestones of the Jurassic Dunlap Formation. Earlier field mapping and rock chip sampling confirmed scheelite-bearing skarns at both Defender and Pine Crow, with rock chip samples recording up to 1.75% tungsten trioxide. The purpose of the summer 2025 soil sampling campaign was to test for extensions of mineralisation in the vicinity of the previously mined Pine Crow/Defender tungsten skarn workings and the Company's nearby copper resource at the M2 skarn. 98 soil samples were collect across 198 acres (0. 8 km2) between Defender/Pine Crow and the Company's previous soil sample grid at M2. Elevated tungsten (W), copper (Cu) and zinc (Zn) in soil results were traced for approximately 1.4 km along the granite-limestone contact zone. Five samples from the contact zone were greater than 75 ppm Cu, with one sample containing 385 ppm Cu. Zn in soil is elevated up to 81 ppm Zn in the contact zone compared to <40 ppm away from the contact. W in soil is elevated up to 6 ppm in the contact zone, compared to background values of <1 ppm W in soil away from the contact zone. Due to its refractory nature, W concentration is also likely to have been under-represented by the aqua regia digest method used in the lab analysis. When correlating trends with the Company's historically reported soil sample grid in the M2 area, elevated W, Cu and Zn in soils can be traced for over 2.8 km in strike length, from south of The M2 resource to Pine Crow. The spatial extent of these results highlights the potential scale of the mineralising system and indicates correlation between the M2 copper skarn resource, and the tungsten rich skarns in the Pine Crow/Defender area. In the short term, the Company will follow up with infill soil sampling analysis together with detailed geological mapping for a better evaluation of further skarn-mineralisation in the area and to delineate areas for geophysical surveys and channel sampling. The results of this work will guide the generation of drill targets. Ankündigung • Oct 22
Great Western Mining Corporation plc Announces Completion of Drilling Programme At West Huntoon and Commencement of Drilling At Rhyolite Dome Gold Target Great Western Mining Corporation PLC announced the successful completion of its reverse circulation ("RC") drilling programme at the West Huntoon copper prospect in Mineral County, Nevada and the commencement of drilling at the highly prospective Rhyolite Dome gold target. The six-hole programme at West Huntoon, the Company's copper asset, was completed ahead of schedule and without incident, totaling 3,615 feet (1,102 metres). West Huntoon lies within a richly mineralised valley system that hosts multiple copper prospects within a 6 km radius, underscoring the broader potential of this emerging copper district. Samples from all holes are being dispatched for laboratory assay, with results expected in the coming weeks. Following completion of the West Huntoon phase, the drill rig has been mobilised to the high-priority Rhyolite Dome target, a large, previously undrilled, silica-flooded system displaying strong epithermal indicators at the Olympic Gold Project. The six-hole programme now underway is designed to test several shallow anomalies identified by a recent induced polarisation ("IP") geophysical survey and is expected to conclude during October. Board Change • Oct 15
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 1 independent director (5 non-independent directors). Senior Independent Non-Executive Director Andrew Nicholas Hay was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Sep 01
Great Western Mining Corporation plc Provides an Update on Exploration Activities At Key Targets in the Walker Lane Belt of Nevada, Usa Great Western Mining Corporation PLC provided an update on exploration activities at key targets in the Walker Lane belt of Nevada, USA. signed a rig contract for approximately 1,800 metres of RC drilling at Rhyolite Dome and West Huntoon commencing early October. Completed an IP survey at the previously undrilled Rhyolite Dome gold prospect, defining drill targets. Completed soil sampling at the Defender-Pine Crow tungsten prospect, with laboratory analysis now underway. Work ongoing at recently staked Yellow Peak claims, using recent soil sampling and evaluation of historical drill data to expand the West Huntoon copper footprint. Ankündigung • Jul 19
Great Western Mining Corporation PLC, Annual General Meeting, Aug 14, 2025 Great Western Mining Corporation PLC, Annual General Meeting, Aug 14, 2025. Location: stephen`s green club, 9 st. stephen`s green dublin, Ireland Board Change • Jul 14
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 1 independent director (5 non-independent directors). Senior Independent Non-Executive Director Andrew Nicholas Hay was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Jul 02
Great Western Mining Corporation PLC Announces the Results of Surface Sampling at West Huntoon During Spring 2025 Great Western Mining Corporation PLC announced the results of surface sampling at West Huntoon during spring 2025. 1.07 g/t gold and 455 g/t silver from a sample at the Crowne Pointe granite extends a high-grade trend there to an 80 m strike length. A sample located in the far north of the Crowne Pointe granite outcrop returned 2.16 g/t gold, 34.2 g/t silver and 1.58% copper. Multiple samples in the range 0.1 - 0.2 g/t gold and 5-20 g/t silver. Seven samples around the Crowne Pointe granite Outcrop contain copper grades of 0.18 - 0.31% copper, with an outlier at 0.68% copper. A single grab taken to the northwest of previous sampling contains 0.44% copper and 6.4 g/t silver. A single grab taken to The northeast of the granite outcrop area contains 56 g/t silver and 6.34% zinc. West Huntoon is a group of claims on high ground to the west of the flat Huntoon Valley. In the hills on the other side of the valley is the M2 project where the Company has extensively drilled and already established an inferred copper resource. Directly south of M2 is the M4 prospect which the Company has also drilled and found positive indications of copper. During the current quarter, Great Western will be drilling on the high ground at West Huntoon with an initial programme of 5 holes, each likely to be approximately 200 m in length, aiming to establish that the consistent copper showings at surface across a large area are matched at depth and to continue exploring the precious metals potential. The survey results below, acquired in collaboration with a team from the UK's Camborne School of Mines, analyse precious metals and other minerals found to be present in this complex and highly mineralised area. Great Western conducted a selective surface sampling programme at West Huntoon earlier this year, focused on potentially mineralised ground in the Crowne Pointe granite area, to which it holds rights under the previously announced Huntoon Mine Cooperation Agreement. This work was a follow-up to an earlier programme which recorded exceptionally high grades of silver and gold of up to 2,438 g/t Ag and 5.14 g/t Au. Other samples from around the wider area were taken as part of a field consultation and the academic collaboration with the Camborne School of Mines. Board Change • Jun 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 1 independent director (5 non-independent directors). Senior Independent Director Andrew Nicholas Hay was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 28
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. 1 independent director (5 non-independent directors). Senior Independent Director Andrew Nicholas Hay was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Ankündigung • Feb 18
Great Western Mining Corporation plc Announces the Results of Soil Geochemistry and Induced Polarisation (Ip) Surveys At Its M5 Prospect in Mineral County, Nevada Great Western Mining Corporation PLC announced the results of soil geochemistry and induced polarisation (IP) surveys at its M5 prospect in Mineral County, Nevada. New soil samples have shown continuing anomalism for both gold and copper in the northeast of the M5 prospect area. An IP survey has identified a chargeability-resistivity pair aligned with the M5 ridge where the strongest soil sampling results occur. Both new datasets point to the system continuing under cover to the northeast. The results will support drill targeting prioritisation as the Company advances its exploration strategy in the Walker Lane Belt. The M5 prospect occurs at a prominent 850 m long northeast trending ridge, located in the south of the Jack Springs claim group. The ridge is composed of mafic intrusions in an altered volcanic package, standing proud of surrounding tertiary lava cover. The ridge hosts a number of mineralised outcrops, including a quartz vein with bonanza silver grades (5.14 g/t Au, 1,246 g/t Ag and 0.32% Cu, reported in late 2023) and sulphide stringers featuring chalcopyrite. Soil sampling in 2023 identified a zone 1500 m long by 400 m wide containing several corridors of anomalous gold and copper values which are open as they reach the edge of surrounding overlying tertiary lavas to the northeast. The objective of the IP survey at M5 was to investigate the ground beneath the main ridge and any possible continuation of anomalies to the northeast under volcanic cover. This was successful. Line 1 identified a chargeability anomaly associated with the southwestern flank of the M5 ridge, adjacent to strong resistivity high at the ridge crest. The same relationship occurs on Line 2 where a similar pair of anomalies has been identified beneath the tertiary cover sequence. The chargeability anomaly on Line 2 is stronger than the corresponding anomaly on Line 1. Mineral potential is hosted by the regional Walker Lane Structural Belt, the largest structural and metallogenic belt in Nevada, yet one of the least explored in recent times, with gold, silver and copper currently produced in Mineral County. Great Western has seven distinct concession areas which offer the potential for exploiting (1) short term gold and silver deposits and (2) long-term, world-class copper deposits. Six of the Company's properties are in the west of Mineral County and the seventh and most recent acquisition, the Olympic Gold Project, is in the east of the county, some 50 miles from the main group. All the Company's claims are 100% owned. Claims at the Eastside Mine Group have been contributed to a pooling agreement with Bronco Creek Exploration Inc. and in addition the Company participates in the Huntoon Mine Area Cooperation Agreement with landowner-neighbour Crowne Point Resources with whom it shares resources. Great Western's small exploration team is supported by locally based consultants and contractors. The state of Nevada is one of the world's most mining friendly jurisdictions. While tightly regulated and environmentally conscious, Nevada welcomes the mining industry. Great Western takes care to ensure that its claims are maintained in good standing and all regulations observed. There are numerous gold and silver prospects on the Company's acreage, including extensive historic mine workings which offer the opportunity for secondary recovery. The Company is party to a 50-50 joint venture known as Western Milling LLC which is constructing a mill to process pre-mined material for secondary recovery of gold and silver. Furthermore, through extensive drilling over a five-year period, GWM has established a Mineral Resource on its first target area known as M2, of 4.3 million tonnes at 0.45% copper, for 19,000 tonnes of contained copper metal. This resource has been independently reported in accordance with JORC guidelines. GWM has also established an Inferred Resource Estimate of 31,000 tonnes grading 1.6 g/t gold and 3.0 g/t silver in tailings associated with the OMCO Mine at the Olympic Gold Project. Additionally, exploration targets have been independently reported as follows: 3,400 - 6,400 tonnes grading between 0.5 and 1.2 g/t Au and 1.2 and 1.2 and 1". Ankündigung • Feb 15
Great Western Mining Corporation PLC Announces Further Results from Its 2024 Geological Field Work with Positive Developments At Several Prospects Great Western Mining Corporation PLC announced further results from its 2024 geological field work with positive developments at several prospects. M2 Resource: An analysed soil samples reveal a surface anomaly continuing 500 m to northeast of the Company's existing inferred copper resource. One grab sample from this area recorded 1,470 g/t Ag, a new peak for M2. West Huntoon Porphyry Prospect: Further infill soil sampling has better defined strong copper and gold targets at the heart of the anomaly, following the recently reported expansion of the area of interest from 2 km2 to approximately 3 km2. West Huntoon Gold Prospect: A new grab sample confirms elevated gold values (2.01 g/t Au) 65 m along strike from high-grade samples reported in late 2024 (16.17 g/t Au, 207 g/t Ag); Smith Mine: reconnaissance soil samples have confirmed an area in the south of the grid as anomalous for copper, with peak value of 341 ppm Cu, and an isolated sample returning a gold value of 29 ppb Au. The company reported lab results several times during 2024, and this release covers lab results recently received and not previously reported. Some 2024 results remain pending and will be announced when available. The precise locations of the samples taken are set out in map form at the end of this release. M2 Resource New soil samples taken northeast of M2 indicate the continuity of the M2 trend in this direction. 124 samples were collected in a 50 x 50 m grid, of which 27 were anomalous (>75 ppm Cu) for copper (peak 969 ppm Cu, median 117 ppm Cu). Notably, one portion of the anomaly is above a granite body - the Fletcher's Camp Granite. Surface showings of copper have been found relating to late-stage intrusions above the granite contact. Grabs from this area have returned positive grades for copper one returning a grade of 1,470 g/tAg. Crucially, this is an area where Great Western has open drill permission under an ongoing agreement with a private landowner. While recent focus has been on the copper prospectivity at West Huntoon, these results again highlight the widespread gold prospectivity. Of the 56 new samples, 23 have gold grades >5 ppb, with median value of 10 ppb, and outliers at 231 and 100 ppb Au. Reviewing a wider group of 333 samples taken to date over the core areas of West Huntoon (including both new and previously released samples, with those collected cover sequences excluded), 271 are = 5 ppb Au, 26 are =50 ppb Au and 13 are = 100 ppb Au with outliers at 1,940 and 320 ppb Au. In 2024 GWM announced a high-grade vein grab of 16.17 g/t Ag, 207 g/t Ag and 2.37% Cu. A follow-up sample has since been taken 65 m to the southeast on another outcrop of the same structure which returned 2.04 g/t Au and 0.1% Cu, indicating that this mineralised vein may have lateral continuity. Further detailed mapping of the area in search for more outcrops of this structure is planned. Ankündigung • Dec 06
Great Western Mining Corporation PLC Announces New Claims Staked for Tungsten Great Western Mining Corporation PLC announced three tungsten targets over both newly staked and existing claims in Mineral County, Nevada. Introduction: In the light of recent political developments which emphasise the need for new domestic tungsten resources in the United States, Great Western has undertaken a review of the tungsten prospectivity on and adjoining its existing claims, with positive results. Tungsten is included on the list of critical minerals as determined by the US Department of the Interior, while copper is identified as a critical material for energy by the US Department of Energy. Two separate former tungsten workings historically known as Pine Crow and Defender, sit close to the northern edge of Great Western's Black Mountain claims. In recent days the Company has staked and registered six new claims which cover both Pine Crow and Defender. Separately, a 600 m long east-west tungsten-in-soils anomaly is evident in the southern part of the Company's Jack Springs claim group, approximately 9 km to the southwest of the workings described above. This anomaly is parallel to and overlies a linear magnetic high. Pine Crow and Defender The Pine Crow and Defender mines include surface workings on mineralised features, each having around five (5) acres of dozer scrapes and small pits focused on veins and altered outcrops. These features were selectively grab sampled during reconnaissance work undertaken by the Company in 2018. Highlights are as follows: Pine Crow, three samples from mine dumps - 2,590, 2,430 and 1,520 ppm tungsten. Defender, two samples from outcropping veins and altered host rock - 1,600 and 850 ppm tungsten. A sample from the trend between the two workings, on existing GWM claims identified altered host rock - 210 ppm tungsten. The samples from Pine Crow are also enriched in molybdenum, with values of 700, 690 and 590 ppm. Jack Springs Tungsten: Existing reconnaissance soil sampling over the northern parts of the Jack Springs claim group shows a 600 m long (east-west) and 100-150 m wide (north-south) zone of samples anomalous for tungsten. The anomaly occurs on six adjacent soils lines (line spacing 100 m, sample spacing 50 m) collected during 2012 and consists of between one and three samples above 70 ppm tungsten on each line. The maximum value detected was 96.3 ppm tungsten. The soil anomaly correlates with a roughly linear east-west trending magnetic anomaly which was detected on GWM's drone magnetometry carried out in early 2021. The juxtaposition of elevated tungsten with a magnetic anomaly is suggestive of a skarn setting. As the tungsten-in-soils anomaly is obscured to the east by tertiary volcanic cover, there is potential to extend the area of exploration. Next Steps: Further soil sampling and field mapping is planned at both areas of tungsten prospectivity. If the results of this work are positive, geophysical surveys will be designed to develop drill targets. Ankündigung • Dec 04
Great Western Mining Corporation PLC has completed a Follow-on Equity Offering in the amount of £0.3 million. Great Western Mining Corporation PLC has completed a Follow-on Equity Offering in the amount of £0.3 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,818,181,818
Price\Range: £0.000165
Transaction Features: Subsequent Direct Listing Ankündigung • Nov 29
Great Western Mining Corporation PLC has completed a Follow-on Equity Offering in the amount of £0.045 million. Great Western Mining Corporation PLC has completed a Follow-on Equity Offering in the amount of £0.045 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 272,727,272
Price\Range: £0.000165 Ankündigung • Nov 14
Great Western Mining Corporation plc Announces Positive Results of Soils and Grab Sampling At Its West Huntoon Copper Prospect Great Western Mining Corporation PLC announced positive results of soil and grab sampling at its West Huntoon porphyry copper prospect. Highlights include: New soil results further extend the prospective area of the copper porphyry setting. The anomalous copper zone has now been expanded from approximately 2 km² to over 3 km². Infill soils in the highest-grade area confirm previous results with values of 954 and 571 ppm Cu. A selective grab sample taken from an outcropping vein returned very high values - 16.17 g/t gold, 207 g/t silver and 2.37% copper. West Huntoon, located in the northwest of the Huntoon Valley in Mineral County, Nevada, is a key prospect within Great Western's Huntoon Copper Project where a resource of 19,000 T contained copper has already been established through extensive drilling by the Company. The Huntoon Copper Project is a cluster of five prospects at various stages in the exploration pipeline, all lying within a 6 km radius in the north of the Huntoon Valley. At West Huntoon, a zone of anomalous soils has now been expanded to over 3 km2 (740 acres) in area, with overlapping magnetic and chargeability anomalies and granite outcrops which indicate a classic porphyry setting. Follow-up soil sampling was undertaken this year to the northeast, over host rocks of a similar age to those in the core West Huntoon zone. This area is dominated by mafic porphyry outcrops with local copper showings. The host rocks are crosscut by an aplitic dyke swarm and some granitic bosses. During the summer field season 47 new soil samples were collected, with 38 taken in the northeastern area and 9 as an initial infill profile proximal to the best previous results in the centre of the existing anomaly. Results range between 21 and 954 ppm Cu, with a median value of 157 ppm Cu. These samples show good continuity in the copper anomalies reported. The northeastern samples expand the total area of the soils anomaly at West Huntoon by 50 ha (124 acres). The anomalous samples run to the edge of overlying cover, beyond which samples the potentially mineralised rocks are no longer accessible, indicating that continuation under this cover is highly likely. This pattern is repeated at multiple locations across the West Huntoon prospect. The infill profile produced two high grade samples (954 and 571 ppm Cu) which were adjacent to the strongest results in the previous survey, indicating good repeatability in this area. Proving the continuity of anomalism to the northeast in the direction of the Company's copper resource at M2 is an important result. The 2024 IP surveys at West Huntoon identified a chargeability anomaly under the edge of the valley sediments proximal to this area and the identification of elevated copper directly adjacent to this target further supports its prospectivity. Additionally, during this fieldwork further small granitic intrusions were identified within this area. Six selective grab samples were taken from the area, primarily for geochemical purposes (Table 1). However, one sample in the southwest of the area, from a mineralised vein structure 1 m long by 30 cm wide at outcrop, included strikingly high grades of 16.17 g/t Au, 207 g/t Ag and 2.37% Cu. Further outcrops of this vein are being sought. This sample provides further evidence that a series of high-grade veins are also present at West Huntoon, in addition to its large porphyry potential. Great Western is participating in The 121 Mining Investment Forum in London on 14-15 November and the Company's presentation will be published shortly before the event. Ankündigung • Jun 25
Great Western Mining Corporation PLC has filed a Follow-on Equity Offering in the amount of £0.5 million. Great Western Mining Corporation PLC has filed a Follow-on Equity Offering in the amount of £0.5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,250,000,000
Price\Range: £0.0004
Transaction Features: Subsequent Direct Listing New Risk • May 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 55% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€3.23m market cap, or US$3.50m). Ankündigung • May 11
Great Western Mining Corporation PLC, Annual General Meeting, Jun 05, 2024 Great Western Mining Corporation PLC, Annual General Meeting, Jun 05, 2024. Location: the stephens green club, 9 st stephens green, d02 c891, dublin Ireland Ankündigung • Apr 20
Great Western Mining Corporation PLC (AIM:GWMO) completed the acquisition of Olympic Gold Project in Mineral County, Nevada. from Nevada Select Royalty, Inc. Great Western Mining Corporation PLC (AIM:GWMO) agreed to acquire Olympic Gold Project in Mineral County, Nevada. from Nevada Select Royalty, Inc. for $0.15 million on May 22, 2020. The consideration includes the option payments amount to $0.15 million over 4 years (the "Option Period") as follow: $0.015 million on closing the option agreement$0.025 million on the first anniversary of closing; $0.035 million on the second anniversary of closing; $0.035 million on the third anniversary of closing; and $0.04 million on the fourth anniversary of closing (the "Final Payment").
Great Western Mining Corporation PLC (AIM:GWMO) completed the acquisition of Olympic Gold Project in Mineral County, Nevada. from Nevada Select Royalty, Inc. on April 18, 2024. New Risk • Apr 14
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m. Market cap is less than US$10m (€3.02m market cap, or US$3.21m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (20% increase in shares outstanding). Ankündigung • Apr 11
Great Western Mining Corporation PLC Reports the Commencement of Induced Polarisation and Resistivity Surveys At Its West Huntoon and M5 Claims in Mineral County, Nevada Great Western Mining Corporation PLC reported the commencement of induced polarisation (IP) and resistivity surveys at its West Huntoon and M5 claims in Mineral County, Nevada. IP and resistivity surveys are currently being carried out at the West Huntoon copper porphyry prospect and the M5 gold-silver-copper prospect, following successful field exploration in 2023. Surveys will provide information about the subsurface for drill targeting at both prospects. Both surveys are expected to be completed during April. Great Western has commissioned Zonge International to conduct induced polarisation (IP) and resistivity surveys across two of its exploration projects in the Marietta area. In the past few days, a Zonge survey team has commenced work on the West Huntoon claims to conduct IP profiles across the copper porphyry mineralisation which outcrops there. When complete, the team will move to the M5 gold- silver-copper prospect in the Jack Springs (JS) claim group. All survey work is expected to be completed during April. The survey work is expected to identify chargeability and resistivity anomalies which can be interpreted as representing zones of disseminated sulphide mineralisation and silicification. The results of this work will be used to improve the geological model and plan drill targets at both prospects. At West Huntoon, on the west side of the Huntoon Valley, 2023 geological work has indicated the presence of a copper porphyry system. This was established by (1) the identification of a 2 km2 area of copper in soils anomaly, open in several directions under tertiary cover, (2) significant copper oxide showings at outcrop and (3) a mineralised granite intrusion showing textures consistent with hydrothermal fluid release. The objective of the survey work is to identify the best drill targets in this area of rich surface indicators and to investigate further potential in areas covered by tertiary volcanics. M5: The M5 prospect is a mafic intrusion in limestones and rhyolites, located in the southeastern part of the Jack Springs (JS) claims group. Mineralisation is associated with the alteration zone surrounding the intrusion and the core of the prospect forms a prominent northeast trending ridge, standing proud of the surrounding lavas. Soil sampling in 2023 indicated continuation of elevated gold and copper values to the northeast under tertiary cover. The surveys will test the main part of the soils anomaly over the M5 ridge line and seek to identify additional drill targets under tertiary cover to the northeast. Ankündigung • Mar 30
Great Western Mining Corporation plc Report Results from Ongoing Work on the Highly Prospective Rhyolite Dome Gold Target At Its Olympic Gold Project in Nevada Great Western Mining Corporation PLC reported results from ongoing work on the highly prospective Rhyolite Dome gold target at its Olympic Gold Project in Nevada. Highlights: Soil sampling results reveal Rhyolite Dome as a high priority gold target. Best grades include 61 ppb, 58 ppb and 51 ppb gold in recent samples and 207 ppb gold in legacy samples. Results include some of the strongest soil anomalism encountered to date at the Olympic Gold Project. Rhyolite Dome is further enriched with a suite of indicator elements, including silver, arsenic, and mercury. Rhyolite Dome is located at a crossover zone between northwest and north-northeast trending major fault sets. TheWarrior, Hillside, Cute Maid and Lou epithermal gold deposits all lie along a 2.2 km trend, similar to the distance from OMCO to Rhyolite Dome. Other geological features that highlight prospectivity include a silica sinter, chalcedony veins and a mapped placer. Introduction: Rhyolite Dome lies within the Olympic Gold Project, approximately 2 km southeast of the OMCO gold mine site and 15 km southeast of the Paradise Peak epithermal gold deposits. It is a rhyolite flow dome structure, surrounded byclay-altered andesite volcanics and rhyolitic tuffs, with scattered gold anomalies identified in grabs during 2023 (see RNS Exploration Update 10 July 2023). The target has never been drilled. Legacy soil data and new sampling: Great Western has recently digitised legacy reconnaissance soil results. The dataset comprises multi-element results from 115 samples taken from Great Western's claims, arrayed in four northeasterly traverses. The traverse that crosses Rhyolite Dome contains some of the strongest soil anomalism encountered at the Olympic Gold Project, including 207 ppb gold and 1,780 ppb silver. In general, the anomalies at Rhyolite Dome exceed those proximal to the OMCO Mine and Trafalgar Hill where known mineralisation occurs. This has prompted follow-up sampling at Rhyolite Dome, with a total of 145 newsoilsamples taken along six lines, with 100 m line spacing and 30 m sample spacing along each line. Gold results: The gold results are highly positive. Of the 145 samples taken, 54 are > 10 ppb gold, 9 are > 20 ppb gold and three outliers contain 51, 58 and 61 ppb gold (values above 5 ppb have been treated as anomalous for gold). The best gold results in the new data are clustered near the location of the peak legacy data sample (at 207 ppb gold). Based on these results, the northwest side of Rhyolite Dome appears most prospective. Multiple prospectivity indicators: A strong prospectivity picture is developing at Rhyolite Dome. Additional indicators include: Other metals:Silver, arsenic and mercury, all of which are also indicative of low-sulphidation epithermal mineralisation, are enriched in Rhyolite Dome area and show good correlation with gold and local structures. Geology: Rhyolite flow domes are associated with thermal centres in epithermal systems forming above vertical lava conduits. Textures: On the southern margin of the dome structure, chalcedonic stockwork veins were identified during soil sampling. Stockworks of this type are typically found above the ore zone in low-sulphidation systems. Hot spring deposits: Surface deposits of amorphous silica (sinters) flooding into lake sediments have been identified by GWM on the northwest flank of the dome structure. Sinters are another feature typically found above low sulphidation centres. Fluid pathways: Rhyolite Dome area lies at a crossover zone between northwest and north-northeast trending major fault sets. These structures may have provided vertical plumbing for both molten rock and mineralising fluids. Metal anomalies are aligned along interpreted structures. Placers: A legacy geological map indicates both outcropping quartz and a 'gold placer', less than 200 m north of the previous best gold soils results at Rhyolite Dome and topographically lower. Placers form from the erosion of outcropping gold mineralisation and subsequent deposition of gold detritus. Neighbouring deposits: To the east of Olympic, theWarrior, Hillside, Cute Maid and Lou epithermal gold deposits all lie along a 2.2 km trend, similar to the distance from OMCO to Rhyolite Dome. These deposits are each located on north-northwest trending structures - a matching orientation to the OMCO-RH trend. Ankündigung • Mar 11
Great Western Mining Corporation PLC has completed a Follow-on Equity Offering in the amount of £0.7005 million. Great Western Mining Corporation PLC has completed a Follow-on Equity Offering in the amount of £0.7005 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,610,344,827
Price\Range: £0.000435
Transaction Features: Subsequent Direct Listing Ankündigung • Jan 10
Great Western Mining Corporation plc Provides Progress Report on Its 50% Owned Process Mill in Mineral County, Nevada Great Western Mining Corporation PLC provided the following progress report on its 50% owned process mill in Mineral County, Nevada. Construction of mill site complete; All process plant on site for gravity separation with generator in place; Permit granted by regulator for moving material to site from remote locations; Commissioning and start-up of mill operations waiting on environmental permit; Application for stage-2 leaching process to be submitted following approval of permit for gravity separation; Construction of the mill for producing precious metal concentrates from mining waste and ore through gravity separation was completed shortly prior to the end of the year with all process equipment on site. The mill is owned and operated by Western Milling LLC, a 50-50 joint venture between Great Western and local contractor Muletown Enterprizes LLC. A generator has been installed on site for powering the plant which will be replaced in due course by three-phase power from the local utility company. The Federal Bureau of Land Management ('BLM') has now granted a permit for collecting material from mine locations and delivery to the mill site. Initially the mill will process approximately 35 tonnes per day and has the capacity to be expanded at minimal cost to 200 tonnes/day, once operating parameters have been established. Commissioning and start-up are dependent on the grant of an operating permit from NDEP (Nevada Department of Environmental Protection), timing of which is outside the joint venture's control. To the best of the Company's knowledge, all environmental guidelines have been rigorously observed and in some cases exceeded, the joint venture not being aware of any outstanding issues beyond pressure of work at the environmental agency. NDEP has advised the joint venture that completion of the application has high priority. The Company has a large tract of acreage in Mineral County, Nevada. The acreage partly consists of rugged, mountainous terrain, large parts of which remain under-explored. Mineral potential is hosted by the regional Walker Lane Structural Belt, the largest structural and metallogenic belt in Nevada, yet one of the least explored in recent times, with gold, silver and copper currently produced in Mineral County. Great Western has seven distinct concession areas which offer the potential for exploiting (1) short term gold and silver deposits and (2) long-term, world-class copper deposits. Six of the Company's properties are in the west of Mineral County and are 100% owned and operated. The Company has an option to acquire a seventh property, the Olympic Gold Project, in the east of the county. Great Western's small exploration team is supported by locally based consultants and contractors. The state of Nevada was rated the world's most mining friendly jurisdictions by the Fraser Institute of Canada in 2023. While tightly regulated and environmentally conscious, Nevada welcomes the mining industry. Great Western takes care to ensure that its claims are maintained in good standing and all regulations observed. There are numerous gold and silver prospects on the Company's acreage, including extensive historic mine workings which offer the opportunity for secondary recovery. As well as mineral exploration and appraisal, he is a 50% participant in the Western Milling LLC joint venture which has now completed construction of a mill to process pre-mined material for secondary recovery of gold and silver. The mill is currently waiting on a state environmental permit to enable commissioning and first production of precious metal concentrates. Through extensive drilling over a five-year period, GWM has established a Mineral Resource on its M2 target area in the Black Mountains group of claims. 4.3 million tonnes at 0.45% copper are reported, being 19,000 tonnes of contained copper metal. This resource has been reported. Ankündigung • Dec 14
Great Western Mining Corporation PLC Announces the Discovery of a Substantial Area of Anomalous Gold in Soil Samples at Its M5 Prospect in the Jack Springs Claims Group in Mineral County, Nevada Great Western Mining Corporation PLC announced the discovery of a substantial area of anomalous gold in soil samples at its M5 prospect in the Jack Springs claims group in Mineral County, Nevada. The M5 prospect in the southeastern part of the Jack Springs claims group has previously been identified by the Company. It is a mafic intrusion in limestones and rhyolites, mineralisation being associated with veins within the alteration zone around the intrusion, and forms a prominent northeast trending ridge, standing proud of the surrounding tertiary lavas. Following the success of the first soil sampling grid at M5, reported on 10 July 2023, a follow up programme has now been completed, comprising 298 new soil samples collected at 30 m spacing along 50 m spaced lines. Of these samples, 158 graded above 10 ppb Au, 58 graded above 25 ppb Au and 11 graded above 50 ppb Au. There were three outliers over 100 ppb Au, including 246, 145, and 130 ppb Au. There is a particular cluster of higher-grade samples in the eastern window which is an area never previously visited or sampled. The programme has now identified a zone 1500 m long by 400 m wide containing several corridors of anomalous gold which is open as it reaches the edge of surrounding overlying tertiary lavas. Two disconnected areas of sampling, taken over small window zones in the tertiary cover, are also broadly anomalous, suggesting a more widespread sub-cropping zone. It is likely that the anomalous gold continues beneath the tertiary lavas and is not limited to the sampled zone. Both copper and silver are also anomalous at M5, with a similar distribution to gold. Grab sample results: Ten new selective grab samples were taken at M5 during the follow up soil sampling. These samples were taken from outcrops that were mineralised in appearance or otherwise of interest to the sampling geologist. One stand-out sample, taken from a small working which features a copper oxide bearing quartz vein (sampled once previously - see 10 July 2023 news release) returned 5.14 g/t Au, 1,246 g/t Ag and 0.32% Cu. This indicates that strongly mineralised structures occur at M5 and are a likely source of the soil anomalies. Two other samples with notably high-grade copper (5.16 % and 1.09 % Cu) occurred on the southeast facing flank of the ridge line. These samples feature sulphide stringers with chalcopyrite and abundant copper oxides. Remote sensing interpretation: Interpretation of ASTER multispectral satellite imagery shows a distinctive alteration signature over the M5 hill, which also occurs at the two windows through the tertiary cover referred to above, and at a third, as yet unsampled window 400 m farther to the northeast. The imagery also indicates that a larger area, the centre of which is around 1.8 km to the northeast of the M5 ridgeline, may too be prospective. Further soil sampling together with an IP survey is planned for 2024. All soil samples were submitted to Paragon Geochemical Laboratories, Reno, Nevada. Samples were screened to -80 mesh and analysed by method FSAU-25, aqua regia digest with ICP-MS finish for a 51-element suite. Quality control samples were inserted by the company and results reviewed prior to release. Grab samples were prepped and analysed at Bureau Veritas in Reno, Nevada, by methods FA430 (fire assay) for gold and AQ300 aqua regia digest with ICP-ES finish for a 33-element suite. Ankündigung • Aug 22
Great Western Mining Corp. plc Provides Update on Construction of Its Mill for Producing Precious Metals in Mineral County Nevada Great Western Mining Corp. plc provided the following update on construction of its mill for producing precious metals in Mineral County Nevada. Process equipment assembled adjacent to site and ready to install; Foundations laid and concreted with retaining walls erected; Water bore holes and water monitoring wells concreted and complete; Access roads and laydown area complete; Final concrete pour to meet environmental standards waiting on contractor; Assembly and testing of plant will follow final concrete pour; NDEP site visit for provisional inspection this week; NDEP approval likely to be delayed by at least two months; Project costs within budget; Great Western and Muletown Enterprizes LLC ('Muletown') are constructing a mill at Sodaville, close to Mina in Mineral County, Nevada, to produce gold and silver concentrates from spoil heaps left over from historic gold and silver mining operations on claims held by the Company, together with tailings, unprocessed stockpiles and in due course newly-mined shallow ore. When this plant is operational, it will transform Great Western from a pure mineral exploration company into combining exploration, appraisal and production. The interests of Great Western and Muletown are held through equal shares in a newly created vehicle, Western Milling LCC (Western). Great Western has fulfilled the terms of an earn-in to this venture and is a 50% interest holder in Western. The mill is being constructed on a naturally formed rock feature, adjacent to and within easy access of a major highway, which has been used for milling operations in the past. The mill site is on private land owned by Muletown which it is leasing it to Western for a nominal rent. Mains power is available and there is an abundant supply of water in the immediate area. The first phase of production is a simple gravity separation plant for which a production permit application was lodged with NDEP (Nevada Department of Environmental Protection) early this year. A planning permit for the mill has already been approved but production start-up is dependent on receiving NDEP consent. In a second phase, tailings will be processed through an encapsulated chemical leaching plant for further recovery of precious metals. As this second phase will be more environmentally sensitive than gravity separation, the joint venture aimed to speed up the application process by applying only for gravity separation in the first instance, with a view to achieving an earlier start-up date for first production. Once the gravity permit has been received, an application for chemical leaching will be filed with NDEP. In the meantime, the plant has been designed and is being built to cater for chemical leaching so that the second phase, when approved, can be brought on production with minimal delay and minimal additional cost. Under the joint venture arrangement, Muletown is not only providing the mill site at a nominal rent but also virtually all the equipment needed for the milling plant from its own extensive inventory, together with day-to-day supervision of plant construction and operations. The main items that have been provided by Muletown are a jaw crusher, a conveyor belt, a rod mill, hydrocyclones, spirals, generators, water tanks, a shaker table and a near-site laboratory, together with numerous smaller items. Some of the main items, such as the jaw crusher and the shaker table, are materially oversized and lend themselves to an expanded project in the future. At present there is no agreed date for the operation but it is a very high priority and will be carried out as soon as it can be arranged. When a production application was submitted to NDEP, the indicated turn-round estimate for receiving a permit was six months and finalisation was estimated to be this month. However, NDEP has recently advised that a heavy workload and staff shortages will delay this by at least two more months. The additional time will be well used to complete the project in the most effective manner. NDEP will be carrying out a provisional site inspection this week. Great Western Chairman Brian Hall commented: "Delays are always disappointing but in this case have been beyond the Company's control. All the ingredients are in this case have been beyond The state's control. All the world's most mining friendly jurisdictions. New Risk • Aug 06
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 53% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-€1.9m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (53% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€3.56m market cap, or US$3.92m). Board Change • Jun 28
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 12
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • Jun 08
Great Western Mining Corporation plc Provides an Update on Western Milling Gold and Silver Processing Project Great Western Mining Corporation PLC provided an update on its Western Milling gold and silver processing project. In 2022 Great Western formed Western Milling LLC, a 50-50 joint venture ('JV') with Nevada-based mining contractor Muletown Enterprizes to construct a mill for processing precious metals. Great Western's claims in the Walker Lane Trend of Nevada are not only prospective for gold and silver but also have large volumes of spoil and other material from historic mines, particularly at the Mineral Jackpot and Olympic Gold properties, which are available for processing into precious metals through this mill. The material consists of tailings, multiple spoil heaps and a stockpile of mined material which has never previously been processed, independently evaluated. Further material is widely dispersed over Great Western's 60km2 of claims and has yet to be assessed, while the JV may also buy in material from third parties. Phase one of the project consists of gravity separation and phase two will use contained chemical leaching for further recovery. The mill is currently under construction and is due to be producing gold and silver concentrates this year. Joint Venture Under the JV agreement, Muletown is providing a mill site on private land, a large inventory of plant and equipment and supervision of construction. Great Western is financing the construction and commissioning of the mill and has the funds available to meet this commitment. The mill site is located adjacent to a major north-south highway close to the settlement of Mina, Mineral County, Nevada, approximately midway between Great Western's Mineral Jackpot and Olympic gold properties. Mains power and water are available and there is ample space for the laydown of material awaiting process. Each partner has its own raw material available for processing which will be batch-processed and not commingled, except where the JV itself decides to buy in third party material and process it jointly. Board Change • May 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • May 19
Great Western Mining Corporation PLC, Annual General Meeting, Jun 13, 2023 Great Western Mining Corporation PLC, Annual General Meeting, Jun 13, 2023, at 09:00 Coordinated Universal Time. Location: Stephen's Green Club, 9 St. Stephen's Green Dublin, Dublin Ireland Board Change • Apr 14
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 13
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 21
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 19
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 30
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 26
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 01
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Director Andrew N. Hay was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
