For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260302:nRSB8041Ua&default-theme=true
RNS Number : 8041U Great Western Mining Corp. plc 02 March 2026
Great Western Mining Corporation PLC / AIM: GWMO / Euronext Growth: 8GW
2 March 2026
GREAT WESTERN MINING CORPORATION PLC
("Great Western", "GWM" or the "Company")
Tungsten Exploration Programme Planning & Live Investor Presentation
Accelerating the Defender Tungsten Project in Nevada Towards a Maiden MRE
Great Western Mining Corporation PLC, a strategic minerals exploration and
development company, is pleased to update investors on its upcoming
exploration plans at the Defender-Pine Crow Tungsten Project ("Defender" or
the "Project") in Mineral County, Nevada USA. This follows the receipt of
highly encouraging assay results at Defender announced in January 2026.
Highlights
· Accelerating exploration activity with the objective of defining a
maiden Mineral Resource Estimate ("MRE") in Q4 2026.
· Assessing a 3 km long mineralised trend between Defender and the
Company's existing MRE at M2, as shown in Figure 1 below, 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 Q2.
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 our confidence
that we are operating within a highly prospective polymetallic district.
"We have designed the upcoming exploration programme to accelerate progress
toward a maiden MRE, which we see as a key catalyst in unlocking value at
Defender and across our broader portfolio. Importantly, Defender appears to
represent the far eastern extension of a mineralised trend that includes our
M2 resource, located more than 3 km to the southwest, highlighting the
potential continuity and district-scale opportunity.
"This is clearly an underexplored area with substantial upside and we are
eager to commence systematic work to define the full scale of the mineralised
system."
DETAILS
Background
The Defender and Pine Crow tungsten skarns are located approximately 3 km
northeast of and on trend with the Company's M2 skarn copper resource.
Historic production of tungsten from these skarns dates back to a short spell
of extraction towards the end of the Second World War.
Following earlier positive field mapping and grab sampling, in December 2025
the Company undertook a machine-cut channel sampling programme at Defender.
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 (see RNS dated 29 January 2026). 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 Q4 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 than 3 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 at M2, as shown in Figure 1. 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. In parallel, additional assay results from newly
completed channel cuts are expected in Q2 2026 and will be incorporated into
the exploration model.
Figure 1: Mineralised trend between Defender and M2 MRE, together with results
from the December 2025 machine-cut channel sampling programme (inset).
Figure 2: Nevada state map showing Mineral County Figure 3: Mineral County, Nevada
and regional geology
Corporate Presentation & Live Investor Call
The Company is pleased to announce that an updated corporate presentation has
been published on its website: www.greatwesternmining.com.
In addition, Ed Loye, CEO, and Brian Hall, Executive Chairman, will provide a
live presentation via Investor Meet Company on 9 March 2026 at 11.00 GMT.
The presentation is open to all existing and potential shareholders. Questions
can be submitted pre-event via your Investor Meet Company dashboard up until
09.00 GMT on 8 March 2026, or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet Great
Western via:
https://www.investormeetcompany.com/great-western-mining-corporation-plc/register-investor
(https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.investormeetcompany.com%2Fgreat-western-mining-corporation-plc%2Fregister-investor&data=05%7C02%7CSusie%40stbridespartners.co.uk%7C180992daf8324072d57c08de761c23f9%7C48b7268319d344289c4b73cf144d89ed%7C0%7C0%7C639078060432431283%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=cGCeUbQ0nySCNLbJjKhc1iE3TMumxa2v8c%2F4Ar8cu%2Fo%3D&reserved=0)
Investors who already follow Great Western on the Investor Meet Company
platform will automatically be invited.
ENDS
For further information visit www.greatwesternmining.com or contact:
Great Western Mining Corporation PLC
Brian Hall, Chairman c/o St Brides
Max Williams, Finance Director greatwesternmining@stbridespartners.co.uk
Davy
Nominated Adviser, Euronext Growth Adviser & Joint Broker
Brian Garrahy +353 (0)1 679 6363
Shard Capital Partners
Joint Broker
Andrew Gutmann / Erik Woolgar +44 (0)20 7186 9008
St Brides Partners
Financial PR
Susie Geliher / Isabel de Salis / Will Turner greatwesternmining@stbridespartners.co.uk
Notes
Great Western Mining Corporation PLC (AIM: GWMO / Euronext Growth: 8GW) is a
diversified exploration and development company focused on strategic minerals
across several 100%-owned claim groups in Mineral County, Nevada, one of the
world's most prolific and mining-friendly jurisdictions. Backed by an
experienced team, the Company is pursuing a multi-commodity strategy targeting
near-term development and longer-term exploration while assessing farm-out and
joint venture opportunities to unlock broader portfolio value. As well as its
flagship Huntoon Copper Project, which hosts a JORC-compliant resource of 4.3
Mt at 0.45% Cu, with upside from undrilled porphyry targets, it has a pipeline
of gold, silver, and early-stage tungsten assets aligned with US critical
minerals priorities.
Forward‑Looking Statements
This announcement contains forward‑looking statements relating to the plans,
activities and expectations of Great Western Mining Corporation PLC. Such
statements include, but are not limited to, those concerning planned
exploration programmes, anticipated timelines and potential mineral resource
outcomes. Forward‑looking statements are typically identified by words such
as "plan", "expect", "anticipate", "intend", "may", "could", "potential" or
similar expressions.
These statements are based on current expectations and assumptions and involve
risks and uncertainties that could cause actual results to differ materially.
Factors include geological risk, exploration and drilling results, permitting
and regulatory approvals, funding availability, operational challenges,
commodity price movements and general market conditions. No assurance can be
given that any forward‑looking statements will prove to be accurate, and
shareholders are cautioned not to place undue reliance on them.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DRLEAPAXAEPKEFA
Copyright 2019 Regulatory News Service, all rights reserved