- Great Western Mining Corporation (CDI)
- 14 August 2025 14:26:24
Source: Sharecast
Executive chairman Brian Hall told the company’s AGM that drilling this summer at the Huntoon Copper Project was targeting a potential large-scale porphyry system at West Huntoon, building on an existing JORC resource of 4.3 million tonnes at 0.45% copper at the M2 prospect.
Preparations were also underway for a maiden drill programme at Rhyolite Dome, part of the Olympic Gold Project, which lies at the intersection of two major gold trends and shows geological indicators for a significant discovery.
Early-stage tungsten prospects at Pine Crowe and Defender had returned promising grab samples, with current soil sampling over a 1,200-metre trend linking the two sites.
With tungsten designated a critical mineral in the US, the company said these projects offer strategic optionality aligned with domestic supply chain priorities.
Hall added that construction of the Western Milling gold and silver processing facility was virtually complete, with permits secured.
The joint venture was seeking third-party funding to bring in a specialist commissioning team and upscale the plant for commercial production, targeting near-term, non-dilutive revenue.
He said the company remained focused on a balanced strategy combining near-term development with longer-term exploration potential, while pursuing farm-outs and joint ventures to unlock value across its Nevada assets.
At 1334 BST, shares in Great Western Mioning were up 7.79% at 1.02p.
Reporting by Josh White for Sharecast.com.
