Great Western Mining submits application to start Target 4 project

1st Sep 2014 12:31

Great Western Mining (GWM) has submitted an application to begin drilling on the Target 4 exploration project, which is located on National Forest System lands administered by the United States Forest Service (USFS). The exploration company said the full report of the biological survey carried out on the site is expected on 5 September. It has appointed Environscientists, a Nevada-based firm, to provide project management services, conduct baseline studies, and prepare a plan of operations for the project. Chief executive David Fraser said: "GWM and Environscientists have worked closely with the USFS on our Target 4 exploration project, which is the company's second major prospect in the Marietta District, Mineral County, Nevada. "Target 4 is approximately three miles from M2-Smith, where the company recently announced the completion of its Phase 2 drilling programme aimed at establishing a maiden JORC resource. "The company is planning a 9-12 hole discovery level drilling programme to test the thickness of the copper oxides and the character of the copper sulphides at Target 4. The company will update the market as soon as the permits have been received and with an estimate of when drilling will commence." Shares had risen 1.49% to 0.614p by 10:46. NR