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Great Western Mining Corporation PLC

Transaction in Own Shares Jan 30, 2013

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National Storage Mechanism | Additional information

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RNS Number : 6427W

Great Western Mining Corp. plc

30 January 2013

30 January 2013

Great Western Mining Corporation PLC

("Great Western Mining" or the "Company")

Drilling Permit Received

Great Western Mining, the AIM and ESM quoted mineral exploration company with 73 sq. kilometres of mineral claims in south-west Nevada, announces that having applied to commence drilling operations at Target M2 ("M2"), a plan of operation to drill has now been accepted by the Bureau of Land Management in Nevada.

The Company has contracted Montana based O'Keefe Drilling and expects operations to commence shortly.

A planning application for Target 4 has also been submitted to the relevant authority with a view to drilling once approved.

Target M2

The potential of M2 had always been recognised by the Company but relative inaccessibility and difficulty of the terrain close to site has previously rendered drilling operations impractical. In late 2012, however, Great Western Mining uncovered an abandoned county road which has yielded easier access with minimal upgrading expenditure. This has enabled the Company to prioritise the drilling of M2 in short order.

Emmett O'Connell, Executive Chairman, commented:

"The Board is delighted to be in the position to begin drilling and to test this portion of the Company's land claims in the historically prolific Walker Lane Trend of Nevada. We have long considered M2 to be of great interest but the access we have established now makes it our prime target for drilling, over and above Target 4, which was previously prioritised by the Company for ease of access, and we enthusiastically look forward to commencing our first drilling operations there. We will report back to shareholders when we have completed the drill programme and when we receive results."

Enquiries:

Great Western Mining Corporation Plc

Emmett O'Connell, Chairman        

Melvyn Quiller, Chief Executive
+353 87 798 8839

+44 771 289 9588
[email protected]
Shore Capital (Nomad & UK Broker)

Bidhi Bhoma / Toby Gibbs (Corporate Finance)

Jerry Keen (Corporate Broking)
+44 207 408 4090 [email protected]

[email protected]
Davy (ESM Adviser & Irish Broker)

John Frain (Corporate Finance)

Roland French (Corporate Finance)
+353 1 614 8761 [email protected]

[email protected]
Cubitt Consulting (Financial PR)

Nicholas Nelson

Guy McDougall

Cebuan Bliss
+44 207 367 5150 [email protected]
Gordon MRM (Irish PR)

Brendan McGrath
+353  1 665 0453

+353 87 937 0266
[email protected]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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