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Great Western Mining Corp Plc

Great Western Mining Corporation PLC explores and develops mineral properties in the United States. Its primary targets are tungsten, copper, silver, gold, and other mineral deposits. Incorporated in 2004, the company is headquartered in Dublin, Ireland.

Price · split & dividend adjusted
News & notes moving GWMO.LSE
GWMO.LSE

Great Western Mining Reports 92.98% Tungsten Recovery from Defender Bulk Sample

Great Western Mining Corporation PLC announced highly encouraging initial metallurgical results from bench-scale flotation test work on run-of-mine material from its Defender Tungsten Project in Nevada, USA. Testing recovered 92.98% of the tungsten from pre-treated material into a rougher concentrate grading 7.21% WO3, compared with a starting bulk sample grade of 0.35% WO3. The work was carried out by Eriez Flotation Division of Pennsylvania on a 750 kg representative bulk sample collected across approximately 1 km of strike between the Defender Mine in the east and the Dough God and Pine Crow mines in the west. An initial sulphide flotation stage removed sulphide contaminants into a float stream representing just 3.97% of total mass while retaining 99.46% of the tungsten, after which the primary recovery stage pulled only 4.55% of total mass while recovering 92.98% of the remaining tungsten. CEO Ed Loye called the results an excellent early milestone, noting very low levels of deleterious elements such as molybdenum, and said the clean, low-volume rougher concentrate will serve as feed for cleaner circuit optimisation tests aimed at reaching potential marketable product specifications.
ACCESS Newswire·3dRead more →
Energy Transition & Power Demand

Foresight Solar Fund Upgrades Nine UK Solar Farms

Foresight Solar Fund Ltd is upgrading nine UK solar farms in a move that could add £2.5 million a year in revenue. New panels and inverters should boost generation by up to 14 gigawatt hours annually. Seraphim Space Investment Trust has put $30 million into satellite connectivity firm Hubble Network, its first new investment since its big C Share fundraising, and it has already triggered a partial share conversion. Georgina Energy PLC is still on track to spud its Hussar prospect in September, with the water well now up and running and pumping out hundreds of thousands of litres a day for drilling. Great Western Mining Corporation has kicked off drilling at its Defender Tungsten Project in Nevada, aiming for a maiden resource estimate by the end of the year. Sabien Technology Group has scrapped its planned financing deal, meaning a £2 million loan note won't go ahead, though it is still chasing a UK distribution deal for its boiler optimisation tech.
Yahoo Finance·31dRead more →