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Great Western Mining ( (GB:GWMO) ) has issued an update.
Great Western Mining Corporation PLC has announced the completion of state inspections at its Western Milling project in Nevada, clearing the way for the start of pilot production. While minor health and safety upgrades are required, the inspections did not reveal any major issues, enabling the company to progress towards maximizing precious metal recovery. This development positions the company to proceed with production phases that could enhance its market presence in the mining sector.
More about Great Western Mining
Great Western Mining Corporation PLC is involved in exploring and developing gold, silver, and copper targets in the Walker Lane belt of Nevada, USA. The company holds a significant tract of land in Mineral County, Nevada, which is known for its mining-friendly regulations. Great Western focuses on both short-term gold and silver deposits and long-term copper deposits, with operations including the Western Milling joint venture for secondary recovery of precious metals.
YTD Price Performance: 5.56%
Average Trading Volume: 57,435,820
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.04M
For an in-depth examination of GWMO stock, go to TipRanks’ Stock Analysis page.
