Great Western Mining (GB:GWMO) has released an update.
Great Western Mining Corporation PLC has announced a £500,000 fundraising through the issuance of new ordinary shares to finance their mining operations, including transporting materials, exploring for gold and silver, and general corporate purposes. The proceeds will support their active mining programs in Nevada, particularly in the promising Walker Lane trend, where they have established a significant copper porphyry and have several precious metal prospects. The company is set to commence production of metal concentrates following a joint venture and is planning exploration at multiple promising sites.
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