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Western Milling Update

In brief · summary, not quotable

Nevada state inspections of Western Milling joint venture completed; minor health and safety upgrades required before pilot production.

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Great Western Mining Corporation PLC (AIM - GWMO, Euronext Growth - 8GW), which is exploring and developing gold, silver and copper targets in the Walker Lane belt of Nevada, USA, provides an update on its Western Milling joint venture.

HIGHLIGHTS

  • State of Nevada inspection of project now completed
  • Minor upgrades required prior to first production
  • State Environmental inspection of mill and remote site now completed

Great Western Chairman Brian Hall commented: "The completion of the State Mine Inspector's visit is a significant step in the preparation of processing operations at the Western Milling site. Some minor issues need to be addressed before start-up of pilot production through gravity separation, primarily to meet stringent health and safety regulations and timing of which is now in the hands of our joint venture partner. We have created an impressive milling operation, although dogged by irritating delays. We will notify shareholders when pilot production has commenced and we will now start planning the next phases of production to maximise precious metals recovery, involving flotation recovery and vat-contained leaching."

UPDATE

On 16 January the Nevada State Inspector of Mines made a scheduled visit to the Western Milling project in Mineral County, Nevada. A director of Great Western was present throughout the visit. The purpose of this thorough inspection by the State of Nevada was to ensure that all state mining regulations, which are similar to federal mining regulations, had been fully complied with by the joint venture, so that a post start-up inspection by the federal Mining Safety & Health Authority (MSHA) would not result in penalties and consequent production delays.

No significant issues emerged from the inspection. However, there are a number of minor issues, primarily health and safety items, which must be addressed prior to first production and these will be handled as soon as Western Milling's operating partner has personnel available on site.

On 22 January, two representatives of NDEP (Nevada Division of Environmental Protection) made a scheduled visit to the mill site. NDEP has already granted the joint venture the required environmental permit for production of concentrates and precious metals by gravity separation and this visit was for verification prior to start-up. No issues have arisen from this visit. Western Milling is required to fulfil ongoing environmental reporting obligations during production in order to maintain its permit and these will be rigorously observed.

The NDEP representatives also visited the OMCO Mine site at Great Western's Olympic Gold Project to inspect and verify tailings heaps and coarse stockpiles of pre-mined material. No issues arose from this visit.

Trial production can start as soon as the issues identified by the State Mine Inspector have been addressed and remedied.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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