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Great Western Mining ( (GB:GWMO) ) just unveiled an announcement.
Great Western Mining has initiated metallurgical flotation test work on a 750 kg bulk sample from its Defender – Pine Crow tungsten project in Mineral County, Nevada, appointing Eriez Global of Pennsylvania to run a proof of concept programme. The work targets scheelite bearing skarn mineralisation using a proven flowsheet to generate high grade tungsten concentrate and validate processing potential for a U.S. based tungsten supply opportunity.
Assay results due in the third quarter of 2026 are expected to feed into a maiden mineral resource estimate planned for late 2026, underpinning an expanded, fully funded exploration programme at Defender – Pine Crow. Alongside geophysics, mapping and trenching, a drill campaign scheduled to start in July 2026 is designed to test the scale and continuity of the system and its relationship with the nearby M2 copper skarn trend, potentially enhancing the project’s strategic value.
Spark’s Take on GWMO Stock
According to Spark, TipRanks’ AI Analyst, GWMO is a Neutral.
The score is primarily held down by weak financial performance—no revenue, recurring losses, and consistent cash burn—despite low reported leverage. Technicals are comparatively supportive with the price trading above major moving averages and moderately positive momentum, but valuation is constrained by a negative P/E and no dividend yield data.
To see Spark’s full report on GWMO stock, click here.
More about Great Western Mining
Great Western Mining Corporation is an exploration and development company focused on strategic minerals across several wholly owned claim groups in Mineral County, Nevada, a mining friendly U.S. jurisdiction. The group is increasing its emphasis on tungsten as a critical mineral, while also advancing its Huntoon copper project and maintaining exposure to gold and silver through exploration and tailings reprocessing opportunities.
Average Trading Volume: 10,497,981
Technical Sentiment Signal: Hold
Current Market Cap: £12.97M
For an in-depth examination of GWMO stock, go to TipRanks’ Overview page.