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Great Western Mining ( (GB:GWMO) ) has shared an update.
Great Western Mining Corporation has successfully raised £1.25 million through a share placing to fund its summer exploration program in Nevada. The company plans to conduct drilling and geophysical surveys at its West Huntoon copper porphyry and Rhyolite Dome gold prospects, while also focusing on tungsten exploration and managing its claims portfolio. The funds will support efforts to secure industry partners for the development of its copper projects, which are considered to have significant potential value given copper’s designation as a critical mineral in the USA.
More about Great Western Mining
Great Western Mining Corporation PLC is engaged in the exploration of precious and critical mineral prospects, primarily focusing on copper and gold, in the Walker Lane Trend of Nevada, USA. The company aims to enhance the value of its portfolio by exploring and developing these mineral resources, with a strategic focus on securing partnerships with larger mining companies.
Average Trading Volume: 264,333
Technical Sentiment Signal: Sell
Current Market Cap: £808.9K
For an in-depth examination of GWMO stock, go to TipRanks’ Stock Analysis page.