Great Western Mining Corp Plc

Great Western Mining Corporation PLC has appointed John Arthur as Chief Financial Officer with immediate effect, while Max Williams, Finance Director since November 2019, is retiring from the Board but will remain as Company Secretary. Mr. Arthur is an accountant with over 20 years of experience across finance disciplines, having previously held CFO roles at AIM-quoted IOG plc and UK Main Market-listed Aminex PLC, and earlier spent eight years at Seven Energy, a private equity-backed Nigerian oil and gas company. He is a Fellow of the Association of Chartered Certified Accountants and holds a BSc (Hons) in Applied Economics and Accounting from the University of Plymouth. Chairman Brian Hall thanked Mr. Williams for his contribution over the past seven years and said Mr. Arthur's experience of financing transactions will be particularly valuable as the company advances the Defender Tungsten Project in Nevada towards a maiden Mineral Resource Estimate. Great Western Mining is an exploration and development company focused on strategic minerals across several 100%-owned claim groups in Mineral County, Nevada, and also holds the Huntoon Copper Project, which hosts a JORC-compliant resource of 4.3 Mt at 0.45% Cu.

Great Western Mining Corporation PLC announced highly encouraging initial metallurgical results from bench-scale flotation test work on run-of-mine material from its Defender Tungsten Project in Nevada, USA. Testing recovered 92.98% of the tungsten from pre-treated material into a rougher concentrate grading 7.21% WO3, compared with a starting bulk sample grade of 0.35% WO3. The work was carried out by Eriez Flotation Division of Pennsylvania on a 750 kg representative bulk sample collected across approximately 1 km of strike between the Defender Mine in the east and the Dough God and Pine Crow mines in the west. An initial sulphide flotation stage removed sulphide contaminants into a float stream representing just 3.97% of total mass while retaining 99.46% of the tungsten, after which the primary recovery stage pulled only 4.55% of total mass while recovering 92.98% of the remaining tungsten. CEO Ed Loye called the results an excellent early milestone, noting very low levels of deleterious elements such as molybdenum, and said the clean, low-volume rougher concentrate will serve as feed for cleaner circuit optimisation tests aimed at reaching potential marketable product specifications.

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