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Untapped potential
For the uninitiated, the area of Nevada in which Great Western is operating has been prolific for gold and silver.
Its 14,900 acres-worth of concessions all lie within the Walker Lane trend, which has yielded significant discoveries such as Comstock Lode, Yerington, Pumpkin Hollow and Isabella Pearl.
Because of the mountainous terrain, there are large tracts of land under licence to the company that are unexplored that could be appraised using modern techniques.
Hall and the team have set themselves an exploration target of 500,000-1.5million gold equivalent ounces from multiple prospects.
Historic geological reports have identified seven lodes, prospective for gold and silver on Mineral Jackpot, where previous exploration work has uncovered grades of up to 95.6 grams per tonne of the yellow metal.
18 December 2020 | 08:56am
StockMarketWire.com - Mineral exploration and development company Great Western Mining said it remained on track to produce precious metals at its Mineral Jackpot Properties in Nevada, before the end of the year.
Bulk material from the Mineral Jackpot site was being processed through a gravity separation circuit and the pouring of first precious metal was on track to be achieved before year end, the comapny said.
The pilot magnetometer survey completed over the northern part of the site area had highlighted existing known structures together with potential new linking structures and extensions to the south-east, it added.