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Great Western Mining ( (GB:GWMO) ) just unveiled an announcement.
Great Western Mining Corporation PLC reported a loss of €1,741,056 for the year ended December 31, 2024, due to an impairment provision for relinquished claims. The company has strengthened its portfolio by staking new tungsten claims and forming a pooling agreement for copper development. It has also completed the construction of a joint venture mill and raised £1,250,000 in new capital to fund various exploration programs. The company is optimistic about its prospects, with plans to commence drilling programs for copper and gold in the summer of 2025.
More about Great Western Mining
Great Western Mining Corporation PLC is involved in the exploration, appraisal, and development of mineral resources, focusing on gold, silver, copper, and tungsten targets in Nevada, USA. The company is in the exploration phase and currently does not generate any revenue.
Average Trading Volume: 831,674
Technical Sentiment Signal: Sell
Current Market Cap: £1.73M
For detailed information about GWMO stock, go to TipRanks’ Stock Analysis page.