Gold & Silver Production

Key Facts

  • Great Western has two principal mine waste reprocessing opportunities within its claims; Mineral Jackpot and Olympic Gold.
  • Western Milling LLC created in September 2022. Western Milling will produce precious metals from tailings, spoil heaps, stockpiles of pre-mined material and shallow ore. At a second stage, Western Milling will acquire material for processing from third parties, as no similar facility exists at present in the area.
  • In November 2022 Great Western announced the results of an independent initial Mineral Resource Estimate for the Olympic Gold Tailings project as well as Exploration Targets for stockpile and spoil material at the Olympic Gold Project and Mineral Jackpot Project. All resources and exploration targets are reported in accordance with the JORC code (2012). The announcement can be viewed here.
  • In February 2023 Great Western announced surface work had started for the mill construction. The announcement can be viewed here.
  • In June 2023 Great Western announced a detailed update for the gold & silver production project. The announcement can be viewed here. A further update was announced in August 2023. The announcement can be viewed here.

Locations

Mineral Jackpot

At Mineral Jackpot, Great Western has over 50 spoil heaps left from five adjacent and connected historical mines which produced gold and silver in the late nineteenth/early twentieth century.

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Olympic Gold

At Olympic Gold, three sources of waste material have been identified for reprocessing, close to the high-yielding OMCO gold mine where operations ceased during the Second World War:

  • Tailings
  • A stockpile of mined material never previously processed
  • Substantial spoil heaps
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