Great Western Mining Corp PLC said the results of recent spoil heap material sampling at the Mineral Jackpot claim in Nevada were ‘highly encouraging’.
Several high-grade gold and silver veins had been worked at surface and underground in historic mining activity, resulting in a substantial quantity of waste material remaining at surface around these workings in the form of spoil heaps.
Initial assay results from 51 heaps indicated median average grades of 1.57 grammes a tonne (g/t) gold and 327 g/t silver.
"These Mineral Jackpot results are highly encouraging, indicating a broad distribution of mineralised material throughout the spoil heaps, with locally some very high grades of both gold and silver,” said chairman Brian Hall.
“We are now in a position to prioritise the largest and richest spoil heaps for use in the next phase of commercialising this significant asset."