Great Western Mining (LSE:GWMO) is stepping up exploration activity at its Defender-Pine Crow tungsten project in Mineral County, Nevada, with the objective of delivering a maiden mineral resource estimate by the fourth quarter of 2026. The expanded programme follows encouraging recent assay results and is fully funded after a capital raise completed in January. Exploration will focus on evaluating a three-kilometre mineralised corridor connecting the Defender prospect with the existing M2 copper resource through a combination of geological mapping, geophysical surveys and drilling.
Field activities are scheduled to begin in March with detailed geological and geophysical work, ahead of drill pad construction planned for April and drilling expected to commence in June 2026. Management believes Defender could represent a large-scale tungsten opportunity within a relatively underexplored polymetallic district. The company intends to use forthcoming assay results and progress toward resource definition as catalysts for broader portfolio value, supported by investor engagement initiatives including an updated corporate presentation and live briefing.
The company’s outlook continues to be weighed down by financial fundamentals, including the absence of revenue, ongoing losses and steady cash outflows, although leverage remains low. Technical indicators appear more supportive, with the share price trading above key moving averages and showing moderately positive momentum. Valuation remains limited by negative earnings and the lack of dividend support.
More about Great Western Mining
Great Western Mining Corporation is a diversified exploration and development company focused on strategic mineral projects across multiple wholly owned claim groups in Mineral County, Nevada. Its portfolio includes copper, gold, silver and early-stage tungsten assets, highlighted by the Huntoon Copper Project and other projects aligned with growing U.S. critical minerals priorities.
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