Great Western Mining (LSE:GWMO) has appointed Major Drilling America to undertake a reverse circulation drilling programme at its wholly owned Defender-Pine Crow tungsten project in Mineral County, Nevada. The contract marks a key step in the company’s plan to establish a tungsten resource alongside its existing portfolio of copper, gold, and silver assets.
The campaign will cover approximately 7,000 feet of drilling and is scheduled to begin in July, following preparatory groundworks in May. The programme is designed to support a maiden mineral resource estimate for Defender-Pine Crow, which the company is targeting for completion by late 2026. In addition, drilling will assess the extent and continuity of mineralisation across the Defender and Pine Crow zones, as well as the nearby M2 trend, potentially increasing the project’s overall scale and strategic value.
Company management noted that the drilling forms part of a wider exploration effort that includes geological mapping, geophysical surveys, and additional channel sampling. These parallel initiatives aim to improve understanding of the broader mineralised system and strengthen the company’s positioning within the critical minerals space as the tungsten opportunity develops.
Despite operational progress, the company’s financial profile remains a limiting factor, characterised by a lack of revenue, ongoing losses, and steady cash burn, albeit with relatively low debt levels. From a market standpoint, technical indicators are somewhat encouraging, with the share price holding above key averages and showing modest upward momentum. However, valuation remains difficult to justify due to negative earnings and the absence of dividend yield data.
More about Great Western Mining
Great Western Mining Corporation is an exploration and development company focused on strategic mineral assets across several fully owned claim groups in Mineral County, Nevada, a mining-friendly region in the United States. While maintaining exposure to copper, gold, and silver through projects such as Huntoon and tailings reprocessing initiatives, the company is increasingly prioritising tungsten as a critical mineral within its growth strategy.
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