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Edge11 Sep 2026
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Great Western Mining
Great Western Mining (GWMO) investor relations material
Great Western Mining H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary25 Sep, 2026
Executive summary
Shifted strategic focus to tungsten, advancing the Defender-Pine Crow corridor with extensive fieldwork and sampling.
Completed geological mapping, gravity surveys, and channel sampling at historic mines to guide 2026 drilling.
Appointed Ed Loye as CEO, with Brian Hall stepping back to non-executive Chairman.
Signed option agreement with KGHM Polska Miedz S.A. for Eastside-Tango copper project, securing long-term royalty potential.
Admitted to OTCQB market, expanding access for US investors.
Financial highlights
Loss for H1 2026 was €2.63 million, up from €0.49 million in H1 2025, mainly due to a €1.86 million revaluation loss on share warrant provision.
Cash and cash equivalents at 30 June 2026 were €2.77 million, up from €0.07 million at 31 December 2025.
Net assets increased to €9.51 million from €8.60 million at year-end 2025.
Raised £3.25 million gross via share placing in February 2026, with additional funding from warrant exercises.
Outlook and guidance
Fully funded for planned 2026 exploration and maiden Mineral Resource Estimate (MRE) programme.
Focus on assay results from 23-hole Defender drilling and delivery of maiden MRE in coming months.
Cleaner circuit metallurgical test work to optimize concentrate quality for market specifications.
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Latest events from Great Western Mining
- Nevada-focused tungsten and copper assets advance amid surging prices and US supply priorities.GWMO
Corporate presentation - Sharpened focus on tungsten, improved loss, and major fundraising set up 2026 exploration.GWMOH2 2025
- Fieldwork and drilling at Defender-Pine Crow will ramp up amid strong tungsten prices and site advantages.GWMOFireside chat
- Trial gold and silver production and a promising copper porphyry drive optimism for growth.GWMOFireside chat
- Multiple copper prospects in Nevada show strong expansion and discovery potential.GWMO121 Mining Investment Forum presentation
- Pooling agreement with Bronco Creek advances copper exploration and resource targets at East Side Mine.GWMOInvestor update
- Multi-metal Nevada portfolio advances copper, gold, silver, and tungsten with near-term catalysts.GWMOCorporate presentation
- Loss widened to €1.74 million as focus shifts to copper, gold, and tungsten exploration in Nevada.GWMOH2 2024
- Accelerated tungsten exploration targets maiden resource estimate by Q4 2026, fully funded.GWMOInvestor update
Great Western Mining
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@theshortbearx.com
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