Great Western Minerals Gains Prospecting Rights At Steenkampskraal

Rare Earth Investing

Great Western Minerals Group Ltd. (TSXV:GWG) reported that an outstanding application for the Steenkampskraal monazite mine prostecting rights has been successfully appealed.

Great Western Minerals Group Ltd. (TSXV:GWG) reported that an outstanding application for the Steenkampskraal monazite mine prostecting rights has been successfully appealed.

As quoted in the press release:

As noted in a February 7, 2012 media release, GWMG had made application, through its 74% owned subsidiary, Steenkampskraal Monazite Mine (Pty) Ltd., for prospecting rights for approximately 547 square kilometers surrounding the Steenkampskraal site. The Company was, and remains, of the opinion that a number of known monazite outcroppings outside the Steenkampskraal mine site area warrant exploration work in addition to the strong exploration results already reported at the mine site.

Great Western Minearals Group President and Chief Executive Officer Jim Engdahl commented:

Our success in this appeal process is a critical win for the Company as it enables us to extend the Steenkampskraal exploration program past the current boundaries and into the surrounding region. From a long term perspective, for Steenkampskraal and for GWMG, this represents a very important step forward.

Click here to read the full press release.

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