Great Western Minerals Group, Ltd. announced unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported sales of CAD 7,154,019 compared to CAD 3,376,034 a year ago. Loss before income taxes was CAD 9,193,425 compared to CAD 2,860,096 a year ago.

Net loss from continuing operations was CAD 9,193,425 or CAD 0.022 per basic and diluted share compared to CAD 2,744,941 or CAD 0.006 per basic and diluted share a year ago. Net loss was CAD 9,161,921 or CAD 0.022 per basic and diluted share compared to CAD 2,970,527 or CAD 0.007 per basic and diluted share a year ago. Cash flows used in operating activities was CAD 3,251,867 compared to CAD 6,540,499 a year ago.

Property, plant and equipment was CAD 439,690 compared to CAD 1,467,740 a year ago. First quarter revenue increased 112% to CAD 7.2 million over the prior-year period on strong alloy sales as a result of enhanced capabilities. Company revenue was attributable to its production subsidiary Less Common Metals Limited (LCM)1.