Metals & Minerals News

Power Metal stakes additional claims at Garfield

Power Metal Resources plc has staked eight further claims after identifying new copper anomalies at the Garfield copper property in the Walker Lane mineral belt in Nevada, USA.

Analysis: Power Metal says that there is potential for an increase in copper mineralisation at Garfield (Pixabay- generic)

ADDITIONAL CLAIMS

Analysis of recent satellite imagery of Advanced Spaceborne Thermal Emission and Reflection Radiometer (ASTER) and European Space Agency Sentinel-2 datasets identified two strong anomalies prospective for copper mineralisation.

The new anomalies, A and B, are located more than 1km and 1.5km from the main Garfield showings and expand the potential for copper mineralisation.

Historic rock sampling near the anomalies have returned up to 2.6% copper, and 5.53% respectively.

Power Metal has staked the additional claims to cover the identified anomalies, increasing the total number from three to eleven, and is reviewing other identified strong anomalies.

The company acquired Garfield in June 2021 from Sunrise Resources plc.

OWNERSHIP

Power Metal’s wholly owned UK subsidiary Golden Metal Resources Ltd holds a 100% interest in the Garfield Property through its wholly owned Nevada operating company, Golden Metal Resources LLC.

Golden Metal UK is currently seeking a listing on the London markets.