Guardian Metal Resources plc is finalising drilling holes after geophysics surveys highlighted more anomalies at the Pilot Mountain tungsten and Garfield copper projects in Nevada, USA. APPLICATIONS Ground magnetic and high-resolution induced polarisation surveys at Pilot delineated a magnetic anomaly, approximately 1 km x 1 km, at the Porphyry West target which remains open to the […]
Tag: Garfield – copper-gold – Walker Lake – Nevada
Guardian completes £2m strategic financing
Guardian Metal Resources plc has completed a strategic financing of £2,154,074.58 (US$2.75m) via a direct subscription. The company issued 7,978,054 new ordinary shares of 1.0p each, representing 6.7% of its enlarged issued share capital, at 27p per share. The subscribers will receive one warrant with every two subscription shares, totalling 3,989,027 new warrants, with an exercise […]
Golden Metal expands Garfield amid ‘exploration rush’
Golden Metal Resources plc has expanded its Garfield project in Nevada to investigate further a possible buried copper porphyry system. HISTORICAL The company staked an additional 44 claims over 3.68km2 (900 acres) which cover additional copper anomalies and take the overall project to 9.18km2 (2,268 acres). The expansion follows the company’s confirmation earlier this month of […]
Golden Metal confirms new Garfield anomalies
Golden Metal Resources plc said it had confirmed two “highly prospective” buried magnetic anomalies at its Garfield copper project in Nevada, USA. SIZE The findings are from the inversion modelling of the magnetic geophysics survey data and follow last month‘s identification of potential porphyry targets. The first is at High-Grade zone, where two “discrete magnetic […]
Golden Metal detects large magnetic anomalies at Garfield
Golden Metal Resources plc has detected three magnetic high anomalies close to surface mineralisation at Garfield in Nevada. 3D MODEL A completed ground magnetic geophysics survey identified the “significant” anomalies coincident with the project’s Power Line and High-Grade zones target areas. The findings follow previous rock and soil sampling fieldwork confirming porphyry and epithermal style […]
Golden Metal outlines gold-silver-copper discovery
Golden Metal Resources plc has outlined a fresh high grade gold, silver and copper bedrock discovery on new claims at the Garfield project within the Walker Lane mineral belt in Nevada. PAMLICO The additional 26 claims, named the Pamlico gold zone, lie predominantly southeast and northeast of the High Grade zone, considered the “most compelling” target area […]