Guardian Metal Resources plc confirmed extended “high grade gold mineralisation” from trenching results at Golconda Summit in the Walker Lane mineral belt, northern Nevada, USA. ZONES The November 2024 sampling totalled 527 metres across 10 trenches in the ‘Trench’ and ‘Thrust’ zones. The programme’s objective was to confirm high-grade structures identified by previous operators and test […]
Tag: Golconda Summit gold – Nevada – US
Guardian issues 233,823 warrant shares
Guardian Metal Resources plc has issued 233,823 new ordinary shares of 1 pence each following an exercise of warrants at 17p per warrant share for a total £39,749.91. Following admission, the company’s issued share capital will comprise 125,340,814 ordinary shares of 1p each, equal to the number of voting rights. Guardian’s tungsten, industrial garnet, gold, copper […]
Power Metal owns 43.2% of Guardian voting rights
Power Metal Resources plc reported holding 43.2% of voting rights in Nevada-focused Guardian Metal Resources plc. ASSETS A TR-1 standard form for notification of major holdings showed that the threshold was crossed on 9 January 2025. Power Metal now holds 53,998,159 voting rights having previously held none. Under its original name of Golden Metal, Guardian […]
Golden Metal identifies Carlin-type gold systems
Golden Metal Resources plc has identified Carlin-type* gold systems from rock sampling at the Golconda Summit project in the Walker Lane mineral belt, northern Nevada, USA. DEPTH The company aims to be the first to drill test fully the “multiple” prospective Lower Plate rocks below the project licence area. These include the Antler Peak limestone, Edna Mountain and Preble […]
Power Metal notes Golconda anomalous mineralisation
Power Metal Resources plc noted identification of three zones of strongly anomalous arsenic and gold mineralisation at the Golconda Summit property in Nevada, USA. PRIORITY The company’s 83.13% owned subsidiary Golden Metal Resources plc made the discovery from historical dataset of a high-resolution geochemical soil survey covering the whole project. Rock sample assays results from […]
Power Metal adds Nevada gold project to US portfolio
Power Metal Resources plc announced it had signed an earn-in agreement for a new gold property in the United States. The miner’s new wholly-owned subsidiary Golden Metal Resources Ltd signed an agreement to take out an option to acquire up to 100% of the Golconda Summit gold property in central Nevada, USA. Power Metal’s other […]