Golden Metal Resources plc plans to supply Oxford Sigma Ltd with tungsten from the company’s Pilot Mountain in Nevada in the USA for nuclear fusion technology. COLLABORATION A non-binding memorandum of understanding will see the two companies explore and develop critical metal supply for tungsten alloy and tungsten containing materials for the fusion industry. Tungsten, with […]
Tag: Golden Metal Resources plc
Golden Metal engages Allan Moran as modelling geologist
Golden Metal Resources plc has engaged modelling geologist Allan V. Moran to advance the company’s Pilot Mountain tungsten project in Nevada, USA. Mr Moran will model existing tungsten-copper-silver-zinc mineralisation at the site, focusing on the Desert Scheelite zone which hosts the majority of the in-ground resource at Pilot Mountain. He will plan resource infill as well as […]
Golden Metal adds lithium brines to portfolio
Golden Metal Resources plc has expanded its footprint by staking claims over 923 acres within the Kibby Basin, host to recent lithium brine discoveries in Nevada, USA. CONDUCTIVE ANOMALY The 47 placer claims in Kibby North and Kibby South lie less than 1.5 and 3.5km from the company’s flagship Pilot Mountain tungsten project. The company also has the […]
Golden Metal begins grant application for Pilot
Golden Metal Resources plc has started the application process for a short list of non-dilutive government grants for its Pilot Mountain tungsten project in Nevada, USA. TARGETED Funding will allow the company to “fast-track” its flagship asset and establish Pilot Mountain as the “only domestic American primary mined source of tungsten”. The move follows the company’s appointment […]
Golden Metal signs letter of intent for tungsten off-take
Golden Metal Resources plc has signed a non-binding letter of intent for a tungsten concentrate off-take agreement from its Pilot Mountain tungsten project in Nevada. WESTERN SUPPLIES The deal with Global Tungsten & Powders LLC (GTP) of Towanda, Pennsylvania is subject to due diligence and to Golden Metal securing funds to develop the project. GTP develops, manufactures […]
Golden Metal increases high priority Pilot targets at Pilot
Golden Metal Resources plc has identified two further high-priority exploration targets from survey results at its Pilot Mountain tungsten project within the prolific Walker Lake mineral belt in Nevada, USA. PORPHYRY SOUTH The targets add to the previously announced three exploration targets from detailed interpretation and inversion modelling of the high-resolution induced polarisation geophysics survey. […]