Golden Metal Resources plc has identified three “significant” exploration targets which could increase the resource potential for its flagship Pilot Mountain tungsten project in Nevada, USA. ZONES Results from a high-resolution induced polarisation geophysics survey showed undrilled targets of Desert Scheelite parallel west zone; Porphyry depths zone; and Desert Scheelite east extension zone all within the Walker Lane […]
Tag: Golden Metal Resources plc
Golden Metal appoints Chang Turkmani as advisor
Golden Metal Resources plc has appointed Chang Oh Turkmani as a strategic United States government advisor, with immediate effect. She will help the company advance its critical minerals strategy in Nevada and the broader United States. Mrs Turkmani is experienced in import and export of industrial commodities, mining, manufacturing, construction, energy trading, shipping, environmental remediation, renewable energy, and investment advisory […]
Golden Metal publishes inaugural ESG report
Golden Metal Resources plc has published its inaugural environment, social and governance (ESG) report for its as yet non-producing four metals projects in Nevada, USA. MANAGEMENT The company’s principles in the 11-page report include ethical business practices; biodiversity & conservation; social responsibility; sustainable development; and health and safety & risk management. “By establishing this report […]
Golden Metal identifies Carlin-type gold systems at Golconda
Golden Metal Resources plc has identified Carlin-type* gold systems from rock sampling at the Golconda Summit project in the prolific Walker Lane mineral belt, northern Nevada, USA. FEEDER ZONE The company aims to be the first to drill test fully the multiple prospective lower plate rocks below the project, including the Antler Peak limestone, Edna Mountain and Preble formations […]
Golden Metal finds zones of copper anomalies
Golden Metal Resources plc has discovered two zones of “significant” copper anomalies at its Garfield project within the Walker Lane mineral belt in Nevada, USA. EXPECTATIONS The Power Line and High-Grade zones returned individual copper-in-soil results of up to 851ppm and 950ppm copper from high resolution soil sampling results. Golden Metal said that both were […]
Golden Metal raises £1.98m and begins trading on AIM
Golden Metal Resources plc raised £1.98 million via a placing and subscription for the start of its trading today on the alternative investment market (AIM). TERMS The fundraise, through issuing 23,317,643 new ordinary shares of £0.01 each, is part of the admission process. Placing shares totalled 12,449,208 new ordinary shares and subscription shares totalled 10,868,435. Every two […]