Guardian Metal Resources plc has started developing an optimised mine plan, incorporating recent drilling results, and remodelling its Pilot Mountain tungsten project in Nevada. SUPPORT Assays to date from the first 13 holes includes the best yet intercept of 39.3m @ 0.735% tungsten trioxide, 39.7g/t silver, 0.44% copper and 0.30% zinc from 66m downhole. Results […]
Tag: Guardian Metal Resources plc
Guardian looks to expand with Tempiute option
Guardian Metal Resources plc looks to grow its portfolio with a binding letter of intent for an option to acquire the Tempiute tungsten mine and mill in south-central Nevada, US. RESOURCE The potential acquisition from Hinkite Resources LLC lies 290km by road from the company’s flagship Pilot Mountain tungsten project and less than 240km north […]
Guardian returns ‘best’ tungsten intercept at Pilot
Guardian Metal Resources plc reported “outstanding” tungsten mineralisation from a further 12 drill holes at Desert Scheelite within the Pilot Mountain project in Nevada, USA. GLOBAL The results from drill core samples for holes PM24-002 to 013 follow those returned in mid-September from assays of diamond drilling. The company said it believed that the intersection would […]
Guardian receives £30,787 via warrant exercise
Guardian Metal Resources plc received £30,787.68 following notices to exercise warrants over a total 181,104 new ordinary shares of 1 pence each in the company, at 17p per warrant share. Following admission, Guardian‘s issued share capital will comprise 119,292,385 ordinary shares of 1p each, with voting rights.
Guardian intersects high grade tungsten at Pilot
Guardian Metal Resources plc’s first diamond core drill results intersected three zones of “high grade” tungsten mineralisation with ancillary zinc, silver and copper at Pilot Mountain in Nevada, USA. GARNET Assays from drillhole PM24-001 in the Desert Scheelite deposit returned a total 38.7m of tungsten mineralisation. All three zones are considered to be near surface […]
Red Rock abandons three Côte d’Ivoire licences
Red Rock Resources plc has dropped three gold licence applications in Côte d’Ivoire after regulatory changes limited the number of licences to four per applicant. GUARDIAN METAL The company holds two licences covering 725.44km2 and two applications for a total 1,404.86 km2 in an area around the capital Yamoussoukro. The three abandoned applications are in […]