Golden Metal Resources plc is preparing to start its inaugural drill programme, pending permits, on its 100% owned Pilot Mountain project in Nevada, USA. SIGNIFICANT The company’s recent fundraise of £750,000 will go towards drilling multiple previously untested targets, including Porphyry South, as well as investigation of copper potential. Finalisation of a contract with a Nevada-based drilling contractor is […]
Tag: Pilot Mountain – Nevada – USA
Golden Metal review shows 40% garnet at Pilot
Golden Metal Resources plc’s technical review showed industrial garnet comprised some 40% of the mineralised intervals across the known deposit areas at its Pilot Mountain project in Nevada. SPECIALIST The intervals are across the known deposit areas of Desert Scheelite and Garnet at the project within the Walker Lake mineral belt. The company said that based […]
Golden Metal signs MoU to supply tungsten for nuclear fusion
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 […]
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 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 […]