Golden Metal Resources plc has started its largest geophysics programme to date before drill targeting at the Garfield copper-gold-silver and Pilot Mountain tungsten-garnet projects in Nevada, USA. STRATEGY In May, the company confirmed new anomalies at Garfield and expanded the licensed area while also beginning a 2,000-metre drilling campaign in the Desert Scheelite zone at Pilot. Golden […]
Tag: tungsten
Golden Metal raises £500,000 via subscription
Golden Metal Resources plc has raised £506,250 via a direct and premium priced subscription by Purebond Ltd. The subscription in the company is Purebond‘s second this year and takes the total invested so far to approximately £1.26 million and total ownership to 6.65%. Golden Metal issued 2,250,000 new ordinary shares of 1.0p each representing 2.06% of […]
Golden Metal plans for Desert Scheelite PFS
Golden Metal Resources plc appointed a consortium to plan for the preliminary feasibility study on the Desert Scheelite deposit at the Pilot Mountain tungsten project in Nevada. PERMITS Bara Consulting Ltd will work with and lead Snowden Mining Industry Consultants Ptd Ltd and Bomenco Minerals Engineering Corp to evaluate existing technical information and provide a plan of actions, […]
Golden Metal starts 2,000m drilling on Pilot
Golden Metal Resources plc has begun 2,000m diamond drilling on its 100% owned flagship Pilot Mountain tungsten project in Nevada, USA. HIGH IMPACT The phase I campaign focuses on strategic resource expansion at the main Desert Scheelite zone, which hosts the “largest known tungsten resource on American soil”. Drilling will also explore brownfield targets by searching known or […]
Golden Metal granted Pilot drill permits
Golden Metal Resources plc has received drilling permits for 40 individual sites on its flagship Pilot Mountain tungsten project within the Walker Lake mineral belt, Nevada. STUDY Approval from the local Bureau of Land Management includes two permits for Good Hope, four at Desert Scheelite Parallel West and one at Porphyry South. The remaining 33 […]
CRL increases exploration area with Duchy agreement
Cornwall Resources Ltd has increased its footprint fourfold in East Cornwall/Tamar Valley under a three-year exclusivity and prospecting agreement with The Duchy of Cornwall. MINING AREAS The company said that the deal was the first of its kind in modern times and aimed to advance “commercialisation of The Duchy’s mineral rights.” CRL will have exclusive […]