6th Jun 2023 17:50
Golden Metal Resources PLC - Nevada, US-focused tungsten, gold, copper, silver and zinc exploration company - Reports detailed analysis of the induced polarisation geophysics results over its wholly owned flagship Pilot Mountain Project. Highlights the presence of three significant undrilled exploration targets which are highly prospective for further tungsten, copper, silver and zinc mineralisation. Considers that Pilot Mountain hosts the largest known undeveloped tungsten resource in the US and these newly identified targets indicate the potential for a significantly greater in-ground resource than currently known marking a significant uplift in project potential. Explains any increase in potential mineralisation will further bolster the inherent value of the project and its attractiveness as a target for non-dilutive grant funding for exploration and development.
Current stock price: 6.92 pence
12-month change: down 15%
By Jeremy Cutler, Alliance News reporter
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