20th Jun 2023 14:12
Golden Metal Resources PLC - Nevada, US-focused tungsten, gold, copper, silver and zinc exploration company - Says initial results from the Pilot Mountain project, located within the Walker Lake Mineral Belt in Nevada confirm the presence of three significant exploration targets. Says the Porphyry South target represents the most compelling porphyry deposit target identified to date at the project.
Chief Executive Officer Oliver Friesen says: "Hats off to our technical team who spent many days compiling and combining all available geological, geophysical and geochemical datasets, which has led to the identification of two other significant exploration targets at Pilot Mountain."
Exploration company Power Metal Resources PLC noted the release. Power Metal Resources holds a 62% stake in Golden Metal Resources.
Golden Metal Resources current stock price: 8.86 pence each, up 2.7% on Tuesday afternoon in London
12-month change: up 9.0%
Power Metal Resources current stock price: 0.81 pence each, down 1.8% on Tuesday afternoon in London
12-month change: down 28%
By Xindi Wei and Harvey Dorset, Alliance News reporters
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