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Garfield Project: Significant copper systems
Garfield Project: Significant copper systems.
About this update from Guardian Metal Resources Plc
[{"type":"text","content":"\n\n22 May 2023\nGolden Metal Resources plc\n('Golden Metal' or the 'Company')\nGarfield Project: Significant Copper Systems Identified\nGolden Metal Resources plc (LON:GMET), a mineral exploration company focused on tungsten, gold, copper, silver and zinc within Nevada, USA, is pleased to announce the results of a high-resolution soil geochemical sampling survey completed over its 100% owned Garfield Project (\"Garfield\" or the \"Project\") located within the prolific Walker Lane Mineral Belt in Nevada, USA.\nHighlights:\n- Discovery of two significant copper (Cu) zones which are now named the \"Power Line Zone\" (or \"Power Line\") and \"High-Grade Zone\" (or \"High-Grade\"; collectively the \"Zones\") which returned individual Cu-in-soil results of up to 851ppm and 950ppm Cu.\n \n- Importantly, the newly discovered Zones are coincident with historical rock sampling results which returned up to 2.6% Cu at Power Line and 5.53% Cu at High-Grade, highlighting the significance of these newly defined copper mineralised systems at Garfield.\nOliver Friesen, CEO of Golden Metal, commented: \n\"While our admission to trading on AIM was completed less than two weeks ago, our exploration forward mandate at Golden Metal should be apparent with the release of these very positive results from Garfield, which have far exceeded our original expectations. It is important to note that the main focus remains on Pilot Mountain (tungsten) followed by Golconda Summit (gold), however, the results presented today should clearly highlight the depth, as well as quality, of our overall combined project portfolio.\n\"The original property acquired included only a small footprint covering the original Garfield showing. Fast forward to today, the Garfield Project has been expanded significantly from its original acquisition size and we have now identified two considerable copper zones. The newly named 'Power Line' and 'High-Grade' zones are strongly coincident with the anomalies identified by the Hyperspectral Analysis completed previously, confirming the effectiveness of this exploration tool. We have obtained Hyperspectral Analysis results for the broader district and can now look at additional exploration targets based on the confirmation of the results outlined here.\n\"We are look...