Business
Publication of research note
Publication of research note.
About this update from Guardian Metal Resources Plc
[{"type":"text","content":"\n\n1 August 2023\nGolden Metal Resources plc\n('Golden Metal' or the 'Company')\nPublication of research note\nGolden Metal Resources PLC (AIM:GMET), a mineral exploration company focused on tungsten, lithium, gold, copper and silver within Nevada, USA, announces that First Equity Limited has released a research note, commissioned by Golden Metal, on the Company. The research note is available to view at https://tdy.lol/gujyS: For further information visit www.goldenmetalresources.com or contact the following:\n\n\n\nGolden Metal Resources plc\nOliver Friesen (CEO)\n\n\nTel: +44 (0) 20 7583 8304\n\n\n\n\nCairn Financial Advisers LLP\nNominated Adviser\nSandy Jamieson/Jo Turner/Louise O'Driscoll\n\n\nTel: +44 20 7213 0880\n\n\n\n\nFirst Equity Limited\nBroker\nJonathan Brown/Jason Robertson\n\n\nTel: +44 20 7374 2212\n\n\n\n\n\n\n\n\n\n\n\n \nThe Projects:\nPilot Mountain Project\nThe Pilot Mountain project is an advanced exploration and mineral resource definition stage project located in Mineral County in western Nevada. The project covers an area of 14.80 km2 (3,656.1 acres) and is located 200km southeast of Reno and 18km east of Mina, Nevada. It is well situated for the supply of power, water and skilled labour and proximity to transport infrastructure in Mineral County and is centred around four existing mineral deposits: Garnet; Good Hope; Gunmetal and Desert Scheelite, all of which possess significant skarn-style tungsten-copper-silver-zinc mineralisation. The Pilot Mountain project consists of 176 active lode mining claims and 4 filed mill site claims. The four mill site claims filed at the former Dunham mill site have secure access to groundwater supply sufficient for the proposed project.\nKibby Basin Lithium Project\nThe Kibby Basin Project covers two claim packages which are prospective for lithium brine mineralisation. The southern claim package is less than 250m from a 2022 drillhole which returned a significant interval (169m) of lithium brine mineralisation which was determined to be open in all directions. The Project is less than 5km to the southeast of the Company's flagship Pilot Mountain Project.\nGolconda Summit Project\nGolden Metal is the operator of the Golconda Summit project, which is held under an earn-in right to acquire up to 100 per cent. of the project from the mineral claim owner pursuant to...