Golden Metal Resources PLC - Nevada, US-focused tungsten, gold, copper, silver and zinc exploration company - Announces exploration results from its Golconda Summit gold project in Nevada. Says rock sampling results returned significant arsenic anomalism, the main alteration element associated with Carlin-type gold systems. Explains results further suggest the presence of a "feeder zone" and therefore the possibility that a Carlin-type gold system may exist within the project at depth. Chief Executive Oliver Friesen says: "The results presented today give further support that a significant Carlin-type gold system may be present within the project."
Current stock price: 7.34 pence
12-month change: down 9.8%
By Jeremy Cutler, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.
Guardian Metal Resources PLC (GMET)