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The latest update is out from Golden Metal Resources Plc ( (GB:GMET) ).
Guardian Metal Resources Plc has announced a significant geological update for its Tempiute Tungsten Project in Nevada. An independent assessment by Dr. Lawrence Carter has identified extensive skarn and porphyry mineralisation, leading to the doubling of the project’s footprint through the staking of 29 new mining claims. This expansion highlights the project’s potential for larger-scale porphyry-style mineralisation, which had been previously overlooked. The company also identified numerous historical ore stockpiles, which could represent a primary domestic source of tungsten in the USA, and staked new claims for a satellite project named the Worthington skarn system.
More about Golden Metal Resources Plc
Guardian Metal Resources Plc is a strategic development and mineral exploration company focused in Nevada, USA. The company primarily deals with the exploration and development of mineral resources, with a specific focus on tungsten projects, such as the Tempiute Tungsten Project and the Pilot Mountain tungsten project.
YTD Price Performance: 32.14%
Average Trading Volume: 280,378
Technical Sentiment Signal: Strong Sell
See more insights into GMET stock on TipRanks’ Stock Analysis page.