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The latest announcement is out from Golden Metal Resources Plc ( (GB:GMET) ).
Guardian Metal Resources plc has announced the results of a 3D induced polarisation geophysical survey at its Pilot Mountain project, revealing a significant porphyry target in the Porphyry South zone. The survey results have increased the company’s confidence in the potential of the area, highlighting a larger and more coherent porphyry system than previously understood. This discovery could indicate a copper-enriched shell, making it a compelling future drilling target. The findings suggest that Pilot Mountain may host substantial upside beyond its tungsten deposits, potentially impacting the company’s operations and industry positioning.
More about Golden Metal Resources Plc
Guardian Metal Resources plc is a strategic mineral exploration and development company focused on porphyry copper-molybdenum exploration at its Pilot Mountain tungsten project in Nevada, USA.
Average Trading Volume: 603,284
Technical Sentiment Signal: Buy
Current Market Cap: £182.2M
Learn more about GMET stock on TipRanks’ Stock Analysis page.