TIDMGMET
Golden Metal Resources PLC
16 October 2023
16 October 2023
Golden Metal Resources plc
('Golden Metal' or the 'Company')
Attendance at the International Tungsten Industry Association
Conference - Osaka, Japan
Golden Metal Resources plc (AIM:GMET, OTCQB:GMTLF) a strategic
mineral exploration and development company focused on Nevada, USA,
is pleased to announce its attendance at the International Tungsten
Industry Association ("ITIA") AGM conference, held this year in
Osaka, Japan (16-19 October 2023).
This annual event is a focal point for the global tungsten
industry, attended by the key industry participants and Golden
Metal has a series of important meetings arranged to discuss the
Company's 100% owned Pilot Mountain project in Nevada, USA.
A link to the ITIA event is provided below:
https://www.itia.info/annual-general-meetings.html
Oliver Friesen, CEO of Golden Metal, commented:
"Golden Metal is delighted to attend this important tungsten
industry event. The Company's 100% owned Pilot Mountain Project
hosts what is believed to be the largest undeveloped tungsten
deposit on U.S. soil with its existing Mineral Resource Estimate as
well as multiple additional targets for potentially significant
resource expansion.
"The AGM conference comes at a time when the importance of
homeland security for critical metals is at the forefront of
thinking by policymakers in the U.S. and abroad.
"Further information in respect of the Company and our Pilot
Mountain Project is outlined below and Pproject specific updates
will be provided to the market as material developments occur."
FURTHER INFORMATION
Golden Metal Resources PLC (AIM:GMET, OTCQB:GMTLF)
Golden Metal's latest Corporate Presentation, which will be used
at the conference can be accessed on the Company's website through
the following link:
https://www.goldenmetalresources.com/investors/corporate-presentation/
Company Projects
Pilot Mountain Project
The 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 km(2)
(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.
Since listing in London in May 2023 Golden Metal has released a
series of updates in respect of the Pilot Mountain Project as
outlined below:
Development Date of Release Link to AIM Announcement
Appointment June 5, 2023 https://www.londonstockexchange.com/news-article/GMET/appointment-of-strategic-
of Strategic advisor-issue-of-shares/15985547
Adviser
---------------- --------------------------------------------------------------------------------
Significant June 6, 2023 https://www.londonstockexchange.com/news-article/GMET/pilot-mountain-significan
Exploration t-exploration-targets/15986134
Targets
---------------- --------------------------------------------------------------------------------
Further June 20, 2023 https://www.londonstockexchange.com/news-article/GMET/pilot-mountain-further-ta
Significant rgets-identified/16005627
Targets
---------------- --------------------------------------------------------------------------------
Offtake Letter June 28, 2023 https://www.londonstockexchange.com/news-article/GMET/pilot-mountain-project-of
of Intent f-take-letter-of-intent/16017156
---------------- --------------------------------------------------------------------------------
US Funding June 29, 2023 https://www.londonstockexchange.com/news-article/GMET/us-funding-strategy/16019
Strategy 106
---------------- --------------------------------------------------------------------------------
Tungsten Focused July 24, 2023 https://www.londonstockexchange.com/news-article/GMET/tungsten-focused-mou-and-
MoU key-appointment/16052076
---------------- --------------------------------------------------------------------------------
Kibby Basin Lithium Project
The 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 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.
Golconda Summit Project
Golden Metal is the operator of the Golconda Summit project,
which is held under an earn-in right to acquire up to 100% of the
project from the mineral claim owner pursuant to an option
agreement. The Golconda Summit project is a drill-ready gold
project located in Humboldt County and situated at the confluence
of the Getchell and Battle Mountain - Eureka metallogenic trends,
and consists of 44 lode mining claims, covering a total area of
approximately 3.22km(2) (795.4 acres) located approximately 27km
east of Winnemucca.
Garfield Project
The Garfield project is a copper, gold and silver project
covering 3.23km(2) (797.9 acres) located in Mineral County, Nevada,
approximately 14km due east of the town of Hawthorne and 120km due
west-northwest of Tonopah.
Stonewall Project
The Stonewall project is an exploration stage gold-silver
property prospective for epithermal gold-silver mineralisation. The
property consists of 19 lode mining claims covering 1.59 km2 (392.5
acres) located on the northern flank of Stonewall Mountain, on the
western edge of the Nellis Airforce Range Restricted Access Area,
in Nye County, Nevada, approximately 24km south-east of the
historic gold mining town of Goldfield and 60km due south of
Tonopah.
For further information visit www.goldenmetalresources.com or
contact the following:
Golden Metal Resources plc Tel: +44 (0) 20 7583 8304
Oliver Friesen (CEO)
Cairn Financial Advisers LLP Tel: +44 20 7213 0880
Nominated Adviser
Sandy Jamieson/Jo Turner/Louise
O'Driscoll
--------------------------
First Equity Limited Tel: +44 20 7374 2212
Broker
Jonathan Brown/Jason Robertson
--------------------------
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END
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