Midweek Takeaway with Oliver Friesen, CEO & Executive Director of Golden Metal Resources (AIM:GMET)

Season 6, Episode 29,   Dec 11, 2023, 12:22 PM

Phil Carroll and Kevin Hornsby talk to Oliver after the company announced promising high-grade copper, silver, and gold mineralisation from overlimit assay testing at its 100% owned Garfield project in Nevada's Walker Lane Mineral Belt. Key highlights include 11 out of 32 samples showing over 1% copper equivalent (CuEq), with standout results of 23.92% CuEq. These findings from Garfield, located in a north-south copper-gold porphyry/skarn belt, show significant potential for a large-scale copper deposit. The results, which extend beyond the previously identified 1.8 km by 0.8 km 'High-Grade Zone', prompt Golden Metal to swiftly plan further exploration steps, guided by expert geochemist Simon Griffiths. CEO Oliver Friesen commends the project's rapid progress in potential value, with future exploration program details to be announced soon. Golden Metal holds the project through Golden Metal Resources LLC, with a 2% Net Smelter Return Royalty payable to Sunrise Resources plc, partially buybackable.


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