High-Grade Results Up to 4.27% Cu and Gold Grades up to 27.2g/t Au

LONDON, UK / ACCESSWIRE / December 11, 2023 / Golden Metal Resources plc (LON:GMET)(OTCQB:GMTLF), a strategic mineral exploration and development company focused on Nevada, USA, is pleased to announce high-grade copper, silver and gold mineralisation from overlimit ALS Laboratory assay testing undertaken following the recently completed ground exploration at the Company's 100% owned Garfield project located within the prolific Walker Lane Mineral Belt in Nevada, USA ("Garfield" or the "Project").

Garfield is located within a north-south trending copper-gold porphyry/skarn belt which extends southward from Hawthorne. Porphyry deposits are characterised by lower grade but bulk tonnage deposits and are one of the worlds' most important sources of copper, silver as well as gold. Given these porphyry deposits are typically large tonnage and lower grade these overlimit assays are particularly exciting as the samples were taken over a wide surface footprint which coincides and extends beyond the 1.8 km by 0.8 km 'High-Grade Zone' delineated by the Company's previous soil sampling results 1. Golden Metal will therefore be moving swiftly to determine, announce and undertake the next exploration steps.

HIGHLIGHTS

Golden Metal announced on 04 December 2023 the preliminary results from the Company's recently completed ground exploration programme which confirmed that Garfield hosts significant large-scale skarn and porphyry type copper, silver and gold mineralisation.
Several samples returned copper and gold results above the upper detection limit of the initial exploration analytical assay method employed (ALS method Au-TL43) and these 'overlimit' samples had to be reanalysed using higher-grade threshold assay methods (for ore grade copper method Cu-OG46, and for high-grade gold up to and in excess of 10g/t Au, methods Au-AA23 and Au-GRA21 respectively).
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