Midweek Takeaway with Oliver Friesen, CEO & Executive Director of Golden Metal Resources (AIM:GMET) #GMET
Season 7, Episode 5, Jan 23, 02:08 PM
Phil Carroll and Kevin Hornsby are joined by Oliver Friesen, CEO of Golden Metal resources to talk about the groundbreaking findings at the Garfield project in Nevada. The company's official statement has revealed astonishing "bonanza grades" in their project update. These grades are nothing short of remarkable, with measurements reaching up to 1,225 grams per tonne (g/t) of silver, including 18.35g/t of gold and a substantial 1.89% of copper.
This revelation goes beyond mere numbers; it signifies a potential game-changer in the mining industry. Golden Metal Resources believes that these findings confirm the existence of significant porphyry and epithermal potential in the area, setting the stage for a new era of exploration.
Oliver expressed the significance of these results and highlighted the transition from high-grade copper-gold-silver findings across a large footprint to a multi-layered geological dataset that strongly indicates the presence of a substantial porphyry-style system driving mineralization throughout the project. He also emphasized that the next logical step in exploring porphyry deposits is to search for a geophysical anomaly representing a porphyry center at depth. To their excitement, this anomaly was identified by a third-party survey and coincides with the High-Grade Zone, which overlaps with the uranium target detected during the same exploration program.
With these transformative findings in hand, Golden Metal Resources is swiftly progressing towards determining the optimal next steps for exploration. The company is determined to propel this incredibly promising project forward, building on the momentum generated by these groundbreaking results.
Disclaimer & Declaration of Interest
The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion
This revelation goes beyond mere numbers; it signifies a potential game-changer in the mining industry. Golden Metal Resources believes that these findings confirm the existence of significant porphyry and epithermal potential in the area, setting the stage for a new era of exploration.
Oliver expressed the significance of these results and highlighted the transition from high-grade copper-gold-silver findings across a large footprint to a multi-layered geological dataset that strongly indicates the presence of a substantial porphyry-style system driving mineralization throughout the project. He also emphasized that the next logical step in exploring porphyry deposits is to search for a geophysical anomaly representing a porphyry center at depth. To their excitement, this anomaly was identified by a third-party survey and coincides with the High-Grade Zone, which overlaps with the uranium target detected during the same exploration program.
With these transformative findings in hand, Golden Metal Resources is swiftly progressing towards determining the optimal next steps for exploration. The company is determined to propel this incredibly promising project forward, building on the momentum generated by these groundbreaking results.
Disclaimer & Declaration of Interest
The information, investment views, and recommendations in this podcast are provided for general information purposes only. Nothing in this podcast should be construed as a solicitation to buy or sell any financial product relating to any companies under discussion or to engage in or refrain from doing so or engaging in any other transaction. Any opinions or comments are made to the best of the knowledge and belief of the commentator but no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion