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NEVADA - Guardian Metal Resources plc (LON:GMET, OTCQX:GMTLF) announced Wednesday that its ongoing drilling campaign at the Pilot Mountain tungsten project in Nevada has yielded significant high-grade tungsten mineralization, along with copper, silver, and zinc.
The company reported results from the final batch of drillholes at the Desert Scheelite zone, with several holes showing substantial mineralized widths. Notable intersections include a 21.6-meter interval in PM25-043, a 33.9-meter interval in PM25-045, a 45.7-meter interval in PM25-047, and a 24.4-meter interval in PM25-051.
Individual assay results showed grades up to 1.09% tungsten trioxide (WO3), 9.98% zinc, 337 g/t silver, and 1.3% copper. One highlight interval from PM25-045 showed 8.23 meters of 1.23% WO3 equivalent within a broader 33.9-meter continuously mineralized zone.
The company has completed 82 drillholes to date, including 61 at Desert Scheelite, 20 at the Garnet Zone, and one at Porphyry South. Initial results from Garnet Zone drilling are expected in the coming weeks.
"We are very pleased to now have all of the results in hand from the Desert Scheelite resource drilling, marking another important step toward our goal of delivering Mined in America tungsten to the United States market," said Oliver Friesen, CEO of Guardian Metal, in the press release.
The company noted that several samples from its newly staked Pilot North Project are currently being analyzed, with results expected soon.
Guardian Metal Resources describes itself as a strategic mineral exploration and development company with a focus on Nevada. The company stated that it is entering "one of its most active and potentially value-accretive periods" with multiple drilling rigs to be deployed across its Nevada-based tungsten projects.
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