Guardian Metal Resources PLC Announces Significant Porphyry South Copper Results
Guardian Metal Resources (GMTLF) has announced significant copper-molybdenum mineralization discoveries at its Porphyry South target within the Pilot Mountain Project in Nevada. The company identified a Cu-Mo mineralized hydrothermal breccia zone with notable rock chip samples yielding up to 1.93% Cu with 204 ppm Mo and 0.94% Cu with 287 ppm Mo.
The Porphyry South target, one of three porphyry targets at Pilot Mountain, spans 1,250m x 1,500m with a nested 380m long east-west striking mineralized breccia zone. This discovery validates the potential for a higher-grade copper mineralized shell within the molybdenum-rich mineralized porphyry system previously identified by drillhole PM24-002.
The company plans to continue drilling and advance to a pre-feasibility engineering study in 2025. The surface copper mineralization includes chrysocolla, malachite, and chalcocite associated with oxidized sulphide bearing quartz veins.
Guardian Metal Resources (GMTLF) ha annunciato importanti scoperte di mineralizzazione di rame-molibdeno nel suo obiettivo Porphyry South all'interno del Pilot Mountain Project in Nevada. L'azienda ha identificato una zona di breccia idrotermale mineralizzata Cu-Mo con campioni di roccia significativi che mostrano fino a 1,93% Cu con 204 ppm Mo e 0,94% Cu con 287 ppm Mo.
La zona Porphyry South, uno dei tre obiettivi porfirici nel Pilot Mountain, si estende per 1.250m x 1.500m con una zona di breccia mineralizzata lunga 380m e orientata est-ovest. Questa scoperta convalida il potenziale per un guscio di rame mineralizzato di grado più elevato all'interno del sistema porfirico ricco di molibdeno precedentemente identificato dal foro di perforazione PM24-002.
L'azienda prevede di continuare le perforazioni e di passare a uno studio di ingegneria di pre-fattibilità nel 2025. La mineralizzazione di rame in superficie include crisocolla, malachite e calcosite associate a vene di quarzo ossidate portanti di solfuri.
Guardian Metal Resources (GMTLF) ha anunciado descubrimientos significativos de mineralización de cobre-molibdeno en su objetivo Porphyry South dentro del Pilot Mountain Project en Nevada. La empresa identificó una zona de brecha hidrotermal mineralizada Cu-Mo con muestras de roca notables que rinden hasta 1.93% Cu con 204 ppm Mo y 0.94% Cu con 287 ppm Mo.
El objetivo Porphyry South, uno de los tres objetivos porfiríticos en Pilot Mountain, abarca 1,250m x 1,500m con una zona de brecha mineralizada de 380m de largo que se extiende de este a oeste. Este descubrimiento valida el potencial para un casco de cobre mineralizado de mayor grado dentro del sistema porfirítico rico en molibdeno previamente identificado por el pozo de perforación PM24-002.
La empresa planea continuar perforando y avanzar hacia un estudio de ingeniería de prefactibilidad en 2025. La mineralización de cobre en superficie incluye crisocola, malaquita y calcosita asociada con venas de cuarzo oxidadas que llevan sulfuros.
Guardian Metal Resources (GMTLF)는 네바다의 Pilot Mountain Project 내 Porphyry South 목표에서 구리-몰리브덴 광물화 발견을 발표했습니다. 이 회사는 주목할 만한 암석 조각 샘플이 1.93% Cu와 204 ppm Mo 및 0.94% Cu와 287 ppm Mo에 달하는 Cu-Mo 광물화 수열 지역을 확인했습니다.
Pilot Mountain의 세 개의 포피리 목표 중 하나인 Porphyry South 목표는 1,250m x 1,500m의 범위를 갖고 있으며, 동서 방향으로 380m 길이의 광물화된 부서진 지대가 있습니다. 이 발견은 드릴홀 PM24-002에 의해 이전에 확인된 몰리브덴이 풍부한 포피리 시스템 내에 고급 구리 광물화 셸의 가능성을 검증합니다.
회사는 2025년까지 계속 뚫어보고 미리 확보 가능한 공학 연구로 나아갈 계획입니다. 지표상의 구리 광물화에는 산화된 황화물 자원을 함유한 석영 정맥과 관련된 크리소콜라, 말라카이트 및 칼코시트가 포함됩니다.
Guardian Metal Resources (GMTLF) a annoncé d'importantes découvertes de minéralisations en cuivre-molybdène sur sa cible Porphyry South dans le cadre du Pilot Mountain Project au Nevada. L'entreprise a identifié une zone de brèche hydrothermale minéralisée Cu-Mo avec des échantillons de roche notables donnant jusqu'à 1,93% Cu avec 204 ppm Mo et 0,94% Cu avec 287 ppm Mo.
La cible Porphyry South, l'une des trois cibles porphyriques du Pilot Mountain, s'étend sur 1.250m x 1.500m avec une zone de brèche minéralisée longue de 380m orientée est-ouest. Cette découverte valide le potentiel d'une coquille de cuivre minéralisée de plus haute qualité dans le système porphyrien riche en molybdène précédemment identifié par le forage PM24-002.
L'entreprise prévoit de continuer les forages et de passer à une étude d'ingénierie de faisabilité en 2025. La minéralisation en cuivre en surface comprend de la chrysocolle, de la malachite et de la chalcosite associées à des veines de quartz oxydées contenant des sulfures.
Guardian Metal Resources (GMTLF) hat bedeutende Entdeckungen von Kupfer-Molybdän-Mineralisierungen in seinem Ziel Porphyry South innerhalb des Pilot Mountain Projekts in Nevada bekannt gegeben. Das Unternehmen hat eine Cu-Mo mineralisierte hydrothermale Brekziezone identifiziert, wobei bemerkenswerte Gesteinsproben bis zu 1,93% Cu bei 204 ppm Mo und 0,94% Cu bei 287 ppm Mo ergeben.
Das Ziel Porphyry South, eines von drei Porphyrzielen bei Pilot Mountain, erstreckt sich über 1.250m x 1.500m mit einer 380m langen mineralisierten Brekziezone, die in Ost-West-Richtung verläuft. Diese Entdeckung bestätigt das Potenzial für eine hochgradige Kupfer-Mineralisierung innerhalb des zuvor durch das Bohrloch PM24-002 identifizierten molybdänreichen mineralisierten Porphyrsystems.
Das Unternehmen plant, die Bohrungen fortzusetzen und 2025 eine Machbarkeitsstudie vorzubereiten. Die oberflächennahe Kupfer-Mineralisierung umfasst Chrysokoll, Malachit und Chalkosit, die mit oxidierten sulfidhaltigen Quarzvenen assoziiert sind.
- Discovery of high-grade copper-molybdenum mineralization with samples showing up to 1.93% Cu
- Large exploration target identified with 1,250m x 1,500m surface expression
- Advancement towards pre-feasibility engineering study in 2025
- 100% ownership of the Pilot Mountain Project
- Only one drillhole (PM24-002) completed at the Porphyry South target to date
- Project still in early exploration phase, requiring significant additional drilling
Cu-Mo Mineralised Hydrothermal Breccia Zone Discovered
LONDON, UNITED KINGDOM / ACCESS Newswire / January 28, 2025 / Guardian Metal Resources plc (LON:GMET)(OTCQX:GMTLF), a strategic development and mineral exploration company focused in Nevada, USA, is pleased to announce rock sample assay results confirming a copper-molybdenum (Cu-Mo) mineralized hydrothermal breccia nested within the Company's Porphyry South target at its
On 11 November 2024 results were released from a widely spaced sampling programme which returned elevated copper results from the Porphyry South target*. The results supported the possibility of a copper-rich shell existing within this target and the Company immediately commenced a more comprehensive sampling programme, the results of which are presented herein.
* polaris.brighterir.com/public/golden_metal_resources/news/rns/story/rnjg30x
Highlights:
Significant copper (Cu) and molybdenum (Mo) mineralization identified within an outcropping mineralized hydrothermal breccia zone at the Porphyry South Target.
The hydrothermal breccia zone has returned the first at-surface high-grade copper results from this burgeoning porphyry target, further supporting the potential for a higher-grade copper mineralized shell within the molybdenum-rich mineralized porphyry system identified by drillhole PM24-0021.
Highlight rock chip samples from various breccia outcrops include:
1.93% Cu, 204 ppm Mo and0.94% Cu, 287 ppm Mo.The Porphyry South target, one of 3 porphyry targets identified to date at Pilot Mountain, has a current surface expression of 1,250m x 1,500m. This represents a substantial target for further exploration, along with the nested 380m long, east-west striking mineralized breccia zone, which warrants immediate follow up.
The surface copper mineralization complements the highly anomalous downhole molybdenum enrichment noted in diamond drillhole PM24-002, which is the only drillhole at the Porphyry South target.
Oliver Friesen, CEO of Guardian Metal, commented:
"We are very pleased with the confirmation of high-grade copper and molybdenum mineralization at surface from a newly discovered mineralized breccia found within the Porphyry South target. These results validate our belief in the significant potential of Pilot Mountain as a large-scale multi-metal project. The discovery of a hydrothermal breccia zone with outcropping Cu-Mo mineralization is a game-changer for this underexplored target area and underscores the potential scale and quality of this asset."
Further Information
Previous rock chip sampling across the Porphyry South target identified elevated Cu and Mo concentrations across the expansive zone of quartz-sericite-pyrite ("QSP") hydrothermal alteration. Subsequent geological fieldwork across this area has identified an outcropping, highly oxidized, magmatic-hydrothermal breccia which can be traced for several hundred metres and other gossanous outcrops (Figure 1 & 2). Copper surface showings across the area include chrysocolla, malachite and chalcocite associated with oxidized sulphide bearing quartz veins. Magmatic-hydrothermal breccias are thought to form during the porphyry intrusion, they can often contain high-grade mineralization because of their intrinsic permeability (Figure 3).2
The rock chip sample assay results from multiple outcrops of hydrothermal breccia and gossans (indicating oxidized sulphides) at Porphyry South are presented in Table 1 and Figure 4. These results illustrate the presence of a copper mineralized shell within the molybdenum mineralized porphyry system discovered by PM24-02, and further support the Company's belief that a large but almost entirely untested sub cropping Cu-Mo porphyry system exists within the Project.
Table 1:Rock chip sample assay results
Sample | Lat | Long | Description | Cu (ppm) | Mo (ppm) |
PMLC-01-01 | 38.37539 | -117.87047 | Hydrothermal breccia | 19,250* | 204 |
PMLC-01-02 | 38.37533 | -117.87062 | Hydrothermal breccia | 9,540 | 287 |
PMLC-01-05 | 38.37537 | -117.86980 | Hydrothermal breccia | 3,240 | 392 |
PMLC-01-03 | 38.37462 | -117.87404 | Hydrothermal breccia | 274 | 242 |
PMLC-01-04 | 38.37433 | -117.86999 | Gossan, boxwork texture | 2,500 | 904 |
PMLC-01-06 | 38.37442 | -117.87059 | Gossan, boxwork texture | 928 | 498 |
Note: ALS Laboratory analytical methods ME-ICP61. * Overlimit copper analyzed by method Cu-OG62
Media
Figure 1: Field photograph of outcropping magmatic-hydrothermal breccia at Porphyry South. The breccia is gossanous and has visible secondary copper mineralization (malachite and chrysocolla).
Figure 2: Field photograph of outcropping magmatic-hydrothermal breccia at Porphyry South.
Figure 3: Schematic depiction of a magmatic-hydrothermal breccia body genetically linked to the apex of an inter-mineral porphyry intrusion2.
Figure 4: Map of the Pilot Mountain Project showing magnetic intensity, whole rock copper concentrations and key features annotated.
References
1: Company Announcement, Pilot Mountain, Nevada - Significant Drill Results Desert Scheelite: PM24-012 Intersects Outstanding Tungsten Mineralized Intersection, date 7 October 2024.
( https://polaris.brighterir.com/public/golden_metal_resources/news/rns/story/x89275r )
2: Sillitoe, R.H., 2010. Economic Geology, 105, pp. 3-41.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018). The Directors of the Company are responsible for the contents of this announcement.
COMPETENT PERSON STATEMENT
The technical information contained in this disclosure has been read and approved by Mr Nick O'Reilly (MSc, DIC, MIMMM QMR, MAusIMM, FGS), who is a qualified geologist and acts as the Competent Person under the AIM Rules - Note for Mining and Oil & Gas Companies. Mr. O'Reilly is a Principal consultant working for Mining Analyst Consulting Ltd which has been retained by Guardian Metal Resources plc to provide technical support.
Forward Looking Statements
This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the timing and granting of regulatory and other third party consents and approvals, uncertainties regarding the Company's or any third party's ability to execute and implement future plans, and the occurrence of unexpected events.
Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.
For further information visit www.guardianmetalresources.com or contact the following:
Guardian Metal Resources plc Oliver Friesen (CEO) | Tel:+44 (0) 20 7583 8304 |
Cairn Financial Advisers LLP Nominated Adviser Sandy Jamieson/Jo Turner/Louise O'Driscoll | Tel: +44 20 7213 0880 |
Shard Capital Partners LLP Lead Broker Damon Heath/Erik Woolgar | Tel: +44 (0) 20 7186 9000 |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
SOURCE: Guardian Metal Resources PLC
View the original press release on ACCESS Newswire
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