Golden Metal Resources plc announced a new high-grade gold (Au) - silver (Ag) - copper (Cu) bedrock discovery has been outlined from rock samples taken on ground recently staked at the Company's 100% owned Garfield project located within the prolific Walker Lane Mineral Belt in Nevada, USA ("Garfield" or the "Project"). The claim staking follows the high-grade rock sample results from Garfield which returned up to 23.92% CuEq1, which the Company announced on 11 December 20232. High-grade copper-gold-silver mineralisation has now been defined over a circa 4km2 area, the full extent of which is now covered by claims 100% owned by Golden Metal, potentially representing a large and well mineralised copper-gold-silver deposit.

Five rock samples were taken from this newly staked ground and all of these returned high-grade gold-silver-copper assay results including up to 22.7g/t gold. This highlights the significant potential of the greater Garfield Project claim holding. Detailed geochemical analysis of the previous Garfield samples, as well as the latest round of results, is underway in conjunction with a review by geochemist Simon Griffiths through his consulting firm 3PX.

Further results and next steps will be communicated to the market as soon as possible.