Golden Metal Resources Eyes Strategic Tungsten Acquisition

Golden Metal Resources Plc (GB:GMET) has released an update.

Golden Metal Resources Plc has entered into a binding letter of intent to acquire an option for the Tempiute Tungsten Mine & Mill in Nevada. This move aligns with the company’s strategic focus on critical commodities, as Tempiute’s past production and existing infrastructure present a promising opportunity for expanding their tungsten portfolio. The acquisition is subject to due diligence, which, if successful, could significantly enhance the company’s resource base and market position.

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