Golden Metal Resources plc (LON:GMET, OTCQB: GMTLF), the AIM listed metals exploration and development company, announces its unaudited interim results for the six month period ended 31 December 2023 (the "period").

KEY DEVELOPMENTS IN THE PERIOD TO 31 DECEMBER 2023

· On 6 July 2023, the Company announced the staking of mineral claims covering the Kibby Basin lithium project, an exciting lithium brine opportunity complementing the Company's other strategic/critical metal focussed properties



· On 24 July 2023, a Memorandum of Understanding ("MOU") was signed with Oxford Sigma Limited, a nuclear fusion technology company based in Oxfordshire, UK. The MOU outlined how the two parties will collaborate to explore and develop critical metal supply pathways for tungsten alloy and tungsten containing materials within the fusion industry



· On 26 September 2023, Golden Metal strengthened its board of directors with the appointment of J.T. Starzecki who also currently stands as Chief Marketing Officer of 5E Advanced Materials, a Nasdaq listed mining company



· Over the period the Company announced several updates covering its 100% owned Garfield project's ("Garfield") copper-gold-silver property, mostly concerning the discovery of significant porphyry style mineralisation and alteration



· During the period, the Company's Golconda Summit gold property advanced further following the validation of the presence of a feeder zone and therefore the potential for Carlin-type gold mineralisation at depth. A permit notice application was also submitted to the Bureau of Land Management office

KEY DEVELOPMENTS SINCE 31 DECEMBER 2023

· Further copper-gold-silver bedrock discoveries at Garfield

· Identification of garnet potential at Pilot Mountain

· Strategic £750,000 equity fundraise.

GOLDEN METAL INTERESTS AT TODAY'S DATE

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