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RNS Number : 1953U Guardian Metal Resources PLC 22 January 2025
22 January 2025
Guardian Metal Resources plc
('Guardian Metal' or the 'Company')
Presidential Executive Order - Unleashing American Energy
Guardian Metal Resources plc (LON:GMET, OTCQX:GMTLF), a mineral exploration
company focused on tungsten, copper, silver, gold and lithium within Nevada,
USA, is pleased to note the support outlined in the Executive Order signed on
January 20, 2025, by the new president of the United States, Donald Trump,
titled "Unleashing American Energy" (the "Executive Order"). The landmark
policy demonstrates a renewed commitment to promoting domestic energy and
natural resources, directly supporting Guardian Metal's ultimate mission of
mining tungsten, a key metal essential for modern defence and civilian
industries, on U.S. soil. A link to the Executive Order is provided below:
https://www.whitehouse.gov/presidential-actions/2025/01/unleashing-american-energy/
(https://www.whitehouse.gov/presidential-actions/2025/01/unleashing-american-energy/)
Key sections from the Executive Order benefitting Guardian Metal:
1. Section 2(b) - Enhancing Critical Mineral Independence: Sets out the
policy to establish the U.S. position as the leading producer and processor of
non-fuel minerals, highlighting the critical importance of reducing U.S.
reliance on foreign sources for minerals like tungsten. Guardian Metal's
Nevada-based tungsten deposits are strategically positioned to address this
national priority by delivering a secure domestic supply of this key defence
and industrial metal.
2. Section 5(b,c,d) - Efficient Permitting and Reducing Regulatory
Hurdles: Sets out provisions to expedite and simplify the permitting process
by federal agencies that could otherwise add delays and ambiguity to the
process. The focus will be on expediting the development timelines for
U.S.-based projects, providing clarity and efficiency in navigating federal
permitting requirements. Pilot Mountain is located on federal land and as such
is subject to federal permitting requirements.
3. Section 9 - Restoring America's Mineral Dominance :
o 9(a): Directs relevant agencies to identify all agency actions that impose
undue burdens on the domestic mining and processing of non-fuel minerals and
undertake steps to revise or rescind such actions.
o 9(e): Directs the Secretary of Energy to ensure that critical mineral
projects receive consideration for Federal support which potentially opens
avenues for additional funding and support that Guardian Metal can leverage.
o 9(i): Directs the Secretary of Defense to consider the needs of the United
States in supplying and maintaining the National Defense Stockpile, and take
all appropriate steps to ensure that it will provide a robust supply of
critical minerals in event of future shortfall. Guardian Metal's key projects,
in production, would be uniquely positioned to be able to contribute domestic
tungsten to this stockpile supporting U.S. national security objectives and
supply chain stability.
Oliver Friesen, CEO of Guardian Metal, commented:
"This Executive Order underscores the critical role domestic mining plays in
securing America's energy independence and supporting key national security
objectives. By prioritising the National Defense Stockpile and enhancing
support for U.S. mining competitiveness, the policy creates a clear pathway
for Guardian Metal's projects to thrive over the next four years and beyond.
"Guardian Metal is proud to contribute to this national effort by advancing
the development of our flagship Pilot Mountain tungsten Project, with our
ultimate goal of supporting a robust and secure domestic supply of this vital
metal to U.S. consumers for years to come."
Strategic Impacts on Guardian Metal
Tungsten, the key metal found within the Pilot Mountain Project, is designated
as a critical mineral which is essential for many industrial and military
purposes. The Executive Order provides clear actionable items which stand to
directly benefit Guardian Metal and its investors. It is encouraging to see
the clear recognition, on the first day of the new administration, that
projects like Pilot Mountain will be supported by the following key
initiatives:
· Faster Permitting Processes: Enhanced regulatory clarity and
interagency coordination which will allow Guardian Metal to advance our
Nevada-based projects without unnecessary delays.
· Strengthened Financial Support: Access to additional federal
funding and incentive programs underscores the government's commitment to
support domestic mining projects like ours from development and into
production.
· Enhanced National Security Contributions: By supplying a vital
material for strategic industries, our project directly aligns with U.S. goals
of critical mineral independence, stockpiling initiatives and national
security ambitions.
Next Steps
Guardian Metal will actively engage with all relevant government agencies to
align with the directives outlined in the Executive Order. We are committed to
leveraging this supportive policy framework to expedite the responsible
development of our Nevada-based projects.
Our team continues to advance technical studies and community engagement
initiatives, ensuring we maintain the highest standards of environmental
stewardship and social responsibility. These efforts position us to capitalise
on this pivotal moment for domestic mining in the U.S.
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 resulting from working in a new political jurisdiction,
uncertainties regarding the results of 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
(http://www.guardianmetalresources.com) or contact the following:
Guardian Metal Resources plc Tel: +44 (0) 20 7583 8304
Oliver Friesen (CEO)
Shard Capital Partners LLP Tel: +44 (0) 20 7186 9000
Lead Broker
Damon Heath/Erik Woolgar
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