REG - Golden Metal Rsrcs. - Change of Name

Guardian Metal ResourcesAnnouncement

08/07/2024 12:00

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RNS Number : 5280V  Golden Metal Resources PLC  08 July 2024

8 July 2024

Guardian Metal Resources plc

('Guardian Metal' or the 'Company')

Confirmation of Name Change and AIM Rule 26 Website

The Company announced on 18 June 2024 that it intended to apply to Companies
House to change the Company's name to Guardian Metal Resources plc.

The Company is pleased to announce that Companies House issued a change of
name certificate on 4 July 2024 and the name change has become effective
immediately.  The stock market codes are unchanged as LON: GMET and OTCQX:
GMTLF.

The Company confirms that the change of name has been notified to the London
Stock Exchange and trading in the Company's shares under the new company name
is expected to commence at 8.00 a.m. on 9 July 2024. The Company's ISIN and
SEDOL remain unchanged.

The change of name is to reflect the Company's success to date in advancing
projects in the strategic metals arena with the advancement of Pilot Mountain
hosting the largest known undeveloped tungsten deposit in the USA as well as
at the Garfield Project where the Company is targeting a major copper
discovery.  The change also reflects the significance of the Company's
projects to the supply of critical metals to the USA with numerous key
defense, industrial and energy applications.

The Company's new website address is now
https://www.guardianmetalresources.com
(https://www.guardianmetalresources.com) .  All information required by AIM
Rule 26 is located on the "Investors" section of the website.

Oliver Friesen, CEO of Guardian Metal, commented:

"A big thanks to everyone behind the scenes who has helped us finalise this
name change. With our now upgraded US quotation, we are excited to now drive
the business forward as Guardian Metal Resources PLC, which much better
reflects the strategic assets we own within the mining-friendly state of
Nevada, as well as our main objective to be a part of the important reshoring
efforts to bring critical and defence metal supply chains back onto US soil."

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)
 Cairn Financial Advisers LLP                 Tel: +44 20 7213 0880

 Nominated Adviser

 Sandy Jamieson/Jo Turner/Louise O'Driscoll
 Shard Capital Partners LLP                   Tel: +44 (0) 20 7186 9000

 Lead Broker

 Damon Heath/Erik Woolgar
 First Equity Limited                         Tel: +44 20 7374 2212

 Broker

 Jonathan Brown/Jason Robertson

 

THE PROJECTS

Pilot Mountain Project

The Pilot Mountain project is an advanced exploration and mineral resource
definition stage project located in Mineral County in western Nevada. The
project covers an area of 14.80 km(2) (3,904.1 acres) and is located 200km
southeast of Reno and 18km east of Mina, Nevada. It is well situated for
the supply of power, water and skilled labour and proximity to transport
infrastructure in Mineral County and is centred around four existing mineral
deposits: Garnet; Good Hope; Gunmetal and Desert Scheelite, all of which
possess significant skarn-style tungsten-copper-silver-zinc
mineralisation. The Pilot Mountain project consists of 176 active lode
mining claims and 4 filed mill site claims. The four mill site claims filed at
the former Dunham mill site have secure access to groundwater supply
sufficient for the proposed project.

Garfield Project

The Garfield Project is an exciting copper-gold-silver prospect consisting of
65 lode mining claims covering 9.18 km2 (2,268 acres) located in Mineral
County, Nevada, approximately 14km due east of the town of Hawthorne and
120km due west-northwest of Tonopah. Exploration to date has included
detailed geochemical sampling and follow up analysis which highlighted the
presence of both porphyry and skarn-type mineralisation and alteration at the
'High-Grade Zone'. Further to this, mapping, prospecting and rock sampling was
recently completed with results confirming presence of high-grade copper,
silver and gold mineralisation as well as leading to the bedrock discovery of
the Pamlico Au Zone with individual rock samples up to 18.35g/t Au, 1,225g/t
Ag & 1.89% Cu. Following this, geochemical analysis of the full suite of
data confirmed the strong presence of porphyry style mineralisation across the
Project, as well as potentially overprinting epithermal style mineralisation
leading to increased gold-silver prospectivity.

Kibby Basin Lithium Project

The Kibby Basin Project covers two claim packages which are prospective for
lithium brine mineralisation. The southern claim package is less than 250m
from a 2022 drillhole which returned a significant interval (169m) of lithium
brine mineralisation which was determined to be open in all directions. The
Project is less than 5km to the southeast of the Company's flagship Pilot
Mountain Project.

Golconda Summit Project

Guardian Metal is the operator of the Golconda Summit project, which is held
under an earn-in right to acquire up to 100 per cent. of the project from the
mineral claim owner pursuant to an option agreement. The Golconda Summit
project is an exploration stage gold and silver project located in Humboldt
County and situated at the confluence of the Getchell and Battle
Mountain - Eureka metallogenic trends, and consists of 44 lode mining
claims, covering a total area of approximately 3.22 km(2) (795.4 acres)
located approximately 27km east of Winnemucca.

Stonewall Project

The Stonewall project is an exploration stage gold-silver property prospective
for epithermal gold-silver mineralisation. The property consists of 19 lode
mining claims covering 1.59 km(2) (392.5 acres) located on the northern flank
of Stonewall Mountain, on the western edge of the Nellis Airforce Range
Restricted Access Area, in Nye County, Nevada, approximately 24km south-east
of the historic gold mining town of Goldfield and 60km due south
of Tonopah.

 

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