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RNS Number : 6084R Guardian Metal Resources PLC 30 December 2024
30 December 2024
Guardian Metal Resources plc
('Guardian Metal' or the 'Company')
Pilot Mountain - Drilling Update
Desert Scheelite - Further Very High-Grade Tungsten Results
Guardian Metal Resources plc (LON:GMET, OTCQX:GMTLF), a strategic mineral
exploration and development company focused in Nevada, USA, is pleased to
announce further drillhole assay results from the Company's ongoing drilling
campaign at its 100% owned Pilot Mountain tungsten project ("Pilot Mountain"
or the "Project) located in Nevada, USA.
Laboratory assay results from drill core samples have been received from the
next batch of drillholes covering PM24-018 to PM24-028 with some further very
high-grade tungsten results being intersected. To date, 39 drillholes have
been completed. The drill pad for the 40(th) hole is prepared and drilling is
expected to recommence on 6 January 2025 (Fig. 1). The Company is also
preparing a separate notice permit which will facilitate the preparation of up
to 20 drill pads at the Project's 'Garnet' tungsten-copper-silver-zinc zone.
The Company is also now in receipt of the phase I garnet metallurgical results
and is in the process of compiling those and will release to the market as
soon as it is possible to do so.
The Company previously announced an earlier set of assay results from the
Project on 26 November 2024. The assay results included in the database
supplied to the Company incorrectly overstated some of the WO(3) assay results
for three drillholes. The relevant sections of the announcement of 26
November 2024 are restated below with the corrected and restated WO(3) assay
results highlighted in bold in Table 3.
Oliver Friesen, CEO of Guardian Metal, commented:
"This batch of results takes us another step closer to the updated resource
estimate which feeds into the updated mine plan and eventual pre-feasibility
study for our flagship Pilot Mountain Project. We are also very pleased to
have intercepted the two single highest drilled tungsten assays from across
the Project, including 3.04% and 3.01% WO(3,) highlighting the tremendous
upside potential that continues to exist as we advance exploration and
development of our flagship asset.
"In tandem, we continue to push forward the due diligence process for the
Tempiute Mine & Mill Project which, together with Pilot Mountain,
represents a significant portfolio of USA-based tungsten assets which
strategically position Guardian Metal to benefit from the resurgence of
USA-focused critical metals mining that we expect will gain significant
momentum over the next several years."
Desert Scheelite Highlights:
§ Laboratory assay results confirm multiple tungsten, copper, silver and zinc
rich intervals from the latest batch of results, including the two highest
tungsten intersections to date from the Project, 3.04% WO(3) (from 122.6m -
123.4m in drillhole PM24-022) and 3.01% WO(3) (from 62.3m - 63.1m in drillhole
PM24-023).
§ Drillhole PM24-022 highlight downhole intersections:
o 44.2m @ 0.234% W0(3), 17.0g/t Ag, 1,413ppm Cu & 0.74% Zn from 119.5 -
163.7m (44.2m @ 0.39% WO(3)Eq* or 1.45% CuEq**); including
- 3.7m @ 1.448% W0(3,) 21.0g/t Ag, 5,016ppm Cu & 3.33% Zn from
122.6 - 126.3m (3.7m @ 1.94% WO(3)Eq* or 7.27% CuEq**); and
- 8.3m @ 0.359% W0(3,)7.1g/t Ag, 3,987ppm Cu & 0.34% Zn from
155.4 - 163.7m (8.3m @ 0.52% WO(3)Eq* or 1.93% CuEq**).
§ Drillhole PM24-018 highlight downhole intersection :
o 20.4 @ 0.514% W0(3), 28.5g/t Ag, 5,578ppm Cu & 0.45% Zn from 119.3 -
139.7m (20.4m @ 0.78% WO(3)Eq* or 2.93% CuEq**).
§ Drillhole PM24-023 highlight downhole intersection :
3.8m @ 1.861% W0(3), 52.6g/t Ag, 6874ppm Cu & 0.59% Zn from 59.3 - 63.1m
(3.8m @ 2.25% WO(3)Eq* or 8.41% CuEq**).
(*,**)Copper and W0(3) Equivalent ("WO(3)Eq") are calculated using a tungsten
price of US $332.5/MTU, a zinc price of US$1.3448/lb, a copper price of
US3.9965/lb and a silver price of US$28.72/Oz.
Cautionary note: The metal equivalent calculations do not consider any
metallurgical factors and assume 100% recovery and 100% payability of all
metals, as a result the stated equivalents are provided for illustrative
purposes only.
Results
Table 1: 2024 Drillhole collar table (this RNS)
Hole ID Zone UTM Easting(#) UTM Northing(#) Azimuth (deg.) Dip (deg.) Down hole Depth (m)
PM24-018 Desert Scheelite 424297 4248353 187 -65 169.8
PM24-019 Desert Scheelite 424234 4248317 178 -59 65.4
PM24-020 Desert Scheelite 424255 4248320 179 -54 66.2
PM24-021 Desert Scheelite 424254 4248348 182 -54 107.4
PM24-022 Desert Scheelite 424234 4248358 178 -64 174.0
PM24-023 Desert Scheelite 424144 4248321 181 -48 74.1
PM24-024 Desert Scheelite 424369 4248337 180 -64 119.8
PM24-025 Desert Scheelite 424358 4248318 175 -75 130.1
PM24-026 Desert Scheelite 424219 4248325 180 -65 9.1
PM24-027 Desert Scheelite 424185 4248325 180 -55 60.0
PM24-028 Desert Scheelite 424185 4248327 184 -53 90.4
(#)UTM Zone 11 North NAD83 datum
Table 2: Significant Diamond Drillhole Assay Results(1)
Hole ID Downhole Depth (m) Interval (m) W WO3 Zn Ag Cu Intersection Composites
From To (ppm) a (%) b (%) c (g/t) a (ppm) a (w
ei
gh
te
d
av
er
ag
es
)
c
PM24-018 103.2 104.6 1.40 670 0.08 2.60 25.4 317 4.4m @ 0.08% WO(3), 0.02% Cu, 2.15% Zn & 39.3 g/t Ag
104.6 106.1 1.50 690 0.09 1.75 25.9 225
106.1 107.6 1.50 520 0.07 2.13 65.8 204
PM24-018 119.3 120.8 1.50 1,250 0.16 1.65 28.4 212 20.4m @ 0.51% WO(3), 0.56% Cu, 0.45% Zn & 28.5 g/t Ag
120.8 122.2 1.40 2,960 0.40 Δ 3.38 135.0 566
122.2 123.9 1.70 1,930 0.24 0.27 F 46.9 191
123.9 125.3 1.40 960 0.12 0.29 F 9.6 613
125.3 126.8 1.50 3,710 0.73 Δ 0.07 F 6.8 2,630
126.8 127.6 0.80 2,710 0.41 Δ 0.06 F 11.2 4,880
127.6 129.0 1.40 2,340 0.33 Δ 0.03 F 4.4 2,170
129.0 130.1 1.10 2,950 2.08 Δ 0.06 F 15.6 8,180
130.1 131.6 1.50 3,660 1.32 Δ 0.05 F 13.3 6,990
131.6 133.1 1.50 2,260 0.64 Δ 0.07 F 19.2 9,560
133.1 134.4 1.30 810 0.10 0.08 F 21.0 11,250
134.4 135.9 1.50 1,750 0.22 0.05 F 18.0 9,580
135.9 137.3 1.40 750 0.09 0.07 F 24.3 12,400
137.3 138.8 1.50 3,510 0.65 Δ 0.10 F 23.6 9,670
138.8 139.7 0.90 2,980 0.47 Δ 0.26 F 47.1 6,590
PM24-019 27.4 28.5 1.10 1,200 0.15 0.11 F 1.0 109 17.7m @ 0.18% WO(3), 0.06% Cu, 0.36% Zn & 4.3 g/t Ag
28.5 29.5 1.00 1,870 0.24 0.14 F 1.6 119
29.5 30.8 1.30 420 0.05 0.11 F 1.1 69
30.8 32.4 1.60 980 0.12 0.12 F 3.8 167
32.4 34.1 1.70 770 0.10 0.09 F 4.4 103
34.1 35.6 1.50 570 0.07 0.23 F 5.6 347
35.6 37.0 1.40 2,610 0.35 Δ 0.88 F 7.3 755
37.0 38.7 1.70 2,630 0.35 Δ 1.48 5.8 1,365
38.7 40.2 1.50 1,650 0.21 0.41 F 6.0 1,695
40.2 41.7 1.50 1,790 0.23 0.27 F 7.8 1,440
41.7 43.2 1.50 860 0.11 0.12 F 2.5 421
43.2 44.7 1.50 1,650 0.21 0.19 F 2.7 843
44.7 45.1 0.40 1,220 0.15 0.05 F 1.8 308
PM24-020 29.1 30.6 1.50 1,710 0.22 0.11 F 2.0 865 13.9m @ 0.26% WO(3), 0.06% Cu, 0.08% Zn & 2.4 g/t Ag
30.6 32.1 1.50 2,700 0.37 Δ 0.22 F 4.4 841
32.1 33.6 1.50 2,480 0.33 Δ 0.04 F 1.0 235
33.6 35.1 1.50 2,970 0.61 Δ 0.08 F 2.3 286
35.1 36.6 1.50 1,080 0.14 0.07 F 1.6 303
36.6 38.1 1.50 1,630 0.21 0.07 F 2.7 1,005
38.1 39.6 1.50 1,550 0.20 0.05 F 5.7 1,785
39.6 40.8 1.20 1,650 0.21 0.07 F 1.4 116
40.8 43.0 2.20 1,080 0.14 0.04 F 1.1 159
PM24-020 56.2 57.7 1.50 1,520 0.19 0.12 F 2.8 484 3.8m @ 0.24% WO(3), 0.04% Cu, 0.09% Zn & 2.5 g/t Ag
57.7 58.8 1.10 880 0.11 0.09 F 3.3 307
58.8 60.0 1.20 2,800 0.43 Δ 0.05 F 1.3 245
PM24-022 106.4 107.9 1.50 330 0.04 0.99 6.0 438 3.40m @ 0.05% WO(3), 0.07% Cu, 2.19% Zn & 56.3 g/t Ag
107.9 109.8 1.90 440 0.06 3.14 96.0 878
PM24-022 119.5 121.0 1.50 1,250 0.16 3.94 6.8 1,065 44.2m @ 0.23% WO(3), 0.14% Cu, 0.74% Zn & 17.0 g/t Ag
121.0 122.6 1.60 880 0.11 2.41 90.8 3,280
122.6 123.4 0.80 4,970 3.04 Δ 0.65 F 16.1 3,180 3.7m @ 1.45% WO(3), 0.50% Cu, 3.33% Zn & 21.0 g/t Ag
123.4 124.6 1.20 3,100 1.63 Δ 4.23 23.6 11,350
124.6 126.3 1.70 4,340 0.57 Δ 3.96 21.5 1,410
126.3 127.7 1.40 1,590 0.20 0.94 F 112.0 121
127.7 129.2 1.50 580 0.07 0.12 F 10.8 25
129.2 132.2 3.00 210 0.03 0.07 F - 30
132.2 135.2 3.00 840 0.11 0.11 F 17.2 160
135.2 136.7 1.50 260 0.03 0.03 F - 73
136.7 138.1 1.40 230 0.03 0.03 F 0.5 204
138.1 139.6 1.50 1,160 0.15 2.89 69.7 786
139.6 141.0 1.40 890 0.11 0.24 F 89.0 136
141.0 142.7 1.70 500 0.06 0.04 F - 46
142.7 145.4 2.70 180 0.02 0.12 F 0.8 70
145.4 148.4 3.00 80 0.01 0.09 F - 94
148.4 151.5 3.10 250 0.03 0.06 F 0.9 175
151.5 153.0 1.50 100 0.01 0.04 F - 69
153.0 154.2 1.20 100 0.01 0.04 F - 88
154.2 155.4 1.20 150 0.02 0.05 F 1.5 114
155.4 156.5 1.10 3,120 0.41 Δ 1.48 28.9 17,450 8.3m @ 0.36% WO(3), 0.40% Cu, 0.34% Zn & 7.1 g/t Ag
156.5 158.0 1.50 4,170 0.56 Δ 0.28 F 8.3 4,560
158.0 159.2 1.20 650 0.08 0.06 F 1.3 867
159.2 160.3 1.10 3,470 0.46 Δ 0.37 F 4.6 2,760
160.3 161.8 1.50 70 0.01 0.02 F - 116
161.8 163.0 1.20 760 0.10 0.13 F 3.7 564
163.0 163.7 0.70 8,560 1.37 Δ 0.22 F 4.6 3,040
PM24-023 40.9 42.4 1.50 2,470 0.31 Δ 1.46 2.0 769 7.5m @ 0.19 % WO(3), 0.05% Cu, 0.75% Zn & 2.0 g/t Ag
42.4 43.9 1.50 3,010 0.41 Δ 1.58 6.3 1,560
43.9 45.4 1.50 1,070 0.13 0.23 F 1.6 110
45.4 46.9 1.50 250 0.03 0.16 F - 103
46.9 48.4 1.50 420 0.05 0.32 F - 70
PM24-023 59.3 60.8 1.50 4,680 0.67 Δ 1.11 11.4 10,850 3.8m @ 1.86% WO(3), 0.69% Cu, 0.59% Zn & 52.6 g/t Ag
60.8 62.3 1.50 2,950 2.44 Δ 0.25 F 72.4 4,880
62.3 63.1 0.80 2,760 3.01 Δ 0.27 F 92.8 3,160
PM24-024 90.2 91.6 1.40 2,240 0.30 Δ 0.86 F 64.6 807 1.4m @ 0.30% WO(3), 0.08% Cu, 0.86% Zn & 64.6 g/t Ag
PM24-025 76.7 78.2 1.50 2,340 0.30 Δ 0.59 F 42.9 113 1.5m @ 0.30% WO(3), 0.01% Cu, 0.59% Zn & 42.9 g/t Ag
PM24-025 82.7 84.2 1.50 4,000 0.53 Δ 0.12 F - 111 5.9m @ 0.30% WO(3), 0.07% Cu, 0.36% Zn & 3.2 g/t Ag
84.2 85.6 1.40 1,770 0.22 0.16 F 2.5 390
85.6 87.1 1.50 860 0.11 0.65 F 9.7 1,940
87.1 88.6 1.50 2,600 0.34 Δ 0.49 F 0.6 279
PM24-025 96.1 97.6 1.50 1,560 0.20 0.56 F 4.2 308 3.0m @ 0.25% WO(3), 0.05% Cu, 0.88% Zn & 2.7 g/t Ag
97.6 99.1 1.50 2,380 0.31 Δ 1.20 1.2 741
PM24-027 51.3 52.8 1.50 1,520 0.19 0.21 F 44.3 244 6.0m @ 0.28% WO(3), 0.02% Cu, 1.35% Zn & 17.8 g/t Ag
52.8 54.3 1.50 1,690 0.21 0.77 F 20.2 159
54.3 55.8 1.50 2,620 0.35 Δ 4.10 5.3 202
55.8 57.3 1.50 2,800 0.38 Δ 0.31 F 1.5 65
PM24-028 53.9 55.4 1.50 2,570 0.33 Δ 3.90 28.0 1,205 4.1m @ 0.31% WO(3), 0.06% Cu, 2.66% Zn & 11.3 g/t Ag
55.4 57.0 1.60 1,820 0.23 3.11 2.4 350
57.0 58.0 1.00 3,050 0.41 Δ 0.10 F 0.5 21
PM24-028 63.2 65.5 2.30 1,520 0.19 0.97 F 14.3 914 2.3m @ 0.19% WO(3), 0.09% Cu, 0.97% Zn & g/t 14.3 g/t Ag
PM24-028 70.7 71.9 1.20 1,670 0.21 0.06 F 0.6 44 1.2m @ 0.21% WO(3), 0.06% Zn & 0.6 g/t Ag
PM24-028 74.9 76.4 1.50 2,100 0.28 Δ 0.39 F 23.2 1,190 1.5m @ 0.28% WO(3), 0.12% Cu, 0.39% Zn & 23.2 g/t Ag
Table 2 notes:
Summary of certificated assay results provided by accredited laboratory ALS
USA Inc
ppm: parts per million, 10,000 ppm = 1%
a: ALS method ME-ICP61;
b: WO(3) % calculated as W % multiplied by 1.2611
c: ALS method Zn-OG62
Δ: denotes WO(3) % calculated using W ppm (method ME-XRF15c)
F: denotes Zn % calculated using Zn ppm (method ME-ICP61)
A review of the Pilot Mountain assay database identified a change in the
laboratory assay method for overlimit tungsten (W-XRF10) to overlimit WO(3)
(ME-XRF15c) that was previously not flagged for drill holes PM24-014, PM24-016
& PM24-017, meaning that the overlimit samples for those holes were stated
as calculated WO(3) (W % multiplied by 1.2611) as opposed to assayed WO(3).
The WO(3) grades in bold type below and in the corresponding Table 3 are
corrected and restated from the announcement dated 26 November 2024.(2) All
zinc, silver, copper, and W (analysed via ME-ICP61) results remain unchanged.
§ PM24-017 downhole highlight drill intersections comprise:
o 46m @ 0.345% W0(3), 12.2g/t Ag, 2,476ppm Cu & 0.37% Zn from 66.4 -
112.4m (46m @ 0.48% WO3Eq* or 1.79% CuEq**); including
- 10.8m @ 0.558% W0(3)(,) 1.2g/t Ag, 684ppm Cu & 0.18% Zn from
66.4 - 77.2m (10.8m @ 0.60% WO3Eq* or 2.21% CuEq**); and
- 7.6m @ 0.727% W0(3)(,) 29.2g/t Ag, 10,982ppm Cu (1.098%) & 0.64%
Zn from 101.2 - 108.8m (7.6m @ 1.17% WO(3)Eq* or 4.33% CuEq**).
§ PM24-014 downhole highlight drill intersection comprises:
o 15.1m @ 0.133% W0(3), 45.2g/t Ag, 12,923ppm Cu (1.292%) & 0.65% Zn from
20.4 - 35.5m (15.1m @ 0.67% WO3Eq* or 2.49% CuEq**).
Table 3: 26 November 2024 Restated Assay Results
Hole ID Downhole Depth (m) Interval (m) W WO3 Zn Ag Cu Intersection Composites
From To (ppm) a (%) b (%) c (g/t) a (ppm) a (weighted averages) c
PM24-014 20.4 23.5 3.1 1,380 0.17 0.62 17.3 8,230 15.1m @ 0.133% WO(3), 45.2g/t Ag, 0.65 % Zn & 1.29 % Cu
23.5 25 1.5 1,260 0.16 0.49 30.7 9,940
25 26.5 1.5 2,210 0.31 Δ 0.86 105 50,200
26.5 27.8 1.3 860 0.11 0.67 48.2 11,950
27.8 30 2.2 600 0.08 0.97 142 3,480
30 31.5 1.5 140 0.02 0.53 5.9 468
31.5 32.8 1.3 130 0.02 0.64 5.7 782
32.8 34.3 1.5 1,570 0.20 0.41 7.6 30,600
34.3 35.5 1.2 720 0.09 0.49 18.3 7,180
PM24-015 25.3 26.8 1.5 1,750 0.22 0.58 5.8 1,315 7.0m @ 0.200% WO(3), 6.2 g/t Ag, 0.79% Zn & 0.18% Cu
26.8 28.3 1.5 1,860 0.23 1.21 F 8.9 2,880
28.3 29.3 1 1,730 0.22 0.42 4 1,110
29.3 32.3 3 1,320 0.17 0.81 5.8 1,700
33.8 34.8 1 1,070 0.13 0.71 18.2 10,350 2.5m @ 0.069% WO(3), 10.8 g/t Ag, 0.66% Zn & 0.97% Cu
34.8 36.3 1.5 200 0.03 0.62 5.9 9,300
PM24-016 78.3 79.8 1.5 1,700 0.21 0.04 1 336 4.6m @ 0.292% WO(3), 42.7 g/t Ag, 0.92% Zn & 0.05% Cu
79.8 81.4 1.6 2,210 0.30 Δ 1.16 F 1.7 366
81.4 82.9 1.5 2,800 0.36 Δ 1.56 F 128 802
PM24-017 66.4 68.1 1.7 5,290 1.50 Δ 0.16 4.3 2,030 10.8m @ 0.558% WO(3), 1.23 g/t Ag, 0.18% Zn & 0.07% Cu 46.0m @ 0.345% WO(3), 12.2 g/t Ag, 0.37% Zn & 0.25% Cu
68.1 69.6 1.5 2,770 0.82 Δ 0.52 2.3 832
69.6 71.1 1.5 1,870 0.24 0.04 - 75
71.1 72.7 1.6 3,260 0.42 Δ 0.05 - 446
72.7 74.2 1.5 1,770 0.22 0.16 1.2 359
74.2 75.7 1.5 1,460 0.18 0.11 - 169
75.7 77.2 1.5 3,080 0.41 Δ 0.23 0.5 711
77.2 78.7 1.5 1,570 0.20 0.2 - 130
78.7 80.6 1.9 1,290 0.16 0.37 - 99
80.6 82.1 1.5 150 0.02 0.06 2 29
82.1 83.5 1.4 110 0.01 0.03 - 32
83.5 85 1.5 1,240 0.16 0.18 0.6 65
85 86.5 1.5 670 0.08 0.07 - 81
86.5 88 1.5 1,490 0.19 0.64 14.9 633
88 91 3 1,660 0.21 0.09 1.2 163
91 92.5 1.5 1,290 0.16 0.38 1.6 83
92.5 93.7 1.2 2,530 0.33 Δ 1.86 F 4.9 273
93.7 95.2 1.5 240 0.03 0.07 2.6 27
95.2 96.6 1.4 20 0.00 0.04 - 24
96.6 98.1 1.5 550 0.07 0.7 32.1 354
98.1 99.7 1.6 2,310 0.32 Δ 1.3 F 124 225
99.7 101.2 1.5 1,170 0.15 0.57 5.6 2,220
101.2 102.7 1.5 2,490 0.32 Δ 0.27 7.9 992 7.6m @ 0.727% WO(3), 29.15 g/t Ag, 0.64% Zn & 1.10% Cu
102.7 103.6 0.9 3,340 1.51 Δ 0.74 13.6 5,040
103.6 104.7 1.1 2,640 0.66 Δ 0.25 4.8 2,000
104.7 105.9 1.2 2,690 1.58 Δ 1.78 F 31.9 16,950
105.9 107.3 1.4 3,210 0.47 Δ 0.75 19.3 8,680
107.3 108.8 1.5 2,160 0.27 Δ 0.23 84.6 28,500
108.8 109.4 0.6 240 0.03 0.12 24.4 12,050
109.4 111.1 1.7 1,780 0.22 0.07 1.9 880
111.1 112.4 1.3 2,650 0.35 Δ 0.1 10.2 5,730
Table 3 notes:
Summary of certificated assay results provided by accredited laboratory ALS
USA Inc
ppm: parts per million, 10,000 ppm = 1%
a: ALS method ME-ICP61;
b: WO(3) % calculated as W % multiplied by 1.2611
c: ALS method Zn-OG62
Δ: denotes WO(3) % calculated using W ppm (method ME-XRF15c)
F: denotes Zn % calculated using Zn ppm (method ME-ICP61)
Figure 1: 2024 drillhole plan map showing the location of all holes drilled to
date. Red drill collars represent holes for which assays have been reported,
yellow collars are holes still to be reported.
References
1: ALS USA Inc. analytical method utilised: ME-ICP61
for all samples, with ME-ICP61 overlimit samples also analysed using Ore Grade
packages Ag-OG62, Cu-OG62, Pb-OG62, Zn-OG62, and W-XRF15c for high-grade
tungsten.
2:
https://www.londonstockexchange.com/news-article/GMET/pilot-mountain-significant-drill-results/16781172
This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the
European Union (Withdrawal) Act 2018). The Directors of the Company are
responsible for the contents of this announcement.
COMPETENT PERSON STATEMENT
The technical information contained in this disclosure has been read and
approved by Mr Nick O'Reilly (MSc, DIC, MIMMM QMR, MAusIMM, FGS), who is a
qualified geologist and acts as the Competent Person under the AIM Rules -
Note for Mining and Oil & Gas Companies. Mr O'Reilly is a Principal
consultant working for Mining Analyst Consulting Ltd which has been retained
by Guardian Metal Resources plc to provide technical support.
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.goldenmetalresources.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
Broker
Damon Heath/Erik Woolgar
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