REG - Guardian Metal Rsrc. - Significant Gallium Potential Identified

Guardian Metal ResourcesAnnouncement

15/04/2025 10:15

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RNS Number : 0951F  Guardian Metal Resources PLC  15 April 2025

15 April 2025

Guardian Metal Resources plc

('Guardian Metal' or the 'Company')

Significant Gallium Potential Identified

Guardian Metal Resources plc (LON:GMET, OTCQX:GMTLF), a strategic development
and mineral exploration company focused on tungsten in Nevada, USA, is pleased
to announce an update covering the Company's Pilot Mountain and Tempiute
tungsten projects, both located in mining friendly Nevada, USA.

Highlights:

 

§ In light of references noted in the recently acquired historical Tempiute
dataset relating to gallium (Ga) potential, the Company immediately initiated
a gallium sampling programme covering both Tempiute and Pilot Mountain.

 

§ At Tempiute, 9 samples collected during the Company's initial due diligence
sampling programme were selected for analysis, while at Pilot Mountain, 11
drill core samples from the ongoing 2024/2025 drilling campaign were chosen.

 

§ While the sample size remains limited at this stage, initial results from
both Pilot Mountain and Tempiute point to what appears to be potentially
significant gallium mineralisation and, with the results in hand, the Company
will be sampling a larger sample size to further develop its understanding of
this critical metal.

 

§ At Pilot Mountain, results range from 9.4g/t Ga to 62.5g/t Ga with an
average result of 26.7g/t Ga and at Tempiute results range from 11.95g/t Ga to
67.8g/t Ga with an average grade of 30.6g/t Ga (see Table 1).

 

§ Similar to tungsten, gallium is a metal which currently has export
restrictions from China in place, and of which the U.S. has no domestic mined
production and as a result is 100% import reliant.

 

§ If the follow on work is successful, gallium could represent another mined
co-product alongside tungsten and, of particular importance, a metal which the
U.S. requires across defence, telecommunications and renewable energy sectors.

Oliver Friesen, CEO of Guardian Metal, commented:

"Following references to gallium noted in historical documentation at Tempiute
and given the geological similarities we have seen across Tempiute and Pilot
Mountain, we swiftly launched a focused gallium sampling programme across both
projects,. Initial results are highly encouraging, with gallium grades
averaging 30.6 g/t at Tempiute and 26.7 g/t at Pilot Mountain. While still
early, these findings suggest the presence of potentially significant gallium
mineralisation. Given gallium's critical role in defence, telecommunications
and renewable energy-and the fact that the U.S. currently has no domestic
mined production-we see strong strategic merit in expanding our sampling
efforts. Should further work confirm these results, gallium could emerge as a
strategic co-product alongside our primary focus on tungsten."

 

Table 1: Gallium Assay Results for Selected Rock and Drill Core Samples

 

 Project         Sample ID  Easting (UTM)  Northing (UTM)  Ga (g/t) by ME-MS61L  WO(3) (%) ME-ICP61 /  Note  Drill Hole ID / sample type  From (m)  To (m)
 Tempiute        001        620916         4166992         13.25                 0.37                  #     rock sample
                 002        620918         4166994         16.90                 0.55                  #     rock sample
                 003        620784         4166149         19.25                 0.27                  #     rock sample
                 006        620580         4166355         15.15                 0.48                  #     rock sample
                 007        620581         4166355         57.10                 1.50                  #     rock sample
                 009        620662         4166700         11.95                 0.31                  #     rock sample
                 011        620647         4166706         15.40                 0.36                  #     rock sample
                 013        620647         4166664         59.00                 0.31                  #     rock sample
                 015        620720         4166955         67.80                 0.94                  #     rock sample
 Pilot Mountain  M434557                                   11.05                 3.04                  ~     PM24-022                     122.6     123.4
                 M434558                                   11.10                 1.63                  ~     PM24-022                     123.4     124.6
                 J339584                                   42.80                 0.21                  #     PM24-001                     121.5     123
                 J339583                                   41.10                 0.12                  #     PM24-001                     120       121.5
                 J339563                                   62.50                 0.44                  *     PM24-001                     98.1      99.7
                 M434737                                   27.00                 0.35                  ~     PM24-027                     54.3      55.8
                 M434623                                   19.30                 2.44                  ~     PM24-023                     60.8      62.3
                 M434624                                   25.60                 3.01                  ~     PM24-023                     62.3      63.1
                 M069839                                   23.40                 1.58                  ~     PM24-017                     104.7     105.9
                 M069836                                   20.60                 1.51                  ~     PM24-017                     102.7     103.6
                 M069809                                   9.40                  1.50                  ~     PM24-017                     66.4      68.1

 

Table Notes: ALS Chemex analytical results stated for Ga (ppm) for method
ME-MS61L, and W0(3) by ME-XRF15c (~), W-XRF10 (*) or ME-ICP61 (#). Average of
Ga (g/t) ME-MS61L for Tempiute = 30.64 g/t Ga; for Pilot Mountain 26.71 g/t
Ga. 1 part per million (ppm) = 1 gramme per tonne (g/t).

 

Further Information

 

Gallium is a metal element that does not exist freely in the Earth's crust,
and which is produced exclusively as a by-product during the processing of the
ores of other metals. Its main source material is bauxite (an aluminium ore),
but minor amounts are also extracted from zinc bearing minerals such as
sphalerite. Gallium compounds are used in the manufacture of semiconductor
wafers used in integrated circuits for defence applications, high-performance
computers, and telecommunications equipment, and optoelectronic devices, which
include laser diodes, light-emitting diodes (LEDs), photodetectors and solar
cells.(1, 2)

 

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).

 

 

References

 

1:            Gallium, Wikipedia page (
https://en.wikipedia.org/wiki/Gallium (https://en.wikipedia.org/wiki/Gallium)
)

 

2:            Gallium - Mineral Commodity Summaries 2024, United
States Geological Survey

( https://pubs.usgs.gov/periodicals/mcs2023/mcs2023-gallium.pdf
(https://pubs.usgs.gov/periodicals/mcs2023/mcs2023-gallium.pdf) )

 

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  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)
 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

 

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