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RNS Number : 8628O Guardian Metal Resources PLC 30 June 2025
30 June 2025
Guardian Metal Resources plc
('Guardian Metal' or the 'Company')
Tempiute Mine Project - Significant Assay Results
Very High Grade Tungsten and Gallium Mineralisation Confirmed Across Multiple
High-Impact Project Areas
Guardian Metal Resources plc (LON:GMET, OTCQX:GMTLF), a strategic mineral
exploration development company focused on tungsten in Nevada, USA, is pleased
to announce assay results from the Tempiute tungsten project ("Tempiute" or
the "Project") and newly staked exploration targets. Tempiute, formerly known
as the Emerson Tungsten Mine, is located in south-central Nevada less than 250
miles (402 km) southeast of the Company's Pilot Mountain tungsten project.
As part of its systematic evaluation of Tempiute-historically one of the top
tungsten-producing mines in the United States-Guardian Metal has identified
multiple new zones of exposed tungsten mineralisation. Through direct claim
staking, the Company has significantly expanded its land position by staking
31 additional Bureau of Land Management ("BLM") Mining Claims. Geochemical
sampling of these newly identified areas has confirmed the presence of
significant tungsten mineralisation. As a result, the Company has further
strengthened its 100%-owned and optioned property portfolio across this
exciting district.
Guardian Metal engaged Dr. Lawrence Carter to conduct a geological field
review of the Tempiute Project and surrounding targets identified during the
Company's recently completed regional desktop exploration programme. Dr.
Carter's initial field observations, along with the Company's subsequent
staking of additional claims to secure newly verified targets, were announced
on 30 April 2025.(1)
Oliver Friesen, CEO of Guardian Metal, commented:
"These exciting results from Tempiute highlight how much untapped potential
remains in one of America's most historically significant tungsten districts.
As we continue advancing both Tempiute and Pilot Mountain at pace, Guardian
Metal remains focused on a clear mission: to bring mined tungsten supply back
to U.S. soil, reduce reliance on foreign sources, and help build a secure,
resilient domestic supply chain for the future."
HIGHLIGHTS
§ High grade tungsten mineralisation confirmed along >1,300 m
strike length of outcropping skarn at Tempiute where historic underground
mining was carried out up to 350m below surface. Rock chip samples returned
assay values up to 0.94% tungsten trioxide (WO(3)) (Table 1).
§ Notably, historical reports highlighted the gallium (Ga) potential
across Tempiute but this metal was not routinely assessed. The Company's 2025
sampling has confirmed significant gallium results across the historically
mined horizon with samples up to 90 ppm Ga.
§ High grade tungsten and gallium skarn mineralisation confirmed at
newly claimed exploration targets named the 'East Zone' located along the east
margins of the Tempiute north quartz monzonite stock including results up to
1.2% WO(3) with 90 ppm Ga and 0.87% WO(3) with 100 ppm Ga (Table 1). The 'East
Zone' represents a new high-impact underexplored area for future exploration
that is 100% owned.
§ New grab samples from "truck-ready" historic ore stockpiles contain
up to 0.40% WO(3) and 60 ppm Ga, and samples from a sulphide rich
stockpile contained up to 7,960 ppm Zn. These supplement previous stockpile
samples of up to 1.50% WO(3) and 70 ppm Ga (Table 2).
§ Auger sampling of the historical Tempiute tailings material has
identified strongly elevated results for gallium, tungsten and zinc down the
entire 9.75 m deep auger hole (Table 3). Further auger test holes have already
been commissioned and are underway.
§ Porphyry-style Mo mineralisation confirmed with zones of stockwork
quartz-molybdenite-pyrite veins in quartz-sericite-pyrite (QSP) altered quartz
monzonite veins containing up to 4,300 ppm Mo. Both north and south quartz
monzonite intrusions are geochemically 'fertile' from a porphyry system
perspective and further details will be covered in a future announcement.
§ High grade tungsten skarn mineralisation confirmed at the newly
staked Worthington system with highlight results up to 2.66% WO(3) along
with 1.39% Zn and 2,110 ppm Mo (Table 4).
HIGH GRADE TUNGSTEN AND GALLIUM SKARN MINERALISATION AT TEMPIUTE
At the Tempiute mine area, garnet-pyroxene skarn was traced in outcrop for
over a 1,300 m distance, along the contact between the south Cretaceous-aged
quartz monazite intrusion and the host limestones. Rock chip samples were
collected along the entire 1,300 m outcrop. Geochemical analysis confirmed
consistent results >0.19% WO(3) along the strike length, with sample
highlights of up to of 0.94% WO(3). Significantly, gallium (Ga) is also
consistently >60 ppm along the strike length, with an individual sample
returning a high of 90 ppm Ga (Table 1).
Dr. Carter's fieldwork identified multiple new zones of outcropping garnet
skarn mineralisation along the southern, eastern, and northern margins of the
north quartz monzonite stock. These newly discovered zones were subsequently
secured through additional BLM claim staking by the Company. Rock-chip samples
collected from these outcrops and newly acquired claims returned very
high-grade tungsten and encouraging gallium values, including 1.20% WO₃ with
90 ppm Ga and 0.87% WO₃ with 100 ppm Ga. While some of these skarns show
signs of limited historical mining, others appear entirely unworked. No
evidence of past drilling was observed, suggesting these zones remain largely
unexplored. As such, these new claims present a significant opportunity for
Guardian Metal to enhance the value of the broader Project area.
Table 1: Summary of selected rock chip samples of outcropping skarn from
across the Tempiute project.
Sample ID Latitude Longitude Lithology WO(3) (%) Zn (ppm) Mo (ppm) Ga (ppm)
LC-TP-03* 37.62968 -115.62927 Skarn, gossanous 0.94 539 65 10
LC-TP-05 37.65063 -115.63186 Skarn, coarse Mo 0.02 403 50 60
LC-TP-06 37.64087 -115.63178 Garnet skarn 0.22 12200 98 90
LC-TP-15 37.63397 -115.63085 Skarn, gossanous 0.24 171 12 40
LC-TP-17 37.63340 -115.63028 Garnet skarn 0.11 202 11 70
LC-TP-18 37.63452 -115.63161 Garnet skarn 0.78 1315 703 60
LC-TP-19 37.63487 -115.63135 Garnet skarn 0.02 220 3 30
LC-TP-20 37.63621 -115.63325 Skarn, coarse Mo 0.03 1230 4190 20
LC-TP-23 37.64268 -115.62888 Garnet skarn 0.03 577 45 30
LC-TP-24 37.64269 -115.62890 Garnet skarn 0.70 22300 88 80
LC-TP-26 37.64131 -115.63099 Banded skarn 0.09 1530 10 50
LC-TP-29 37.64012 -115.63236 Garnet skarn 0.25 1075 9 70
LC-TP-30 37.63220 -115.62864 Garnet skarn 0.02 310 9 70
LC-TP-31* 37.63195 -115.62870 Garnet skarn 0.04 181 7 50
LC-TP-32* 37.63141 -115.62754 Garnet skarn 0.13 162 10 60
LC-TP-33* 37.63118 -115.62632 Gossan 0.37 6260 88 10
LC-TP-35* 37.62960 -115.62740 Gossan 0.27 3130 153 10
LC-TP-41* 37.65316 -115.62138 Garnet skarn 0.02 822 4 70
LC-TP-42* 37.65155 -115.62095 Garnet skarn 0.01 438 2 50
LC-TP-43* 37.65092 -115.62080 Garnet skarn 1.20 4230 38 90
LC-TP-45* 37.64517 -115.62265 Garnet skarn 0.87 4720 60 100
LC-TP-46* 37.64530 -115.62312 Garnet skarn 0.05 1760 15 50
LC-TP-50* 37.65661 -115.62527 Garnet skarn 0.03 669 15 40
LC-TP-52 37.64216 -115.62949 Garnet skarn 0.13 15050 53 40
LC-TP-53 37.64218 -115.62946 Gossanous veins 0.59 403 157 30
Analysis by ALS' ME-ICP61. Samples over >1500 ppm W (>0.19 % WO(3))
re-run by ALS' XRF15c. W concentrations determined by ICP-AES converted to %
WO(3) by stoichiometric calculation.
STOCKPILES
New grab rock samples were collected from the numerous historical ore
stockpiles around the Project. Individual samples from a stockpile located
immediately adjacent to the crusher site, include: 0.16% WO(3) with 60 ppm Ga,
0.33% WO(3) with 40 ppm Ga and 3.97% Zn, and 0.40% WO(3). Two grab samples
collected from a separate sulphide/gossan rich stockpile, recently claim
staked by the Company, contain 7,960 ppm Zn with 0.04% WO(3), and 3,020 ppm Zn
with 0.08% WO(3) ppm (Table 2). These add to stockpile samples previously
collected by the Company and reported on 18 December 2024(2) (Table 2) which
included up to 1.50% WO(3) and 70 ppm Ga.
These stockpiles are alongside the existing roads and are deemed, by the
Company, to be "truck-ready" for transport to a processing facility. Guardian
is exploring potential options to process this material in the shortest
timeframe possible, given that they could represent the only domestic primary
mined source of tungsten in the USA.
Table 2: Summary of selected grab samples collected from Tempiute stockpiles.
Sample ID Latitude Longitude Sample Description WO3 (%) Zn (ppm) Cu (ppm) Ga (ppm)
LC-TP-09 37.63723 -115.62363 Gossan stockpiled 0.04 7960 214 10
LC-TP-10 37.63777 -115.62342 Gossan stockpiled 0.08 3020 90 20
LC-TP-14 37.63449 -115.63111 Garnet skarn stockpiled 0.15 282 1 30
LC-TP-39 37.63934 -115.63264 Garnet skarn stockpiled 0.33 39700 30 40
LC-TP-40 37.63917 -115.63282 Garnet skarn stockpiled 0.16 444 18 60
LC-TP-54 37.65091 -115.63121 Coarse Garnet skarn stockpiled 0.01 279 3 40
LC-TP-55 37.65078 -115.63142 Banded skarn stockpiled 0.40 1025 65 10
OF-01* 37.65069 -115.63148 Gossanous skarn, stockpiled 0.37 1320 628 20
OF-02* 37.65065 -115.63142 Gossanous skarn, stockpiled 0.55 523 479 20
OF-03* 37.64212 -115.62945 Semi-massive sulphide, stockpiled 0.25 213 3580 20
OF-04* 37.64214 -115.62943 Garnet skarn, stockpiled 0.04 139 43 80
OF-05* 37.63454 -115.63109 Skarn, coarse Mo, stockpiled 0.11 648 24 30
OF-06* 37.63454 -115.63109 Garnet skarn, stockpiled 0.48 2960 22 20
OF-07* 37.63644 -115.63382 Garnet skarn, stockpiled 1.50 3720 32 60
OF-09* 37.63643 -115.63381 Semi-massive sulphide, stockpiled 0.31 238 805 10
OF-10* 37.63643 -115.63381 Semi-massive sulphide, stockpiled 0.03 259 1975 10
OF-11* 37.63952 -115.63238 Gossanous skarn, stockpiled 0.36 768 1905 20
OF-13* 37.63958 -115.63255 Garnet skarn, stockpiled 0.31 220 17 60
OF-14* 37.63957 -115.63255 Semi-massive sulphide, stockpiled 0.01 366 1740 20
OF-15* 37.63920 -115.63256 Garnet skarn, stockpiled 0.94 5510 24 70
Analysis by ALS' ME-ICP61. Samples over >1500 ppm W (>0.19 % WO(3))
re-run by ALS' XRF15c. W concentrations determined by ICP-AES converted to %
WO(3) by stoichiometric calculation.
*Previously collected samples, partly reported by the Company 18 December
2024(2)
TESTING OF TAILINGS
The Company completed the first ever known sampling of the historical Tempiute
mine tailings material with a view to assess the potential to re-process that
material. A total of two auger holes, in a single location have been completed
to date, the first hole , DH-01, was shut down early due to technical issues,
auger hole DH-02 resampled the same location.
Across DH-02 a total of 9.75 m (32 feet) were sampled with assay results
returning highly elevated gallium, zinc and tungsten throughout the auger
hole, including highlight assays up to 745 ppm WO(3), 4,560 ppm Zn and 43 ppm
Ga. Of particular note is the consistently elevated Ga results throughout the
auger hole. In light of these positive results, the Company has expanded the
sampling programme with further test auger holes currently in progress and
with analytical results to follow. A key next step, following the receipt of
additional results, will be to assess the metallurgy and evaluate processing
options for recovering residual metals from the tailings. Planning is
currently underway to advance this phase of the programme.
Table 3: Summary of selected Tempiute historic tailings drilling results.
Sample ID Hole Latitude Longitude WO(3) (ppm) Zn (ppm) Ga (ppm)
TP-T-03 DH-02 37.65941 -115.64525 745 4840 30.3
TP-T-05 DH-02 37.65941 -115.64525 510 4560 34.4
TP-T-07 DH-02 37.65941 -115.64525 355 3090 41.5
TP-T-09 DH-02 37.65941 -115.64525 292 2560 43.2
TP-T-11 DH-02 37.65941 -115.64525 239 2390 42.4
W and Ga analysis by ALS' ME-MS81. W concentrations determined by ICP-MS
converted to % WO(3) by stoichiometric calculation. Zn by ALS' ME-MS61L.
HIGH GRADE TUNGSTEN SKARN MINERALISATION CONFIRMED AT NEWLY STAKED SATELLITE
CLAIMS, WORTHINGTON
The Company's regional exploration programme led to BLM Mining Claim staking
of the Worthington skarn system, 34 km north of Tempiute, in the Worthington
Mountains. During the programme Dr Carter mapped and sampled the outcropping
garnet-pyroxene skarn for a c. 400 m distance at a granite-limestone contact
along a ridge side. The area appears to be completely unexplored beyond one
very short adit and shaft.
Highlights from the rock-chip samples of the mineralised skarn include: 2.66%
WO(3) with 1.39% Zn and 2,110 ppm Mo; and 1060 ppm Zn with 9.1 g/t Ag (Table
4).
The Company is following up these very promising assay results with further
detailed geological field work to better delineate and understand the high
grade tungsten skarn mineralisation across the Worthington claims.
Table 4: Summary of selected rock chip samples of outcropping skarn at
Worthington
Sample ID Latitude Longitude WO3 (%) Zn (ppm) Ag (g/t) Cu (ppm) Mo (ppm)
LC-WRT-01 37.95870 -115.61130 2.66 13850 <0.5 25 2110
LC-WRT-07 37.95487 -115.61055 <0.1 1060 9.1 11 1
ANALYTICAL METHODS
The samples from outcrop and stockpiles were assayed by ALS Laboratories
method ME-ICP61 (four acid digest followed by ICP-AES). High grade tungsten
samples (>1,500 ppm W) were re-run by ALS method XRF15c (XRF after Li
borate fusion), which provides a much more effective digestion of scheelite
than four acid digest, and therefore provides a better representation of
actual tungsten concentration.
Auger samples from the Tempiute tailings were analysed by ALS method ME-MS61L
(ICP-MS after four acid digest) and ALS' MS81 (ICP-MS after Li fusion).
MEDIA
Figure 1: Tempiute Overview Map
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.
REFERENCES
(1)
https://www.londonstockexchange.com/news-article/GMET/tempiute-mine-project-geological-update/17012358
(https://www.londonstockexchange.com/news-article/GMET/tempiute-mine-project-geological-update/17012358)
(2)
https://www.londonstockexchange.com/news-article/GMET/tempiute-mine-mill-project-due-diligence-update/16816727
(https://www.londonstockexchange.com/news-article/GMET/tempiute-mine-mill-project-due-diligence-update/16816727)
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.
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
Lead Broker
Damon Heath/Erik Woolgar
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