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REG - Guardian Metal Rsrc. - Pilot North: Very-High Grade Assay Results

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RNS Number : 1066B  Guardian Metal Resources PLC  29 September 2025

29 September 2025

Guardian Metal Resources plc

('Guardian Metal' or the 'Company')

Pilot North: Very-High Grade Assay Results

Guardian Metal Resources plc (LON:GMET, OTCQB:GMTLF), a strategic development
and mineral exploration company focused on tungsten in Nevada, USA, is pleased
to provide an exploration update for the recently acquired, 100%-owned, Pilot
North tungsten-copper project ("Pilot North" or the "Project"), located in the
Walker Lane Mineral Belt, approximately 15km northwest of the Company's Pilot
Mountain project, in Nevada.

The Company's mission is to establish Guardian Metal as a cornerstone of U.S.
tungsten supply, directly supporting national efforts to reshore production of
this critical defence mineral. With tungsten designated as a strategic
priority by the U.S. government, the Company is advancing its two flagship
Nevada projects-Tempiute and Pilot Mountain. By unlocking domestic tungsten
resources, Guardian Metal aims to help reduce reliance on foreign supply
chains, strengthen U.S. economic and defence security, and deliver long-term
value for shareholders.

The Company has now received the assay results for 92 rock chip samples
collected during geological fieldwork following the recent staking of Pilot
North through direct mining claim staking totalling 102 new Bureau of Land
Management ("BLM") Lode Claims, announced 13 August 2025.(1) The Project was
established as a direct result of the Company's ongoing regional exploration
programme.

Oliver Friesen, CEO of Guardian Metal, commented:

"I am very pleased with the progress we have made on Pilot North since our
initial staking just a few months ago. The combination of both the high tenor
and consistency of the rock chip assay results-particularly in copper, silver,
and tungsten-across much of the Project area is very encouraging and, in our
view, underscores the potential importance of this developing opportunity for
the Company.

"Importantly, this Project is 100% owned by Guardian Metal, royalty free.
Conveniently, it is also 15 km away from Pilot Mountain and shares the same
access road.

"We look forward to continuing to move this opportunity forward rapidly,
alongside the important work that is currently ongoing at both Pilot Mountain
and Tempiute."

 

TECHNICAL SUMMARY

§ Pilot North includes the historical World War II-era mines of "Copper
Head", "Western Metals", "Muller Mountain", "Jasper" and "Tungsten Valley",
each with extensive outcropping tungsten (W) - copper (Cu) bearing skarns at
the contact of granitic intrusions with limestones of the Luning Formation
(i.e. the same geology as the Company's Pilot Mountain project).

 

§ Notably, very high-grade copper, silver, tungsten, zinc and strongly
anomalous lead, gallium and gold was returned from multiple areas within the
Project including (Table 1):

 

o 31 overlimit copper assay results including: 14.65%, 10.6%, 9.21%, 8.86%,
7.22%, 6.92%, 6.89%, 6.78%, 6.7%, 6.27%, 5.56% and 5.3% Cu.

 

o 12 overlimit silver assay results including: 708 g/t, 538 g/t, 496 g/t, 319
g/t, 284 g/t, and 276 g/t Ag.

 

o 13 overlimit tungsten trioxide (WO(3)) assay results including: 0.59%,
0.46%, 0.40%, 0.36%, and 0.36% WO(3).

 

o Additionally, gold results up to 1.025 ppm Au, gallium results up to 49 ppm
Ga, zinc results up to 12% Zn, and lead results up 3.81% Pb.

 

§ The Company shortly will be undertaking detailed geological mapping of the
most prospective areas to guide the next exploration steps which may include
geophysical surveys and diamond drilling.

 

BACKGROUND

Pilot North is located approximately 15 km northwest of the Company's
co-flagship Pilot Mountain project and shares the same road access. Pilot
North comprises five distinct areas: Copper Head, Western Metals, Muller
Mountain, Tungsten Valley and Jasper. The Company considers that these all
represent genetically related tungsten-copper-polymetallic skarn
mineralisation at the contacts of granitic intrusions with limestones of the
Luning Formation, a similar geological setting to the deposits at Pilot
Mountain.

Following initial reconnaissance and staking of Pilot North, the Company's
expert geological consultant, Dr Lawrence Carter, undertook detailed
geological mapping and sampling across the Project to characterise the
mineralisation and to develop strategies to advance Pilot North as a satellite
to the Company's flagship Pilot Mountain project. From this fieldwork, 92 rock
chip sampled were assayed at ALS USA Inc laboratories using the following
analytical packages: ME-MS61 for multielement, Au-ICP21 for gold, ME-XRF15c
for high grade WO(3) and  Ag/Cu/Pb/Zn-OG62 for overlimit samples (see Table
1).

Table 1. Summary of Rock Chip Sample Assay Results

 SAMPLE          Au                   Ag                           Ag                    Cu                          Cu                   Pb                          Pb         Ga                    Zn                  Zn               WO3
 Unit            ppm                  ppm                          ppm                   ppm                         %                    ppm                         %          ppm                   ppm                 %                %
 ALS Lab Method  Au-ICP21             ME-MS61                      Ag-OG62               ME-MS61                     Cu-OG62              ME-MS61                     Pb-OG62    ME-MS61               ME-MS61             Zn-OG62          ME-XRF15c
 LCCH01                                           0.13                                                8                                                3                                23                    25
 LCCH02                                         52.90                                                                        2.58                    12                                 31                  336
 LCCH03                                         81.20                                                                        4.01                      4                                23               1,990
 LCCH04                                         55.20                                                                        3.34                      4                                13               1,450
 LCCH05                                           3.13                                         1,840                                                   3                                17                  188
 LCCH06                                                                     115                                              2.29                  155                                  11                  554
 LCCH07                                         86.10                                                                        2.56                      5                                12                                       1.17
 LCCH08                                           2.61                                            754                                                  8                                17                  420
 LCCH09                                           0.45                                            141                                                13                                 32                  373
 LCCH10                                         30.70                                                                        5.56                  251                                  12                                       1.15
 LCCH11                  1.03                   97.00                                                                        2.80                      4                                24                  578
 LCCH12                  0.05                   12.05                                          3,910                                                   3                                24                  182
 LCCH13                  0.01                     5.45                                         1,860                                               207                                  18                  648
 LCCH14                                                                     201                                            14.65                2,850                                     2                                      1.30
 LCCH15                                                                     708                7,970                                                                     3.81           17               2,880
 LCCH16                                                                     231                2,080                                            6,260                                   17               3,060                                      0.19
 LCCH17                                                                     538                   658                                                                    3.19           18               9,210                                      0.59
 LCCH18                  0.05                   48.50                                                                        2.27                  130                                  24                  236
 LCCH19                                           3.46                                            188                                              209                                  16                    89
 LCCH20                                           2.33                                         1,120                                                 48                                 16                  161
 LCCH21                                           0.61                                                                       5.30                    13                                   1                 733
 LCCH22                                           1.22                                         6,020                                                 19                                 34                  141
 LCCH23                                           0.44                                                                       7.22                      7                                14                  442
 LCCH24                                         13.50                                          2,320                                                   8                                15                    46
 LCCH25                                           1.85                                            918                                                10                                 18                    47
 LCCH26                                           2.94                                            624                                                84                                 29                  170
 LCCH27                                           0.75                                            601                                                11                                 18                    31
 LCJA01                                         41.00                                             123                                           1,520                                   14                    46
 LCJA02                                           0.30                                              58                                               16                                 17                      6
 LCJA03                                           1.04                                              65                                               19                                   6                   11
 LCJA04                                           0.21                                              41                                               14                                   1                   28
 LCJA05                                           4.38                                         1,055                                                   8                                  2                 981
 LCMM01                  0.01                     0.93                                            429                                                  3                                20                  384
 LCMM02                                           4.44                                         7,180                                                   5                                16                  753
 LCMM03                                           1.26                                         1,205                                                   5                                11                  291
 LCMM04                  0.01                     4.05                                         2,290                                                 13                                 19                  179
 LCMM05                                           0.76                                            286                                                  5                                20                     73
 LCMM06                                           6.22                                         1,140                                                 11                                 21                     68
 LCMM07                  0.00                     1.62                                                                       1.76                      4                                31                   346                                    0.14
 LCMM08                                           0.19                                            172                                                  4                                34                     23
 LCMM09                                         24.50                                                                        1.87                      4                                10                                       1.36
 LCMM10                                           0.81                                            857                                                  6                                22                  633
 LCMM11                  0.10                                               319                                              6.78               1,530                                     7              2,080                                      0.14
 LCMM12                                           1.24                                            222                                                11                                 18                  336
 LCMM13                                           1.81                                            463                                                18                                 14                  118
 LCMM14                                           0.26                                              89                                               13                                 16                  139
 LCMM15                                           0.35                                            143                                                13                                 13                  116
 LCMM16                                           5.59                                         1,405                                                 27                                 16                  306
 LCMM17                  0.12                   79.90                                                                        2.08                  457                                    3              4,590                                      0.11
 LCMM18                                           2.77                                            670                                                73                                 17               1,665
 LCMM19                                         59.00                                                                        3.05                  691                                  12                                       1.57
 LCMM20                                         59.80                                                                        1.29                    78                                   7              2,360
 LCMM21                  0.00                     8.35                                         1,470                                               231                                    2                                      1.03
 LCMM22                                         84.90                                                                        9.21                  102                                  14                                     12.00                0.46
 LCMM23                                                                     496                                              6.70               1,920                                     3              4,660
 LCMM24                                                                     215                                              8.86                    31                                   7              9,990                                      0.19
 LCMM25                                           6.59                                         1,450                                                 47                                 22                  250
 LCMM26                                                                     284                                              6.92                    39                                    8                                     1.61
 LCMM27                                           2.43                                         2,530                                                 21                                 18               1,375
 LCMM28                                         37.80                                                                        2.95                    84                                 32               1,265
 LCMM29                                           0.40                                            155                                                  3                                46                  233
 LCMM30                                                                     133                                              2.99                  688                                  36               6,560                                      0.36
 LCTV01                                           0.49                                            248                                                32                                 18                  167                                     0.24
 LCTV02                                           2.32                                            791                                                23                                 50                  209
 LCTV03                                         30.90                                          8,120                                               986                                  34                  534                                     0.19
 LCTV04                                           3.69                                         1,290                                               243                                  10                  551
 LCTV05                                         24.50                                             351                                           1,810                                     9                 335                                     0.27
 LCTV06                                         14.15                                          1,770                                                 14                                 16                  101
 LCTV07                                           0.48                                            354                                                15                                 16                    64
 LCWM01                                                                     276                                              4.51               1,275                                   35               2,880
 LCWM02                                           7.19                                         3,220                                                 32                                 44                  358
 LCWM03                                         25.10                                                                        3.09                      9                                16               1,875
 LCWM04                  0.07                                               132                                              6.89                    31                                 12               1,120
 LCWM05                                           0.61                                            395                                                  4                                12                    62
 LCWM06                  0.01                   33.80                                                                        2.48                    23                                 10               1,085
 LCWM07                  0.01                     6.81                                                                       6.27                      3                                  6              1,955
 LCWM08                                         19.30                                                                        4.12                      3                                20               6,890
 LCWM09                                           0.34                                            730                                           1,030                                     3                                      1.52
 LCWM10                  0.04                     0.80                                         7,620                                                   6                                18               3,270
 LCWM11                  0.18                   68.50                                             668                                           8,030                                     2                 980
 LCWM12                  0.53                   14.55                                             304                                           1,705                                     2                 234
 LCWM13                  0.13                   71.60                                             131                                           2,460                                     1                 209
 LCWM14                  0.53                   94.40                                                                        1.06               3,840                                     1                 284
 PZMM01                                         91.20                                                                      10.60                     21                                 10               2,700
 PZMM02                                           0.64                                            361                                                22                                 24                    75
 PZMM03                                           0.91                                            740                                                  8                                28                    85
 PZMM04                                           0.16                                              65                                               12                                 18                    83
 PZMM05                                           0.19                                              49                                                 6                                22                  100
 PZMM06                                           0.11                                              23                                               10                                 19                    73
 PZMM07                  0.05                   24.20                                          3,740                                                   7                                27                  241                                     0.36
 PZMM08                                         25.10                                          3,900                                                   7                                27                  257                                     0.40
 HRWM0625                                         0.35                                            237                                                11                                 42                  253

Table Notes : Summary of certificated assay results provided by accredited
laboratory ALS USA Inc. ppm: parts per million, 10,000 ppm = 1%

 

MEDIA

Figure 1. Example of copper oxide rich garnet skarn outcropping on the Pilot
North project.

 

Figure 2. Example of historical mine workings on the Pilot North project
targeting garnet skarns.

 

Figure 3. Visible light and ultraviolet (UV) light view of copper oxide and
scheelite rich skarn from the Muller Mountain area.

 

PROPERTY OWNERSHIP

Guardian Metal holds a royalty free, 100% interest in the Pilot North Project,
through its wholly-owned Nevada operating company, Golden Metal Resources LLC.

 

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 a 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 to provide technical support.

References

 

1              Company Announcement, Pilot North: Enlargement
following Assay Results, dated 13 August 2025

(
https://polaris.brighterir.com/public/guardian_metal_resources/news/rns/story/w106z3r
(https://polaris.brighterir.com/public/guardian_metal_resources/news/rns/story/w106z3r)
)

 

2              Company Announcement, Pilot North Tungsten Project
Acquired via Staking, dated 7 July 2025   (
https://polaris.brighterir.com/public/guardian_metal_resources/news/rns/story/wveg0px
(https://polaris.brighterir.com/public/guardian_metal_resources/news/rns/story/wveg0px)
)

 

 

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).

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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