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Pilot Mountain - Significant Drilling Results

3 Mar 2025 07:00

RNS Number : 0162Z
Guardian Metal Resources PLC
03 March 2025
 

03 March 2025

Guardian Metal Resources plc

('Guardian Metal' or the 'Company')

Pilot Mountain - Significant Drilling Results

Desert Scheelite: Further Very High-Grade Tungsten & Silver 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 at the Desert Scheelite zone covering PM24-029 to PM24-039 (Table 1) with some further very high-grade tungsten and silver results being intersected (Table 2). To date, 51 drillholes have been completed.

The final planned drillholes into Desert Scheelite will be completed in the following weeks following which attention will be turned to geotechnical drilling to support the planned pre-feasibility study. The Company is also finalising the first ever geological model for the Gunmetal zone with drillholes to planned thereafter. Guardian has also received a Notice Level permit which allows for the excavation of 20 drill pads at the Project's 'Garnet' tungsten-copper-silver-zinc zone. Finally, preliminary drill planning is underway to target the newly discovered mineralised copper breccia zone within the Porphyry South target area located immediately south of Desert Scheelite.

Oliver Friesen, CEO of Guardian Metal, commented: 

"As the need for a domestic U.S. mined source of tungsten continues to accelerate, we are pleased to able to produce another positive set of drilling results from the ongoing Pilot Mountain drilling campaign.

"Our Nevada based operating team is working hard to complete the final few Desert Scheelite drillholes, following the completion of which, they will commence work on the geotechnical drillholes to support the Project's pre-feasibility study. Work is also being progressed at the Project's Garnet and Gunmetal zones which host polymetallic tungsten-silver-copper-zinc mineralisation very similar to what is found at Desert Scheelite. We consider these as being low-hanging fruit targets given the historical widely-spaced drilling which uncovered significant intervals of skarn-style polymetallic mineralisation.

"We are also pleased to report that initial preparations are now underway for the Company's first ever boots on the ground work programme at Tempiute and we anticipate providing an update to the market covering more details in short order.

"As work progresses across our Nevada-based tungsten portfolio, the push to secure domestic supplies of critical and defence-related metals only strengthens the strategic positioning of Guardian Metal Resources within the U.S. and abroad."

Desert Scheelite Highlights:

 

§ Of significance within this particular batch of results is the mineralised widths (>0.10% WO3) encountered throughout several holes as well as the intersection of multiple broad mineralised intervals. These include mineralised 14.2m and 7.8m intervals in PM24-029, 19.4m and 27m intervals in PM24-031, 18.5m and 18.2m intervals in PM24-038 as well as multiple others throughout the holes reported herein. 

 

§ Some of the most significant individual silver results from the 2024/2025 drilling programme were received from this batch of results including 434g/t (PM24-034), 345g/t (PM24-038), and two 355g/t Ag results from PM24-038.

 

§ Drillhole PM24-034 highlight downhole intersections:

 

o 27.1m @ 0.46% W03, 32g/t Ag, 3,278ppm Cu & 0.71% Zn from 20.7 - 47.8m (27.1m @ 0.72% WO3Eq* or 2.35% CuEq**); including

- 5.3m @ 1.08% W03, 130.5g/t Ag, 2,382ppm Cu & 0.32% Zn from 34.2 - 39.5 (5.3m @ 1.57% WO3Eq* or 5.15% CuEq**).

 

§ Drillhole PM24-038 highlight downhole intersection :

 

o 18.5m @ 0.28% W03, 55.1g/t Ag, 353ppm Cu & 0.26% Zn from 27 - 45.5m (18.5m @ 0.48% WO3Eq* or 1.57% CuEq**); and

o 18.2m @ 0.25% W03, 97.6g/t Ag, 802ppm Cu & 1.03% Zn from 58 - 76.2m (18.2m @ 0.66% WO3Eq* or 2.17% CuEq**); including

- 6.0m @ 0.24% W03, 253.3g/t Ag, 205ppm Cu & 1.09% Zn from 58 - 64m (6.0m @ 1.11% WO3Eq* or 3.64% CuEq**).

 

 

§ Drillhole PM24-039 highlight downhole intersection :

 

o 7.5m @ 0.21% W03, 2.9g/t Ag, 125ppm Cu & 0.12% Zn from 26.5 - 34m (7.5m @ 0.23% WO3Eq* or 0.75% CuEq**); and

o 12.1m @ 0.35% W03, 57.2g/t Ag, 5103ppm Cu & 0.98% Zn from 41.8 - 53.9m (12.1m @ 0.76% WO3Eq* or 2.50% CuEq**).

 

*,**Copper and W03 Equivalent ("WO3Eq") are calculated using a tungsten price of US $337.5/MTU, a zinc price of US$1.263/lb, a copper price of US$4.57/lb and a silver price of US$31.12/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)

PM24-029

Desert Scheelite

424200.7

4248327

184.11

-53.3

81.7

PM24-030

Desert Scheelite

423858.6

4248208

180.58

-73.1

85.04

PM24-031

Desert Scheelite

423848.3

4248234

184.95

-83.3

125.9

PM24-032

Desert Scheelite

423810

4248226

178.37

-73.3

106.1

PM24-033

Desert Scheelite

423907.9

4248249

186.51

-47.7

78.0

PM24-034

Desert Scheelite

423957.7

4248283

178.08

-53.4

98.45

PM24-035

Desert Scheelite

423933.5

4248276

184.43

-64.9

90.0

PM24-036

Desert Scheelite

423907.8

4248271

179.86

-50.0

42.7

PM24-037

Desert Scheelite

423907.7

4248270

182.34

-51.0

84.4

PM24-038

Desert Scheelite

423979.5

4248290

175.62

-56.4

91.44

PM24-039

Desert Scheelite

424018.3

4248296

183.97

-61.2

78.0

#UTM Zone 11 North NAD83 datum

 

Table 2: Significant Diamond Drillhole Assay Results1

 

Hole ID

Downhole Depth (m)

 

Interval (m)

W

W

WO3

 

Zn

 

 

Ag

Cu

Intersection Composites

 

From

To

(ppm) a

(%) b

(%) c

 

(%) d

 

(g/t) a

(ppm) a

(weighted averages) c

PM24-029

42.8

44.5

1.70

1,330

-

0.17

Δ

0.31

1.7

392

14.2m @ 0.25% WO3 , 0.04% Cu , 0.98% Zn & 5.05 g/t Ag

44.5

46.0

1.50

2,380

0.31

0.31

1.54

Ø

7.6

1,160

46.0

46.7

0.70

2,060

0.56

0.56

2.22

Ø

14.2

2,360

46.7

48.5

1.80

2,970

0.38

0.38

1.85

Ø

1.4

507

48.5

50.0

1.50

1,180

-

0.15

Δ

0.37

17.8

170

50.0

51.5

1.50

1,020

-

0.13

Δ

0.80

9.8

150

51.5

53.0

1.50

1,330

-

0.17

Δ

0.02

-

57

53.0

54.5

1.50

1,650

-

0.21

Δ

0.43

0.5

135

54.5

56.0

1.50

2,220

0.29

0.29

2.45

Ø

0.6

165

56.0

57.0

1.00

2,280

0.31

0.31

0.15

1.9

30

PM24-029

68.7

70.2

1.50

1,460

-

0.18

Δ

0.09

1.4

56

7.8m @ 0.21% WO3, 0.04% Cu, 0.9% Zn & 11.82 g/t Ag

70.2

71.7

1.50

1,730

-

0.22

Δ

0.06

0.7

49

71.7

73.2

1.50

660

-

0.08

Δ

0.12

20.4

48

73.2

74.7

1.50

2,480

0.34

0.34

1.33

Ø

36.5

615

74.7

75.7

1.00

1,790

-

0.23

Δ

3.66

Ø

1.8

870

75.7

76.5

0.80

1,390

-

0.18

Δ

1.21

Ø

2.4

1,195

PM24-030

17.4

18.4

1.00

1,670

-

0.21

Δ

0.04

3.2

105

2.6m @ 0.28% WO3, 0.01% Cu, 0.03% Zn & 2.46 g/t Ag

18.4

20.0

1.60

2,430

0.33

0.33

0.02

2.0

38

PM24-030

26.0

27.5

1.50

3,130

0.81

0.81

0.06

1.7

35

3m @ 0.53% WO3, 0% Cu, 0.04% Zn & 1.5 g/t Ag

27.5

29.0

1.50

1,980

-

0.25

Δ

0.02

1.3

20

PM24-030

33.5

35.0

1.50

1,850

-

0.23

Δ

0.08

0.9

93

10.5m @ 0.33% WO3, 0% Cu, 0.05% Zn & 2.36 Ag

35.0

36.5

1.50

1,660

-

0.21

Δ

0.05

1.3

31

36.5

38.0

1.50

2,010

0.27

0.27

0.07

1.1

51

38.0

39.5

1.50

2,300

0.33

0.33

0.05

0.9

34

39.5

41.0

1.50

980

-

0.12

Δ

0.05

0.7

19

41.0

42.5

1.50

2,600

0.44

0.44

0.03

10.2

27

42.5

44.0

1.50

3,400

0.69

0.69

0.02

1.4

28

PM24-030

63.1

64.2

1.10

3,200

0.75

0.75

0.00

-

29

3.4m @ 0.36% WO3, 0.01% Cu, 0.02% Zn & 0.22 g/t Ag

64.2

65.0

0.80

1,320

-

0.17

Δ

0.02

-

51

65.0

66.5

1.50

1,390

-

0.18

Δ

0.03

0.5

65

PM24-031

30.1

31.8

1.70

2,370

0.32

0.32

0.01

0.9

82

1.7m @ 0.32% WO3, 0.01% Cu, 0.01% Zn & 0.9 g/t Ag

PM24-031

51.3

52.8

1.50

3,450

0.54

0.54

0.01

-

18

19.4m @ 0.26% WO3, 0% Cu, 0.03% Zn & 2.35 Ag

52.8

54.3

1.50

3,590

0.50

0.50

0.01

-

24

54.3

55.8

1.50

760

-

0.10

Δ

0.03

-

39

55.8

57.3

1.50

1,550

-

0.20

Δ

0.01

-

23

57.3

58.8

1.50

30

-

0.00

Δ

0.02

-

14

58.8

60.3

1.50

1,130

-

0.14

Δ

0.02

-

58

60.3

61.8

1.50

2,090

0.28

0.28

0.01

-

9

61.8

63.2

1.40

1,260

-

0.16

Δ

0.16

19.1

41

63.2

64.7

1.50

2,090

0.28

0.28

0.01

-

23

64.7

66.2

1.50

1,280

-

0.16

Δ

0.03

4.6

53

66.2

67.7

1.50

2,410

0.33

0.33

0.02

2.6

102

67.7

69.2

1.50

1,280

-

0.16

Δ

0.01

0.7

75

69.2

70.7

1.50

3,760

0.52

0.52

0.03

4.7

16

PM24-031

82.7

84.2

1.50

1,590

-

0.20

Δ

0.07

27.0

49

27m @ 0.29% WO3, 0.01% Cu, 0.02% Zn & 3.09 g/t Ag

84.2

85.7

1.50

2,160

0.59

0.59

0.02

0.5

28

85.7

87.2

1.50

2,460

0.34

0.34

0.01

0.6

41

87.2

88.7

1.50

3,210

0.45

0.45

0.01

1.7

35

88.7

90.2

1.50

550

-

0.07

Δ

0.02

-

33

90.2

91.7

1.50

50

-

0.01

Δ

0.01

-

16

91.7

93.2

1.50

2,700

0.37

0.37

0.01

-

47

93.2

94.7

1.50

3,930

0.60

0.60

0.02

-

32

94.7

96.2

1.50

2,050

0.51

0.51

0.03

2.5

98

96.2

97.7

1.50

2,100

0.28

0.28

0.03

1.3

25

97.7

99.2

1.50

2,300

0.29

0.29

0.02

-

7

99.2

100.7

1.50

430

-

0.05

Δ

0.03

4.3

83

100.7

102.2

1.50

2,240

0.29

0.29

0.03

7.2

39

102.2

103.7

1.50

1,240

-

0.16

Δ

0.02

2.8

49

103.7

105.2

1.50

3,490

0.47

0.47

0.02

1.3

108

105.2

106.7

1.50

420

-

0.05

Δ

0.02

1.9

51

106.7

108.2

1.50

1,200

-

0.15

Δ

0.02

1.7

74

108.2

109.7

1.50

2,330

0.32

0.32

0.02

2.8

211

PM24-032

64.2

65.7

1.50

2,180

0.28

0.28

0.02

2.4

99

1.5m @ 0.28% WO3, 0.01% Cu, 0.02% Zn & 2.4 g/t Ag

PM24-033

7.5

9.0

1.50

2,710

0.44

0.44

0.03

3.1

89

14.6m @ 0.14% WO3, 0.01% Cu, 0.08% Zn & 4.38 g/t Ag

9.0

10.5

1.50

470

-

0.06

Δ

0.03

3.1

109

10.5

12.0

1.50

130

-

0.02

Δ

0.06

3.8

49

12.0

13.5

1.50

1,030

-

0.13

Δ

0.04

2.0

54

13.5

15.0

1.50

350

-

0.04

Δ

0.06

6.1

29

15.0

16.2

1.20

1,110

-

0.14

Δ

0.07

2.3

11

16.2

17.7

1.50

400

-

0.05

Δ

0.20

3.6

45

17.7

19.3

1.60

290

-

0.04

Δ

0.10

3.6

30

19.3

20.6

1.30

1,010

-

0.13

Δ

0.09

2.5

26

20.6

22.1

1.50

2,360

0.39

0.39

0.16

13.1

53

PM24-033

44.8

46.3

1.50

1,410

-

0.18

Δ

1.19

Ø

66.8

801

9m @ 0.2% WO3, 0.02% Cu, 0.3% Zn & 13.57 g/t Ag

46.3

47.8

1.50

1,230

-

0.16

Δ

0.33

7.3

224

47.8

49.3

1.50

2,000

0.26

0.26

0.10

3.8

57

49.3

50.8

1.50

660

-

0.08

Δ

0.05

1.3

23

50.8

52.3

1.50

1,620

-

0.20

Δ

0.05

1.0

47

52.3

53.8

1.50

2,350

0.33

0.33

0.07

1.2

184

PM24-034

20.7

22.2

1.50

2,040

0.28

0.28

0.10

2.0

187

27.1m @ 0.46% WO3, 0.33% Cu, 0.71% Zn & 32 g/t Ag

22.2

23.7

1.50

1,740

-

0.22

Δ

0.14

5.0

144

23.7

25.2

1.50

2,820

0.44

0.44

0.06

0.9

125

25.2

26.7

1.50

2,380

0.46

0.46

0.20

3.9

356

26.7

28.2

1.50

1,600

-

0.20

Δ

0.33

3.7

928

28.2

29.7

1.50

1,040

-

0.13

Δ

1.64

Ø

18.0

6,450

29.7

31.2

1.50

2,060

0.63

0.63

2.23

Ø

41.4

13,700

31.2

32.7

1.50

2,500

0.53

0.53

1.85

Ø

9.3

7,550

32.7

34.2

1.50

2,400

0.32

0.32

0.88

12.8

6,220

34.2

35.7

1.50

6,730

1.20

1.20

0.72

23.8

4,480

5.3m @ 1.08% WO3, 0.24% Cu, 0.32% Zn & 130.05 g/t Ag

35.7

36.8

1.10

10,000

1.62

1.62

0.15

434.0

3,650

36.8

38.2

1.40

2,570

0.32

0.32

0.03

99.0

603

38.2

39.5

1.30

3,960

1.30

1.30

0.31

28.9

808

39.5

41.8

2.30

-

-

-

Δ

-

-

-

41.8

44.8

3.00

840

-

0.11

Δ

1.37

 

Ø

2.1

2,490

44.8

46.3

1.50

4,790

0.78

0.78

1.13

Ø

15.8

7,700

46.3

47.8

1.50

2,060

0.28

0.28

0.42

1.6

2,460

PM24-035

20.1

21.7

1.60

4,310

0.77

0.77

0.12

17.0

236

6.1m @ 0.3% WO3, 0.01% Cu, 0.08% Zn & 9.2 g/t Ag

21.7

23.2

1.50

420

-

0.05

Δ

0.09

10.7

112

23.2

24.7

1.50

1,330

-

0.17

Δ

0.04

4.2

80

24.7

26.2

1.50

1,330

-

0.17

Δ

0.04

4.4

78

PM24-035

8.2

9.8

1.6

2,520

0.35

0.35

0.01

2.1

518

1.6m @ 0.35% WO3, 0.05% Cu, 0.01% Zn & 2.1 g/t Ag

35.2

36.7

1.50

3,230

0.55

0.55

0.04

4.3

81

14.2m @ 0.52% WO3, 0.04% Cu, 0.09% Zn & 5.19 g/t Ag

36.7

38.2

1.50

3,880

0.54

0.54

0.02

4.3

40

38.2

39.7

1.50

3,650

0.57

0.57

0.04

17.5

113

39.7

41.2

1.50

3,700

0.58

0.58

0.07

11.7

121

41.2

42.7

1.50

2,410

0.39

0.39

0.02

1.2

137

42.7

44.2

1.50

1,400

-

0.18

Δ

0.06

1.9

277

44.2

45.7

1.50

1,350

-

0.17

Δ

0.22

3.3

1,185

45.7

47.2

1.50

6,960

0.99

0.99

0.12

1.4

465

47.2

48.7

1.50

5,340

0.70

0.70

0.09

0.6

198

48.7

49.4

0.70

4,020

0.52

0.52

0.31

6.3

3,260

PM24-036

34.6

36.1

1.50

1,050

-

0.13

Δ

0.56

20.1

284

8.1m @ 0.15% WO3, 0.02% Cu, 0.45% Zn & 33.07 g/t Ag

36.1

37.6

1.50

400

-

0.05

Δ

0.55

8.2

382

37.6

38.6

1.00

180

-

0.02

Δ

0.08

2.4

82

38.6

40.0

1.40

1,790

-

0.23

Δ

0.44

18.4

70

40.0

41.5

1.50

2,090

0.26

0.26

0.60

105.0

166

41.5

42.7

1.20

1,150

-

0.15

Δ

0.31

33.1

139

PM24-037

32.5

34.0

1.50

1,260

-

0.16

Δ

0.16

6.2

60

1.5m @ 0.16% WO3, 0.01% Cu, 0.16% Zn & 6.2 g/t Ag

PM24-037

40.0

41.5

1.50

1,370

-

0.17

Δ

0.14

5.8

15

1.5m @ 0.17% WO3, 0% Cu, 0.14% Zn & 5.8 g/t Ag

PM24-037

49.0

50.5

1.50

1,660

-

0.21

Δ

0.43

90.6

161

3m @ 0.21% WO3, 0.01% Cu, 0.41% Zn & 127.3 g/t Ag

50.5

52.0

1.50

1,650

-

0.21

Δ

0.39

164.0

128

PM24-037

62.5

64.0

1.50

600

-

0.08

Δ

1.06

Ø

120.0

328

7.5m @ 0.18% WO3, 0.03% Cu, 0.46% Zn & 46.4 g/t Ag

64.0

65.5

1.50

1,880

-

0.24

Δ

0.55

100.0

244

65.5

67.0

1.50

1,570

-

0.20

Δ

0.17

2.9

170

67.0

68.5

1.50

1,460

-

0.18

Δ

0.28

1.2

138

68.5

70.0

1.50

1,800

-

0.23

Δ

0.23

7.9

371

PM24-038

27.0

27.7

0.70

4,400

0.60

0.60

0.09

2.2

187

18.5m @ 0.28% WO3, 0.04% Cu, 0.26% Zn & 55.11 g/t Ag

27.7

30.8

3.10

2,990

0.42

0.42

0.10

1.3

61

30.8

32.3

1.50

2,900

0.39

0.39

0.09

1.4

31

32.3

33.8

1.50

1,910

-

0.24

Δ

0.07

0.8

41

33.8

35.7

1.90

650

-

0.08

Δ

0.18

3.7

163

35.7

37.2

1.50

530

-

0.07

Δ

0.18

4.4

56

37.2

38.7

1.50

2,820

0.37

0.37

0.85

101.0

1,215

38.7

40.2

1.50

430

-

0.05

Δ

0.35

52.8

120

40.2

41.8

1.60

2,400

0.32

0.32

0.53

286.0

730

41.8

42.6

0.80

4,590

0.63

0.63

0.61

345.0

2,940

42.6

45.5

2.90

1,670

-

0.21

Δ

0.16

11.3

66

PM24-038

58.0

59.5

1.50

2,930

0.49

0.49

1.37

Ø

355.0

176

6m @ 0.24% WO3, 0.02% Cu, 1.09% Zn & 253.25 g/t Ag

18.2m @ 0.25% WO3, 0.08% Cu, 1.03% Zn & 97.64 g/t Ag

59.5

61.0

1.50

1,410

-

0.18

Δ

0.98

355.0

140

61.0

62.5

1.50

1,710

-

0.22

Δ

1.04

Ø

129.0

122

62.5

64.0

1.50

740

-

0.09

Δ

0.97

174.0

382

64.0

65.5

1.50

2,410

0.32

0.32

1.80

Ø

66.5

1,070

65.5

67.2

1.70

1,300

-

0.16

Δ

1.27

Ø

13.2

1,410

67.2

68.7

1.50

1,400

-

0.18

Δ

1.84

Ø

19.2

3,380

68.7

70.2

1.50

2,040

0.29

0.29

0.88

44.2

970

70.2

71.7

1.50

400

-

0.05

Δ

0.53

4.3

484

71.7

73.1

1.40

1,690

-

0.21

Δ

1.11

Ø

5.4

363

73.1

74.6

1.50

2,770

0.40

0.40

0.44

6.1

448

74.6

76.2

1.60

3,060

0.46

0.46

0.18

10.7

581

PM24-039

26.5

27.9

1.40

1,650

-

0.21

Δ

0.17

3.9

248

7.5m @ 0.21% WO3, 0.01% Cu, 0.12% Zn & 2.91 g/t Ag

27.9

29.4

1.50

2,040

0.28

0.28

0.07

1.5

100

29.4

30.9

1.50

1,150

-

0.15

Δ

0.08

2.0

138

30.9

32.4

1.50

1,430

-

0.18

Δ

0.14

2.3

60

32.4

34.0

1.60

1,730

-

0.22

Δ

0.15

4.8

92

PM24-039

41.8

43.3

1.50

3,650

0.52

0.52

2.18

Ø

106.0

15,150

12.1m @ 0.35% WO3, 0.51% Cu, 0.98% Zn & 57.24 Ag

43.3

44.2

0.90

2,470

0.33

0.33

0.85

17.4

3,990

44.2

45.7

1.50

2,320

0.32

0.32

0.90

46.0

8,200

45.7

47.5

1.80

2,820

0.41

0.41

1.34

Ø

38.5

9,820

47.5

49.1

1.60

3,580

0.64

0.64

0.82

201.0

1,820

49.1

50.7

1.60

2,030

0.27

0.27

0.66

17.4

1,095

50.7

52.2

1.50

1,250

-

0.16

Δ

0.42

9.8

100

52.2

53.9

1.70

1,310

-

0.17

Δ

0.60

9.1

381

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: WO3 % calculated as W % multiplied by 1.2611

c: ALS method Zn-OG62

Δ: denotes WO3 % calculated using W ppm (method ME-XRF15c)

F: denotes Zn % calculated using Zn ppm (method ME-ICP61)

 

Figure 1: 2025 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.

 

 

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 or contact the following:

Guardian Metal Resources plc

Oliver Friesen (CEO)

Tel: +44 (0) 20 7583 8304

Cairn Financial Advisers LLP

Nominated Adviser

Sandy Jamieson/Jo Turner/Louise O'Driscoll

Tel: +44 20 7213 0880

Shard Capital Partners LLP

Broker

Damon Heath/Erik Woolgar

Tel: +44 (0) 20 7186 9000

 

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DRLBLLLBEXLLBBD
Date   Source Headline
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