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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (191274)9/29/2025 7:31:03 PM
From: LoneClone  Read Replies (1) of 192526
 
Guardian Metal Resources Announces Pilot North: Very-High Grade Assay Results

accessnewswire.com

LONDON, UK / ACCESS Newswire / September 29, 2025 / 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):

    • 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

    • 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.

    • 13 overlimit tungsten trioxide (WO3) assay results including: 0.59%, 0.46%, 0.40%, 0.36%, and 0.36%WO3.

    • 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 WO3 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://pr.report/elu9)

2 Company Announcement, Pilot North Tungsten Project Acquired via Staking, dated 7 July 2025 (https://pr.report/elua)

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 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

Lead Broker

Damon Heath/Erik Woolgar

Tel: +44 (0) 20 7186 9000

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Guardian Metal Resources PLC
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