8 July 2024
Guardian Metal Resources
plc
('Guardian Metal' or the
'Company')
Confirmation of Name Change
and AIM Rule 26 Website
The Company announced on 18 June
2024 that it intended to apply to Companies House to change the
Company's name to Guardian Metal Resources plc.
The Company is pleased to announce
that Companies House issued a change of name certificate on 4 July
2024 and the name change has become effective immediately.
The stock market codes are unchanged as LON: GMET and OTCQX:
GMTLF.
The Company confirms that the change
of name has been notified to the London Stock Exchange and trading
in the Company's shares under the new company name is expected to
commence at 8.00 a.m. on 9 July 2024. The Company's ISIN and SEDOL
remain unchanged.
The change of name is to reflect the
Company's success to date in advancing projects in the strategic
metals arena with the advancement of Pilot Mountain hosting the
largest known undeveloped tungsten deposit in the USA as well as at
the Garfield Project where the Company is targeting a major copper
discovery. The change also reflects the significance of the
Company's projects to the supply of critical metals to the USA with
numerous key defense, industrial and energy
applications.
The Company's new website address is
now https://www.guardianmetalresources.com.
All information required by AIM Rule 26 is located on the
"Investors" section of the website.
Oliver Friesen, CEO of Guardian Metal,
commented:
"A
big thanks to everyone behind the scenes who has helped us finalise
this name change. With our now upgraded US quotation, we are
excited to now drive the business forward as Guardian Metal
Resources PLC, which much better reflects the strategic assets we
own within the mining-friendly state of Nevada, as well as our main
objective to be a part of the important reshoring efforts to bring
critical and defence metal supply chains back onto US
soil."
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
|
|
First Equity Limited
Broker
Jonathan Brown/Jason
Robertson
|
Tel: +44 20 7374 2212
|
THE
PROJECTS
Pilot Mountain Project
The Pilot Mountain project is
an advanced exploration and mineral resource definition stage
project located in Mineral County in western Nevada.
The project covers an area of 14.80 km2 (3,904.1 acres)
and is located 200km southeast of Reno and 18km east
of Mina, Nevada. It is well situated for the supply of power,
water and skilled labour and proximity to transport infrastructure
in Mineral County and is centred around four existing
mineral deposits: Garnet; Good Hope; Gunmetal and Desert Scheelite,
all of which possess significant skarn-style
tungsten-copper-silver-zinc mineralisation. The Pilot
Mountain project consists of 176 active lode mining claims and
4 filed mill site claims. The four mill site claims filed at the
former Dunham mill site have secure access to groundwater supply
sufficient for the proposed project.
Garfield Project
The Garfield Project is an exciting
copper-gold-silver prospect consisting of 65 lode mining claims
covering 9.18 km2 (2,268 acres) located in Mineral County,
Nevada, approximately 14km due east of the town
of Hawthorne and 120km due west-northwest
of Tonopah. Exploration to date has included detailed
geochemical sampling and follow up analysis which highlighted the
presence of both porphyry and skarn-type mineralisation and
alteration at the 'High-Grade Zone'. Further to this, mapping,
prospecting and rock sampling was recently completed with results
confirming presence of high-grade copper, silver and gold
mineralisation as well as leading to the bedrock discovery of the
Pamlico Au Zone with individual rock samples up to 18.35g/t Au,
1,225g/t Ag & 1.89% Cu. Following this, geochemical analysis of
the full suite of data confirmed the strong presence of porphyry
style mineralisation across the Project, as well as potentially
overprinting epithermal style mineralisation leading to increased
gold-silver prospectivity.
Kibby Basin Lithium
Project
The Kibby Basin Project covers
two claim packages which are prospective for lithium brine
mineralisation. The southern claim package is less than 250m from a
2022 drillhole which returned a significant interval (169m) of
lithium brine mineralisation which was determined to be open in all
directions. The Project is less than 5km to the southeast of the
Company's flagship Pilot Mountain Project.
Golconda Summit Project
Guardian Metal is the operator of
the Golconda Summit project, which is held under an earn-in right
to acquire up to 100 per cent. of the project from the mineral
claim owner pursuant to an option agreement. The Golconda Summit
project is an exploration stage gold and silver project located
in Humboldt County and situated at the confluence of the
Getchell and Battle
Mountain - Eureka metallogenic trends, and consists
of 44 lode mining claims, covering a total area of approximately
3.22 km2 (795.4 acres) located approximately 27km east
of Winnemucca.
Stonewall Project
The Stonewall project is an
exploration stage gold-silver property prospective for epithermal
gold-silver mineralisation. The property consists of 19 lode mining
claims covering 1.59 km2 (392.5 acres) located on the
northern flank of Stonewall Mountain, on the western edge of
the Nellis Airforce Range Restricted Access Area, in Nye
County, Nevada, approximately 24km south-east of the historic gold
mining town of Goldfield and 60km due south
of Tonopah.