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Guardian Metal reports broad tungsten hits in Nevada

Guardian Metal Resources advances Tempiute with strong tungsten intersections and a decision to begin underground rehabilitation in October 2026.

(Neutral)
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Form Type
6-K

Rhea-AI Filing Summary

Guardian Metal Resources PLC (GMTL) reported positive drilling results from its Tempiute tungsten project in Nevada, covering completed Phase I regional drilling and early Phase II resource drilling around the historical underground mine. Phase II plans approximately 46 diamond drillholes, with 28 completed so far, targeting the South Thumb and Schofield zones to support a potential initial Mineral Resource estimate.

Highlighted Phase II intersections include 92.0m at 0.34% WO3 from 102.5m in hole TP26-046, plus 27.9m at 0.27% WO3 from 68.6m, and 20.2m at 0.21% WO3 from 210.0m in TP26-042. Phase I comprised 41 holes, 20 of which intersected strong tungsten mineralization across multiple targets beyond the historical mine footprint. Based on these results and visual observations from additional holes, the company decided to commence rehabilitation of historical underground workings, expected to start in October 2026, to enable underground drilling and prepare the project for potential future mine development.

Positive

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Filing Explained

The Tempiute program remains pre-resource: 24 completed-hole assays are pending, while underground access work is expected to begin in October 2026.

As a Form 6-K, this filing furnishes the company’s interim Tempiute update; the reported work remains exploration and access preparation rather than a completed resource or mining project.

Phase II drilling is ongoing: 28 of the planned 46 holes are complete, with assays pending from 24 holes. The stated objective is still to generate data supporting the potential definition of an initial Mineral Resource estimate.

The company has engaged an underground contractor, with rehabilitation expected to begin in October 2026. Underground rigs are to be mobilized only after rehabilitation is complete, so improved underground drilling access is planned rather than presently established.

Separately, the company is assessing permitting requirements for mining a near-surface mineralized lode on patented claims; the filing does not report that mining approval or extraction has begun.

Phase II planned drillholes 46 diamond drillholes Planned total for Phase II resource drilling at Tempiute
Phase II holes completed 28 holes Completed out of approximately 46 planned Phase II drillholes
Key Phase II intersection TP26-046 92.0m at 0.34% WO3 From 102.5m downhole in the Schofield zone
Additional TP26-046 interval 27.9m at 0.27% WO3 From 68.6m downhole in Phase II drilling
Phase II highlight TP26-042 20.2m at 0.21% WO3 From 210.0m downhole in South Thumb zone
Phase I total drillholes 41 holes Regional exploration drilling program at Tempiute
Phase I holes with strong mineralization 20 holes Drillholes intersecting strong tungsten mineralization in Phase I
Phase I highlight TP25-021 32.4m at 0.26% WO3 From 293.7m downhole, including 1.7m at 2.00% WO3
Mineral Resource estimate technical
"to support the potential definition of an initial Mineral Resource estimate at Tempiute"
A mineral resource estimate is a calculated approximation of how much metal or mineral material likely exists in a particular deposit and where it sits underground, similar to estimating how many cookies are in a jar by peeking at the layers. It matters to investors because it provides a data-based starting point for judging a project's potential value, future production and risks, while not guaranteeing recoverable or profitable amounts.
tungsten-skarn mineralization technical
"results demonstrate that tungsten-skarn mineralization is well defined across multiple areas"
underground rehabilitation technical
"decided to commence a rehabilitation program to safely access the underground historical workings"
patented mining claims regulatory
"near-surface mineralized lode located on patented mining claims"
Defense Production Act regulatory
"under Title III of the Defense Production Act of 1950, as amended"
A U.S. law that lets the federal government prioritize, allocate, and financially support the production and supply of goods and services needed for national defense or major emergencies. For investors, it can quickly change a company’s sales outlook and production plans by directing contracts, speeding approvals, or providing subsidies—like a city mayor telling factories which products to make during a crisis—so affected companies may see rapid revenue or cost shifts.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did GMTL announce about drilling results at the Tempiute tungsten project?

Guardian Metal Resources PLC announced positive drilling results at its Tempiute project, including broad tungsten intersections such as 92.0m at 0.34% WO3 in hole TP26-046, and stated that these results support advancing the project toward a potential initial Mineral Resource estimate.

How far along is Phase II drilling at Guardian Metal Resources’ Tempiute project?

Phase II at Tempiute is planned for approximately 46 diamond drillholes, with 28 holes completed so far using two surface rigs. Assay results from the first four holes are reported, and assays for a further 24 holes are pending.

What key tungsten intersections did GMTL report from Phase II drilling?

Reported highlights include TP26-046 with 92.0m at 0.34% WO3 from 102.5m and 27.9m at 0.27% WO3 from 68.6m, TP26-042 with 20.2m at 0.21% WO3 from 210.0m, TP26-044 with 23.9m at 0.22% WO3 from 175.1m, and TP26-045 with 5.2m at 0.28% WO3 from 253.4m.

What were the main results from Phase I drilling at Tempiute for GMTL?

Phase I comprised 41 diamond drillholes, with 20 holes intersecting strong tungsten mineralization. Notable intersections include TP25-021 with 32.4m at 0.26% WO3 from 293.7m, including 1.7m at 2.00% WO3, and TP26-031 with 14.0m at 0.35% WO3 from 59.5m.

What underground work is planned at GMTL’s Tempiute project following these results?

Guardian Metal Resources has engaged an underground mining contractor to rehabilitate historical workings and drill stations, with work expected to start in October 2026. This will enable underground drill rigs to access the South Thumb and Schofield zones more efficiently.

Is GMTL evaluating near-term mining options at Tempiute?

Yes. Guardian Metal Resources is assessing permitting requirements and access for a near-surface mineralized lode on patented mining claims, with the goal of identifying the shortest path to extracting new tungsten feed material from Tempiute.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 6-K
 
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
 
 
21 September, 2026
Commission File Number 001-43199
 
 
Guardian Metal Resources PLC
c/o Orana Corporate LLP
25 Eccleston Place
London SW1W 9NF
United Kingdom
(Address of principal executive offices)
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F
Form 40-F
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ___
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
 
 
 
 
Guardian Metal Resources PLC
 
On 21 September, 2026, Guardian Metal Resources PLC issued a press release titled “Positive Tempiute Tungsten Drilling Results.”
 
A copy of the press release is attached hereto as Exhibit 99.1.
 
 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf by the undersigned, thereunto duly authorized.
 
 
Guardian Metal Resources PLC
(Registrant)
 
 
 
 
Date: 21 September, 2026
 
By: /s/ Oliver Friesen
 
 
 
Name: Oliver Friesen
 
 
 
Title: Chief Executive Officer
 
 
 
 
Exhibit Index
 
Exhibit
Description of Exhibit
99.1
Positive Tempiute Tungsten Drilling Results dated 21 September, 2026.
 
 
 
21 September 2026
 
Guardian Metal Resources plc
 
('Guardian Metal' or the 'Company')
 
Tempiute Tungsten Project: Positive Drilling Results Drive Accelerated Underground Rehabilitation Decision
 
Broad Tungsten Intersections Include 92.0m @ 0.34% WO3
 
Guardian Metal Resources plc (NYSE.A: GMTL, LON: GMET, OTCQB: GMTLF), a strategic exploration and development company focused on tungsten in Nevada, USA, is pleased to provide an update from its Tempiute tungsten project ("Tempiute" or the "Project"). This update covers results from the Company's now completed Phase I regional exploration drilling, in addition to the initial results from the ongoing Phase II drilling campaign, which is focused on the historically producing South Thumb and Schofield Zones.
 
The Phase I exploration drilling program comprised 41 diamond drillholes across regional target zones and confirmed that multiple tungsten-rich zones exist beyond the historical mine footprint. Notably, many of these targets warrant follow-up drilling and are detailed further below.
 
The ongoing Phase II resource drilling program is planned to include approximately 46 diamond drillholes, of which 28 have been completed to date. The program is designed to test the continuity, thickness and grade of mineralization around and beyond the historical underground workings, and to generate the data needed to support the potential definition of an initial Mineral Resource estimate at Tempiute.
 
On the strength of the results for the first four Phase II holes reported herein, together with visual observations from a further 24 drillholes awaiting assay, the Company has decided to commence a rehabilitation program to safely access the underground historical workings. This will allow underground drill rigs to be mobilized, providing improved access to further delineate Phase II target areas and prepare the Project for the stages that follow including, subject to further drilling and evaluation, mine development and operations.
 
 
Oliver Friesen, CEO of Guardian Metal, commented: 
 
“These exciting drilling results represent an important step forward for Tempiute. We are seeing broad and high-grade tungsten mineralization around a mine that historically produced tungsten for many years. In addition, the regional drilling campaign has successfully proved that the mineralized system at Tempiute extends well beyond the historical workings.
 
“The 92.0 meter intersection at 0.34% WO₃ is particularly encouraging and reinforces our confidence in advancing the South Thumb and Schofield areas toward a planned initial Mineral Resource estimate.
 
“The results have also prompted a decision to begin rehabilitation of historical underground workings, which will give us more efficient access to the targets we most want to drill as well better positioning the Project for its expected next steps.
 
“Our objective is clear: demonstrate the scale of the mineralizing system at Tempiute, define an initial Mineral Resource estimate and evaluate the fastest responsible pathway to bringing Tempiute back into the U.S. tungsten supply chain.”
 
 
PHASE II DRILLING HIGHLIGHTS: BROAD TUNGSTEN MINERALIZATION SUPPORTS ACCELERATED UNDERGROUND REHABILITATION DECISION
 
 The planned 46-hole Phase II campaign is well progressed, with 28 holes completed to date (drilling ongoing with two surface drill rigs). Assay results from the first four holes, reported in this announcement, demonstrate strong tungsten grades over favorable widths, with assays pending for a further 24 holes. Notable downhole intersections (see Table 1) include:
 
o
TP26-046: 27.9m @ 0.27% WO3 from 68.6m, including
-         10.5m @ 0.36% WO3 from 70.1m,
-         5.9m @ 0.31% WO3 from 85.9m, and,
 
   92.0m @ 0.34% WO3 from 102.5m, including
-         12.7m @ 0.53% WO3 from 170.5m,
-         5.1m @ 0.49% WO3 from 188.4m.
 
o
TP26-042: 20.2m @ 0.21% WO3 from 210.0m, including
-         6.9m @ 0.35% WO3 from 211.9m.
 
o
TP26-044: 23.9m @ 0.22% WO3 from 175.1m (see Table 1 notes)
 
o
TP26-045: 5.2m @ 0.28% WO3 from 253.4m
 
 
 The South Thumb and Schofield Zones are centered on the historical underground production workings last operated by Union Carbide Corporation ("UCC") before the Tempiute Mine closed in the 1980s. These zones are the principal focus of the Phase II drilling campaign, which has been designed to generate sufficient data to support the planned definition of a Mineral Resource estimate.
 
In parallel with the ongoing surface drilling, the Company has engaged an underground mining contractor to rehabilitate strategically located historical workings and drill stations, with works expected to start in October 2026.  
 
Once rehabilitation is complete, underground drill rigs will be mobilized to support improved drilling access to the South Thumb and Schofield zones. The underground adit accesses are approximately 200 meters from these zones of historical production and are generally in fair to good condition.  
 
 In parallel, Guardian is assessing the permitting requirements for mining a near-surface mineralized lode located on patented mining claims, with a view to identifying the shortest path to extracting new tungsten feed material from Tempiute.

PHASE I DRILLING HIGHLIGHTS: RESULTS HIGHLIGHT BROADER TEMPIUTE DISTRICT POTENTIAL
 
A total of 20 diamond drillholes from the 41-hole Phase I regional exploration program intersected strong tungsten mineralization representing an encouraging hit rate for a regional exploration drilling campaign. 
 
The Phase I results demonstrate that tungsten-skarn mineralization is well defined across multiple areas outside the historically mined zones at Tempiute, pointing to a more extensive and robust mineralizing system associated with the two main causative intrusive bodies. Multiple targets require further follow-up.
 
Regional exploration drillhole results (see Table 2) include downhole intersections of:*  
 
o
TP25-021: 32.4m @ 0.26% WO3 from 293.7m including
-         1.7m @ 2.00% WO3 from 306.9m
 
o
TP25-028: 18.5m @ 0.18% WO3 from 24.5m including
-         4.0m @ 0.32% WO3 from 27.1m and
 
-         3.4m @ 0.38% WO3 from 39.6m
 
o
TP26-031: 14.0m @ 0.35% WO3 from 59.5m including
-         5.8m @ 0.63% WO3 from 67.7m
 
o
TP25-015: 11.2m @ 0.17% WO3 from 94.5m including
-         2.3m @ 0.64% WO3 from 98.6m
 
o
TP25-014A: 10.2m @ 0.13% WO3 from 132.3m
 
o
TP25-020A: 8.8m @ 0.35% WO3 from 183.6m
 
*Cut-off for the purposes of the regional exploration results (Phase I) was set at >2m @ 0.10% WO3
 
Note: True thicknesses of all intercepts reported herein are not yet known.
 
Figure 1: Project geology along with location of Phase I and Phase II drillholes.
 
Figure 2: Location of the Phase II drill holes together with the planned drill hole traces within the South Thumb and Schofield target zones.
 
Figure 3: Orthogonal three-dimensional model of the planned resource targets at the Schofield and South Thumb zones displaying completed and planned drillholes and the existing underground mine network.
 
 
ASSAY RESULTS
 
Analytical results from the Phase I regional exploration drilling and ongoing Phase II Mineral Resource campaign are summarized below.
 
Drillhole ID
From (m)
To (m)
Length (m)
WO3 (%)
Zn (%)
Ag (ppm)
Cu (%)
TP26-042
210.00
230.20
20.20
0.21
0.22
2.03
0.010
incl.
211.91
218.85
6.94
0.35
0.55
3.98
0.007
TP26-044
175.14
199.00
23.86 *
0.22
0.09
0.82
0.005
incl.
175.14
189.89
13.18
0.29
0.14
1.25
0.004
TP26-045
253.43
258.59
5.16
0.28
0.08
2.75
0.025
TP26-046
68.60
96.46
27.86
0.27
0.28
0.84
0.028
incl.
70.10
80.55
10.45
0.36
0.13
1.42
0.028
incl.
85.94
91.80
5.86
0.31
0.54
0.47
0.040
and
102.50
194.45
91.95
0.34
0.79
4.13
0.049
incl.
111.60
128.00
16.40
0.33
0.34
1.11
0.054
incl.
170.50
183.20
12.70
0.53
0.11
0.61
0.013
incl.
188.36
193.50
5.14
0.49
0.19
18.83
0.060
Notes: Only material intercepts of at least 5m apparent width at a cut-off grade of >/=0.04% WO3 are included.  Weighted composite grades based on MSA Labs certified assay results from analytical method codes IMS-300 / IMS-230;  IMS-300; IMS-230; WO3-WRX4W; and  Zn-ICF6Zn.  Depths and grades are subject to rounding.
 
* Interval includes 1.57m not sampled.  Downhole depth interval of intersection = 23.86m,
intersection width assayed = 22.29m.  Weighted average of assays = 22.29m @ 0.24% WO3.. Taking 1.57m unsampled section as nil grade dilution, weighted average grade of total downhole intersection = 23.86m @ 0.22% WO3
Table 1: Phase II - Mineral Resource Drilling Significant Downhole Intersections
 
 
Drillhole ID
 From (m)
 To (m)
 Length (m)
 WO3 (%)
 Zn (%)
 Ag (ppm)
 Cu (%)
TP25-001
91.00
93.77
2.77
0.32
0.31
2.30
0.02
TP25-003
28.85
32.42
3.57
0.15
0.25
0.86
0.00
and
99.92
102.65
2.73
0.26
0.09
0.82
0.00
TP25-004
122.47
125.40
2.93
0.12
0.05
0.25
0.00
and
130.40
133.67
3.27
0.17
0.46
20.38
0.00
and
144.21
148.52
4.31
0.71
0.37
28.40
0.02
TP25-007
23.20
25.60
2.40
0.27
0.06
3.16
0.00
TP25-010
28.10
31.20
3.10
0.10
0.04
0.03
0.00
TP25-012
107.46
111.20
3.74
0.22
0.21
5.12
0.18
TP25-013
69.19
71.59
2.40
0.22
0.11
0.50
0.00
and
169.86
172.23
2.37
0.26
0.58
3.91
0.01
TP25-014A
96.86
102.72
5.86
0.12
0.04
0.50
0.00
and
132.30
142.47
10.17
0.13
0.14
3.68
0.00
TP25-015
94.51
105.70
11.19
0.17
0.13
0.81
0.00
incl.
98.60
100.85
2.25
0.64
0.50
1.00
0.00
and
132.73
135.03
2.30
0.14
0.26
0.50
0.00
and
172.37
174.82
2.45
0.21
0.02
0.77
0.00
TP25-017
-
8.23
8.23
0.12
0.14
4.15
0.02
and
63.25
66.14
2.89
0.14
0.09
1.00
0.00
TP25-019
59.00
61.24
2.24
0.10
0.16
0.73
0.00
and
88.72
91.36
2.64
0.16
0.10
1.00
0.00
and
196.60
200.92
4.32
0.43
0.31
1.13
0.00
TP25-020A
183.64
192.43
8.79
0.35
0.37
118.28
0.04
incl.
186.64
188.77
2.13
0.39
0.07
0.25
0.00
TP25-021
293.72
326.14
32.42
0.26
0.27
0.33
0.00
incl.
306.93
308.63
1.70
2.00
0.50
1.70
0.00
TP25-026
0.61
4.27
3.66
0.41
0.14
0.99
0.04
TP25-027
28.32
32.00
3.68
0.23
0.52
1.53
0.01
and
36.73
41.76
5.03
0.48
0.06
4.66
0.26
and
42.37
43.95
1.58
0.47
0.10
2.18
0.09
TP25-028
24.54
43.00
18.46
0.18
0.06
1.67
0.12
incl.
27.13
31.16
4.03
0.32
0.06
0.89
0.07
plus
39.60
43.00
3.40
0.38
0.03
1.08
0.09
TP26-030
40.08
46.79
6.71
0.22
0.07
1.98
0.13
TP26-031
59.45
73.46
14.01
0.35
0.50
4.72
0.06
incl.
67.69
73.46
5.77
0.63
0.46
8.07
0.09
TP26-039
297.83
301.40
3.57
0.84
3.88
0.25
0.01
TP26-041
3.00
6.00
3.00
0.13
0.06
1.18
0.03
Notes: Only material intercepts of at least 2m apparent width at a cut-off grade of >/=0.1% WO3 are included.  Weighted composite grades based on MSA Laboratory certified assay results from analytical method codes IMS-300 / IMS-230;  WO3-WRX4W; and  Zn-ICF6Zn. In addition to ALS Laboratories certified assay results from analytical method codes ME-ICP61, ME-MS81, ME-4ACD81, W-XRF-15c and AG-OG46. Depths and grades are subject to rounding.
The following holes intersected low-grade WO3 and/or intercepts of WO3 <2m: TP25-002, TP25-005, TP25-006, TP25-008, TP25-011, TP25-016, TP25-018, TP25-020, TP25-023, TP25-025A, TP26-032, TP26-034, TP26-035 and TP26-036.
 
Hole TP26-037 was not sampled due to no visual tungsten mineralization being intersected. Holes TP25-009, TP25-029, , TP26-038 and TP26-040 are currently being analyzed at MSA Laboratories.
Table 2: Phase I - Regional Exploration Drilling Significant Downhole Intersections
 
 
Hole ID
Zone
UTM Easting
UTM Northing
Azimuth
Dip
Hole Depth (m)
TP26-042
South Thumb
620965
4165692
000
-45
245.67
TP26-044
South Thumb
620968
4165692
035
-47
213.06
TP26-045
South Thumb
620964
4165689
350
-55
267.31
TP26-046
Schofield
621225
4165537
260
-50
205.27
Notes: NAD83/ UTM Zone 11N  Datum. All holes are diamond drilling HQ core diameter.
Table 3: Phase II – Collar Locations
 
 
Hole ID
Zone
UTM Easting
UTM Northing
Azimuth
Dip
Hole Depth (m)
TP25-001
Dead-Eye
620632
4167854
064
-45
105.77
TP25-003
Dead-Eye
620818
4167416
079
-45
148.49
TP25-004
Dead-Eye
620817
4167415
082
-72
178.31
TP25-007
Dead-Eye
620693
4167613
082
-45
86.56
TP25-010
Dead-Eye
620685
4167733
065
-76
132.44
TP25-012
Dead-Eye
620783
4167449
070
-45
129.24
TP25-013
Dead-Eye
620782
4167448
069
-70
185.01
TP25-014A
Dead-Eye
620850
4167370
091
-45
152.7
TP25-015
Dead-Eye
620848
4167370
091
-73
199.34
TP25-017
Dead-Eye
620829
4167325
092
-69
413.61
TP25-019
Dead-Eye
620838
4167268
109
-69
285.6
TP25-020A
Headframe Deeps
620732
4167022
138
-85
212.45
TP25-021
Headframe Deeps
620728
4167025
338
-81
340.46
TP25-026
Lime Cap
621283
4166003
252
-45
91.9
TP25-027
Lime Cap
621218
4165798
302
-45
64.77
TP25-028
Lime Cap
621218
4165797
323
-87
55.93
TP26-030
Lime Cap
621224
4165791
242
-45
78.03
TP26-031
Lime Cap
621322
4165865
285
-45
85.34
TP26-039
Headframe Deeps
620779
4167095
000
-90
333.3
TP26-041
Stockpile
620652
4166698
000
-90
17.07
Notes: NAD83/ UTM Zone 11N  Datum. All holes are diamond drilling HQ core diameter.
Table 4: Phase I – Collar Locations
 

Next Project Steps
 
Phase II drilling continues across the South Thumb and Schofield zones, with 28 of the planned 46 holes already completed and assays from a substantial number of holes still pending. The program is designed to provide the geological and analytical information required to support an initial Mineral Resource estimate.
 
In parallel, underground mine rehabilitation is expected to commence in October 2026. Re-establishing access to the historical mine which will enable shorter and more targeted underground drilling and represents an important step toward rebuilding operational access to the Tempiute mineralized system.
 
Guardian is also evaluating opportunities to accelerate the pathway toward extracting newly mined tungsten material from Tempiute. This work includes assessing access to the near-surface mineralized lode located on patented mining claims, and the permitting requirements for mining it, with a goal of returning Tempiute to an active role in the U.S. tungsten supply chain.
 
Note: Tempiute is an exploration-stage property, and no Mineral Resource or Mineral Reserve has been estimated for the Project. The exploration results reported in this announcement are not sufficient to support such an estimate, and there can be no assurance that an initial Mineral Resource estimate will be defined at Tempiute. Any extraction of material from Tempiute on an accelerated basis may not be supported by a Mineral Reserve estimate or a feasibility study demonstrating economic viability, and would be subject to significant technical, permitting, financing and other risks, including those described in the Company's filings with the U.S. Securities and Exchange Commission.
 
 
Quality Control and Assurance
 
All samples were submitted to MSA Labs (MSA) of Elko, Nevada which is an ISO9001 and ISO/IEC 17025 accredited laboratory. Samples were analyzed using method IMS-300 and IMS-230. Guardian Metal’s QA/QC program includes regular insertion of standards, duplicates and blanks into the sample stream with stringent review of all results.
 
Samples from Phase 1 were submitted to ALS Laboratories of Reno, Nevada. Samples were analyzed using methods ME-ICP61, W-XRF-15c and AG-OG46. Guardian Metal’s QA/QC program includes regular insertion of standards, duplicates and blanks into the sample stream with stringent review of all results.
 
 
COMPETENT AND QUALIFIED PERSON STATEMENT
 
The technical information contained in this disclosure has been read and approved by Mr Nicholas 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 and as a “qualified person” as defined in Subpart 1300 of Regulation S-K of the U.S. Securities and Exchange Commission (“S-K 1300”). 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.
 
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, including general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, potential delays or changes in plans, uncertainties resulting from operating in a new political jurisdiction, uncertainties regarding the results of exploration, the timing and granting of prospecting rights, the timing and granting of regulatory and other third party consents and approvals, Guardian Metal’s or any third party's ability to execute and implement future plans, and the occurrence of unexpected events. 
 
Forward-looking statements in this announcement include statements regarding the Tempiute drilling program, the timing and content of further assay results, the potential definition of a Mineral Resource estimate at Tempiute, the planned rehabilitation of historical underground workings and its expected timing, the potential for an accelerated pathway to extracting material at Tempiute, and the Company’s plans to advance Pilot Mountain and Tempiute towards production. Forward-looking statements are subject to risks and uncertainties, including those described in the Company’s filings with the U.S. Securities and Exchange Commission. Guardian Metal undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.
 
This announcement does not purport to be full or complete. No reliance may or should be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The information in this announcement is subject to change.
 
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 (0) 20 7213 0880
 
Berenberg
Joint Broker and Financial Adviser
Jennifer Lee/Ivan Briechle
 
Tel: +44 (0) 20 3207 7800
 
Tamesis Partners LLP
Joint Broker
Charlie Bendon/Richard Greenfield
 
Tel: +44 (0) 20 3882 2868
 
Tavistock
 
Financial PR in the UK
 
Emily Moss/Eliza Logan
Tel: +44 (0) 7920 3150 /
 
 +44 (0) 7788 554035
 
guardianmetal@tavistock.co.uk
 
Edelman Smithfield
 
Financial PR in the US
 
 
guardianmetal@edelmansmithfield.com
 
About Guardian Metal Resources 
 
Guardian Metal Resources PLC (NYSE.A: GMTL, LON:GMET, OTCQB:GMTLF) is a strategic mineral exploration company driving the revival of U.S. mined tungsten production and strengthening America's defense metal independence. The Company is advancing two tungsten projects, Pilot Mountain, one of the largest undeveloped tungsten deposits in the U.S. and Tempiute, formerly America's largest producing tungsten operation, both located in Nevada, one of the top-rated mining jurisdictions in the United States.
 
In July 2025, the U.S. Department of War (DoW) under Title III of the Defense Production Act of 1950, as amended, invested US$6.2M in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain PFS.2 The Company completed a U.S. listing on the NYSE American on March 20, 2026. 
 
Tungsten is a strategic metal critical to the defense, energy transition, technology and industrial sectors. In the context of shifting geopolitical dynamics and tightening Chinese export restrictions, Guardian Metal is well positioned to play a leading role in re-establishing a secure, domestically mined U.S. supply chain for this vital defense metal.

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