Change of Name

Golden Metal Resources PLC

08 July 2024

 

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: [phone]
Cairn Financial Advisers LLP Nominated Adviser Sandy Jamieson/Jo Turner/Louise O'Driscoll	Tel: [phone]
Shard Capital Partners LLP Lead Broker Damon Heath/Erik Woolgar	Tel: [phone]
First Equity Limited Broker Jonathan Brown/Jason Robertson	Tel: [phone]

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.

 

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