Guardian Metal expands Nevada project with high-grade finds

LONDON - Guardian Metal Resources plc (LON:GMET, OTCQB:GMTLF), a strategic development and mineral exploration company, has announced significant findings from its Garfield Project in Nevada, revealing high-grade gold, silver, and antimony. The company, which is committed to re-establishing domestic tungsten production in the United States, has staked new claims across the project’s epithermal system.

The recent surface sampling at Garfield has identified high-grade values in gold, silver, antimony, and base-metals, with a reanalysis of a rock sample from the Pamlico Zone yielding 9.9 grams per tonne (g/t) gold, 1,105 g/t silver, and 1.84% antimony. The findings underscore the strategic importance of the Garfield Project amid rising metal prices and the U.S. push for critical mineral independence.

Guardian Metal’s CEO, Oliver Friesen, expressed optimism about the exploration results, which have identified a significant epithermal corridor extending over 4 kilometers in strike length. The company has now secured 100% ownership of this trend, which is royalty-free, by staking an additional 11 mining claims.

With the exploration update, Guardian Metal continues to evaluate potential partnership opportunities for its non-core assets, aiming to maximize shareholder value and capitalize on the resurgence of U.S. exploration and mining.

The technical information has been verified by Mr. Nick O’Reilly (NASDAQ:ORLY), a qualified geologist and the Competent Person under the AIM Rules for Mining and Oil & Gas Companies. Further geological fieldwork has placed previous high-grade findings in context, revealing the presence of low-sulphidation epithermal vein structures and a zone of massive silicification, indicating a substantive mineral system.

Guardian Metal holds a 100% interest in the Garfield Project through its wholly-owned subsidiary, Golden Metal Resources LLC. The original Garfield Project claims are subject to a 2% Net Smelter Return Royalty, with half of the ’High-Grade Zone’ footprint covered by this royalty. However, the newly identified zones are entirely royalty-free.

As Guardian Metal Resources continues discussions for potential joint-venture or option agreement arrangements covering the Project, the market awaits further updates on these developments. The company’s findings at Garfield contribute to its broader goals aligned with recent U.S. Executive Orders promoting critical mineral independence.

This news article is based on a press release statement from Guardian Metal Resources plc.

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