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LONDON - Guardian Metal Resources plc (LON:GMET, OTCQX:GMTLF), a company specializing in mineral exploration and strategic development, has reported the discovery of potentially significant gallium mineralization at its Nevada, USA projects. The findings come from a recent sampling program at the company’s Pilot Mountain and Tempiute tungsten projects.
Initial assays from a limited number of samples have shown encouraging gallium grades, with Pilot Mountain yielding results between 9.4g/t Ga to 62.5g/t Ga, averaging 26.7g/t Ga. Meanwhile, Tempiute’s samples ranged from 11.95g/t Ga to 67.8g/t Ga, with an average grade of 30.6g/t Ga.
Gallium, a critical element used in semiconductor wafers for defense, telecommunications, and renewable energy applications, has no domestic production in the United States, which currently relies entirely on imports. With export restrictions on gallium from China, the discovery of domestic sources is of strategic importance to the U.S.
The company plans to expand its sampling program to better understand the extent of the gallium mineralization. If further work confirms these preliminary results, gallium could become a valuable co-product of Guardian Metal’s tungsten operations.
The technical information in this announcement has been approved by Mr. Nick O’Reilly (NASDAQ:ORLY), a qualified geologist and the Competent Person under the AIM Rules for Mining and Oil & Gas Companies. The company cautions that these forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from the expectations set forth.
Guardian Metal Resources is advancing its exploration efforts, with the potential to contribute to the U.S. supply of critical metals. This announcement is based on a press release statement from the company.
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