Guardian Metal Resources PLC Announces Tempiute Update - Historical Schofield Mine Acquired
Guardian Metal Resources (OTCQX:GMTLF) has expanded its Tempiute tungsten project in Nevada through the acquisition of 18 BLM unpatented Lode Mining Claims, one Placer Claim, and three Mill Site Claims for US $40,000. The acquisition includes the historical Schofield open-pit mine and extends the mineralized strike length to approximately 3km.
The expansion follows the company's recent US $6.2M Department of Defense award and successful US $21M equity raise. Guardian Metal plans to commence multiple geophysical surveys and launch its inaugural diamond drilling campaign at Tempiute, focusing on defining near-surface resources at the Schofield Mine and exploring additional mineralized zones around the North Stock area.
Guardian Metal Resources (OTCQX:GMTLF) ha ampliato il suo progetto di tungsteno Tempiute in Nevada acquisendo 18 concessioni minerarie non brevettate Lode del BLM, una concessione Placer e tre concessioni per siti di mulini per un valore di 40.000 dollari USA. L'acquisizione include la storica miniera a cielo aperto Schofield e estende la lunghezza della zona mineralizzata a circa 3 km.
L'espansione segue il recente finanziamento di 6,2 milioni di dollari USA dal Dipartimento della Difesa e la riuscita raccolta di capitali per 21 milioni di dollari USA. Guardian Metal prevede di avviare pi霉 indagini geofisiche e lanciare la sua prima campagna di perforazioni diamantate a Tempiute, concentrandosi sulla definizione delle risorse vicino alla superficie presso la miniera Schofield e sull'esplorazione di ulteriori zone mineralizzate nell'area North Stock.
Guardian Metal Resources (OTCQX:GMTLF) ha ampliado su proyecto de tungsteno Tempiute en Nevada mediante la adquisici贸n de 18 reclamos mineros Lode no patentados del BLM, un reclamo Placer y tres reclamos de sitio de molino por un valor de 40,000 d贸lares estadounidenses. La adquisici贸n incluye la hist贸rica mina a cielo abierto Schofield y extiende la longitud del yacimiento mineralizado a aproximadamente 3 km.
La expansi贸n sigue al reciente premio de 6,2 millones de d贸lares del Departamento de Defensa y a la exitosa captaci贸n de capital por 21 millones de d贸lares. Guardian Metal planea iniciar m煤ltiples estudios geof铆sicos y lanzar su primera campa帽a de perforaci贸n diamantina en Tempiute, enfoc谩ndose en definir los recursos cercanos a la superficie en la mina Schofield y explorar zonas mineralizadas adicionales alrededor del 谩rea North Stock.
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鞚措矆 頇曥灔鞚� 須岇偓臧� 斓滉芳 氙� 甑癌攵�搿滊秬韯� 620毵� 雼煬鞚� 靸侁笀鞚� 氚涥碃, 靹标车鞝侅溂搿� 2,100毵� 雼煬鞚� 鞛愲掣 臁半嫭鞚� 鞕勲頃� 雿� 霐半ジ 瓴冹瀰雼堧嫟. Guardian Metal鞚� 鞐煬 歆�甑毽暀 臁办偓鞕� Tempiute鞐愳劀 觳� 氩堨Ц 雼れ澊鞎勲霌� 鞁滌稊 旌犿帢鞚胳潉 鞁滌瀾頃� 瓿勴殟鞚措┌, Schofield 甏戩偘 攴检矘鞚� 響滊┐ 鞛愳洂 鞝曥潣鞕� North Stock 歆�鞐� 欤茧硛鞚� 於旉皜 甏戨頇� 甑棴 韮愳偓毳� 欷戩爯鞝侅溂搿� 歆勴枆頃� 鞓堨爼鞛呺媹雼�.
Guardian Metal Resources (OTCQX:GMTLF) a 茅tendu son projet de tungst猫ne Tempiute au Nevada en acqu茅rant 18 concessions mini猫res Lode non brevet茅es du BLM, une concession Placer et trois concessions de site de moulin pour 40 000 dollars US. Cette acquisition inclut la mine 脿 ciel ouvert historique de Schofield et 茅tend la longueur du filon min茅ralis茅 脿 environ 3 km.
Cette expansion fait suite 脿 la r茅cente subvention de 6,2 millions de dollars US du D茅partement de la D茅fense et 脿 une lev茅e de fonds r茅ussie de 21 millions de dollars US. Guardian Metal pr茅voit de lancer plusieurs enqu锚tes g茅ophysiques et de d茅marrer sa premi猫re campagne de forage diamant茅 脿 Tempiute, en se concentrant sur la d茅finition des ressources en surface 脿 la mine Schofield et l'exploration de zones min茅ralis茅es suppl茅mentaires autour de la zone North Stock.
Guardian Metal Resources (OTCQX:GMTLF) hat sein Tempiute-Wolframprojekt in Nevada durch den Erwerb von 18 unpatentierten Lode-Minenanspr眉chen des BLM, einem Placer-Anspruch und drei M眉hlenstandortanspr眉chen 蹿眉谤 40.000 US-Dollar erweitert. Die Akquisition umfasst die historische Tagebaumine Schofield und verl盲ngert die mineralisierte Streichl盲nge auf etwa 3 km.
Die Erweiterung folgt auf den j眉ngsten 6,2 Millionen US-Dollar Zuschuss des Verteidigungsministeriums und die erfolgreiche Kapitalerh枚hung von 21 Millionen US-Dollar. Guardian Metal plant die Durchf眉hrung mehrerer geophysikalischer Untersuchungen und den Start seiner ersten Diamantbohrkampagne in Tempiute, mit Fokus auf die Definition von oberfl盲chennahen Ressourcen der Schofield-Mine und die Erkundung zus盲tzlicher mineralisierter Zonen rund um das North Stock-Gebiet.
- Strategic acquisition of historical Schofield mine and additional claims for only US $40,000
- Recent US $6.2M Department of Defense award received
- Successful completion of US $21M equity raise
- Royalty-free ownership structure of newly acquired claims
- Potential for near-surface resource definition at historical Schofield Mine
- Exploration stage project with no defined resources yet
- Success dependent on future drilling and exploration results
Tempiute Update - Historical Schofield Mine Acquired
New Ground, Including Schofield Mine, Acquired, Extending Mineralised Strike Length at Tempiute to ~3km
LONDON, GB / / July 28, 2025 / Guardian Metal Resources plc (LON:GMET)(OTCQX:GMTLF), a recent United States Department of Defense ("DoD") award recipient and mineral exploration development company focused on tungsten in Nevada, USA, is pleased to announce the further expansion of the Tempiute tungsten project ("Tempiute" or the "Project"). Tempiute, formerly known as the Emerson Tungsten Mine, is located in south-central Nevada less than 250 miles (402 km) southeast of the Company's Pilot Mountain tungsten project.
As part of its ongoing systematic evaluation of Tempiute-historically one of the top tungsten-producing mines in the United States-Guardian Metal identified multiple zones of exposed tungsten mineralisation adjacent to the Company's existing Tempiute land holding.
Guardian Metal has now completed the acquisition of these mineralised zones via a direct purchase agreement covering 18 Bureau of Land Management ("BLM") unpatented Lode Mining Claims, one BLM Placer Claim, and three BLM Mill Site Claims. Notably, the lode claims cover the historical Schofield open-pit mine. As a result, the Company has significantly strengthened its
Oliver Friesen, CEO of Guardian Metal, commented:
"The acquisition of these sub surface rights is another very positive step towards unlocking the full potential of the Tempiute district. The newly purchased claims provide royalty free ownership of the historical open-pit Schofield mine and further expand the overall footprint of the Tempiute Project.
"Building on last week's significant progress, we are now well-positioned to rapidly expand operations at Tempiute. With this key ground now secured, investors can look forward to a steady stream of news in the months ahead as multiple geophysical surveys commence and the Company launches its inaugural diamond drilling campaign at Tempiute.
"Guardian Metal will be pushing this exciting project forward in parallel with Pilot Mountain, towards our ultimate goal of providing the United States with a domestically mined source of tungsten."
HIGHLIGHTS
18 additional BLM Lode Mining Claimsacquired adjacent to Guardian Metal's existing claim holdings, further expanding the Tempiute Project footprint.
There is potential to define near-surface resourcesat the historical Schofield Mine, where only small-scale mining occurred in the past. Further mineralisation beneath the mine was confirmed by Union Carbide Corporation in the late 1970s.
New ground covers additional mineralised exposure around the North Stock(Figure 1) where recent exploration discoveries indicate that the eastern edge of the North Stock contains high grade tungsten-bearing skarn mineralisation (Table 1).1
Sampling on the newly acquired claimsis now underway with results to be released in the coming weeks.
Direct purchase agreementsigned includes
100% ownership of all the claims which are now directly held by Guardian Metal's wholly-owned US subsidiary with no royalties (Table 1). The total purchase price for the claims was US$40,000.
With the recently received United States DoDUS
$6.2M award for Pilot Mountain and the completed US$21M equity raise, operations across the business, at both Pilot Mountain and Tempiute, will expand significantly with the robust exploration and drilling programme at Tempiute to commence soon.
ADDITIONAL SUBSURFACE RIGHTS ACQUIRED
Guardian Metal has completed a purchase agreement to acquire 18 unpatented BLM Lode Mining Claims, three Mill Site Claims and one Placer Mining Claim located adjacent and near to Tempiute (Table 1). This acquisition further expands Guardian Metal's footprint at the Project, whilst adding additional exploration targets and strategic land for drilling down-dip extensions of surface-exposed tungsten-bearing skarn mineralisation.
Table 1: US Bureau of Land Management Lode, Placer and Mill Site Claims Acquired.
Claim Name | BLM Claim Type |
TEMPIUTE NO. ONE Mill Site | MILL SITE |
TEMPIUTE NO. TWO Mill Site | MILL SITE |
TEMPIUTE NO. THREE Mill Site | MILL SITE |
TMP 1 | PLACER CLAIM |
TM NO. 7 | LODE MINING CLAIM |
TM NO. 8 | LODE MINING CLAIM |
TM NO. 9 | LODE MINING CLAIM |
TM NO. 10 | LODE MINING CLAIM |
TM NO. 11 | LODE MINING CLAIM |
TM NO. 12 | LODE MINING CLAIM |
TM NO. 13 | LODE MINING CLAIM |
NEVADA NO. 1 | LODE MINING CLAIM |
NEVADA NO. 2 | LODE MINING CLAIM |
NEVADA NO. 3 | LODE MINING CLAIM |
NEVADA NO. 4 | LODE MINING CLAIM |
TM #15 | LODE MINING CLAIM |
TM #16 | LODE MINING CLAIM |
TM #17 | LODE MINING CLAIM |
TM #18 | LODE MINING CLAIM |
TM #19 | LODE MINING CLAIM |
TM #20 | LODE MINING CLAIM |
TM #21 | LODE MINING CLAIM |
NEXT STEPS
The Company is finalising plans for an extensive geological mapping programme over the North Stock focusing on contacts with the calcareous host rocks which are often metasomatically mineralised to create tungsten-bearing skarns. A further campaign will be focused around the newly acquired ground at the South Thumb Skarn area (Figure 1). Both campaigns will include significant geochemical sampling which is now underway.
Additionally, multiple geophysical programmes will commence shortly, which include a high-resolution drone magnetics survey, as well as a high-resolution induced polarisation ("IP") survey that will contain multiple cross-sections over fertile intrusive and projected tungsten skarn-zones. A drill rig has been secured and preparations for the upcoming drilling campaign are well underway with further updates expected in due course.
MEDIA
Figure 1: Tempiute Overview Map
Figure 2: Contact of the Mineralised Tungsten-Skarn (Brown) and the unmineralised Marble (Grey) at the historical Schofield Mine area.
References:
1:
COMPETENT PERSON STATEMENT
The technical information contained in this disclosure has been read and approved by Mr Nick 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. 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). The Directors of the Company are responsible for the contents of this announcement.
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, such as general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, uncertainties resulting from potential delays or changes in plans, uncertainties resulting from working in a new political jurisdiction, uncertainties regarding the results of exploration, uncertainties regarding the timing and granting of prospecting rights, uncertainties regarding the timing and granting of regulatory and other third party consents and approvals, uncertainties regarding the Company's or any third party's ability to execute and implement future plans, and the occurrence of unexpected events.
Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors.
For further information visitor 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 |
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit .
SOURCE: Guardian Metal Resources PLC
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