Guardian Metal Resources

Primary Ticker: AMEX:GMTL
Stage of Development: Development, Exploration
Primary Minerals: Silver, Tungsten, Zinc
Country / Region: United Kingdom
Market Cap 500M
Corporate Presentation: Go to presentation
Project Locations: Nevada, United States
Website: Guardian Metal Resources

Guardian Metal Resources PLC is a Nevada focused tungsten exploration and development company which owns the Pilot Mountain and Tempiute tungsten projects. Guardian Metal’s Pilot Mountain Project received a $6.2 million award from the U.S. Department of War in July 2025 and subsequently announced a positive Pre-Feasibility Study on time and on budget in June 2026.

Management Profile:
J.T. Starzecki Executive Chairman As a seasoned executive with over 20 years of experience in the metals & mining industry, Mr. J.T. Starzecki has a proven track record of leading strategic initiatives and driving growth on global mining and exploration projects. His expertise lies in developing premier assets, enhancing shareholder value, capital markets development, government affairs, commercial agreements and implementing best practices in corporate governance. J.T. has successfully led and participated in critical minerals exploration and development projects including Lithium, Potash, Polyhalite, Magnesium and Boron, in projects around the globe.

What are your key goals for the next 3 months?:
1. Submit Mine Plan of Operations for Pilot Mountain off of the back of the PFS, which was completed in June 2026
2. Continue adding to the Pilot Mountain resource by drilling Tremor Zone and Good Hope with the intention to increase Life of Mine
3. Tailings and Underground drilling at Tempiute to define the resource for this mine restart
4. Continue working with our strategic partners at the Department of War as a leader in their long-term Tungsten strategy, as evidenced by their initial investment in June 2025

What are your key goals for the next 6 months?:
1. Deliver the Definitive Feasibility Study on Pilot Mountain
2. Complete indicative financing package for full CAPEX and construction decision

What are your key goals for the next 12 months?:
1. Deliver necessary permits for Pilot Mountain through the BLM
2. FID and commence project construction

What do you think makes your company such a compelling investment?:
Guardian offers investors exposure to one of the few advanced U.S. tungsten development projects at precisely the point when America needs domestic tungsten most. Pilot Mountain already demonstrates exceptional PFS economics, has received direct U.S. Government support, has an emerging commercial pathway, and retains substantial resource-growth potential. The next stage is therefore less about proving that Guardian has a valuable asset and increasingly about converting that strategic and economic value into financing, construction and ultimately production.

What are your corporate activities?:
Government funding → lowers equity dilution and project financing risk Offtake/strategic investment → validates the product and strengthens bankability DFS/FEED advancement → reduces technical risk Permitting progress → reduces schedule risk Tungsten price strength → materially increases project economics Resource expansion → potentially extends mine life and NPV Tempiute advancement → creates an additional U.S. tungsten production option