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Significant Gallium Potential Identified

In brief · summary, not quotable

Gallium sampling programme at Tempiute and Pilot Mountain projects identifies potentially significant gallium mineralisation.

  • Gallium grade at Tempiute 11.95 g/t to 67.8 g/t
  • Average gallium grade at Tempiute 30.6 g/t
  • Gallium grade at Pilot Mountain 9.4 g/t to 62.5 g/t
  • Average gallium grade at Pilot Mountain 26.7 g/t
  • Tempiute samples analysed 9 samples
  • Pilot Mountain samples analysed 11 drill core samples
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Guardian Metal Resources plc (LON:GMET, OTCQX:GMTLF), a strategic development and mineral exploration company focused on tungsten in Nevada, USA, is pleased to announce an update covering the Company's Pilot Mountain and Tempiute tungsten projects, both located in mining friendly Nevada, USA.

Highlights:

§ In light of references noted in the recently acquired historical Tempiute dataset relating to gallium (Ga) potential, the Company immediately initiated a gallium sampling programme covering both Tempiute and Pilot Mountain.

§ At Tempiute, 9 samples collected during the Company's initial due diligence sampling programme were selected for analysis, while at Pilot Mountain, 11 drill core samples from the ongoing 2024/2025 drilling campaign were chosen.

§ While the sample size remains limited at this stage, initial results from both Pilot Mountain and Tempiute point to what appears to be potentially significant gallium mineralisation and, with the results in hand, the Company will be sampling a larger sample size to further develop its understanding of this critical metal.

§ At Pilot Mountain, results range from 9.4g/t Ga to 62.5g/t Ga with an average result of 26.7g/t Ga and at Tempiute results range from 11.95g/t Ga to 67.8g/t Ga with an average grade of 30.6g/t Ga (see Table 1).

§ Similar to tungsten, gallium is a metal which currently has export restrictions from China in place, and of which the U.S. has no domestic mined production and as a result is 100% import reliant.

§ If the follow on work is successful, gallium could represent another mined co-product alongside tungsten and, of particular importance, a metal which the U.S. requires across defence, telecommunications and renewable energy sectors.

Oliver Friesen, CEO of Guardian Metal, commented:

"Following references to gallium noted in historical documentation at Tempiute and given the geological similarities we have seen across Tempiute and Pilot Mountain, we swiftly launched a focused gallium sampling programme across both projects,. Initial results are highly encouraging, with gallium grades averaging 30.6 g/t at Tempiute and 26.7 g/t at Pilot Mountain. While still early, these findings suggest the presence of potentially significant gallium mineralisation. Given gallium's critical role in defence, telecommunications and renewable energy-and the fact that the U.S. currently has no domestic mined production-we see strong strategic merit in expanding our sampling efforts. Should further work confirm these results, gallium could emerge as a strategic co-product alongside our primary focus on tungsten."

Table 1: Gallium Assay Results for Selected Rock and Drill Core Samples

ProjectSample IDEasting (UTM)Northing (UTM)Ga (g/t) by ME-MS61LWO 3 (%) ME-ICP61 /NoteDrill Hole ID / sample typeFrom (m)To (m)
Tempiute001620916416699213.250.37#rock sample
002620918416699416.900.55#rock sample
003620784416614919.250.27#rock sample
006620580416635515.150.48#rock sample
007620581416635557.101.50#rock sample
009620662416670011.950.31#rock sample
011620647416670615.400.36#rock sample
013620647416666459.000.31#rock sample
015620720416695567.800.94#rock sample
Pilot MountainM43455711.053.04~PM24-022122.6123.4
M43455811.101.63~PM24-022123.4124.6
J33958442.800.21#PM24-001121.5123
J33958341.100.12#PM24-001120121.5
J33956362.500.44*PM24-00198.199.7
M43473727.000.35~PM24-02754.355.8
M43462319.302.44~PM24-02360.862.3
M43462425.603.01~PM24-02362.363.1
M06983923.401.58~PM24-017104.7105.9
M06983620.601.51~PM24-017102.7103.6
M0698099.401.50~PM24-01766.468.1

Table Notes: ALS Chemex analytical results stated for Ga (ppm) for method ME-MS61L, and W03 by ME-XRF15c (~), W-XRF10 (*) or ME-ICP61 (#). Average of Ga (g/t) ME-MS61L for Tempiute = 30.64 g/t Ga; for Pilot Mountain 26.71 g/t Ga. 1 part per million (ppm) = 1 gramme per tonne (g/t).

Gallium is a metal element that does not exist freely in the Earth's crust, and which is produced exclusively as a by-product during the processing of the ores of other metals. Its main source material is bauxite (an aluminium ore), but minor amounts are also extracted from zinc bearing minerals such as sphalerite. Gallium compounds are used in the manufacture of semiconductor wafers used in integrated circuits for defence applications, high-performance computers, and telecommunications equipment, and optoelectronic devices, which include laser diodes, light-emitting diodes (LEDs), photodetectors and solar cells.1, 2

References

1: Gallium, Wikipedia page ( https://en.wikipedia.org/wiki/Gallium )

2: Gallium - Mineral Commodity Summaries 2024, United States Geological Survey

( https://pubs.usgs.gov/periodicals/mcs2023/mcs2023-gallium.pdf )

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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