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Pilot North: Very-High Grade Assay Results

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Pilot North project returns very-high grade assay results for copper, silver, tungsten and polymetals from 92 rock chip samples.

  • Copper overlimit assay results 31 samples including up to 14.65% Cu
  • Silver overlimit assay results 12 samples including up to 708 g/t Ag
  • Tungsten trioxide overlimit assay results 13 samples including up to 0.59% WO3
  • Rock chip samples assayed 92
  • Gold results up to 1.025 ppm Au
  • Zinc results up to 12% Zn
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Guardian Metal Resources plc (LON:GMET, OTCQB:GMTLF), a strategic development and mineral exploration company focused on tungsten in Nevada, USA, is pleased to provide an exploration update for the recently acquired, 100%-owned, Pilot North tungsten-copper project ("Pilot North" or the "Project"), located in the Walker Lane Mineral Belt, approximately 15km northwest of the Company's Pilot Mountain project, in Nevada.

The Company's mission is to establish Guardian Metal as a cornerstone of U.S. tungsten supply, directly supporting national efforts to reshore production of this critical defence mineral. With tungsten designated as a strategic priority by the U.S. government, the Company is advancing its two flagship Nevada projects-Tempiute and Pilot Mountain. By unlocking domestic tungsten resources, Guardian Metal aims to help reduce reliance on foreign supply chains, strengthen U.S. economic and defence security, and deliver long-term value for shareholders.

The Company has now received the assay results for 92 rock chip samples collected during geological fieldwork following the recent staking of Pilot North through direct mining claim staking totalling 102 new Bureau of Land Management ("BLM") Lode Claims, announced 13 August 2025.1 The Project was established as a direct result of the Company's ongoing regional exploration programme.

Oliver Friesen, CEO of Guardian Metal, commented:

"I am very pleased with the progress we have made on Pilot North since our initial staking just a few months ago. The combination of both the high tenor and consistency of the rock chip assay results-particularly in copper, silver, and tungsten-across much of the Project area is very encouraging and, in our view, underscores the potential importance of this developing opportunity for the Company.

"Importantly, this Project is 100% owned by Guardian Metal, royalty free. Conveniently, it is also 15 km away from Pilot Mountain and shares the same access road.

"We look forward to continuing to move this opportunity forward rapidly, alongside the important work that is currently ongoing at both Pilot Mountain and Tempiute."

TECHNICAL SUMMARY

§ Pilot North includes the historical World War II-era mines of "Copper Head", "Western Metals", "Muller Mountain", "Jasper" and "Tungsten Valley", each with extensive outcropping tungsten (W) - copper (Cu) bearing skarns at the contact of granitic intrusions with limestones of the Luning Formation (i.e. the same geology as the Company's Pilot Mountain project).

§ Notably, very high-grade copper, silver, tungsten, zinc and strongly anomalous lead, gallium and gold was returned from multiple areas within the Project including (Table 1):

o 31 overlimit copper assay results including: 14.65%, 10.6%, 9.21%, 8.86%, 7.22%, 6.92%, 6.89%, 6.78%, 6.7%, 6.27%, 5.56% and 5.3% Cu.

o 12 overlimit silver assay results including: 708 g/t, 538 g/t, 496 g/t, 319 g/t, 284 g/t, and 276 g/t Ag.

o 13 overlimit tungsten trioxide (WO3) assay results including: 0.59%, 0.46%, 0.40%, 0.36%, and 0.36% WO3.

o Additionally, gold results up to 1.025 ppm Au, gallium results up to 49 ppm Ga, zinc results up to 12% Zn, and lead results up 3.81% Pb.

§ The Company shortly will be undertaking detailed geological mapping of the most prospective areas to guide the next exploration steps which may include geophysical surveys and diamond drilling.

BACKGROUND

Pilot North is located approximately 15 km northwest of the Company's co-flagship Pilot Mountain project and shares the same road access. Pilot North comprises five distinct areas: Copper Head, Western Metals, Muller Mountain, Tungsten Valley and Jasper. The Company considers that these all represent genetically related tungsten-copper-polymetallic skarn mineralisation at the contacts of granitic intrusions with limestones of the Luning Formation, a similar geological setting to the deposits at Pilot Mountain.

Following initial reconnaissance and staking of Pilot North, the Company's expert geological consultant, Dr Lawrence Carter, undertook detailed geological mapping and sampling across the Project to characterise the mineralisation and to develop strategies to advance Pilot North as a satellite to the Company's flagship Pilot Mountain project. From this fieldwork, 92 rock chip sampled were assayed at ALS USA Inc laboratories using the following analytical packages: ME-MS61 for multielement, Au-ICP21 for gold, ME-XRF15c for high grade WO3 and Ag/Cu/Pb/Zn-OG62 for overlimit samples (see Table 1).

Table 1. Summary of Rock Chip Sample Assay Results

SAMPLEAuAgAgCuCuPbPbGaZnZnWO3
Unitppmppmppmppm%ppm%ppmppm%%
ALS Lab MethodAu-ICP21ME-MS61Ag-OG62ME-MS61Cu-OG62ME-MS61Pb-OG62ME-MS61ME-MS61Zn-OG62ME-XRF15c
LCCH010.13832325
LCCH0252.902.581231336
LCCH0381.204.014231,990
LCCH0455.203.344131,450
LCCH053.131,840317188
LCCH061152.2915511554
LCCH0786.102.565121.17
LCCH082.61754817420
LCCH090.451411332373
LCCH1030.705.56251121.15
LCCH111.0397.002.80424578
LCCH120.0512.053,910324182
LCCH130.015.451,86020718648
LCCH1420114.652,85021.30
LCCH157087,9703.81172,880
LCCH162312,0806,260173,0600.19
LCCH175386583.19189,2100.59
LCCH180.0548.502.2713024236
LCCH193.461882091689
LCCH202.331,1204816161
LCCH210.615.30131733
LCCH221.226,0201934141
LCCH230.447.22714442
LCCH2413.502,32081546
LCCH251.85918101847
LCCH262.946248429170
LCCH270.75601111831
LCJA0141.001231,5201446
LCJA020.305816176
LCJA031.046519611
LCJA040.214114128
LCJA054.381,05582981
LCMM010.010.93429320384
LCMM024.447,180516753
LCMM031.261,205511291
LCMM040.014.052,2901319179
LCMM050.7628652073
LCMM066.221,140112168
LCMM070.001.621.764313460.14
LCMM080.1917243423
LCMM0924.501.874101.36
LCMM100.81857622633
LCMM110.103196.781,53072,0800.14
LCMM121.242221118336
LCMM131.814631814118
LCMM140.26891316139
LCMM150.351431313116
LCMM165.591,4052716306
LCMM170.1279.902.0845734,5900.11
LCMM182.7767073171,665
LCMM1959.003.05691121.57
LCMM2059.801.297872,360
LCMM210.008.351,47023121.03
LCMM2284.909.211021412.000.46
LCMM234966.701,92034,660
LCMM242158.863179,9900.19
LCMM256.591,4504722250
LCMM262846.923981.61
LCMM272.432,53021181,375
LCMM2837.802.9584321,265
LCMM290.40155346233
LCMM301332.99688366,5600.36
LCTV010.4924832181670.24
LCTV022.327912350209
LCTV0330.908,120986345340.19
LCTV043.691,29024310551
LCTV0524.503511,81093350.27
LCTV0614.151,7701416101
LCTV070.48354151664
LCWM012764.511,275352,880
LCWM027.193,2203244358
LCWM0325.103.099161,875
LCWM040.071326.8931121,120
LCWM050.6139541262
LCWM060.0133.802.4823101,085
LCWM070.016.816.27361,955
LCWM0819.304.123206,890
LCWM090.347301,03031.52
LCWM100.040.807,6206183,270
LCWM110.1868.506688,0302980
LCWM120.5314.553041,7052234
LCWM130.1371.601312,4601209
LCWM140.5394.401.063,8401284
PZMM0191.2010.6021102,700
PZMM020.64361222475
PZMM030.9174082885
PZMM040.1665121883
PZMM050.1949622100
PZMM060.1123101973
PZMM070.0524.203,7407272410.36
PZMM0825.103,9007272570.40
HRWM06250.352371142253

Table Notes : Summary of certificated assay results provided by accredited laboratory ALS USA Inc. ppm: parts per million, 10,000 ppm = 1%

MEDIA

Figure 1. Example of copper oxide rich garnet skarn outcropping on the Pilot North project.

Figure 2. Example of historical mine workings on the Pilot North project targeting garnet skarns.

Figure 3. Visible light and ultraviolet (UV) light view of copper oxide and scheelite rich skarn from the Muller Mountain area.

PROPERTY OWNERSHIP

Guardian Metal holds a royalty free, 100% interest in the Pilot North Project, through its wholly-owned Nevada operating company, Golden Metal Resources LLC.

References

1 Company Announcement, Pilot North: Enlargement following Assay Results, dated 13 August 2025

( https://polaris.brighterir.com/public/guardian_metal_resources/news/rns/story/w106z3r )

2 Company Announcement, Pilot North Tungsten Project Acquired via Staking, dated 7 July 2025 ( https://polaris.brighterir.com/public/guardian_metal_resources/news/rns/story/wveg0px )

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

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