Company Profile

Guardian Metal Resources PLC (LON:GMET, OTCQB: GMTLF, NYSE A:GMTL) is a Nevada focused tungsten exploration and development company which owns the Pilot Mountain and Tempiute tungsten projects.

In light of the current tariff landscape and recent Chinese export restrictions covering tungsten, Guardian Metal is leading the U.S.’s efforts to re-establish a stable and dependable domestic mined supply of this critical mineral.

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.

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Owner of Pilot Mountain and Tempiute — two significant Nevada-based tungsten projects.

02

LOI offtake agreement signed with Global Tungsten & Powders.

03

China accounts for more than 80% of global tungsten supply and has implemented export restrictions as of February 2025.

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Tungsten prices have risen over 500% since February 2025, now at over $3,130 + per Mtu APT (Fastmarkets).

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Geopolitical tensions highlight America’s defense metal provenance; Executive Orders encourage U.S. mine development.

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Tungsten is a key metal used in the defense industry (e.g. armor-piercing ammunition and tank armors).

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Imports of tungsten ores and alloys from China and Russia for U.S. DoW procurement banned as of January 2027.

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Government awards (e.g. DPA III) provide potential non-dilutive financing for future exploration and development.