Guardian Metal Resources · LSE:GMET

Guardian Metal Resources — Investor Presentation (January 2026)

16 slides from Guardian Metal Resources's investor presentation, January 2026

  1. Slide 1: Tungsten: Simply Essential for U.S. National & Economic Security

    Tungsten: Simply Essential for U.S. National & Economic Security January 2025 – Corporate Presentation LON:GMET OTCQX:GMTLF

  2. Slide 2: Disclaimer

    Disclaimer These presentation materials (the “Presentation Materials”) are being distributed in the UK only to persons having professional experience in matters relating to investments and who are investment professionals as specified in Article 19(5) of the Financial Services and Markets Act 2000 (

  3. Slide 3: Strategic Rationale

    Strategic Rationale Rebuilding America’s tungsten supply chain — from the ground up Owner of Pilot Mountain and Tempiute – two Geopolitical tensions are on the rise putting into significant Nevada-based tungsten Projects. focus America’s defense metal provenance. Executive Orders encourage U.S. deve

  4. Slide 4: Supportive Environment for U.S. Critical Minerals

    Supportive Environment for U.S. Critical Minerals Tungsten included in several Executive Unleashing American Energy Orders with key takeaways including: Executive Orders | Jan 20, 2025 • Emphasis on streamlining permitting processes and increasing federal support for domestic resource development. D

  5. Slide 5: Why Tungsten (W)?

    Why Tungsten (W)? • Highest density & melting point of any metal on earth Chemicals / (making it difficult to replace in modern technology). Others (10%) • Traditional uses (filaments/carbides) being replaced by high Aerospace Mining & (5%) tech use cases (e.g. tungsten wires below & nuclear fusion)

  6. Slide 6: The Projects

    LON:GMET OTCQX:GMTLF The Projects December 2025 – Corporate Presentation 6 Pilot Mountain

  7. Slide 7: Co-Flagship Tungsten Projects

    Co-Flagship Tungsten Projects Pilot Mountain Tungsten Project 100% Owned – On BLM Land Skarn-type Project which hosts a Mineral Resource Estimate (“MRE”) of indicated 8,694,000 tonnes at 0.206% WO3 and inferred 1,784,000 tonnes at 0.169% W03 with Ag-Cu-Zn Credits Tempiute Tungsten Project Option to

  8. Slide 8: Pilot Mountain Project

    Pilot Mountain Project • Project located 200km SE of Reno which hosts a MRE of indicated 8,694,000 tonnes at 0.206% WO3 and inferred 1,784,000 tonnes at 0.169% W03 with Ag- Cu-Zn Credits (see appendix A for full breakdown). • GMET signed LOI with U.S.-based Global Tungsten & Powders (GTP) in respect

  9. Slide 9: Pilot Mountain Project

    Pilot Mountain Project • 2026 drilling campaign ongoing with multiple holes still to report from Desert scheelite and Garnet. Highlight results include: • PM24-012: 39.3m of 0.735% WO₃, 39.7g/t Ag, 0.44% Cu, 0.30% Zn from 66m. This equates to 1.02% WO₃Eq or 3.45% CuEq. • PM24-001: 3 strongly mineral

  10. Slide 10: Tempiute Tungsten Project

    Tempiute Tungsten Project • Tempiute is located in south-central Nevada, 237km north of Las Vegas and 290km by road from Pilot Mountain. • Guardian Metal holds an option to earn 100% by making a US $1,000,000 payment (subject to certain assumptions) to the vendor on completion of an updated 43-101 c

  11. Slide 11: Tempiute Tungsten Project

    Tempiute Tungsten Project • Significant mineralised footprint across Project with adits on 5 main levels over 2.5km strike length and vertical shaft to 350m. • 2003 Summary Appraisal valued in-place Tempiute infrastructure at US $17,890,000. • Multiple new zones of tungsten-rich skarn mineralisation

  12. Slide 12: Corporate Overview

    Corporate Overview • Guardian Metal Resources plc (LON: GMET, OTCQX: GMTLF) is a resource Company focused on reshoring tungsten production back onto U.S. soil. • Share Structure: ~61% shareholding of the business represented by TR1 & strategic shareholders. • One of very few U.S.-focused pure-play t

  13. Slide 13: Board of Directors

    J.T. Starzecki Board of Executive Chairman As a seasoned executive with 20 years of experience in the metals & mining industry, Mr. Starzecki has a proven track record of leading strategic initiatives and driving growth in the mining sector. His expertise lies in developing premier assets, enhancing

  14. Slide 14: Management & Advisors

    Management R. Michael Jones Strategic Advisor Michael is a geological engineer (P. Eng, BASc) with 40 years of experience in mineral exploration, mine development and & Advisors operations experience globally. He is the founder of companies that have discovered and developed several mines. He was aw

  15. Slide 15: Conclusion

    Guardian Metal Resources Plc. Conclusion Salisbury House, London, EC2M 5PS Info@guardianmetalresources.com Guardian Metal is at the forefront of U.S. +44 20 3778 1396 tungsten exploration and development with www.guardianmetalresources.com its co-flagship Pilot Mountain and Tempiute tungsten project

  16. Slide 16: Appendix A – Pilot Mountain MRE Breakdown

    Appendix A – Pilot Mountain MRE Breakdown Indicated and Inferred Mineral Resource Estimates for Pilot Mountain (as of December 1, 2025) Desert Scheelite Mineral Resources Cut-off Average Grade Contained Metal Classification % WO3 Tonnes % WO3 g Ag/t % Cu % Zn t WO3 oz Ag t Cu t Zn Indicated 0.06 8,6

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