Guardian Metal Resources · LSE:GMET

Guardian Metal Resources — Investor Presentation (July 2025)

25 slides from Guardian Metal Resources's investor presentation, July 2025

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

    Tungsten: Simply Essential for U.S. National & Economic Security July 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: Defense Production Act (DPA) Title III Award

    Defense Production Act (DPA) Title III Award U.S. DoD Awards $6.2 Million to Sustain Critical Production of Tungsten July 23 2025 Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal on 23 July 2025 was awarded US$6.2M from the U.S. Department of Defense under Title III of t

  4. Slide 4: Defense Production Act (DPA) Title III Award

    Defense Production Act (DPA) Title III Award - DPA Title III Mission & Vision - ✓ The DPA Title III office is committed to ensuring resilient, robust domestic supply chains in order to reduce reliance on foreign manufacturing and correct domestic shortfalls in the defense industrial base. ✓ To prote

  5. Slide 5: The Opportunity…

    The Opportunity… GMET is strongly positioned to help America regain defense metal independence, moving supply chains back onto U.S. Soil Owner of Pilot Mountain, which is believed to be Geopolitical tensions are on the rise putting into the largest undeveloped tungsten deposit on focus America’s def

  6. Slide 6: Supportive Environment for U.S. Production of Critical Minerals

    Supportive Environment for U.S. Production of Critical Minerals Tungsten included in several Executive Orders with key takeaways including: • Emphasis on streamlining permitting processes and increasing federal support for domestic resource development. • Strengthening U.S. self-sufficiency in criti

  7. Slide 7: Why Tungsten (W)?

    Why Tungsten (W)? • Highest density & melting point of any metal on earth Pharma (1%); ++ Defense (10%); +++ (making it irreplaceable in modern technology). Mining & Construction (26%); ++ • Traditional uses (filaments/carbides) being replaced Energy (6%); ++ by high tech use cases (e.g. tungsten wi

  8. Slide 8: Corporate Overview

    Corporate Overview Listing Information • Guardian Metal Resources plc (LON: GMET, OTCQX: Listing Information Shares in Issue As of 01 July 2025 139,438,971 GMTLF) is a resource Company focused on reshoring tungsten production back onto U.S. soil. Stock Exchange LON, OTCQX • Share Structure: ~57% sha

  9. Slide 9: Property Package

    Property Package 1) Pilot Mountain Tungsten Project 100% Owned – On BLM Land Skarn-type Project which hosts a Mineral Resource Estimate (MRE) of 12.53Mt at 0.27% W03 with significant Cu-Ag-Zn Credits 2) Tempiute Tungsten Project Option to earn 100% – On Patented Land Past-producing skarn-type tungst

  10. Slide 10: Pilot Mountain (PM) Project – Drilling Ongoing

    Pilot Mountain (PM) Project – Drilling Ongoing • Project located 200km SE of Reno which hosts a Mineral Resource Estimate (MRE) of 12.53Mt at 0.27% W03 with significant Cu-Ag-Zn credits (see appendix A for full breakdown). • GMET signed LOI with U.S.-based Global Tungsten & Powders (GTP) in respect

  11. Slide 11: Pilot Mountain (PM) Project – Drilling Ongoing

    Pilot Mountain (PM) Project – Drilling Ongoing • 2024/2025 drilling campaign ongoing with multiple holes still to report. 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 mineralised

  12. Slide 12: 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% of the Project by making a US $1,000,000 payment to the vendor on completion of an updated 43-101 compliant resource

  13. Slide 13: Tempiute Tungsten Project

    Tempiute Tungsten Project • Significant skarn/porphyry 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

  14. Slide 14: Why Nevada?

    Why Nevada? • Nevada ranked #2 in overall mining Investment Attractiveness Index by Fraser Institute 2023 annual survey. • With over 173 years of gold & silver mining history, Nevada continues to be one of the top producers of precious metals in the world. • In 2018 Nevada accounted for 83% of USA’s

  15. Slide 15: Tungsten and Antimony – A Comparison

    Tungsten and Antimony – A Comparison We have seen this movie Tungsten (W) Antimony (Sb) • Dual Use – Across Military and Industry • Dual Use – Across Military and Industry • Key military use in munitions and • Key military use in munitions and night vision tank/personal body armour goggles • Zero do

  16. Slide 16: Board of Directors

    Board of Directors Jason Thomas (“J.T”) 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 Starzecki assets, en

  17. Slide 17: Management & Advisors

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

  18. Slide 18: Conclusion

    Conclusion Guardian Metal is at the forefront of U.S. tungsten exploration and development with its co- flagship Pilot Mountain and Tempiute tungsten projects – both located in the mining friendly state of Nevada. • . Given global geopolitical instability, current tariff environment and U.S. depende

  19. Slide 19: Contact

    Contact Guardian Metal Resources Plc. Salisbury House, London Wall, London, EC2M 5PS United Kingdom Info@guardianmetalresources.com +44 20 3778 1396 www.guardianmetalresources.com @GuardianMetalRes (twitter) 19

  20. Slide 20: Appendix A – Pilot Mountain Resource Breakdown

    Appendix A – Pilot Mountain Resource Breakdown 2018 Mineral Resource Estimate (MRE)* RESOURCE TUNGSTEN TRI-OXIDE SILVER COPPER ZINC Mt Grade (%) Contained Grade (g/t) Contained Grade (%) Contained Grade (%) Contained metal (t) metal (t) metal (t) metal (t) Desert Indicated 9.01 0.26 23,400 20.73 187

  21. Slide 21: Appendix B – Other Projects

    Appendix B – Other Projects

  22. Slide 22: Garfield Property

    Garfield Property • Located 14km east of Hawthorne, NV. • Four major zones have now been identified which include the ‘Power Line Zone’, ‘Freeze’ : ‘High-Grade Zone’ A c. 2km by 1km zone centrally located within the Project. High-grade rock samples over large footprint (incl. 5.53% Cu, 2.37% Cu & 27

  23. Slide 23: Kibby Basin Lithium Project

    Kibby Basin Lithium Project • Project is located less than 5km SW of the Company’s flagship Pilot Mountain Project and less than 30km east of Mina, Nevada. • Nevada hosts some of the world’s largest lithium deposits including Thacker Pass and Silver Peak. Within the State, lithium is found predomina

  24. Slide 24: Golconda Summit Property

    Golconda Summit Property • Carlin-type gold Property located at the confluence of the prolific Getchell and Battle Mountain – Eureka Trends. • 35km SW of Turquoise Ridge Complex Mine. • 20km NW Lone Tree Complex. • 30km NW of Marigold Mine (5.66Moz Au M&I). • Located 27km east of Winnemucca nearby t

  25. Slide 25: Stonewall Property

    Stonewall Property S • Located 24km southeast of the historic mining town of Goldfield in Nye County, Nevada, within the Walker Lane Mineral Belt, and less than 60km SW of the famous silver mining town of Tonopah. • Centred on a ~1.2km long (open along strike) quartz vein with prevalent low-sulphida

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