Guardian Metal Resources - May Market Update

Investor webinar replay

Meeting Overview The meeting featured an update from Oliver Friesen, CEO of Guardian Metal Resources, regarding their flagship projects, Pilot North and Tempayut. The discussion focused on recent developments at Tempayut, including a significant expansion of the project footprint and the potential for reprocessing historical tailings to extract tungsten. Key Discussion Points - Overview of the recent staking of 193 new claims at Tempayut, expanding the project footprint by over 375%. - Historical significance of the Tempayut site as a past-producing tungsten mine and its operational history dating back to the 1920s. - The potential for extracting tungsten from existing ore stockpiles and tailings, which were not fully processed in earlier mining operations. - The advantages of reprocessing tailings, including reduced capital and operational costs compared to building a new mine. - Upcoming auger drilling program planned for June, aimed at determining the depth and volume of tailings...

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[Speaker identities could not be resolved; generic labels used] [00:04] Speaker 1: All right, hello folks. I'm joined today by Oliver Friesen, CEO of Guardian Metal Resources for an update on their flagship projects, Pilot North and Tempayut. [00:13] Speaker 1: Oliver, how are you doing today? [00:15] Speaker 2: I'm doing well, Bianca. How are you? Doing very well, thanks. [00:18] Speaker 1: I've got some questions for Oliver, but this is very much an interactive event. So please do use the chat at the bottom of your screen to ask questions at any time during today's event. If I don't get to them for whatever reason, I will make sure that your questions still get through to the Guardian team. [00:33] Speaker 1: As always, this event is being recorded and will be available for replay on Tuesday morning at 9am Eastern. [00:39] Speaker 1: But without further ado, let's get into the meat and potatoes of today's event. [00:43] Speaker 1: Oliver, as always, it's great to have you back, But let's start with the news that moved the stock last week. You staked 193 [00:51] Speaker 1: new claims at Temp-I-Yut and expanded the project footprint by over 375%. [00:58] Speaker 1: Walk us through what your team actually found on the ground that prompted a land grab of that size? [01:05] Speaker 2: Yeah, so just to kind of give a bit of backstory for those who are new to this story. So Tempe Ute is 1 of our co-flagship [01:11] Speaker 2: tungsten assets. And what's really unique about Tempe Ute is that it's 1 of the most storied and historical [01:17] Speaker 2: past producing tungsten mines in the entire USA. So back in the early 1980s, it was 1 of the largest, if not, I believe the largest operating tungsten mine in the entire US. [01:27] Speaker 2: It shut down in 1983 [01:29] Spe...