22 January 2025
Guardian Metal Resources
plc
('Guardian Metal' or the
'Company')
Presidential Executive Order
- Unleashing American Energy
Guardian Metal Resources plc
(LON:GMET, OTCQX:GMTLF), a mineral exploration company focused on
tungsten, copper, silver, gold and lithium within Nevada, USA, is
pleased to note the support outlined in the Executive Order signed
on January 20, 2025, by the new president of the United States,
Donald Trump, titled "Unleashing American Energy" (the "Executive
Order"). The landmark policy demonstrates a renewed commitment to
promoting domestic energy and natural resources, directly
supporting Guardian Metal's ultimate mission of mining tungsten, a
key metal essential for modern defence and civilian industries, on
U.S. soil. A link to the Executive Order is provided
below:
https://www.whitehouse.gov/presidential-actions/2025/01/unleashing-american-energy/
Key
sections from the Executive Order benefitting Guardian
Metal:
1. Section 2(b) - Enhancing Critical Mineral
Independence: Sets out the policy to establish the
U.S. position as the leading producer and processor of non-fuel
minerals, highlighting the critical importance of reducing U.S.
reliance on foreign sources for minerals like tungsten. Guardian
Metal's Nevada-based tungsten deposits are strategically positioned
to address this national priority by delivering a secure domestic
supply of this key defence and industrial metal.
2. Section 5(b,c,d) - Efficient Permitting and
Reducing Regulatory Hurdles: Sets out provisions to expedite
and simplify the permitting process by federal agencies that could
otherwise add delays and ambiguity to the process. The focus
will be on expediting the development timelines for U.S.-based
projects, providing clarity and efficiency in navigating federal
permitting requirements. Pilot Mountain is located on federal land
and as such is subject to federal permitting
requirements.
3. Section 9 - Restoring America's Mineral
Dominance :
o 9(a):
Directs relevant agencies to identify all agency
actions that impose undue burdens on the domestic mining and
processing of non-fuel minerals and undertake steps to revise or
rescind such actions.
o 9(e):
Directs the Secretary of Energy to ensure that
critical mineral projects receive consideration for Federal support
which potentially opens avenues for additional funding and support
that Guardian Metal can leverage.
o 9(i):
Directs the Secretary of Defense to consider the
needs of the United States in supplying and maintaining the
National Defense Stockpile, and take all appropriate steps to
ensure that it will provide a robust supply of critical minerals in
event of future shortfall. Guardian Metal's key projects, in
production, would be uniquely positioned to be able to contribute
domestic tungsten to this stockpile supporting U.S. national
security objectives and supply chain stability.
Oliver Friesen, CEO of
Guardian Metal, commented:
"This Executive Order underscores
the critical role domestic mining plays in securing America's
energy independence and supporting key national security
objectives. By prioritising the National Defense Stockpile and
enhancing support for U.S. mining competitiveness, the policy
creates a clear pathway for Guardian Metal's projects to thrive
over the next four years and beyond.
"Guardian Metal is proud to
contribute to this national effort by advancing the development of
our flagship Pilot Mountain tungsten Project, with our ultimate
goal of supporting a robust and secure domestic supply of this
vital metal to U.S. consumers for years to come."
Strategic Impacts on Guardian Metal
Tungsten, the key metal found within
the Pilot Mountain Project, is designated as a critical mineral
which is essential for many industrial and military purposes. The
Executive Order provides clear actionable items which stand to
directly benefit Guardian Metal and its investors. It is
encouraging to see the clear recognition, on the first day of the
new administration, that projects like Pilot Mountain will be
supported by the following key initiatives:
· Faster Permitting
Processes: Enhanced regulatory
clarity and interagency coordination which will allow Guardian
Metal to advance our Nevada-based projects without unnecessary
delays.
· Strengthened Financial
Support: Access to additional
federal funding and incentive programs underscores the government's
commitment to support domestic mining projects like ours from
development and into production.
· Enhanced National Security
Contributions: By supplying a vital
material for strategic industries, our project directly aligns with
U.S. goals of critical mineral independence, stockpiling
initiatives and national security ambitions.
Next Steps
Guardian Metal will actively engage
with all relevant government agencies to align with the
directives outlined in the Executive Order. We are committed to
leveraging this supportive policy framework to expedite the
responsible development of our Nevada-based projects.
Our team continues to advance
technical studies and community engagement initiatives, ensuring we
maintain the highest standards of environmental stewardship and
social responsibility. These efforts position us to capitalise on
this pivotal moment for domestic mining in the U.S.
Forward Looking Statements
This announcement contains
forward-looking statements relating to expected or anticipated
future events and anticipated results that are forward-looking in
nature and, as a result, are subject to certain risks and
uncertainties, such as general economic, market and business
conditions, competition for qualified staff, the regulatory process
and actions, technical issues, new legislation, uncertainties
resulting from potential delays or changes in plans, uncertainties
resulting from working in a new political jurisdiction,
uncertainties regarding the results of exploration, uncertainties
regarding the timing and granting of prospecting rights,
uncertainties regarding the timing and granting of regulatory and
other third party consents and approvals, uncertainties regarding
the Company's or any third party's ability to execute and implement
future plans, and the occurrence of unexpected
events.
Actual results achieved may vary
from the information provided herein as a result of numerous known
and unknown risks and uncertainties and other factors.
For further information visit
www.guardianmetalresources.com
or contact the following:
Guardian Metal Resources plc
Oliver Friesen (CEO)
|
Tel: +44 (0)
20 7583 8304
|
Shard Capital Partners LLP
Lead Broker
Damon Heath/Erik Woolgar
|
Tel: +44 (0) 20 7186 9000
|