Guardian Metal Resources plc has become a member of the Critical Minerals Forum (CMF) in the United States.
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The company holds tungsten, lithium, base and precious licences in Nevada.
Founded in 2024, the CMF has a partnership with the Defense Advanced Research Projects Agency’s (DARPA) open price exploration for national security (OPEN) initiative, which offers “unique access to government stakeholders, industry intelligence, and capital market opportunities”.
“This membership provides Guardian Metal with direct access to the policymakers, industry leaders, and investors who are driving America’s critical minerals strategy,” said chief executive officer Oliver Friesen.
“As we advance development at our co-flagship Pilot Mountain and Tempiute tungsten projects, our CMF membership will help us navigate government partnerships, supply chain relationships, and capital allocation that are essential for bringing domestic tungsten production online in the USA.”
“The forum’s partnership with DARPA’s OPEN initiative is particularly valuable as it provides credible market intelligence and forecasting capabilities that will inform our strategic decisions.”
Guardian is a spin-out from Power Metal Resources plc which currently retains an 18.87% stake.
Power Metal bought two of the projects, Garfield copper-gold and Stonewall gold properties, from Sunrise Resources plc which has a 2% net smelter royalty interest in each.