Exhibit 21.1
| Country | Ownership Interest | ||||
| Entity Name | |||||
| Advance Tungsten Reserve Inc. | United States | 100 | % | ||
| BFM Resources Inc. | United States | 100 | % | ||
| GMET Tungsten Holding Co. | United States | 100 | % | ||
| Golden Metal Resources LLC | United States | 100 | % | ||
| Guardian Gold Ltd. | England and Wales | 100 | % | ||
| Pilot Metals Inc. | United States | 100 | % |