Guardian Metal Resources PLC (QB) (GMTLF)

Guardian Metal Resources PLC Announces Total Voting RightsJune 30, 2026 12:25 PM
ACCESS NewswireLONDON, UK / ACCESS Newswire / June 30, 2026 / Guardian Metal Resources plc ("Guardian Metal" or the "Company") (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF)In accordance with the Financial Conduct Authority's ("FCA") Disclosure and Transparency Rules, the Company hereby announces that as at 30 June 2026 there were 194,807,981 ordinary shares of £0.01 each in issue, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 194,807,981.The above figure of 194,807,981 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.The Directors of the Company are responsible for the release of this announcement.For further information in the United States contact the following:Edelman SmithfieldFinancial PR in the United Statesguardianmetal@edelmansmithfield.comFor further information in the United Kingdom contact the following:Guardian Metal Resources plcOliver Friesen (CEO)Tel: +44 (0) 20 7078 8496Cairn Financial Advisers LLPNominated AdviserSandy Jamieson/Jo Turner/Louise O'DriscollTel: +44 (0) 20 7213 0880BerenbergJoint Broker and Financial AdviserJennifer Lee/Ivan BriechleTel: +44 (0) 20 3207 7800Tamesis Partners LLPJoint BrokerCharlie Bendon/Richard GreenfieldTel: +44 (0) 20 3882 2868TavistockFinancial PR in the UKEmily Moss/Josephine ClerkinTel: +44 (0) 7920 3150 /+44 (0) 7788 554035guardianmetal@tavistock.co.ukAbout Guardian Metal ResourcesGuardian Metal Resources PLC (LON: GMET, OTCQX: GMTLF, NYSE A: GMTL) is a U.S.-focused exploration-stage company focused on tungsten in Nevada, United States. Its principal tungsten asset is the Pilot Mountain project, followed by the Tempiute project, which are both situated in historic tungsten districts with well-known occurrences of mineralization that have seen prior tungsten mining activity by third parties.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Guardian Metal Resources PLCView the original press release on ACCESS NewswireOriginal: Guardian Metal Resources PLC Announces Total Voting Rights

Guardian Metal Advances Toward Becoming a Key U.S. Tungsten Producer Following Strong Pilot Mountain PFSJune 30, 2026 8:26 AM
IH Market News Guardian Metal Resources (AMEX:GMTL), (USOTC: GMTLF), (LSE:GMET) has reached an important development milestone with the release of the Pre-Feasibility Study (PFS) for its Pilot Mountain Tungsten Project in Nevada. The results reinforce the project’s potential to become a significant domestic source of tungsten at a time when the United States is seeking to strengthen critical mineral supply chains and reduce reliance on overseas production. The study highlights a project with attractive economics, a relatively short payback period, and substantial exposure to a strategically important commodity. As demand for secure supplies of critical minerals continues to grow across defense, aerospace, manufacturing, and technology sectors, Pilot Mountain is positioning itself as one of the most promising tungsten projects under development in North America. Robust Financial Performance According to the PFS, Pilot Mountain delivers strong financial returns based on conservative commodity price assumptions. The project generated an after-tax Net Present Value (NPV8) of approximately US$660 million and an after-tax Internal Rate of Return (IRR) approaching 60%. The study also estimates more than US$1 billion in cumulative after-tax free cash flow over the life of the operation, while capital investment is expected to be recovered within roughly one year of commercial production. The project’s economics become even more compelling when evaluated against current tungsten market prices. Under recent pricing conditions, the after-tax NPV exceeds US$1.3 billion and the IRR rises above 100%, demonstrating the project’s significant leverage to favorable tungsten markets. Supporting America’s Critical Mineral Strategy Tungsten has become an increasingly important strategic metal due to its unique properties and widespread use in defense systems, industrial tooling, electronics, and advanced manufacturing applications. With limited domestic production currently available, the United States has identified tungsten as a critical mineral of national importance. Pilot Mountain could play a meaningful role in addressing this challenge by helping establish a new domestic supply source. The strategic relevance of the project has already been recognized through support from the U.S. Department of Defense under the Defense Production Act Title III program, which provided funding to advance development activities. Clear Development Pathway The PFS outlines a practical mine development plan based on conventional open-pit mining methods and established processing technologies. The proposed operation is designed around a 4,000-tonne-per-day processing facility and is expected to produce approximately 2,000 tonnes of tungsten trioxide concentrate annually. Guardian Metal continues to advance permitting and technical workstreams required for project development. The company is preparing key regulatory submissions and is targeting initial production toward the end of 2028. The combination of a straightforward development approach and an established permitting roadmap provides a solid foundation as the project moves toward the next stage of advancement. Resource Strength and Expansion Potential Beyond the strong economic results, Pilot Mountain continues to demonstrate meaningful scale. Updated resource and reserve estimates support an initial mine life of approximately eight years while providing a solid platform for future growth. Importantly, management believes there remains considerable exploration potential across the broader project area. Additional targets surrounding the current resource could offer opportunities to further expand the project’s mineral inventory and extend mine life over time. A Defining Moment for Guardian Metal The completion of the Pre-Feasibility Study marks a significant achievement for Guardian Metal Resources and represents an important step in transforming Pilot Mountain from an exploration asset into a future mining operation. With attractive project economics, government-backed strategic importance, and growing demand for secure tungsten supply, Pilot Mountain stands out as a potentially important contributor to the future U.S. critical minerals sector. As nations increasingly focus on supply chain resilience and resource security, Guardian Metal appears well positioned to capitalize on these long-term trends while advancing what could become one of the country’s most important new tungsten developments. The post Guardian Metal Advances Toward Becoming a Key U.S. Tungsten Producer Following Strong Pilot Mountain PFS appeared first on US Editors. Original: Guardian Metal Advances Toward Becoming a Key U.S. Tungsten Producer Following Strong Pilot Mountain PFS

Guardian Metal Resources PLC Announces Pilot Mountain Pre-Feasibility Study ResultsJune 30, 2026 2:00 AM
ACCESS NewswirePositive Pre-Feasibility Study Results for the Pilot Mountain Tungsten ProjectPFS Completion marks a critical step toward restoring domestically mined tungsten production in support of the U.S. defense industrial base and national security prioritiesAt Base Case, Study Shows After-Tax NPV of US$660.3M and IRR of 59.6%LONDON, UK / ACCESS Newswire / June 30, 2026 / Guardian Metal Resources plc (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF), a strategic exploration company focused on tungsten in Nevada, USA, is pleased to announce the results of the Pre-Feasibility Study ("PFS" or the "Study") for the Pilot Mountain tungsten project ("Pilot Mountain" or the "Project"). The completion of the PFS marks a critical step in the Company's path towards the potential development of the first new United States ("U.S.") based tungsten mining operation in over a decade.The Study results indicate that utilizing a conventional open-pit mining method and base case tungsten pricing*, the Project is planned to produce 15,916 tonnes of WO3 over an 8-year mine life, generating after-tax free cash flow of US$1.058 billion, with a capital payback period of 1 year from first commercial production. On an after-tax basis at base case tungsten pricing*, this translates to a net present value ("NPV8") of US$660.3 million at an 8% discount rate and an internal rate of return ("IRR") of 59.6%. At the 12 June 2026 tungsten spot price, the Project would generate after-tax free cash flow of US$2.088 billion, with an IRR of 101.6%, an NPV8 of US$1.366 billion and a capital payback of 6 months from first commercial production.The PFS was completed in accordance with S-K 1300 standards by a team of U.S.-based specialist firms, led by Samuel Engineering, Inc. of Denver, Colorado and RESPEC Company LLC ("RESPEC") of Reno, Nevada. The PFS includes an updated Mineral Resource Estimate ("MRE") covering two Project zones, Garnet and Desert Scheelite, as well a Mineral Reserve Statement ("MRS") for the Project. The supporting technical analyses relating to the updated MRE and MRS will be included in a S-K 1300 Technical Report Summary currently being prepared by the Company.The Pilot Mountain PFS was made possible by a U.S. Department of War $6.2M Defense Production Act (DPA) Title III investment in Guardian Metal's wholly-owned subsidiary, Golden Metal Resources (USA) LLC in July 2025. The Company sincerely thanks the Assistant Secretary of War for Industrial Base Policy, the Honorable Michael P. Cadenazzi, who oversees the Department's execution of its DPA authorities, for their valued support of this milestone study, which marks a critical step toward restoring domestic tungsten mine production in support of the nation's defense industrial base and national security priorities.Currency values are stated in U.S. dollars and are presented on a 100% project basis. All tonnages are stated in metric tonnes.*Base case utilizes a tungsten price of US$197,300 per tonne of WO3, representing a ~35% discount to the mid-price for ammonium paratungstate ("APT") as quoted by Fastmarkets MB-W-0001 of US$304,000 per tonne of WO3 as of 12 June 2026. The mid-price as of 26 June 2026 was US$307,500 per tonne of WO3. All prices are for APT with the study assuming a payable factor of 82% for tungsten concentrate.Oliver Friesen, Chief Executive Officer of Guardian Metal, commented:"We are delivering this Study at an inflection point: we believe that the global tungsten market is undergoing an unprecedented structural reset, and the world is waking up to the immense importance of securing reliable, home-grown critical mineral supply. The importance of tungsten for defense, technology, aerospace, and national security has never been more apparent. We believe that Pilot Mountain is the only tungsten Project in the United States with a recently completed S-K 1300 compliant PFS, positioning it as a unique opportunity for near-term U.S. mined tungsten production."Against this backdrop, the Pilot Mountain PFS supports the Project's development potential to support U.S. critical mineral and defense independence. We believe this firmly establishes the Project as one of the more compelling tungsten development opportunities in the Western world. The Study demonstrates robust economics using conservative pricing assumptions, with considerable upside at current tungsten prices and from the Project's exploration potential."The completed PFS is a testament to years of diligent work by our fantastic operations and development team, and gives us and our stakeholders great confidence as we advance the Project through further engineering, permitting and development toward a future construction decision. We look forward to sharing further updates as we progress toward establishing the first new domestically mined U.S. tungsten operation in over a decade, with production targeted for Q4 2028."Marc Leduc, P.Eng., Operations Manager of Guardian Metal, commented:"This PFS represents the culmination of years of detailed technical work, and I am very proud of what our team has delivered. Tungsten is a metal critically important to U.S. defense, national security and reindustrialization, yet there has been no domestic production in the country for over a decade. Pilot Mountain is a high-margin Project that is uniquely positioned to fill a critical gap in the U.S. tungsten supply chain."We are particularly encouraged by the simplicity of the Project. We are proposing the use of conventional mining and processing methods throughout, producing what we believe will be a high-quality concentrate capable of being processed entirely within the U.S."The Study outlines a robust operation with a payback period of one year. Beyond the current resource base, we believe there is meaningful exploration upside across a number of the Project's other target areas, including but not limited to, the Tremor Zone, Gunmetal, and Good Hope. We look forward to continuing to advance those targets alongside the important permitting and development work progressing on the Project's Desert Scheelite and Garnet deposits. We believe that we are well positioned to file our Mine Plan of Operations in the near-term as we advance through the National Environmental Policy Act permitting process."PFS Highlights:Economics, Pricing and Capex•After-tax NPV8 of US$660.3 million and Project IRR of 59.6%, with a capital payback period of 1 year generating after-tax free cash flow of US$1.058 billion*.•Expected low initial Project capital expenditure ("capex") of US$288.7 million, with sustaining capital of US$33.9 million and closure costs of US$22.3 million. Capex includes 15.7% contingency (US$39.1 million) and US$34.3 million of preproduction mining.•In its first full year of operations, the Project is modeled to generate US$348 million in Earnings Before Interest, Taxes, Depreciation, and Amortization ("EBITDA") at the base case*.•As of the 12 June 2026 tungsten spot price of US$304,000 per tonne, first year EBITDA is modeled to increase to US$569 million, representing an uplift of approximately 64% from the EBITDA base case price.•Also at the 12 June 2026 tungsten spot price, the Project generates after-tax free cash flow of US$2.088 billion with a 101.6% IRR and NPV8 of US$1.366 billion and has a capital payback period of 6 months from first commercial production.•Expected adjusted operating cost of US$54,622 per tonne of WO3 in concentrate (including royalties, transportation, refining along with zinc and silver credits), with a targeted concentrate grade of 60% WO3.*Base case utilizes a tungsten price of US$197,300 per tonne of WO3, representing a ~35% discount to the mid-price for APT as quoted by Fastmarkets MB-W-0001 of US$304,000 per tonne of WO3 as of 12 June 2026. The mid-price as of 26 June 2026 was US$307,500 per tonne of WO3. All prices are for APT with the study assuming a payable factor of 82% for tungsten concentrate.Resource, Reserve and Production•Mineral Resources increased to 21,600 tonnes of WO3 Indicated, with Probable Mineral Reserves of 20,275 tonnes of WO3 (11,822,000 tonnes @ 0.171% WO3).•The operation plan calls for the construction of a 4,000 tonne per day processing plant using flotation recovery methods to produce a tungsten concentrate.•The ore will be mined from a conventional open-pit mine using 92-tonne haul trucks and large wheel loaders.•The operation plan calls for the construction of a conventional lined tailings storage facility which will meet the U.S. and international standards for tailings management, including the Nevada Administrative Code requirements and Canadian Dam Association guidelines.Timelines, Life of Mine, Permitting and Utilities•The Project timelines contemplate an open-pit mining operation with first ore through the mill in Q4 2028, with initial commissioning tonnes marking the start of processing operations.•Expected initial 8-year Life of Mine ("LoM") producing 15,916 tonnes of recovered WO3, with significant opportunity to extend through ongoing exploration at the Tremor Zone, Gunmetal, Good Hope, plus other unnamed target areas across the Project.•Work completed for the PFS supports the near-term filing of the Mine Plan of Operations ("POO") with the Bureau of Land Management as part of federal National Environmental Policy Act ("NEPA") permitting process.Investor Presentation:As previously announced, Guardian Metal will host a live investor presentation via 6ix on 01 July 2026 at 11:00 ET / 16:00 BST to discuss the PFS results and provide an update on the Company's outlook, including next steps for the Pilot Mountain Project.The presentation is open to all existing and potential shareholders. Questions may be submitted ahead of the event via the registration form or at any time during the event.Investors can sign up to 6ix for free and register for Guardian Metal's presentation here: https://6ix.com/event/guardian-metal-resources-presents-pilot-mountain-pfsPFS Summary Results with Price Sensitivities:Item (all after tax)NPV8IRRAfter taxCash FlowPayback(US$M)(%)(US$M)(years)Base Case US$197,300/t WO3$66059.6%$1,0581.00Spot US$304,000/t WO31$1,366101.6%$2,0880.51Base -20% US$157,840/t WO3$39541.3%$6711.31Base +20% US$236,760/t WO3$92276.0%$1,4400.71Notes:1. APT mid-price as of 12 June 2026 as quoted by Fastmarkets MB-W-0001. Latest price as of 26 June 2026 was US$307,500/t.Further Details:The following information is derived from the PFS. The PFS reflects a pre-feasibility level assessment of the Project, with the accuracy being plus 20% and minus 15% and is based on the assumptions and parameters described herein. References to "will" or "expected" reflect the planned development scenario, subject to a positive construction decision and successful Project financing.The PFS envisages initial capital expenditure of US$288.7 million to construct a fully integrated mine, mill complex and associated infrastructure, with a mill feed capacity of 1.4 million tonnes per annum. The operation is designed to produce ~2,000 tonnes of WO3 in concentrate per annum, with the targeted concentrate grade of greater than 60% WO3 over the life of mine.Adjusted operating costs are projected at US$54,622 per tonne of WO3 contained in concentrate; AISC of US$58,151 per tonne of WO3 contained in concentrate.The economic analysis presented in the PFS is based on the assumptions and parameters used in the Study and should be read together with the qualifications, assumptions, and risk factors described elsewhere in this announcement.The Desert Scheelite and Garnet tungsten deposits are located approximately 2 kilometers apart within a large land package hosting multiple areas of tungsten mineralization. Known tungsten intercepts proximal to the current resource areas provide meaningful potential for further resource expansion.The PFS estimates first production in late 2028, subject to approval of the POO and a NEPA analysis in mid-2027. The Study utilizes conventional open-pit mining and processing methods, with mine design incorporating environmental protection measures across all phases of construction, operations, and closure. Grid power connection is anticipated via a potential self-build powerline option, with water supply to be sourced from wells, subject to receipt of the required water rights.Combined production from two concurrent open pits is estimated at 15,916 tonnes of WO3 in concentrate over the mine life, with a life-of-mine stripping ratio of 12.6, a head grade of 0.171% WO3, and tungsten recovery from milling and flotation estimated at 78.5%. Mining will utilize 92-tonne haul trucks, with both contractor and owner fleet options evaluated in the PFS. The base case assumes a contractor mining model with an owner's team management structure.Initial mining of the Desert Scheelite pit will facilitate construction of a modern, zero discharge lined tailings storage facility with a rock embankment. Processing infrastructure will comprise primary and secondary crushing, a two-stage grinding circuit, and a flotation recovery plant. Tungsten will be recovered using an industry-standard fatty acid flotation circuit, with sulfide minerals, including silver, recovered ahead of the tungsten recovery stage. Silver will be produced as part of a base metal concentrate and marketed separately from the primary tungsten product.PFS Detailed Technical Results: Desert ScheeliteGarnet TungstenTotal Pilot MountainStudy Production StatisticsUnitsMineMineProjectTotal Ore Minedmillion tonnes9.7382.08511.822Total Material Minedmillion tonnes144.01316.337160.350Stripping Ratiowaste: ore13.8:16.8:112.6:1Processing Ratetonnes per day 4,000Tungsten Head Grade%0.1820.1200.171Silver Head GradeAg g/t10.682.789.28Contained TungstenTonnes WO317,7682,50720,275Contained SilverkOz3,3431863,529Tungsten Recovery%78.5%78.5%78.5%Silver Recovery%60%60%60%Total Recoverable Tungsten 1Tonnes WO313,9481,96815,916Total Recoverable SilverkOz2,0061122,117Average Annual Tungsten ProductionTonnes WO31,7442461,990Average Annual Silver Production 2kOz25114265Capital Initial CapitalUS$ million $288.7Sustaining CapitalUS$ million $33.9Life of Mine CapitalUS$ million 322.6Contingency (included)US$ million $39.1Contingency (included)% 15.7%Operating Costs Adjusted Operating Cost per Tonne of Ore 3US$/t ore $73.54MiningUS$/t ore $48.16ProcessingUS$/t ore $24.86G&AUS$/t ore $6.23Other 4US$/t ore $(5.71)Adjusted Operating Cost per tonne of WO3 3US$/t WO3 net of by-products $54,622AISC per Tonne of WO35US$/t WO3 net of by-products $58,151Mine Life (LoM)years 8Project Economics6Base Case Pricing Post-tax NPV (8%)US$ million $660.3Pre-tax NPV (8%)US$ million $856.7Post-tax NPV (10%)US$ million $589.6Pre-tax NPV (10%)US$ million $767.5Post-tax NPV (15%)US$ million $446.6Pre-tax NPV (15%)US$ million $587.4Post-tax IRR% 59.6%Pre-tax IRR% 67.8%Payback Periodyears 1.00Notes:1. WO3 calculations are made assuming a saleable good quality tungsten concentrate at >50% WO3 concentrate grade for the U.S. market.2. Silver production is averaged over the Desert Scheelite mine life only.3. Adjusted Operating Costs Include: On-site mining, processing and general and administrative expenses ("G&A"), royalties and production/excise taxes, permitting and community cost related to current operations, third party smelting, refining and transport costs, stockpiles and inventory write-downs, site-based non-cash remuneration, and by-product credits.4. Other category includes royalties, transport, production/excise taxes, refining, and by-product credit.5. AISC includes: Adjusted Operating Costs (above) plus closure costs, and sustaining capital.6. Project economics are presented for 100% of the project. Figure 1: PFS Production Profile (Produced WO3 Contained in Concentrate) Figure 2: PFS Post-tax Annual and Cumulative Cashflow Profile (grey line cumulative after tax cashflow - right axis) Figure 3: Project Sensitivity Analysis (Post-tax Base case NPV8 with 10% Sensitivities) Figure 4: Project Sensitivity Analysis (Post-tax Base Case IRR with 10% Sensitivities)EBITDA Calculation at Base Case PriceMetricUnitUS$Production Sold WO3tonnes15,916Sold Zntonnes20,037Sold Agounces2,117,414 Revenue Total Gross Revenue$0002,702,949Total Deductions$000(6,335)Total Receipts less deductions$0002,696,614Private Royalty (2%)$000(54,059)Total Net Revenues$0002,642,555 Project Operating Costs Mining Cost$000(569,318)Processing Cost$000(293,902)SG&A Cost$000(73,282)Total Operating Costs$000(936,902) Project Capital Costs Project Development Capital$000(288,701)Sustaining Capital$000(33,929)Closure$000(22,250)Total Capital Cost and Closure$000(344,880) EBITDA, Capital, Tax and Cashflow EBITDA$0001,705,654EBITDA-Capital$0001,360,773Total Taxes$000(302,684)After Tax Total Cashflow$0001,058,090The Mineral Reserve and Mineral Resource estimates summarized below are derived from the PFS. The supporting technical analyses, assumptions, and disclosures relating to such estimates are expected to be included in a forthcoming Technical Report Summary being prepared in accordance with S-K 1300.Pilot Mountain Project Mineral Reserve Statement:Probable Reserves total 11.8 million tonnes containing 20,275 tonnes of WO3 and 3.5 million ounces silver as detailed below: Average GradeContained MetalPitClassif-icationk TonnesWO3%Ag g/tZn %WO3 tK oz AgZn tDesert ScheeliteProbable9,7380.18210.680.3017,7683,34328,813GarnetProbable2,0850.1202.780.222,5071864,583TotalProbable11,8220.1719.280.2820,2753,52933,396Mineral Reserve Statement Notes:1. The effective date of Desert Scheelite and Garnet Mineral Reserve Statement is 15 June 2026.2. The point of reference for Mineral Reserves is at the crusher.3. Resource blocks were diluted to the selective mining unit (SMU) and additional dilution was added for reporting of Reserves. The QP, RESPEC, who is responsible for the statement of reserves believes that the blocks can be reasonably mined at the SMU size. Desert Scheelite SMU blocks were 5m by 2.5m by 5m in the X, Y, and Z directions respectively. Garnet SMU blocks were 5m by 5m by 2.5m in the X, Y, and Z directions respectively.4. Reserves are reported based on a 0.040% WO3 cutoff grade. The cutoff grade was applied only to the WO3 grades. Silver and tungsten are reported as the contained metal within the Probable material processed.5. Rounding may result in apparent discrepancies between tonnages and contained metal totals.6. Indicated material has been converted to Probable Reserves. The resources do not contain any Measured material, so no Proven reserves are reported. All Inferred resources are considered as waste material.7. Reserves are reported by RESPEC.8. Reserves are reported based on US$115,000/t WO3, US$38.00/oz Ag, and US$2,700/t Zn metal prices. Note that the final cashflow analysis uses a higher WO3 price. The lower price is reasonable with the reporting of reserves as RESPEC considers material below the reporting cutoff grade to be immaterial.Pilot Mountain Project Mineral Resource Estimate:
Mineral Resources are reported inclusive of Mineral Reserves. Indicated total 12.1 million tonnes containing 21,600 tonnes of WO3 and 3.9 million ounces silver as detailed below: Average GradeContained MetalPitClassif-icationk TonnesWO3 %Ag g/tZn %WO3 tk oz AgZn tDesert ScheeliteIndicated9,9780.18911.390.3018,9003,65629,900Inferred1,9330.15811.480.293,0007135,500GarnetIndicated2,1580.1273.180.232,7002215,000Inferred3640.1101.870.1140022400TotalIndicated12,1360.1789.930.2921,6003,87734,900Inferred2,2970.1509.960.263,4007355,900Mineral Resource Estimate Notes:1. The effective date of Desert Scheelite and Garnet mineral resources is 26 May 2026.2. The Mineral Resource estimate was calculated by RESPEC in metric tonnes.3. The point of reference is in situ mineralization prior to extraction by open pit mining methods.4. The average grades of the tabulations are comprised of the weighted average of block-diluted grades within optimized pits.5. The Desert Scheelite and Garnet Mineral Resource cut-off grade of 0.04% WO3 was selected by the authors. Operating assumptions were applied to establish a theoretical pit limit, including a WO3 price of US$115,000/t, an average recovery of 75% WO3, a processing rate of 4,000 tonnes/day, US$3.50/t mining cost for open pit, US$23.00/t processing cost, US$5.17/t processed for G&A, and an 82% payability. Blocks outside the pit limit are considered not economic at this time.6. The accessory metals Ag and Zn shown in the above table are the quantities contained within the Mineral Resource envelope using the cut-off grade established for the primary commodity (WO3). No independent cut-off grade has been applied to these accessory metals. Reported quantities of accessory metals are therefore considered by-products of the primary metal resource and their value is contingent upon the ability to economically extract the by-products along with the primary commodity.7. The estimate of Mineral Resources may be materially affected by geology, environmental, permitting, legal, title, taxation, sociopolitical events, marketing, or other relevant issues.8. Rounding as required by reporting guidelines may result in apparent discrepancies between tonnes, grade, and contained metal content.9. Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. An Inferred Mineral Resource has a lower level of confidence than an Indicated Mineral Resource and cannot be converted to a Mineral Reserve. RESPEC reasonably expects that continued exploration and delineation will upgrade the majority of Inferred Mineral Resources to Indicated Mineral Resources.Outlook:The tungsten market has been fundamentally reshaped by the absence of domestic U.S. primary mined supply and China's decision in February 2025 to control exports of tungsten raw materials, having historically accounted for approximately 80% of global primary supply.Guardian Metal is committed to advancing Pilot Mountain as rapidly as possible, progressing detailed engineering and permitting activities in parallel as it works towards a construction decision. The Company is actively engaged with relevant government agencies and participants across the tungsten value chain, reflecting its view that the United States is facing a material near- and medium-term tungsten supply shortage. In addition, the Company will consider the best value of the Project for all stakeholders including local, state and national communities through the permitting and final designs.Given the severity of the current supply deficit, the prevailing price environment, and strong modeled operating margin, the Company may elect to make a construction decision based on the 2026 PFS, potentially proceeding to production without completion of a full feasibility study. However, no such decision has been made at this time and further technical, permitting, financing, and development work remains ongoing. Readers are cautioned to consider this possibility when evaluating the Project and its associated risks.Project Ownership:Guardian Metal owns a 100% interest in Pilot Mountain through its U.S. wholly-owned subsidiaries Pilot Metals Inc. and BFM Resources Inc.References1 Company announcement, U.S. Department of Defense Awards US$6.2M to Golden Metal Resources for the Pilot Mountain Project, dated 23 July 2025
( https://polaris.brighterir.com/public/guardian_metal_resources/news/rns/story/wvm0n3w )Qualified PersonScientific and technical disclosure contained herein has been reviewed and approved by independent third-party consulting firms-RESPEC, Samuel Engineering, Inc., and NewFields Mining Design & Technical Services, LLC ("NewFields") -each a 'qualified person' under Subpart 1300 of Regulation S-K. RESPEC has reviewed and approved the disclosures relating to exploration results, and Mineral Resource and Reserve estimations. Samuel Engineering, Inc. has reviewed and approved the disclosures relating to metallurgical testing, processing design, and economic analysis. NewFields has reviewed and approved the disclosure related to the Tailings Storage Facility. The findings and conclusions of the Study have not yet been formalized and summarized into a Technical Report Summary prepared in accordance with Subpart 1300 of Regulation S-K. The Company is currently preparing an updated Technical Report Summary reflecting the results of the Study and expects to file such Technical Report Summary with the SEC in the near-term. This announcement summarizes the principal findings and conclusions of the PFS. Additional technical information, assumptions, qualifications, and supporting analyses relating to the Mineral Resource estimates, Mineral Reserve estimates and economic analysis summarized herein are expected to be included in the forthcoming Technical Report Summary.Independent Review StatementsThe technical information contained in this disclosure has been read and approved by the U.S. Department of War and by Mr Nicholas O'Reilly (MSc, DIC, MIMMM QMR, MAusIMM, FGS), who is a qualified geologist and acts as the Competent Person under the AIM Rules - Note for Mining and Oil & Gas Companies. Mr O'Reilly is a Principal consultant working for Mining Analyst Consulting Ltd which has been retained by Guardian Metal Resources plc to provide technical support.This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018).Cautionary Note to Investors: Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.Forward Looking StatementsThis 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, including general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, potential delays or changes in plans, uncertainties resulting from operating in a new political jurisdiction, uncertainties regarding the results of exploration, the timing and granting of prospecting rights, the timing and granting of regulatory and other third party consents and approvals, Guardian Metal's or any third party's ability to execute and implement future plans, and the occurrence of unexpected events.Forward-looking statements are subject to risks and uncertainties, including those described in the Company's filings with the SEC. There can be no assurance that the Project will be developed on the timetable contemplated by the PFS, or at all, or that the economic outcomes described in the PFS will ultimately be realized. Guardian Metal undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.This announcement does not purport to be full or complete. No reliance may or should be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The information in this announcement is subject to change. For further information visit www.guardianmetalresources.comor contact the following:Guardian Metal Resources plcOliver Friesen (CEO)Tel: +44 (0) 20 7583 8304info@guardianmetalresources.comCairn Financial Advisers LLPNominated AdviserSandy Jamieson/Jo Turner/Louise O'DriscollTel: +44 (0) 20 7213 0880BerenbergJoint Broker and Financial AdviserJennifer Lee/Ivan BriechleTel: +44 (0) 20 3207 7800Tamesis Partners LLPJoint BrokerCharlie Bendon/Richard GreenfieldTel: +44 (0) 20 3882 2868TavistockFinancial PR in the UKEmily Moss/Josephine ClerkinTel: +44 (0) 7920 3150 /+44 (0) 7788 554035guardianmetal@tavistock.co.ukEdelman SmithfieldFinancial PR in the USguardianmetal@edelmansmithfield.comAbout Guardian Metal ResourcesGuardian Metal Resources PLC (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF) is a strategic mineral exploration company driving the revival of U.S. mined tungsten production and strengthening America's defense metal independence. The Company is advancing two co-flagship tungsten projects, Pilot Mountain, one of the largest undeveloped tungsten deposits in the United States and Tempiute, formerly America's largest producing tungsten operation, both located in Nevada, one of the top-rated mining jurisdictions in the United States.In July 2025, the U.S. Department of War (DoW) under Title III of the Defense Production Act of 1950, as amended, invested US$6.2M in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain PFS. The Company completed a U.S. listing on the NYSE American on 20 March 2026.Tungsten is a strategic metal critical to the defense, energy transition, technology, and industrial sectors. In the context of shifting geopolitical dynamics and tightening Chinese export restrictions, Guardian Metal is well positioned to play a leading role in re-establishing a secure, domestically mined US supply chain for this vital defense metal.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Guardian Metal Resources PLCView the original press release on ACCESS NewswireOriginal: Guardian Metal Resources PLC Announces Pilot Mountain Pre-Feasibility Study Results

Guardian Metal Resources PLC Announces Holding(s) in CompanyJune 29, 2026 12:45 PM
ACCESS NewswireLONDON, UK / ACCESS Newswire / June 29, 2026 / TR-1: Standard form for notification of major holdingsNOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i 1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:GUARDIAN METAL RESOURCES PLC1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)Non-UK issuer 2. Reason for the notification (please mark the appropriate box or boxes with an "X")An acquisition or disposal of voting rightsXAn acquisition or disposal of financial instruments An event changing the breakdown of voting rightsXOther (please specify) iii: 3. Details of person subject to the notification obligation ivNameUCAM LimitedCity and country of registered office (if applicable)London, United Kingdom4. Full name of shareholder(s) (if different from 3.) vName City and country of registered office (if applicable) 5. Date on which the threshold was crossed or reached vi:26/06/20266. Date on which issuer notified (DD/MM/YYYY):29/06/20267. Total positions of person(s) subject to the notification obligation % of voting rights attached to shares (total of 8. A)% of voting rights through financial instruments
(total of 8.B 1 + 8.B 2)Total of both in % (8.A + 8.B)Total number of voting rights held in issuer (8.A + 8.B) viiResulting situation on the date on which threshold was crossed or reached21.99%021.99%21.99%Position of previous notification (ifapplicable)24.34%024.34%  8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viiiA: Voting rights attached to sharesClass/type of
sharesISIN code (if possible)Number of voting rights ix% of voting rightsDirect(DTR5.1)Indirect(DTR5.2.1)Direct(DTR5.1)Indirect(DTR5.2.1)GB00BPQY8R3642,841,325 21.99% SUBTOTAL 8. A42,841,32521.99% B 1: Financial Instruments according to DTR5.3.1R (1) (a)Type of financial instrumentExpiration
date xExercise/
Conversion Period xiNumber of voting rights that may be acquired if the instrument isexercised/converted.% of voting rights SUBTOTAL 8. B 1 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)Type of financial instrumentExpiration
date xExercise/
Conversion Period xiPhysical or cashSettlement xiiNumber of voting rights% of voting rights SUBTOTAL 8.B.2 9. Information in relation to the person subject to the notification obligation (please mark theapplicable box with an "X")Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiiiXFull chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv Name xv% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable threshold 10. In case of proxy voting, please identify:Name of the proxy holder The number and % of voting rights held The date until which the voting rights will be held 11. Additional information xvi Place of completionLondon, United KingdomDate of completion29/06/2026This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Guardian Metal Resources PLCView the original press release on ACCESS NewswireOriginal: Guardian Metal Resources PLC Announces Holding(s) in Company

Guardian Metal Resources PLC Announces Pilot Mountain PFS Update & Investor PresentationJune 26, 2026 2:00 AM
ACCESS NewswireLONDON, UK / ACCESS Newswire / June 26, 2026 / Guardian Metal Resources plc (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF), a strategic mineral exploration company focused on tungsten in Nevada, USA, will publish the results of its Pre-Feasibility Study ("PFS" or the "Study") for the Pilot Mountain Tungsten Project ("Pilot Mountain" or the "Project") on 30 June 2026. Completion of the PFS will mark a significant development milestone for the Project and an important step in the Company's strategy to develop the first new domestically mined U.S. tungsten operation in over 15 years.The PFS is being supported by a U.S. Department of War $6.2m Defense Production Act Title III Investment1 in Guardian Metal's wholly owned subsidiary, Golden Metal Resources (USA) LLC, and is led by Guardian Metal's in-house team in collaboration with Samuel Engineering, Inc., and a group of specialist engineering and environmental firms.Following the publication of the PFS results, Guardian Metal will host a live investor presentation via 6ix on 01 July 2026 at 11:00 ET / 16:00 BST to discuss the Study and provide an update on the Company's outlook, including next steps for the Project.The presentation is open to all existing and potential shareholders. Questions may be submitted ahead of the event via the registration form or at any time during the event.Investors can sign up to 6ix for free and register for Guardian Metal's presentation here: https://6ix.com/event/guardian-metal-resources-presents-pilot-mountain-pfs[1] Company announcement, U.S. Department of Defense Awards $6.2M to Golden Metal Resources for the Pilot Mountain Project, dated 23 July 2025
( https://polaris.brighterir.com/public/guardian_metal_resources/news/rns/story/wvm0n3w )Forward Looking StatementsThis 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, including general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, potential delays or changes in plans, uncertainties resulting from operating in a new political jurisdiction, uncertainties regarding the results of exploration, the timing and granting of prospecting rights, the timing and granting of regulatory and other third party consents and approvals, Guardian Metal's or any third party's ability to execute and implement future plans, and the occurrence of unexpected events.Forward-looking statements are subject to risks and uncertainties, including those described in the Company's filings with the SEC. There can be no assurance that the acquired water rights or real property interests will ultimately support a future mining operation at Tempiute or that the Project will proceed to development or production. Guardian Metal undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.This announcement does not purport to be full or complete. No reliance may or should be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The information in this announcement is subject to change.For further information visit www.guardianmetalresources.com or contact the following:Guardian Metal Resources plcOliver Friesen (CEO)Tel: +44 (0) 20 7583 8304info@guardianmetalresources.comCairn Financial Advisers LLPNominated AdviserSandy Jamieson/Jo Turner/Louise O'DriscollTel: +44 (0) 20 7213 0880BerenbergJoint Broker and Financial AdviserJennifer Lee/Ivan BriechleTel: +44 (0) 20 3207 7800Tamesis Partners LLPJoint BrokerCharlie Bendon/Richard GreenfieldTel: +44 (0) 20 3882 2868TavistockFinancial PR in the UKEmily Moss/Josephine ClerkinTel: +44 (0) 7920 3150 /+44 (0) 7788 554035guardianmetal@tavistock.co.ukEdelman SmithfieldFinancial PR in the USguardianmetal@edelmansmithfield.comAbout Guardian Metal ResourcesGuardian Metal Resources PLC (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF) is a strategic mineral exploration company driving the revival of U.S. mined tungsten production and strengthening America's defense metal independence. The Company is advancing two co-flagship tungsten projects, Pilot Mountain, one of the largest undeveloped tungsten deposits in the U.S. and Tempiute, formerly America's largest producing tungsten operation, both located in Nevada, one of the top-rated mining jurisdictions in the United States.In July 2025, the U.S. Department of War (DoW) under Title III of the Defense Production Act of 1950, as amended, invested US$6.2M in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain PFS. The Company completed a U.S. listing on the NYSE American on March 20, 2026.Tungsten is a strategic metal critical to the defense, energy transition, technology, and industrial sectors. In the context of shifting geopolitical dynamics and tightening Chinese export restrictions, Guardian Metal is well positioned to play a leading role in re-establishing a secure, domestically mined U.S. supply chain for this vital defense metal.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Guardian Metal Resources PLCView the original press release on ACCESS NewswireOriginal: Guardian Metal Resources PLC Announces Pilot Mountain PFS Update & Investor Presentation

America Has No Tungsten Mine and a 2027 Deadline -- Now Field Crews Are on the Ground at a Past-Producing Nevada ProjectJune 23, 2026 9:20 AM
PR Newswire (Canada) Issued on behalf of Western Star Resources Inc.With drone geophysics underway at White Star and three U.S. tungsten projects active in 2026, Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) (FRA: 4K2) is racing a defense-procurement clock that bars Chinese tungsten from key military uses on January 1, 2027.VANCOUVER, BC, June 23, 2026 /CNW/ -- AmericanNewsGroup.com News Commentary — The United States has not produced tungsten from a domestic mine since 2015, and the clock on fixing that is no longer abstract. On January 1, 2027, a federal procurement rule begins barring tungsten mined, refined, or processed in China, Russia, Iran, and North Korea from a wide band of U.S. defense applications. Tungsten is the densest, hardest-wearing metal in the arsenal — the material behind armor-piercing munitions, tank armor, and missile components — and there is no domestic mine ready to fill the gap. Against that backdrop, Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) (FRA: 4K2) just put field crews on the ground at a past-producing tungsten property in one of America's most important historic tungsten districts. On June 22, 2026, the Company announced that crews have mobilised to its 100% owned White Star Tungsten Project in Elko County, Nevada, to commence the first modern exploration program ever run across the property and the past-producing Mission Cross Mine workings it surrounds. The initial work is geophysics-led: a property-wide, high-resolution UAV (drone) magnetic survey paired with a systematic soil-geochemistry program. It is the kind of unglamorous, foundational fieldwork that turns a historic mine site into a set of modern, drill-ready targets — and Western Star is doing it on a property that sits directly adjacent to its own Rowland Tungsten Property in the Charleston Mining District.A 900% Price Move Meets a Hard DeadlineTo understand why a small Nevada exploration program is drawing attention, start with the price chart. The Rotterdam ammonium paratungstate (APT) benchmark — the reference intermediate product for Western tungsten buyers — has traded around the US$3,000–$3,200 per metric tonne unit range through mid-2026, after running up roughly 350% over the course of this year and on the order of 900% over the trailing twelve months from its 2025 lows. APT that changed hands below US$250/mtu as recently as 2020 has been repriced into an entirely different regime. This is not a typical industrial-metal wobble; it is a structural repricing of supply risk.The cause is concentration. China controls roughly 80% of global tungsten mine supply and dominates the downstream chain that converts ore into APT, powder, and carbide. Beijing tightened export licensing on tungsten beginning in 2023, and the squeeze intensified through 2025: exports of key processed tungsten products fell sharply, and in December 2025 China confirmed that only 15 companies would be authorized to export tungsten in 2026–27, handing the state direct control over volume, timing, and destination. China's own mined output is estimated to have fallen around 10% year-over-year in 2025 as aging mines and declining ore grades bite. The result is a metal whose supply sits almost entirely inside an increasingly insecure chokepoint — the same story now familiar from rare earths, gallium, and antimony.Layer the demand picture on top. Tungsten consumption is forecast to climb meaningfully through the next decade, pulled by defense, aerospace, semiconductors, and industrial carbide — and, increasingly, by the build-out of artificial-intelligence infrastructure, where tungsten compounds are used in advanced semiconductor manufacturing. Then add the procurement cliff. The January 1, 2027 prohibition gives Western prime contractors a fixed date by which they need documented, non-Chinese tungsten for defense work. For a U.S.-based project, "domestic" and "near-term" are exactly the adjectives that matter. That is the lane Western Star is trying to occupy.Boots on the Ground at White StarThe White Star Project is located in the Charleston Mining District, adjacent to Western Star's Rowland Tungsten Property, and was recently acquired by the Company. The 2026 program now underway centers on three core workstreams that the Company says will mirror the integrated workflow already being applied at Rowland.First, a property-wide UAV magnetic survey, which will provide the first modern high-resolution geophysical dataset across the project. Drone-borne magnetics can map the magnetic signature of the rocks below surface quickly and cheaply, helping geologists picture the structures and intrusions that often control where tungsten-bearing skarn mineralization sits. Western Star expects to receive preliminary processed geophysical products from its contractor over the coming weeks.Second, systematic mapping and ground-truthing of the historical mine workings — open-pit and underground workings, surface trenches, shafts, adits, and waste dumps around the past-producing Mission Cross Mine. This is the work that ties old, often incompletely documented production records to verifiable points on the modern map. Third, reconnaissance soil sampling across the broader White Star claim package, including the ground between the White Star workings and the adjoining Rowland Property. Soil samples will be submitted to a laboratory for certified assay, with results to be released once received and interpreted; rock-chip samples will follow the same certified-assay path.The strategic logic is district consolidation. Western Star's stated intent is to combine the White Star and Rowland datasets into a single, district-scale geological model spanning what it calls the consolidated Jarbidge–Charleston tungsten footprint. Rather than chasing one isolated target, the Company is trying to build a contiguous, modern picture across a historic tungsten district — the kind of footprint that can support a longer exploration runway if the early surveys deliver.Blake Morgan, the CEO and President of Western Star, framed the mobilisation in the context of the Company's broader U.S. push, stating: "Mobilising to White Star, with the Rowland program already underway and Eagle Point just acquired in New Mexico, gives Western Star three active U.S. tungsten projects on the ground in 2026. White Star sits in the same skarn setting as Rowland and similar to Rowland, largely under-explored. Running an integrated drone magnetic survey and a focused soil and rock-chip program across the White Star workings is the fastest path to defining drill targets and matching what we have already done at Rowland."Why a Past-Producing Nevada Mine MattersThe phrase "past-producing" carries real weight in exploration. A property that has produced before has already demonstrated that an economic mineral system exists in the ground — the geological question shifts from "is anything here?" to "how much remains, and can modern methods define it economically?" Many of America's historic tungsten mines were shuttered decades ago when prices collapsed and cheaper Chinese supply flooded the market, long before drone magnetics, modern geochemistry, and current pricing existed. They were never explored with today's tools at today's prices.Nevada is also among the most highly rated mining jurisdictions in the world for permitting clarity and infrastructure, and it is one of the historic centers of U.S. tungsten production. Western Star describes itself as an emerging junior focused on revitalizing North America's tungsten supply, advancing its entry into the U.S. market through the acquisition of a past-producing tungsten mine in the state. The Company also holds nine non-surveyed contiguous mineral claims totalling 4,740 hectares within the Revelstoke mining division of British Columbia, located roughly 50 kilometres southeast of Revelstoke and about 10 kilometres north of the abandoned community of Camborne.None of this guarantees a discovery. Mobilising crews and flying a magnetic survey is the beginning of an exploration program, not the end of one; assays can disappoint, and historic workings do not always translate into modern economic resources. But the sequence Western Star is running — geophysics first, then ground-truthing, then systematic sampling, then drill targeting — is the disciplined, lower-cost path that junior explorers use to decide where to point an expensive drill rig. The combined Rowland–White Star approach is an attempt to do that across a whole district at once.The Broader Tungsten Trade: Four Names Investors Are WatchingWestern Star is an early-stage explorer, and its story sits inside a much larger reshoring theme that is pulling capital toward tungsten and critical-minerals names at every stage of development. Four operators help frame the spectrum — from established producers to fellow Nevada developers — though each carries its own risk profile and none is a proxy for Western Star.Almonty Industries Inc. (Nasdaq: ALM) is the clearest example of a Western producer riding the price move. The company completed Phase 1 commissioning at its flagship Sangdong tungsten mine in South Korea in March 2026 — a return to production after more than three decades — and relocated its corporate headquarters to Dillon, Montana to align with U.S. industrial and defense stakeholders. Almonty reported first-quarter 2026 revenue of US$25.4 million, up 221% year-over-year on record tungsten pricing and output from its Panasqueira mine in Portugal, swinging to positive adjusted EBITDA of US$6.1 million. It illustrates the operating leverage a producer gets when APT prices spike.Guardian Metal Resources plc (NYSE American: GMTL) is arguably the closest peer by geography and strategy: a Nevada-focused tungsten developer advancing its co-flagship Pilot Mountain and Tempiute projects, the latter formerly America's largest producing tungsten operation. Guardian completed a U.S. listing on the NYSE American in March 2026 and is finishing a pre-feasibility study at Pilot Mountain supported by a US$6.2 million U.S. Department of War Defense Production Act Title III investment in its U.S. subsidiary. It is a useful reference point for what a more advanced Nevada tungsten story looks like — and for the federal money flowing into domestic supply.EQ Resources Limited (ASX: EQR) brings a dual-jurisdiction producer's perspective, operating the Mt Carbine mine in Queensland, Australia and the Barruecopardo mine in Spain. The company reported record quarterly material movement in early 2026 and has committed growth capital to roughly double Mt Carbine's throughput, explicitly positioning itself as a source of traceable, non-Chinese tungsten for Western buyers. EQ Resources shows how existing Western producers are racing to expand capacity into the same supply gap Western Star is exploring toward.American Tungsten Corp. (TSXV: TUNG) (OTCQB: TUNGF) rounds out the set as another junior developer chasing a historic U.S. asset — the IMA Mine Project in Idaho, where the company has been drilling underground and through historical tailings and closed a roughly C$40 million bought-deal financing in March 2026 to advance the work. The company graduated from the CSE to the TSX Venture Exchange in late May 2026, where it now trades under the same "TUNG" symbol. As a fellow explorer-stage name targeting a past-producing American tungsten mine, it is the most directly comparable in development stage, and a reminder that several juniors are now competing to be first to define a modern domestic resource.The common thread is that the market is no longer pricing tungsten as an obscure industrial metal. It is pricing it as a national-security supply-chain problem with a fixed federal deadline — and looking for the projects, at every stage, that could help solve it. Western Star's bet is that a past-producing Nevada district, explored with modern tools at today's prices, is one of the places that solution could come from.What Comes NextThe near-term catalysts are concrete. Western Star expects preliminary processed UAV magnetic survey products from its contractor over the coming weeks, with soil and rock-chip assay results to follow once laboratory analysis is received and interpreted. Those early datasets will determine whether White Star produces the kind of coherent magnetic and geochemical anomalies that justify drilling — and how cleanly the property knits into the broader Rowland model. For investors tracking the tungsten reshoring theme, the question is whether the combined Jarbidge–Charleston footprint can be advanced quickly enough to matter against a 2027 clock that is already ticking.The scientific and technical information in Western Star's news release was reviewed and approved by independent geologist Jasper Mowatt, MIMMM and MAusIMM, a Qualified Person as defined by National Instrument 43-101.TRACK THE SIGNAL WITH EAGLE EYEWant to see how investor attention is moving across tungsten and critical-minerals names in real time? Eagle Eye is a real-time investor signal-intelligence platform that tracks sentiment, news flow, and trending tickers across the market. Explore it at eagle-eye.dev.CONTACTAmerican News Group
info@americannewsgroup.comSOURCES[1] Western Star Resources Inc. news release, "Western Star Resources Mobilises to the Past Producing White Star Tungsten Project and Commences Drone Geophysics," June 22, 2026.
[2] Shanghai Metals Market (SMM) and Fastmarkets tungsten / APT benchmark pricing, June 2026.
[3] The Oregon Group, "Why tungsten prices are rising so fast: inside the supply crunch," April 2026.
[4] Almonty Industries Inc. Q1 2026 financial results (Form 6-K), May 11, 2026; Sangdong commissioning release, March 16, 2026.
[5] Guardian Metal Resources plc, Pilot Mountain PFS progress update and NYSE American listing disclosures, March–May 2026.
[6] EQ Resources Limited quarterly activities reports and Mt Carbine expansion disclosures, 2025–2026.
[7] American Tungsten Corp. IMA Mine drilling, C$40M financing (March 18, 2026), and CSE-to-TSXV listing transfer (effective May 29, 2026) disclosures.DISCLAIMERNothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. American Newa Group is a wholly-owned subsidiary of Market IQ Media Group Limited, a company incorporated under the laws of Ireland. ("MIQL"). MIQL has been paid a fee for Western Star Resources Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares Western Star Resources Inc., and may liquidate their shares which could have a negative effect on the price of the stock. Previous compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQL do not own any shares of Western Star Resources Inc. but reserve the right to buy and sell, and will buy and sell shares of Western Star Resources Inc. at any time hereafter without any further notice. We also expect further compensation in the future as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQL has been approved by the above mentioned company; we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. View original content to download multimedia:https://www.prnewswire.com/news-releases/america-has-no-tungsten-mine-and-a-2027-deadline--now-field-crews-are-on-the-ground-at-a-past-producing-nevada-project-302807810.html Original: America Has No Tungsten Mine and a 2027 Deadline -- Now Field Crews Are on the Ground at a Past-Producing Nevada Project

Guardian Metal Resources PLC Announces Holding(s) in CompanyJune 22, 2026 2:00 AM
ACCESS NewswireLONDON, UK / ACCESS Newswire / June 22, 2026 / TR-1: Standard form for notification of major holdings1. Issuer DetailsISINGB00BPQY8R36Issuer NameGUARDIAN METAL RESOURCES PLCUK or Non-UK IssuerUK2. Reason for NotificationAn acquisition or disposal of voting rights3. Details of person subject to the notification obligationNamePurebond LimitedCity of registered office (if applicable)WembleyCountry of registered office (if applicable)England4. Details of the shareholderFull name of shareholder(s) if different from the person(s) subject to the notification obligation, aboveCity of registered office (if applicable)Country of registered office (if applicable)5. Date on which the threshold was crossed or reached17-Jun-20266. Date on which Issuer notified17-Jun-20267. Total positions of person(s) subject to the notification obligation % of voting rights attached to shares (total of 8.A)% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)Total of both in % (8.A + 8.B)Total number of voting rights held in issuerResulting situation on the date on which threshold was crossed or reached5.0049280.0000005.0049289750000Position of previous notification (if applicable)5.0255660.0000005.025566 8. Notified details of the resulting situation on the date on which the threshold was crossed or reached8A. Voting rights attached to sharesClass/Type of shares ISIN code(if possible)Number of direct voting rights (DTR5.1)Number of indirect voting rights (DTR5.2.1)% of direct voting rights (DTR5.1)% of indirect voting rights (DTR5.2.1)GB00BPQY8R369750000 5.004928 Sub Total 8.A97500005.004928%8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))Type of financial instrumentExpiration dateExercise/conversion periodNumber of voting rights that may be acquired if the instrument is exercised/converted% of voting rights Sub Total 8.B1 8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))Type of financial instrumentExpiration dateExercise/conversion periodPhysical or cash settlementNumber of voting rights% of voting rights Sub Total 8.B2 9. Information in relation to the person subject to the notification obligation2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)Ultimate controlling personName of controlled undertaking% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable thresholdSolai Holdings LimitedPurebond Limited5.004928 5.004928%10. In case of proxy votingName of the proxy holderThe number and % of voting rights heldThe date until which the voting rights will be heldIf date does not apply, explain below11. Additional InformationPurebond Limited and Related Parties jointly hold 6.316197% Voting Rights in Guardian Metal Resources Plc12. Date of Completion13. Place Of CompletionLondonThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Guardian Metal Resources PLCView the original press release on ACCESS NewswireOriginal: Guardian Metal Resources PLC Announces Holding(s) in Company

Guardian Metal Strengthens Tempiute Development Strategy with Nevada Land and Water Rights Deal (GMET)June 17, 2026 3:23 AM
IH Market News Guardian Metal Resources (AMEX:GMTL) (USOTC:GMTLF) has expanded its strategic asset base in Nevada after acquiring Lincoln Estates Group LLC, a transaction that provides ownership of 841 acres of mixed-use land and annual water rights totalling 2,540 acre-feet. The assets are situated within 10 miles of the company’s Tempiute Tungsten Project and were acquired for US$1.3 million in cash through Guardian Metal’s U.S. subsidiary. Key Resources Secured Near Tempiute The acquisition is expected to play an important role in advancing the Tempiute project by securing critical infrastructure-related assets early in the development process. The land package and water rights are located close to the former producing mine and complement infrastructure established during previous operations in the 1980s. Management believes the transaction significantly enhances project readiness by ensuring access to essential water resources while providing additional flexibility for future development activities. The move also aligns with the company’s strategy of supporting a robust domestic tungsten supply chain in the United States, a metal increasingly viewed as strategically important for defence and industrial applications. Outlook Remains Influenced by Financial Performance While the acquisition strengthens the long-term development outlook, Guardian Metal continues to operate without meaningful revenue and remains loss-making, with free cash flow under pressure. A debt-free balance sheet provides some financial support, helping offset these challenges. Market indicators offer mixed signals. The shares remain above several key technical support levels, although weaker momentum readings suggest caution. Valuation metrics are also limited by the absence of earnings and dividend returns. More About Guardian Metal Resources Guardian Metal Resources is focused on the exploration and development of critical mineral projects in the United States, with a particular emphasis on tungsten. The company’s core assets, the Pilot Mountain and Tempiute projects in Nevada, are intended to help reduce U.S. dependence on imported supplies of this strategically important metal. In addition to advancing its project portfolio, Guardian Metal has secured backing from the U.S. government, including a US$6.2 million Defense Production Act award to support work at Pilot Mountain. The company broadened its capital markets profile in March 2026 through a listing on the NYSE American, alongside its existing London and OTCQB quotations. The post Guardian Metal Strengthens Tempiute Development Strategy with Nevada Land and Water Rights Deal (GMET) appeared first on US Editors. Original: Guardian Metal Strengthens Tempiute Development Strategy with Nevada Land and Water Rights Deal (GMET)

Guardian Metal Resources PLC Announces Acquisition of Lincoln Estates & Water RightsJune 17, 2026 2:00 AM
ACCESS NewswireLONDON, UK / ACCESS Newswire / June 17, 2026 / Guardian Metal Resources plc (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF), a strategic mineral exploration company focused on tungsten in Nevada, USA, is pleased to announce the acquisition of Lincoln Estates Group LLC ("Lincoln Estates") which includes 841 acres of real property as well as 2,540 acre-feet of annual water rights. Lincoln Estates is located less than 10 miles from the Company's Tempiute Tungsten Project ("Tempiute" or the "Project"), located in south-central Nevada less than 250 miles (402 km) southeast of the Company's Pilot Mountain Tungsten Project. Tempiute, formerly known as the Emerson Tungsten Mine, is a significant past producing tungsten mine, which was originally discovered in 1916 and most recently operated during the 1980s.Securing water and land rights marks an important milestone for the Project as its various workstreams advance. Combined with Tempiute's existing infrastructure, this acquisition enhances the Project's development potential and advance Guardian Metal's goal of building a resilient U.S. domestic tungsten supply chain, reducing reliance on foreign sources while reinforcing economic and defense security.Acquisition Highlights:2,540 acre-feet per annum of water rights across three permits currently banked with the Lincoln County Water District.Approximately 841 acres of real property rights that are zoned for mixed use, commercial, industrial, and single family.Direct access off Highway 375, the same access highway for Tempiute.Guardian Metal retains the right to assign and/or transfer the beneficial interest in the water rights for use within the service area, which includes Tempiute.The acquisition of Lincoln Estates represents a key derisking milestone as the Company continues to advance Tempiute across multiple active workstreams.Oliver Friesen, CEO of Guardian Metal, commented:"We believe securing these water and property rights materially de-risks and supports the accelerated advancement of the Tempiute Tungsten Project. These rights, together with the substantial infrastructure remaining from Tempiute's last period of operation in the 1980s, further strengthen the Project's foundation for redevelopment.Our on-site team continues to make meaningful progress across multiple workstreams, and this acquisition secures a range of strategic opportunities that will facilitate the next stages of project exploration and development. We look forward to providing further updates as these workstreams advance, including ongoing resource-focused drilling."Commercial Terms:The total purchase price for 100% ownership of Lincoln Estates is US$1.3 million, payable in cash, completed through Golden Metal Resources, LLC, one of the Company's wholly-owned U.S. subsidiaries.Forward Looking StatementsThis 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, including general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, potential delays or changes in plans, uncertainties resulting from operating in a new political jurisdiction, uncertainties regarding the results of exploration, the timing and granting of prospecting rights, the timing and granting of regulatory and other third party consents and approvals, Guardian Metal's or any third party's ability to execute and implement future plans, and the occurrence of unexpected events.Forward-looking statements are subject to risks and uncertainties, including those described in the Company's filings with the SEC. There can be no assurance that the acquired water rights or real property interests will ultimately support a future mining operation at Tempiute or that the Project will proceed to development or production. Guardian Metal undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.This announcement does not purport to be full or complete. No reliance may or should be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The information in this announcement is subject to change.For further information visit www.guardianmetalresources.com or contact the following:Guardian Metal Resources plcOliver Friesen (CEO)Tel: +44 (0) 20 7583 8304info@guardianmetalresources.comCairn Financial Advisers LLPNominated AdviserSandy Jamieson/Jo Turner/Louise O'DriscollTel: +44 (0) 20 7213 0880BerenbergJoint Broker and Financial AdviserJennifer Lee/Ivan BriechleTel: +44 (0) 20 3207 7800Tamesis Partners LLPJoint BrokerCharlie Bendon/Richard GreenfieldTel: +44 (0) 20 3882 2868TavistockFinancial PR in the UKEmily Moss/Josephine ClerkinTel: +44 (0) 7920 3150 /+44 (0) 7788 554035guardianmetal@tavistock.co.ukEdelman SmithfieldFinancial PR in the USguardianmetal@edelmansmithfield.comAbout Guardian Metal ResourcesGuardian Metal Resources PLC (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF) is a strategic mineral exploration company driving the revival of U.S. mined tungsten production and strengthening America's defense metal independence. The Company is advancing two co-flagship tungsten projects, Pilot Mountain, one of the largest undeveloped tungsten deposits in the U.S. and Tempiute, formerly America's largest producing tungsten operation, both located in Nevada, one of the top-rated mining jurisdictions in the United States.In July 2025, the U.S. Department of War (DoW) under Title III of the Defense Production Act of 1950, as amended, invested US$6.2M in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain PFS. The Company completed a U.S. listing on the NYSE American on March 20, 2026.Tungsten is a strategic metal critical to the defense, energy transition, technology, and industrial sectors. In the context of shifting geopolitical dynamics and tightening Chinese export restrictions, Guardian Metal is well positioned to play a leading role in re-establishing a secure, domestically mined U.S. supply chain for this vital defense metal.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Guardian Metal Resources PLCView the original press release on ACCESS NewswireOriginal: Guardian Metal Resources PLC Announces Acquisition of Lincoln Estates & Water Rights

A Wartime Tungsten Mine the U.S. Government Wanted Drilled -- but Never Did -- Just Changed HandsJune 15, 2026 9:00 AM
PR Newswire (US) Issued on behalf of Western Star Resources Inc.With China controlling the vast majority of the world's tungsten and a 2027 U.S. defense-procurement cliff approaching, a past-producing New Mexico mine with a 27.6% surface sample has become a strategic acquisition.Equity Insider News CommentaryVANCOUVER, BC, June 15, 2026 /PRNewswire/ -- In the 1950s, the United States government looked at a high-grade tungsten deposit in the New Mexico desert, judged it strategically important enough to co-fund, and signed a contract to pay 75% of the cost of sinking a shaft and drilling it out. Then the contract was never executed, the drilling never happened, and the deposit slipped back into obscurity for the better part of seventy years. Today, with tungsten reclassified as a critical mineral and a looming defense-procurement deadline forcing Washington to confront its near-total dependence on China, that same untested deposit has just been acquired by a company betting the moment has finally caught up with the rock.  Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) announced it has acquired a 100% interest in the past-producing Eagle Point Tungsten Mine in Hidalgo County, New Mexico — a property with a documented wartime production history, eight tungsten-bearing skarn bodies exposed at surface, a recent government sample grading an extraordinary 27.6% tungsten trioxide, and the unusual distinction of being a deposit the U.S. government once formally agreed to help drill. For a company assembling a portfolio of past-producing American tungsten assets, it is the kind of acquisition designed to anchor a strategy around one of the most geopolitically charged metals on the periodic table.Key TakeawaysWestern Star Resources (CSE: WSR) acquired a 100% interest in the past-producing Eagle Point Tungsten Mine in New Mexico — 24 contiguous lode claims in the Little Hatchet mining district — expanding its portfolio of U.S. tungsten assets into a new district.Recent USGS sampling returned a headline scheelite-bearing skarn grade of 27.6% WO3 (219,000 ppm tungsten) at surface, plus a roughly 0.98% molybdenum credit — confirming very high-grade mineralization that earlier work appears to have underestimated.The property is a documented past producer (~1,800 tons shipped during WWII at ~0.5% WO3), and in 1955 the U.S. government signed a Defense Minerals Exploration Administration contract to fund 75% of a shaft-and-drill program that was never carried out — leaving the core targets untested.Tungsten is a designated U.S. critical mineral; the United States has no domestic commercial production, and roughly 85% of global supply is controlled by China.The acquisition lands amid a sharp tightening in Western tungsten supply, alongside peers including Almonty Industries, Guardian Metal Resources, EQ Resources, and Energy Fuels.Why Tungsten Became a Strategic EmergencyTungsten rarely registers with the public, but it is one of the most quietly indispensable metals in the industrial and defense economy. It is the hardest naturally occurring metal by certain measures, with the highest melting point of any metal, which makes it essential for armor-piercing munitions, aerospace components, cutting tools, and a long list of advanced-manufacturing and energy applications. There is, for most of these uses, no good substitute. And the United States, despite that dependence, has no domestic commercial tungsten production — it imports what it needs, into a market where China controls an estimated 85% of global supply.That dependence has turned into a pressing vulnerability as the geopolitics have hardened. China has tightened export licensing on tungsten and other critical metals, and the price has responded violently: the benchmark ammonium paratungstate price in Rotterdam traded around US$3,185 per metric tonne unit in early May 2026, reported as roughly a 900% increase over the prior twelve months. Layered on top is a hard regulatory deadline — the DFARS 252.225-7052 procurement restriction, which from January 1, 2027 prohibits Chinese, Russian, Iranian, and North Korean-origin tungsten across much of the U.S. defense supply chain. In other words, the U.S. defense industrial base will soon be legally required to source tungsten from outside China, even though it currently produces none of its own. That gap is the entire investment thesis behind the domestic-tungsten developers, and it is why a past-producing American deposit suddenly looks strategic rather than historical.What Western Star Actually AcquiredEagle Point is not a greenfield gamble; it is a brownfield deposit with an unusually rich paper trail. Discovered in 1940 by a prospector hunting scheelite with an ultraviolet lamp — tungsten's signature mineral fluoresces under UV light — the property was examined repeatedly by the U.S. Bureau of Mines and U.S. Geological Survey across the 1940s and 1950s, and shipped roughly 1,800 tons of scheelite-bearing material to a government stockpile during the Second World War. Federal examiners at the time were encouraged by what they found, with one mid-century engineer concluding the mine could sustain a grade around 0.5% WO3 and operate as a low-cost open pit producing 100 tons or more per day.What has changed the picture is modern sampling. Recent USGS work, reported through New Mexico state geological data, returned a peak composite outcrop sample grading 27.6% WO3 — an exceptionally high grade for a surface sample — along with several additional skarn samples carrying anomalous to high-grade tungsten and elevated molybdenum. The highest-grade sample also returned approximately 0.98% molybdenum, raising the prospect of a co-product credit. The company has been careful to frame the property's history correctly: the deposit hosts eight separate skarn bodies exposed at surface over roughly 1,500 to 2,000 feet of strike, but historical drilling was minimal — only a few shallow holes near the main open cut — leaving the system effectively untested at depth and along strike using modern techniques.It is worth being precise about the numbers, because the company is. The mid-century tonnage figures — historical estimates on the order of 150,000 to 200,000 tons of scheelite-bearing tactite — are explicitly described as historical in nature. They predate and do not comply with NI 43-101, have not been verified by a qualified person as current mineral resources, and the company is not treating them as current resources or reserves. They are presented as a record of past work, not as a defined resource. That distinction matters, and the company's willingness to draw it clearly is a marker of disciplined disclosure rather than hype.The Contract That Never Got DrilledThe most intriguing feature of Eagle Point is the one that ties its past directly to the present moment. In 1955, the U.S. government — through the Defense Minerals Exploration Administration, a Cold War-era program created to spur domestic production of strategically vital minerals — drafted and signed a contract (Idm-E783, Docket DMEA-3701) agreeing to fund 75% of a program of shaft sinking and diamond drilling at Eagle Point. The government, in short, looked at this deposit during a previous period of tungsten anxiety and decided it was worth federal money to drill out. Then, for reasons lost to history, the contract was never executed and the planned drilling never happened.That detail is more than a historical curiosity. It means the deposit carries a federal stamp of strategic interest, and that the very exploration work the government once deemed worthwhile — testing the system at depth — has still never been done. "Eagle Point is the kind of asset you build a company around," said Blake Morgan, CEO and President of Western Star, pointing to the combination of high-grade tungsten, a documented production history, eight surface skarn bodies, and a tier-one U.S. jurisdiction in a deposit "never once … touched by modern exploration." He framed the federal backing pointedly: the deposit was "prospective enough that the U.S. Government approved and funded an exploration contract over it in the 1950s — one that was never drilled."The Plan From HereWestern Star intends to advance Eagle Point with the same systematic, modern toolkit it is applying across its U.S. tungsten portfolio — the kind of work the 1950s program never delivered. The proposed program centers on a property-wide, high-resolution drone magnetic survey to map the skarn-intrusive contact and generate drill targets; systematic rock-chip and soil geochemical sampling to follow up the high-grade USGS results and characterize the distribution of tungsten and molybdenum; and field mapping with ultraviolet fluorescence surveying to rapidly identify scheelite across the outcrops and dumps. The results are intended to prioritize targets and support the drill-permitting process that would, at long last, test the deposit at depth.The technical work carries the credibility of a named qualified person: the scientific and technical information has been reviewed and approved by Jasper Mowatt, a qualified person under NI 43-101. And the timing aligns with the policy backdrop — recent U.S. directives prioritize fast-tracking domestic tungsten projects, with federal grants and defense-sector support potentially available for qualifying critical-mineral assets, exactly the category Eagle Point is positioned to fit.The Tungsten Names Investors Are WatchingWestern Star is one of a small group of public companies racing to build Western-aligned tungsten supply, and looking at the broader field helps frame both the scale of the opportunity and where an early-stage explorer sits within it.Almonty Industries Inc. (NASDAQ: ALM) (TSX: AII) is the bellwether of the entire sector. Described as the largest Western-aligned tungsten producer, Almonty began active mining at its Sangdong project in South Korea in late 2025 and has positioned itself as the anchor of a non-China tungsten supply chain for the U.S. and its allies, reporting sharp revenue growth and drawing bullish analyst coverage. Almonty illustrates the production-stage destination of the thesis — a company already turning the supply-security narrative into output and revenue — against which earlier-stage explorers like Western Star can be measured.Guardian Metal Resources PLC (NYSE American: GMTL) (AIM: GMET) (OTCQB: GMTLF) may be the closest stage-and-geography comparison. The company is advancing U.S. tungsten projects — including its Pilot Mountain and Tempiute assets in Nevada — squarely on the domestic-supply thesis, and completed a U.S. listing on the NYSE American in March 2026. As another developer working to revive American tungsten in a tier-one jurisdiction, Guardian is a useful reference point for how the market values a U.S.-focused tungsten story that is advancing toward, but has not yet reached, production.EQ Resources Limited (ASX: EQR) (OTCPK: EQRMF) represents the established, non-China producer angle from the other side of the world. Operating the Mt Carbine tungsten project in Queensland, Australia and the Barruecopardo mine in Spain, EQ Resources is among the largest tungsten producers outside Chinese control — a reminder that the Western supply response spans multiple continents, and that allied production, not just U.S. production, is part of how the procurement gap gets filled.Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) rounds out the group as the broader U.S. critical-minerals diversifier. Best known as a leading domestic uranium producer, Energy Fuels has expanded into rare earths and other critical minerals, positioning itself as a multi-commodity vehicle for the same reshoring wave driving tungsten. It illustrates how the critical-minerals theme that makes a tungsten deposit like Eagle Point strategically valuable extends across a whole basket of materials the U.S. is racing to source domestically. These companies are referenced to illustrate the sector and do not imply any partnership, endorsement, affiliation, or comparable financial performance; they span different metals, jurisdictions, sizes, and stages, and Western Star sits among the earliest-stage, pre-resource names.The Opportunity and the CaveatsThe appeal of the Eagle Point acquisition is easy to articulate: a brownfield, past-producing tungsten deposit with high-grade surface samples, eight skarn bodies, a documented federal history, and a tier-one U.S. location, acquired precisely as a defense-procurement cliff and Chinese export controls turn domestic tungsten into a strategic priority. Few junior acquisitions check that many boxes at once.The caveats are equally important. Western Star is an early-stage exploration and development company; Eagle Point has no current, NI 43-101-compliant mineral resource, and the historical tonnage figures cannot be relied upon as current. The standout 27.6% WO3 result is a selective surface sample, not a representative grade for the deposit, and high-grade grab samples by their nature do not reflect what systematic drilling will ultimately define. The proposed work program — surveys, sampling, and eventual drilling — carries the usual exploration, permitting, and financing risks, and the company has not yet drilled the targets that would convert promise into a defined resource. Exploration outcomes are inherently uncertain, and investors should weigh the strategic appeal against that reality.Still, the larger trajectory is hard to dispute. A metal the U.S. cannot currently produce domestically, controlled overwhelmingly by a strategic rival, subject to a fast-approaching procurement deadline, with prices up enormously over the past year — that is a sector with powerful structural tailwinds. Western Star has responded by acquiring a deposit the U.S. government itself once wanted drilled, and positioning it at the center of an American critical-minerals platform. Whether Eagle Point ultimately delivers will be settled by the drill bit. But the strategic logic of owning high-grade, past-producing U.S. tungsten at this particular moment is about as clear as it gets in the junior-mining world.CONTINUED … Learn more about Western Star Resources Inc. at: https://equity-insider.com/wsr-landingSEE WHAT THE MARKET IS TALKING ABOUT BEFORE IT MOVESEagle Eye reads social, forum, and news chatter across thousands of investor conversations in real time — and surfaces the tickers the crowd is piling into, along with the sentiment and catalysts behind them.Explore Eagle Eye free (for now) at https://Eagle-Eye.devCONTACT:
Equity Insider
info @therooster-2873SOURCES:1. Western Star Resources Inc. — "Western Star Resources Acquires the Past-Producing Eagle Point Tungsten Mine, New Mexico…" (company press release, June 2026; primary source for the acquisition, USGS grades, DMEA contract history, claims, CEO Blake Morgan quotes, and QP Jasper Mowatt): https://www.westernstarresources.com/news
2. U.S. Tungsten Supply Chain Tightens (PR Newswire / Equity Insider, May 27, 2026; APT Rotterdam ~US$3,185/MTU, ~900% increase, DFARS Jan 1 2027 cliff, peer set WSR / ALM / GMET / EQR / UUUU): https://www.prnewswire.com/news-releases/us-tungsten-supply-chain-tightens-as-a-nevada-past-producer-mobilizes-drone-geophysics-and-property-wide-soil-geochemistry-toward-drill-ready-targets-302783006.html
3. Almonty Industries Inc. — Shareholder letter, "Long-Term Plan to Anchor Western Tungsten Supply Chain" (Jan 20, 2026; Sangdong production, China ~80%+ supply, critical-metal status): https://almonty.com/shareholder-letter-outlines-long-term-plan/
4. U.S. Geological Survey — Mineral Commodity Summaries: Tungsten (U.S. import reliance, no domestic commercial production, global supply concentration): https://www.usgs.gov/centers/national-minerals-information-center/tungsten-statistics-and-information
5. Clinkscales, C. & Lawton, T. (2017), "Mesozoic–Paleogene structural evolution … Little and Big Hatchet Mountains, southwest New Mexico," Geosphere (regional geological setting of the Little Hatchet district): https://doi.org/10.1130/GES01539.1DISCLAIMER:Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. equity-insider.com is a wholly-owned subsidiary of Market IQ Media Group Limited, a company incorporated under the laws of Ireland. ("MIQL"). MIQL has been paid a fee for Western Star Resources Inc. advertising and digital media from the company directly. There may be 3rd parties who may have shares Western Star Resources Inc., and may liquidate their shares which could have a negative effect on the price of the stock. Previous compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQL do not own any shares of Western Star Resources Inc. but reserve the right to buy and sell, and will buy and sell shares of Western Star Resources Inc. at any time hereafter without any further notice. We also expect further compensation in the future as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQL has been approved by the above mentioned company; we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment. View original content to download multimedia:https://www.prnewswire.com/news-releases/a-wartime-tungsten-mine-the-us-government-wanted-drilled--but-never-did--just-changed-hands-302798916.html Original: A Wartime Tungsten Mine the U.S. Government Wanted Drilled -- but Never Did -- Just Changed Hands

Guardian Metal Resources PLC Announces Board UpdateJune 11, 2026 2:00 AM
ACCESS NewswireLONDON, UK / ACCESS Newswire / June 11, 2026 / Further to its announcement of board changes on 21 May 2026 and the conclusion of necessary due diligence, Guardian Metal Resources plc (NYSE-A:GMTL)(LON:GMET)(OTCQB:GMTLF), a mineral exploration company focused on tungsten within Nevada, USA, announces the formal appointment of Dr Mark Bramley Thorpe to its Board with immediate effect.Mark will be an Independent Non-executive Director of Guardian Metal and will be a member of the Audit Committee. He replaces Mr. Mark Burnett who retired from the Board, as announced previously.Regulatory Disclosures:The following information is disclosed pursuant to Rule 17 and Schedule Two paragraph (g) of the AIM Rules for Companies in relation to Mr. Thorpe, aged 66 :Current directorships and/or partnerships:Former directorships and/or partnerships (within the last five years):-Envirogold Global Limited (Canada)Canada Mining Innovation Council (Canada)There is no further information to be disclosed pursuant to paragraph (g) of Schedule 2 of the AIM rules.For further information visit www.Guardianmetalresources.com or contact the following:Guardian Metal Resources plcOliver Friesen (CEO)Tel: +44 (0) 20 7583 8304Cairn Financial Advisers LLPNominated AdviserSandy Jamieson/Jo Turner/Louise O'DriscollTel: +44 (0) 20 7213 0880BerenbergJoint Broker and Financial AdviserJennifer Lee/Ivan BriechleTel: +44 (0) 20 3207 7800Tamesis Partners LLPJoint BrokerCharlie Bendon/Richard GreenfieldTel: +44 (0) 20 3882 2868TavistockFinancial PR in the UKEmily Moss/Josephine ClerkinTel: +44 (0) 7920 3150 /+44 (0) 7788 554035guardianmetal@tavistock.co.ukEdelman SmithfieldFinancial PR in the USguardianmetal@edelmansmithfield.comAbout Guardian Metal ResourcesGuardian Metal Resources PLC (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF) is a strategic mineral exploration company driving the revival of U.S. mined tungsten production and strengthening America's defense metal independence. The Company is advancing two co-flagship tungsten projects, Pilot Mountain, one of the largest undeveloped tungsten deposits in the U.S. and Tempiute, formerly America's largest producing tungsten operation, both located in Nevada, one of the top-rated mining jurisdictions in the United States.In July 2025, the U.S. Department of War (DoW) under Title III of the Defense Production Act of 1950, as amended, invested US$6.2M in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain PFS. The Company completed a U.S. listing on the NYSE American on March 20, 2026.Tungsten is a strategic metal critical to the defense, energy transition, technology, and industrial sectors. In the context of shifting geopolitical dynamics and tightening Chinese export restrictions, Guardian Metal is well positioned to play a leading role in re-establishing a secure, domestically mined U.S. supply chain for this vital defense metal.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Guardian Metal Resources PLCView the original press release on ACCESS NewswireOriginal: Guardian Metal Resources PLC Announces Board Update

Guardian Metal Resources Expands Pilot Mountain Footprint With Discovery of New Tungsten Target (GMTL)June 4, 2026 3:57 AM
IH Market News Guardian Metal Resources (AMEX:GMTL) (USOTC:GMTLF) (LSE:GMET) has identified a previously unrecognised tungsten-bearing zone at its wholly owned Pilot Mountain project in Nevada, adding a new area of mineralisation outside the project’s existing resource base. The newly named Tremor Zone was encountered during condemnation drilling carried out to support infrastructure planning for Pilot Mountain’s ongoing pre-feasibility study. Initial results from drill hole PMR26-077 returned multiple tungsten intersections, including 13.68 metres grading 0.31% WO3 from a relatively shallow depth. Subsequent drilling has provided further evidence that the discovery may represent a significant addition to the project. Visual logging from several follow-up holes has confirmed the presence of tungsten-rich skarn mineralisation across an area extending roughly 400 metres along strike. Exploration remains at an early stage, with the zone still open in several directions and requiring additional drilling to determine its full extent. Although the Tremor Zone will not be included in the current pre-feasibility study due to the timing of the discovery, management believes the results highlight the untapped exploration potential across the broader Pilot Mountain property. The fact that the mineralisation lies within a royalty-free section of the project could further enhance its long-term economic significance. The discovery comes as demand for secure domestic supplies of critical minerals continues to grow in the United States. Guardian Metal is positioning Pilot Mountain as a strategic source of tungsten, a metal widely used in defence, aerospace and industrial applications. The company believes the emergence of the Tremor Zone strengthens the project’s potential role in supporting U.S. supply-chain security. Financially, the company continues to operate in a development phase, with limited revenue generation and ongoing losses affecting near-term performance. Free cash flow has also remained under pressure, although Guardian Metal benefits from a debt-free balance sheet. Market indicators offer a mixed picture, with the shares trading above key long-term moving averages despite weaker momentum signals. More About Guardian Metal Resources plc Guardian Metal Resources plc is a strategic minerals exploration company focused on advancing domestic tungsten production in the United States. Its flagship Pilot Mountain project in Nevada is regarded as one of the country’s largest undeveloped tungsten deposits, while the company’s Tempiute project represents another significant historical tungsten district. Listed in London, New York and on OTCQB, Guardian Metal is seeking to establish a secure U.S.-based supply of tungsten and other critical minerals that are essential to defence, manufacturing and advanced technology industries. The company’s development efforts have been supported by growing government interest in strengthening domestic critical mineral supply chains. Original: Guardian Metal Resources Expands Pilot Mountain Footprint With Discovery of New Tungsten Target (GMTL)

Guardian Metal Expands Pilot Mountain Footprint With Discovery of New Tungsten Target (GMET)June 4, 2026 3:57 AM
IH Market News Guardian Metal Resources (AMEX:GMTL) (USOTC:GMTLF) (LSE:GMET) has identified a previously unrecognised tungsten-bearing zone at its wholly owned Pilot Mountain project in Nevada, adding a new area of mineralisation outside the project’s existing resource base. The newly named Tremor Zone was encountered during condemnation drilling carried out to support infrastructure planning for Pilot Mountain’s ongoing pre-feasibility study. Initial results from drill hole PMR26-077 returned multiple tungsten intersections, including 13.68 metres grading 0.31% WO3 from a relatively shallow depth. Subsequent drilling has provided further evidence that the discovery may represent a significant addition to the project. Visual logging from several follow-up holes has confirmed the presence of tungsten-rich skarn mineralisation across an area extending roughly 400 metres along strike. Exploration remains at an early stage, with the zone still open in several directions and requiring additional drilling to determine its full extent. Although the Tremor Zone will not be included in the current pre-feasibility study due to the timing of the discovery, management believes the results highlight the untapped exploration potential across the broader Pilot Mountain property. The fact that the mineralisation lies within a royalty-free section of the project could further enhance its long-term economic significance. The discovery comes as demand for secure domestic supplies of critical minerals continues to grow in the United States. Guardian Metal is positioning Pilot Mountain as a strategic source of tungsten, a metal widely used in defence, aerospace and industrial applications. The company believes the emergence of the Tremor Zone strengthens the project’s potential role in supporting U.S. supply-chain security. Financially, the company continues to operate in a development phase, with limited revenue generation and ongoing losses affecting near-term performance. Free cash flow has also remained under pressure, although Guardian Metal benefits from a debt-free balance sheet. Market indicators offer a mixed picture, with the shares trading above key long-term moving averages despite weaker momentum signals. More About Guardian Metal Resources plc Guardian Metal Resources plc is a strategic minerals exploration company focused on advancing domestic tungsten production in the United States. Its flagship Pilot Mountain project in Nevada is regarded as one of the country’s largest undeveloped tungsten deposits, while the company’s Tempiute project represents another significant historical tungsten district. Listed in London, New York and on OTCQB, Guardian Metal is seeking to establish a secure U.S.-based supply of tungsten and other critical minerals that are essential to defence, manufacturing and advanced technology industries. The company’s development efforts have been supported by growing government interest in strengthening domestic critical mineral supply chains. Original: Guardian Metal Expands Pilot Mountain Footprint With Discovery of New Tungsten Target (GMET)

Guardian Metal Resources PLC Announces Discovery of Tremor Zone at Pilot MountainJune 4, 2026 2:00 AM
ACCESS NewswireLONDON, UK / ACCESS Newswire / June 4, 2026 / Guardian Metal Resources plc (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF), a strategic exploration company focused on tungsten in Nevada, USA, is pleased to announce the discovery of the "Tremor Zone", a newly identified mineralised zone, within the Company's 100%-owned Pilot Mountain Tungsten Project ("Pilot Mountain" or the "Project"), located in Nevada, USA. Following analysis of geological and geophysical datasets, the Company's in-house technical team identified the Tremor Zone area as one of the Project's priority exploration targets. The area was also being evaluated as a potential location for key mine infrastructure as part of the ongoing Pre-Feasibility Study ("PFS"). Condemnation drilling was therefore required across this blind target area, and the initial drill hole, utilising a reverse circulation ("RC") drill rig, intersected multiple intervals of tungsten-rich skarn mineralisation. The PFS, which is nearing completion, is being supported by a U.S. Department of War $6.2m Defense Production Act Title III investment¹ in Guardian Metal's wholly-owned subsidiary, Golden Metal Resources (USA) LLC.As a critical defense metal, tungsten has been designated as a strategic priority by the U.S. government. Guardian Metal is focused on advancing its co-flagship projects, Tempiute and Pilot Mountain, to become key pillars of U.S. tungsten supply and help drive the reshoring of domestic mined production. This is intended to help the U.S. reduce reliance on foreign supply chains, strengthen economic and defense security, and deliver long-term value for shareholders.Highlights:The Tremor Zone is a newly discovered tungsten-skarn zone, identified by the Company's in-house technical team during condemnation drilling conducted at one of the Project's priority exploration targets in connection with the ongoing PFS.The initial Tremor Zone discovery drillhole, PMR26-077, intersected five distinct zones of tungsten-rich skarn mineralisation which include a highlight intercept of 13.68m of 0.31% WO3 from only 102.11m - 115.82m downhole (see Table 1) as well as 3.04m of 0.24% WO3 (from 83.83m), 4.56m of 0.16% WO3 (from 118.87m), 1.52m of 0.24% WO3 (from 143.26m), and 4.56m of 0.24% WO3 (from 152.4m). The Tremor Zone is classified as a blind discovery as it is obscured by alluvial cover and therefore does not directly outcrop at surface.Following the completion of RC drillhole PMR26-077, an additional drill rig was mobilised to the area to follow up and to test for any potential extensions. Subsequent drill holes PMR26-078, PMR26-079, PM26-088, PM26-096, and PM26-097 also intersected visually identified tungsten-bearing skarn over approximate widths of 12m, 28m, 66m, 14m and 38m respectively.*To date, the Tremor Zone has been delineated over approximately 400 metres of strike length, with drilling ongoing utilising two diamond drill core rigs targeting both infill and step-out drilling as the Tremor Zone remains open in multiple directions.While the Tremor Zone is at an early stage of drilling and will not be incorporated into the upcoming PFS, the Company has retained flexibility within its infrastructure planning to allow for its potential inclusion in future studies, subject to further drilling and technical evaluation.The Tremor Zone is located within a part of the Pilot Mountain Project that is entirely royalty free.The Tremor Zone results further support the Company's view that Pilot Mountain may contain further exploration potential, with multiple at-surface skarn zones, including Garnet, Good Hope and Gunmetal, yet to be fully tested, in addition to unnamed blind skarn targets generated by the Company's in-house exploration team.*No resource estimate has been prepared for the Tremor Zone and further drilling and evaluation will be required to determine its significance to the broader Pilot Mountain Project.Oliver Friesen, CEO of Guardian Metal, commented:"The blind discovery of the Tremor Zone is a very exciting result for Guardian, coming at a time when we are advancing Pilot Mountain at pace across multiple engineering and exploration workstreams simultaneously. The fact that the Tremor Zone was identified during routine condemnation drilling across just one of the Project's multiple priority exploration target areas, highlights the untapped exploration potential that we believe exists at Pilot Mountain."We have always maintained that this Project remains largely underexplored, and the Tremor Zone is a compelling demonstration of that view. We look forward to announcing additional assay results as we continue to drill and define this new zone, while also advancing testing across the Project's other priority exploration targets, all in parallel with our ongoing PFS workstreams."Further DetailsDrillhole IDFrom (m)To (m)Length (m)WO3(%)Zn(%)Ag(ppm)PMR26-07783.8286.873.040.24 and102.11115.8213.680.31 and118.87123.444.560.160.22139.27and143.26144.781.520.240.40 and152.4156.974.560.240.4020.37Table 1: RC Drill Hole PMR26-077 Downhole ResultsReferencesCompany announcement, U.S. Department of Defense Awards $6.2M to Golden Metal Resources for the Pilot Mountain Project, dated 23 July 2025
( https://polaris.brighterir.com/public/guardian_metal_resources/news/rns/story/wvm0n3w )COMPETENT PERSON STATEMENTThe technical information contained in this disclosure has been read and approved by Mr Nick O'Reilly (MSc, DIC, MIMMM QMR, MAusIMM, FGS), who is a qualified geologist and acts as the Competent Person under the AIM Rules - Note for Mining and Oil & Gas Companies. Mr O'Reilly is a Principal consultant working for Mining Analyst Consulting Ltd which has been retained by Guardian Metal Resources plc to provide technical support.This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018). The Directors of the Company are responsible for this announcement.Forward Looking StatementsThis 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, including general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, potential delays or changes in plans, uncertainties resulting from operating in a new political jurisdiction, uncertainties regarding the results of exploration, the timing and granting of prospecting rights, the timing and granting of regulatory and other third party consents and approvals, Guardian Metal's or any third party's ability to execute and implement future plans, and the occurrence of unexpected events.Forward-looking statements are subject to risks and uncertainties, including those described in the Company's filings with the U.S. Securities and Exchange Commission. Guardian Metal undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.This announcement does not purport to be full or complete. No reliance may or should be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The information in this announcement is subject to change.For further information visit www.Guardianmetalresources.com or contact the following:Guardian Metal Resources plcOliver Friesen (CEO)Tel: +44 (0) 20 7583 8304Cairn Financial Advisers LLPNominated AdviserSandy Jamieson/Jo Turner/Louise O'DriscollTel: +44 (0) 20 7213 0880BerenbergJoint Broker and Financial AdviserJennifer Lee/Ivan BriechleTel: +44 (0) 20 3207 7800Tamesis Partners LLPJoint BrokerCharlie Bendon/Richard GreenfieldTel: +44 (0) 20 3882 2868TavistockFinancial PR in the UKEmily Moss/Josephine ClerkinTel: +44 (0) 7920 3150 /+44 (0) 7788 554035guardianmetal@tavistock.co.ukEdelman SmithfieldFinancial PR in the USguardianmetal@edelmansmithfield.comAbout Guardian Metal ResourcesGuardian Metal Resources PLC (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF) is a strategic mineral exploration company driving the revival of U.S. mined tungsten production and strengthening America's defense metal independence. The Company is advancing two co-flagship tungsten projects, Pilot Mountain, one of the largest undeveloped tungsten deposits in the U.S. and Tempiute, formerly America's largest producing tungsten operation, both located in Nevada, one of the top-rated mining jurisdictions in the United States.In July 2025, the U.S. Department of War (DoW) under Title III of the Defense Production Act of 1950, as amended, invested US$6.2M in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain PFS. The Company completed a U.S. listing on the NYSE American on March 20, 2026.Tungsten is a strategic metal critical to the defense, energy transition, technology, and industrial sectors. In the context of shifting geopolitical dynamics and tightening Chinese export restrictions, Guardian Metal is well positioned to play a leading role in re-establishing a secure, domestically mined U.S. supply chain for this vital defense metal.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Guardian Metal Resources PLCView the original press release on ACCESS NewswireOriginal: Guardian Metal Resources PLC Announces Discovery of Tremor Zone at Pilot Mountain

Guardian Metal Resources PLC Announces Exercise of OptionsJune 2, 2026 1:35 PM
ACCESS NewswireLONDON, UK / ACCESS Newswire / June 2, 2026 / Guardian Metal Resources plc ("Guardian Metal" or the "Company") (LON:GMET)(OTCQB:GMTLF)(NYSE American:GMTL), a strategic exploration company focused on tungsten in Nevada, USA, announces that the Company has received a notice to exercise options over a total of 500,000 new ordinary shares of 1 pence each in the Company ("Option Shares") at an exercise price of 14 pence per Option Share, raising £70,000 for the Company.ADMISSION AND TOTAL VOTING RIGHTSApplication will be made for the 500,000 Option Shares to be admitted to trading on AIM which is expected to occur on or around 8 June 2026 ("Admission"). The Option Shares will rank pari passu in all respects with the ordinary shares of the Company currently traded on AIM.Following Admission, the Company's issued share capital will comprise 194,807,981 ordinary shares of 1p each. This number will represent the total voting rights in the Company and may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.For further information please contact the following:Guardian Metal Resources plcOliver Friesen (CEO)Tel: +44 (0) 20 7078 8496Cairn Financial Advisers LLPNominated AdviserSandy Jamieson/Jo Turner/Louise O'DriscollTel: +44 (0) 20 7213 0880BerenbergJoint Broker and Financial AdviserJennifer Lee/Ivan BriechleTel: +44 (0) 20 3207 7800Tamesis Partners LLPJoint BrokerCharlie Bendon/Richard GreenfieldTel: +44 (0) 20 3882 2868TavistockFinancial PR in the UKEmily Moss/Josephine ClerkinTel: +44 (0) 7920 3150 /+44 (0) 7788 554035guardianmetal@tavistock.co.ukEdelman SmithfieldFinancial PR in the USguardianmetal@edelmansmithfield.comAbout Guardian Metal ResourcesGuardian Metal Resources PLC (NYSE.A: GMTL, LON:GMET, OTCQB:GMTLF) is a strategic mineral exploration company driving the revival of U.S. mined tungsten production and strengthening America's defense metal independence. The Company is advancing two tungsten projects, Pilot Mountain, one of the largest undeveloped tungsten deposits in the U.S. and Tempiute, formerly America's largest producing tungsten operation, both located in Nevada, one of the top-rated mining jurisdictions in the United States.In July 2025, the U.S. Department of War (DoW) under Title III of the Defense Production Act of 1950, as amended, invested U.S. $6.2M in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain PFS. The Company completed a U.S. listing on the NYSE American on March 20, 2026.Tungsten is a strategic metal critical to the defense, energy transition, technology, and industrial sectors. In the context of shifting geopolitical dynamics and tightening Chinese export restrictions, Guardian Metal is well positioned to play a leading role in re-establishing a secure, domestically mined U.S. supply chain for this vital defense metal.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Guardian Metal Resources PLCView the original press release on ACCESS NewswireOriginal: Guardian Metal Resources PLC Announces Exercise of Options

The Metal China Controls Faces a 2027 U.S. Deadline -- and a Nevada Mine Just Made Its MoveJune 2, 2026 8:55 AM
PR Newswire (Canada) Issued on behalf of Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) (FRA: 4K2)VANCOUVER, BC, June 2, 2026 /CNW/ -- Equity Insider News Commentary — Tungsten spent the better part of a decade as an afterthought in Western industrial policy—a metal everyone needed and almost no one outside China actually mined. That complacency is now colliding with a hard procurement deadline. After January 1, 2027, U.S. defense supply chains face restrictions on Chinese, Russian, Iranian and North Korean tungsten that reach from the mine all the way through finished powders, heavy alloys and magnets, a cliff written into DFARS 252.225-7052 and 10 U.S.C. §4872. The result has been a scramble to stand up non-Chinese supply, and a rerating of nearly every company with a credible path to producing the metal in a friendly jurisdiction. Against that backdrop, Western Star Resources Inc. (CSE: WSR) (OTC: WSRIF) (FRA: 4K2) has taken a step that, on its own, looks procedural—but in this market is anything but. The company has engaged KC Harvey Environmental, LLC to lead drill-permitting at its 100%-owned, past-producing Rowland Tungsten Property in Elko County, Nevada, and has opened formal dialogue with the U.S. Forest Service district that oversees the ground. For a junior explorer, the permitting clock and the procurement clock are now running in the same direction at the same time.See why Rowland is positioned for the tungsten supply squeeze — view the full Western Star investor briefing here.From the historical record to a federal applicationIn its June 3, 2026 release, Western Star confirmed it has retained KC Harvey Environmental to prepare and submit a Plan of Operations—USDA Forest Service form FS-2800-5, filed under 36 CFR 228A—covering the company's proposed Phase 2 drilling program at Rowland, and to manage the associated National Environmental Policy Act (NEPA) review. The company has also begun engagement with the Jarbidge District Ranger of the Mountain City–Ruby Mountains–Jarbidge Ranger District of the Humboldt-Toiyabe National Forest, the relevant federal authority for the property.The Plan of Operations is the principal authorization a company needs to drill on National Forest System lands, and it is the document on which a project's timeline frequently lives or dies. KC Harvey's scope, as described by the company, covers preparation of the Plan of Operations, supporting environmental baseline and reclamation planning, and coordination of the NEPA review with the Forest Service. Western Star says it intends to advance the federal application in parallel with state-level reclamation permitting and its ongoing Phase 1 and Phase 2 exploration programs at Rowland.The choice of consultant is itself a signal of intent. KC Harvey Environmental is a Bozeman, Montana–based firm specializing in mining permitting, reclamation and NEPA support across the western United States. Its mining services are led by founder Kevin Harvey, M.Sc., a board-certified professional soil scientist and the current president of the American Society of Mining and Reclamation. Bringing in a permitting specialist with that profile is the kind of move that tends to precede a serious push toward the drill bit rather than a placeholder filing."Engaging KC Harvey and opening dialogue with the Jarbidge District Ranger is the logical next step for Rowland," commented Blake Morgan, CEO and President of Western Star. "With Phase 1 field work confirming a materially larger exploration opportunity than the historical record suggested, our priority is to advance permitting in parallel with exploration so we are positioned to drill test the Rowland targets without delay."That last point—permitting in parallel rather than in sequence—is the strategic core of the announcement. Juniors often treat permitting as something to start once the geology is fully de-risked. With a 2027 procurement cliff approaching and tungsten supply tight, Western Star is treating the regulatory pathway as a critical-path item to be advanced alongside the science, not after it.Why "previously disturbed" mattersRowland's history is not just color—it is potentially a permitting advantage. The property hosts three confirmed zones of historical tungsten workings, and the company expects that the extensive existing disturbance will support its case that the project area is previously disturbed ground. In NEPA terms, a site that has already seen mining activity can, in many cases, follow a more streamlined environmental review than a true greenfield disturbance, because the baseline conditions and reclamation considerations are different.The historical numbers at Rowland are modest in absolute terms but striking in grade. Recorded output includes roughly 4.5 tons grading 3.38% WO3 in 1943, and on the order of 1,000 tons at 0.5–1.0% WO3 in the mid-1950s—figures that speak to high-grade scheelite mineralization left behind when tungsten prices collapsed and cheaper Chinese supply took over. Those grades are precisely the kind of legacy that becomes interesting again when the metal trades at multiples of where it sat a few years ago, and when buyers will pay a premium for units that never touch a Chinese supply chain.Western Star's technical disclosure on Rowland has been reviewed and approved by Jasper Mowatt, MIMMM and MAusIMM, a Qualified Person as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Investors should note that historical production figures pre-date modern reporting standards and have not been verified as current mineral resources; they are indicative of the tenor of past mining rather than a present-day resource estimate.Want the full picture on Rowland's high-grade history and Phase 2 targets? Explore the project breakdown here.A market that has changed beyond recognitionThe reason a single permitting engagement carries weight is the metal market behind it. According to Fastmarkets, ammonium paratungstate (APT) assessments for the 88.5% WO3 CIF Rotterdam and Baltimore duty-free benchmark climbed from roughly $900–940 per metric tonne unit in January to a $1,650–1,900 range by mid-February as buyers scrambled to secure units—moves that trace directly to China's control of more than three-quarters of global supply and its tightening export posture. Pricing has stayed volatile and elevated since, with some assessments through the spring running well above $3,000 per mtu even as softer Chinese domestic demand introduced two-way risk into the spot market.The policy layer reinforces the price signal. China's 2026 mining quotas are being cut a further 8%, deepening a cumulative reduction relative to 2024 levels, and S&P Global analysis cited in market commentary has noted that even a mine breaking ground today would struggle to deliver meaningful supply before about 2030. For Western buyers facing the 2027 DFARS procurement cliff, that timeline gap is the entire investment thesis: the demand is mandated, the lead times are long, and the qualified Western supply simply does not yet exist at scale.It is worth distinguishing the company's primary news date from this commentary. Western Star issued its KC Harvey announcement on June 3, 2026; this article is syndicated market commentary published by USA News Group on behalf of Market IQ Media Group, Inc. and should not be read as the company's own disclosure.Four tungsten names investors are watching alongside Western StarWestern Star sits at the early, pre-drill end of the tungsten spectrum, which makes the broader peer group useful context for understanding where capital is flowing as the reshoring trade matures. Four operators—spanning producers and developers across North America, Europe, Asia and Australia—illustrate the range.Almonty Industries Inc. (NASDAQ: ALM) (TSX: AII) is the name most often cited as the template for what a Western tungsten producer can become. In March 2026, Almonty completed Phase 1 commissioning of its Sangdong tungsten mine in South Korea—back in production after more than three decades—with the plant designed to process around 640,000 tonnes of ore annually for roughly 2,300 tonnes of tungsten concentrate per year. A Phase 2 expansion slated for 2027 is designed to roughly double that output, with the company targeting supply of about 40% of global tungsten demand outside China. Almonty has relocated its corporate headquarters to Montana and frames Sangdong explicitly around U.S. defense procurement requirements that mandate non-China sourcing after 2027.Guardian Metal Resources PLC (NYSE American: GMTL) (LON: GMET) (OTCQB: GMTLF) is arguably the closest structural and geographic comparison to Western Star. The company is advancing two past-producing Nevada tungsten projects—Pilot Mountain and Tempiute—and, per its May 6, 2026 update, is progressing a pre-feasibility study at Pilot Mountain supported by a U.S. Department of War $6.2 million Defense Production Act Title III investment, with a mine Plan of Operations targeted for submission to U.S. regulators in August 2026. Guardian completed a NYSE American listing on March 20, 2026. Its permitting-and-feasibility trajectory on Nevada ground is, in effect, a few steps ahead on the same road Western Star is now starting down at Rowland.EQ Resources Limited (ASX: EQR) rounds out the producer side from the Australia–Europe axis. Per its H1 FY2026 results, the company lifted half-year revenue 26% to A$43.96 million on tungsten concentrate production of 67,126 mtu across its Mt Carbine mine in Queensland and Barruecopardo mine in Spain, while narrowing its net loss sharply. Management has guided to a Mt Carbine ramp-up toward roughly 1,750 tonnes of WO3 annually by the end of 2026 as the operation moves into higher-grade in-situ ore. EQ underscores how operating leverage at an existing producer can swing results quickly when tungsten prices are running.American Tungsten Corp. (CSE: TUNG) (OTCQB: TUNGF) (FRA: RK90) is the closest peer on the explorer end of the spectrum. The company is advancing the IMA Mine Project in Lemhi County, Idaho—a past-producing underground tungsten mine on 22 patented claims that yielded approximately 199,449 mtu of WO3 between 1945 and 1957. American Tungsten is running a multi-rig drilling program to define a modern resource and assess a potential restart of underground operations, pursuing a phased strategy that begins with surface tailings before moving to underground rehabilitation. Like Western Star, its thesis rests on reactivating a high-grade historical asset rather than discovering one from scratch.Across all four, the common thread is the same one driving interest in Western Star: a Western jurisdiction, a defensible supply-chain story, and a buyer base that is increasingly willing—and in defense contexts, legally required—to pay up for non-Chinese tungsten.What to watch from hereFor Western Star specifically, the near-term catalysts now cluster around the permitting and exploration programs running in tandem. The company has said it will provide further updates upon submission of the Plan of Operations and as the NEPA review progresses—so the filing of the FS-2800-5 itself becomes the first concrete milestone to watch, followed by the Forest Service's determination on the appropriate level of environmental review. A streamlined pathway predicated on previously disturbed ground would be a meaningful de-risking event; a more involved review would extend the runway to drilling.Layered on top is the policy calendar. Canada's Critical Mineral Exploration Tax Credit framework, carried in Budget 2025 measures that received Royal Assent on March 26, 2026, offers a 30% credit stacked on top of the existing flow-through deduction structure for qualifying agreements—an increasingly relevant financing lever for tungsten-focused juniors looking to fund drill programs. And the 2027 federal procurement cliff continues to compress the window in which a credible, friendly-jurisdiction tungsten story can establish itself before defense buyers lock in their qualified suppliers.None of this changes the fundamental reality that Rowland remains an early-stage exploration property whose grades are documented in the historical record rather than a modern resource estimate. But the company's decision to put a specialist permitting consultant on the file and open the federal dialogue now—rather than wait—tells investors how Western Star reads the moment: a market where the scarce commodity may end up being not tungsten itself, but the time and permits required to bring Western ounces to surface before the deadline arrives.Stay ahead of the next Rowland milestone — get updates and the full Western Star story here.About Western Star ResourcesWestern Star Resources Inc. is a mineral exploration and development company whose objective is to increase shareholder value through cost-effective exploration, the acquisition of further exploration properties, and partnerships by joint venture or sale with industry leaders. The company's 100%-owned, past-producing Rowland Tungsten Property is located in Elko County, Nevada. The company also owns nine non-surveyed contiguous mineral claims totaling 4,740 hectares in the Revelstoke mining division of British Columbia, located approximately 50 kilometres southeast of Revelstoke, B.C.CONTACTEquity Insider | info @therooster-2873Disclaimer / DisclosureNothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. equity-insider.com is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has previously been paid a fee for Western Star Resources Inc. advertising and digital media from the company directly which has since expired. There may be 3rd parties who may have shares Western Star Resources Inc., and may liquidate their shares which could have a negative effect on the price of the stock. Previous compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ do not own any shares of Western Star Resources Inc. but reserve the right to buy and sell, and will buy and sell shares of Western Star Resources Inc. at any time hereafter without any further notice. We also expect further compensation in the future as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.Certain statements in this article constitute "forward-looking information" within the meaning of applicable securities legislation, including statements regarding permitting timelines, exploration and drilling programs, NEPA review outcomes, and tungsten market conditions. Such statements are subject to risks and uncertainties, including risks associated with exploration activity, regulatory and permitting processes, equipment availability, commodity prices, and other factors. Readers are advised not to place undue reliance on forward-looking information. Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of company disclosures referenced herein.Logo - https://mma.prnewswire.com/media/2840019/5997529/Equity_Insider_Logo.jpg View original content to download multimedia:https://www.prnewswire.com/news-releases/the-metal-china-controls-faces-a-2027-us-deadline--and-a-nevada-mine-just-made-its-move-302787490.htmlSOURCE Equity Insider Original: The Metal China Controls Faces a 2027 U.S. Deadline -- and a Nevada Mine Just Made Its Move

Tungsten's 557% Run Meets a District-Scale Critical-Minerals Story in British ColumbiaMay 26, 2026 10:35 AM
PR Newswire (US) Issued on behalf of GoldHaven Resources Corp.Western governments are scrambling to rebuild non-Chinese tungsten supply as prices break century highs — and a 37,000-hectare project in BC just put itself in the conversationEquity Insider News CommentaryVANCOUVER, BC, May 26, 2026 /PRNewswire/ -- Tungsten has done something almost no other metal has done this decade: ammonium paratungstate (APT) prices have surged roughly 557% since China added tungsten products to its export control list in February 2025, pushing the European benchmark toward US$2,250 per metric ton unit by March 2026[1].  The metal has outpaced gold and copper, and with China still controlling more than 80% of global tungsten production[2], every Western government and defense contractor is suddenly trying to figure out the same thing — where the next non-Chinese supply actually comes from.That question is now driving capital toward GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS), Almonty Industries Inc. (NASDAQ: ALM), Guardian Metal Resources PLC (NYSE American: GMTL), American Tungsten Corp. (OTCQB: TUNGF), and Energy Fuels Inc. (NYSE American: UUUU).The policy backdrop is just as aggressive as the price chart. Canada's enhanced 30% Critical Mineral Exploration Tax Credit was expanded to include tungsten under Bill C-15, which received Royal Assent on March 26, 2026, and applies to flow-through agreements entered into after November 4, 2025 and on or before March 31, 2027.South of the border, the U.S. Department of Defense Federal Acquisition Regulation Supplement (DFARS 252.225-7052) restricts the acquisition of tungsten metal powder and tungsten heavy alloy that has been mined, refined, separated, melted, or produced in China, Russia, Iran, or North Korea, with the full mine-to-finished-material restriction taking effect on January 1, 2027[3]. Capital is moving toward operators with land in friendly jurisdictions, drill-ready targets, and the geology to back it up — not toward concept stage stories five years out.GoldHaven Highlights Strategic Tungsten and Indium Exposure at MagnoOn May 25, 2026, GoldHaven issued a release highlighting the growing strategic significance of tungsten and indium at its district-scale Magno Project in northern British Columbia, situated within the Cassiar District and covering more than 37,000 hectares of ground prospective for carbonate replacement deposit (CRD), skarn, and porphyry mineralization."Global markets are increasingly recognizing the strategic importance of securing Western sources of tungsten and other critical minerals amid growing supply chain concerns," said Rob Birmingham, CEO of GoldHaven. "We believe Magno represents a district-scale critical minerals opportunity combining tungsten-bearing skarn systems, high-grade silver-zinc-lead CRD mineralization, and elevated indium values within one of Canada's premier mining jurisdictions. As we advance airborne geophysics, and 2026 drill targeting, we believe Magno continues to demonstrate the characteristics of a large-scale multi-phase mineralizing system with significant critical minerals potential."The technical case at Magno is built on four data points that matter for tungsten investors. First, multiple tungsten-bearing skarn targets have been identified across the property, with 2025 surface sampling returning values up to 6,550 ppm tungsten. Second, historical drilling and sampling at the Kuhn Zone reportedly returned intervals including 13.0 metres grading 0.55% WO3, 4.0 metres grading 1.32% WO3 and 0.26% MoS2, and 2.5 metres grading 0.95% WO3.Third, elevated indium values of up to 334 ppm have been identified within sphalerite-bearing mineralization — another China-dominated critical mineral with strategic significance for semiconductor and solar applications. Fourth, the project carries broader porphyry copper-molybdenum upside on top of its tungsten and silver-zinc-lead profile.The historical results referenced above were obtained from publicly available BC government assessment reports and have not been independently verified by GoldHaven or the Qualified Person, though management notes the data is being used to define and guide ongoing geological modelling and targeting work. The 2026 program is designed in part to confirm these historical results.With airborne geophysics already underway, GoldHaven is advancing permitting and exploration planning for a 2026 campaign expected to include drill testing across multiple high-priority tungsten-bearing skarn systems, silver-lead-zinc CRD zones, and porphyry copper-molybdenum targets identified across the project. The Magno Project remains at an exploration stage and additional work is required to determine the extent and economic significance of identified mineralization, but the package of attributes — district scale, multiple critical minerals, BC jurisdiction, drill-defined historical zones — fits cleanly into the criteria Western buyers are searching for.A full breakdown of the Magno target package, the 2026 drill plan, and the broader GoldHaven investor story is available here at Equity Insider.In the same release, GoldHaven also announced a one-month digital marketing services agreement with Machai Capital Inc. for an aggregate fee of $200,000 plus GST, payable from working capital and subject to CSE approval. The engagement is restricted to public awareness services and does not include investor relations or market-making.The technical and scientific information has been reviewed and approved by Raymond Wladichuk P.Geo., a non-independent Qualified Person under NI 43-101 and a consultant of the Company.In other industry developments:Almonty Industries Inc. (NASDAQ: ALM) reported first quarter 2026 revenue of US$25.4 million on May 11, 2026 — a 221% year-over-year increase driven by a sharp rise in the spot price of tungsten APT and continued strong operational performance at the Panasqueira Mine in Portugal[4]. The quarter also marked the formal commissioning ceremony at the Sangdong Tungsten Mine in Gangwon Province, South Korea, on March 17, 2026, marking the completion of development and the transition of one of the world's largest and highest-grade tungsten deposits toward commercial operations."Sangdong plays a critical role in efforts by the United States, the European Union and Korea to diversify away from the China-dominated market, which currently supplies more than 80% of the world's tungsten," said Lewis Black, CEO of Almonty. Phase 1 of Sangdong is designed to process approximately 640,000 tonnes of ore annually for roughly 2,300 tonnes of tungsten concentrate, with a planned Phase 2 expansion in 2027 doubling output to roughly 4,600 tonnes per year — enough to potentially supply approximately 40% of global tungsten demand outside China.Guardian Metal Resources PLC (NYSE American: GMTL) provided a Pre-Feasibility Study progress update for its 100%-owned Pilot Mountain tungsten project in Nevada on May 6, 2026. The PFS is being supported by a US$6.2 million U.S. Department of War Defense Production Act Title III investment in Guardian Metal's wholly-owned subsidiary, Golden Metal Resources (USA) LLC[5]. Required drilling for resource evaluation at the Desert Scheelite and Garnet Zones is complete, and a mine Plan of Operations is targeted for submission to the BLM in August 2026."We are very pleased to report strong progress at Pilot Mountain," said Oliver Friesen, CEO of Guardian Metal. The company completed its U.S. listing on the NYSE American on March 20, 2026, giving American investors direct access to one of the largest undeveloped tungsten deposits in the United States. Metallurgical work indicates a flotation circuit producing scheelite concentrate with potential silver and zinc by-products — a profile that, like Magno, brings polymetallic optionality alongside the primary tungsten thesis.For more on how GoldHaven stacks up against the peer set as the Western tungsten thesis builds, see the full investor briefing here at Equity Insider.American Tungsten Corp. (CSE: TUNG) (OTCQB: TUNGF) confirmed high-grade tungsten mineralization from initial Zero Level underground drilling at its IMA Mine in Lemhi County, Idaho on May 5, 2026. Highlight intercepts included 17.8 feet grading 0.435% WO3 and 1.16 oz/t Ag, 3.4 feet grading 1.02% WO3 and 0.84 oz/t Ag, and multiple tungsten-bearing polymetallic veins associated with the Main Ima vein system and a newly identified western vein."These initial underground drilling results from the Zero Level are highly encouraging and validate our approach to revitalizing the Ima Mine," said Ali Haji, CEO of American Tungsten. "Intersecting multiple high-grade tungsten-bearing veins, including both historical and newly identified structures, underscores the significant untapped potential of the property and reinforces our confidence as we advance our Phase 1 exploration program." The IMA Mine is a past-producing underground tungsten property that yielded approximately 199,449 metric ton units of WO3 between 1945 and 1957, with the historical tungsten-silver vein system also identified as containing a silver credit that management expects could help offset future operating costs — putting American Tungsten in the same brownfield, past-producing category as several of the Western tungsten reset candidates.Energy Fuels Inc. (NYSE American: UUUU) reported its first quarter 2026 results on May 6, 2026, marking the leadership transition from longtime CEO Mark Chalmers to newly appointed President and CEO Ross Bhappu. Energy Fuels is positioning itself as a vertically integrated U.S. producer of uranium, rare earth elements, and other critical minerals, with operations spanning the White Mesa Mill in Utah and a growing rare earth processing footprint."My immediate focus is disciplined execution — continuing to align our global teams, advancing development projects with a strong emphasis on schedule certainty and capital efficiency, and strengthening the operational foundation required to support sustained, long-term growth as a vertically integrated critical materials company," said Bhappu. Energy Fuels offers investors a producing-asset window into the broader U.S. critical minerals build-out — the same thematic GoldHaven is now positioning Magno against, just at a different point on the development curve.The thread running through all five names is the same: capital is repricing tungsten and adjacent critical minerals around a single assumption — that Chinese supply cannot be counted on, and that the Western mine pipeline has to be rebuilt from the ground up. Producers like Almonty are already monetizing the price move. PFS-stage operators like Guardian Metal are converting policy support into bankable engineering. Past-producing brownfields like American Tungsten and the broader U.S. tungsten reset are working back into resource definition. And exploration-stage, district-scale projects like GoldHaven's Magno — with tungsten, silver-zinc-lead CRD, indium, and porphyry copper-molybdenum targets across a single 37,000-hectare property — are exactly the kind of land package that fits the Western buyer profile if 2026 drilling validates the historical work.With airborne geophysics already in the air and drill targeting in design, the next twelve months at Magno will tell investors whether GoldHaven turns the policy-supported environment into actual delineation. The tungsten price chart has already made the case — the full GoldHaven story is available here at Equity Insider.CONTINUED… Read this and more news for GoldHaven Resources at: https://equity-insider.com/goh-landing/.CONTACT:
EQUITY INSIDER
Email: info @acblanke1Article Sources:
1. https://www.streetwisereports.com/article/2026/03/24/tungsten-outpaces-gold-and-copper-as-global-supply-tightens.html
2. https://www.mining.com/almonty-starts-operations-at-sangdong-tungsten-mine-in-south-korea/
3. https://www.ecfr.gov/current/title-48/chapter-2/subchapter-H/part-252/subpart-252.2/section-252.225-7052
4. https://finance.yahoo.com/markets/commodities/articles/almonty-industries-reports-first-quarter-220800670.html
5. https://www.accessnewswire.com/newsroom/en/metals-and-mining/guardian-metal-resources-plc-announces-pilot-mountain-pre-feasibility-progress-up-1164124DISCLAIMER:Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has not been paid a fee by GoldHaven Resources Corp. for this article, but it has been paid for other articles for GoldHaven Resources Corp. by Baystreet.ca Media Corp. ("BAY"), and the owner/operator of BAY also owns MIQ, who has been paid by GoldHaven Resources Corp. directly. MIQ has been not been paid for this article. MIQ does not own any shares of GoldHaven Resources Corp. but reserves the right to buy and sell, and will buy and sell shares of GoldHaven Resources Corp. at any time without notice. There may also be 3rd parties who may have shares of GoldHaven Resources Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision.The owner/operator of MIQ/Equity Insider own shares of GoldHaven Resources Corp. which were purchased in the open market, and reserve the right to buy and sell, and will buy and sell shares of GoldHaven Resources Corp. at any time without notice.The information in this publication contains forward-looking statements. Statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be "forward looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as "projects", "foresee", "expects", "will", "anticipates", "estimates", "believes", "understands", or that by statements indicating certain actions "may", "could", or "might" occur. Understand there is no guarantee past performance will be indicative of future results.In preparing this publication, we have relied upon information supplied by various public sources. We believe that such information is reliable; however we cannot guarantee its accuracy and we relied upon and assume no liability for such information. Issued on behalf of GoldHaven Resources Corp. by Equity Insider/MIQ.
SOURCE: https://equity-insider.com/goh-landingLogo: https://mma.prnewswire.com/media/2840019/Equity_Insider_Logo.jpg View original content to download multimedia:https://www.prnewswire.com/news-releases/tungstens-557-run-meets-a-district-scale-critical-minerals-story-in-british-columbia-302781977.htmlSOURCE Equity Insider Original: Tungsten's 557% Run Meets a District-Scale Critical-Minerals Story in British Columbia

Guardian Metal Resources PLC Announces Dr. Mark Thorpe appointed to the BoardMay 21, 2026 2:00 AM
ACCESS NewswireLONDON / ACCESS Newswire / May 21, 2026 / Guardian Metal Resources plc (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF), a strategic exploration company focused on tungsten in Nevada, USA, is pleased to announce that Dr. Mark Thorpe is to be appointed to the Board as an Independent Non-Executive Director, subject to completion of the required AIM due diligence process.Dr. Thorpe brings to Guardian Metal decades of experience as a senior mining executive. He is a sustainability specialist with more than 30 years of experience working for major mining companies, focussed on environmental, permitting and community engagement initiatives, across the global mining sector. His experience covers the entire mine life cycle from greenfield exploration through to mine closure and post-closure management, which makes him well qualified to support Guardian Metal as it advances its Nevada-based tungsten projects through key development phases and into production. He holds a Ph.D. in mine land rehabilitation from the University of Saskatchewan and was the Chair of the Board of Directors of the Canada Mining Innovation Council.Dr. Thorpe is replacing Mr. Mark Burnett, who steps down from his role as Non-Executive Director on 21 May 2026. The Board would like to thank Mark Burnett for his significant contribution as an original director of Guardian Metal and for helping to build the Company from a small private company into a notable dual-listed business in London and New York over the past five years. He steps down to focus on other business interests.J.T. Starzecki, Executive Chairman of Guardian Metal, commented:"Dr. Mark Thorpe's appointment to the Board as Independent Non-Executive Director is an exciting and important step in Guardian Metal's evolution as we look to reshore U.S. mined tungsten supply for the first time in over a decade. Mark is widely recognised as a leader in his field, setting best practice industry standards for global mining companies in responsible mining, environmental, permitting and stakeholder relations. We are delighted to appoint someone of his calibre and welcome his leadership and expertise as we approach important development milestones to deliver on our strategy of establishing our tungsten projects as cornerstones of U.S. tungsten supply."I would like to thank Mark Burnett for his dedicated service and the significant contribution he has made to the Board of Directors and Guardian Metal over the last five years. He is leaving the Company with our best wishes for the future."A further announcement, including regulatory disclosures, will be made in due course.For further information visit www.Guardianmetalresources.com or contact the following:Guardian Metal Resources plcOliver Friesen (CEO)Tel: +44 (0) 20 7583 8304Cairn Financial Advisers LLPNominated AdviserSandy Jamieson/Jo Turner/Louise O'DriscollTel: +44 (0) 20 7213 0880BerenbergJoint Broker and Financial AdviserJennifer Lee/Ivan BriechleTel: +44 (0) 20 3207 7800Tamesis Partners LLPJoint BrokerCharlie Bendon/Richard GreenfieldTel: +44 (0) 20 3882 2868TavistockFinancial PREmily Moss/Josephine ClerkinTel: +44 (0) 7920 3150 /+44 (0) 7788 554035guardianmetal@tavistock.co.ukAbout Guardian Metal ResourcesGuardian Metal Resources PLC (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF) is a strategic mineral exploration company driving the revival of U.S. mined tungsten production and strengthening America's defense metal independence. The Company is advancing two tungsten projects, Pilot Mountain, one of the largest undeveloped tungsten deposits in the U.S. and Tempiute, formerly America's largest producing tungsten operation, both located in Nevada, one of the top-rated mining jurisdictions in the United States.In July 2025, the U.S. Department of War (DoW) under Title III of the Defense Production Act of 1950, as amended, invested U.S. $6.2M in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain PFS. The Company completed a U.S. listing on the NYSE American on March 20, 2026.Tungsten is a strategic metal critical to the defense, energy transition, technology, and industrial sectors. In the context of shifting geopolitical dynamics and tightening Chinese export restrictions, Guardian Metal is well positioned to play a leading role in re-establishing a secure, domestically mined U.S. supply chain for this vital defense metal.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Guardian Metal Resources PLCView the original press release on ACCESS NewswireOriginal: Guardian Metal Resources PLC Announces Dr. Mark Thorpe appointed to the Board

The Innovation Report, Episode Two Preview: Tungsten, Supply Chains, and the Future of Mining Featuring Guardian Metal ResourcesMay 18, 2026 10:57 AM
IH Market News As the world accelerates toward renewable energy, advanced technology, and modern defense systems, one challenge is becoming impossible to ignore: the growing demand for critical minerals. Hidden beneath the surface of everyday life, these resources power everything from electric vehicles and solar panels to smartphones, aircraft, and military infrastructure.This trailer offers a first look into the complex and high-stakes world of critical minerals, focusing on tungsten and featuring Guardian Metal Resources (LSE:GMET)(AMEX:GMTL)(USOTC:GMTLF), one of the most strategically important metals on Earth. Through expert insights and on-the-ground exploration, the film uncovers how global supply chains, geopolitical tensions, and decades of underinvestment have created vulnerabilities that now threaten industries and national security alike.At the same time, the trailer highlights a new generation of mining innovation, where advanced technology, AI, and modern exploration methods are reshaping how nations search for and secure the resources needed for the future. It is a story about geology, technology, economics, and global competition, and why the race for critical minerals may define the next era of industrial and geopolitical power.Episode Two will be available on the 26th of May on the following Link – https://invest.investorshub.com/innovationreport/ Original: The Innovation Report, Episode Two Preview: Tungsten, Supply Chains, and the Future of Mining Featuring Guardian Metal Resources

Guardian Metal Resources PLC Announces Tempiute Historical Mine Tailings UpdateMay 13, 2026 2:00 AM
ACCESS NewswireLONDON / ACCESS Newswire / May 13, 2026 / Guardian Metal Resources PLC (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF), a strategic mineral exploration company focused on tungsten in Nevada, USA, is pleased to announce an update relating to historical mine tailings present at the Company's Tempiute Tungsten Project ("Tempiute" or the "Project") located in south-central Nevada less than 250 miles (402 km) southeast of the Company's Pilot Mountain Tungsten Project. Tempiute, formerly known as the Emerson Tungsten Mine, is a significant past producing tungsten mine, which was originally discovered in 1916 and most recently operated during the 1980s. The Company is evaluating near-term resource and tungsten production opportunities across the extensive former producing mine, with the identification of tailings from decades of historical production adding a compelling new dimension to the Project.As a critical defense metal, tungsten has been designated as a strategic priority by the U.S. government. Guardian Metal's mission is to establish its co-flagship tungsten projects as the cornerstone of U.S. mined tungsten supply, directly supporting national efforts to re-establish domestic production. This is intended to help the U.S. reduce reliance on foreign supply chains, strengthen economic and defense security, and deliver long-term value for shareholders.Oliver Friesen, CEO of Guardian Metal, commented:"Tempiute has a long and well-documented tungsten production history, and we believe the historical tailings represent a unique opportunity warranting further investigation, one that could provide near-term support to the U.S. tungsten supply chain alongside a meaningful reclamation outcome. Our initial assessment has confirmed the presence of tungsten across a substantial surface footprint. As a result we are advancing towards an auger drilling program which will help us better understand the characteristics of the material subsurface."With tungsten recognised as a critical defense metal and domestic supply a priority for the U.S. government, this work is very timely. Furthermore we are encouraged by the results of our investigations to date."HIGHLIGHTS Guardian Metal is evaluating the potential of recovering tungsten and other metals from the historic tailings at Tempiute, with a view to provide an opportunity for near-term, domestically sourced tungsten in the U.S. Through detailed mapping and sampling, the surface area footprint of historical tungsten-enriched mine tailings at Tempiute (the "Tempiute Tailings") has been determined to cover approximately 550 acres (2.23 km²). As a result, Guardian Metal has expanded its mineral rights position significantly, staking 193 claims and increasing its overall Tempiute footprint by over 375% to secure what the Company strongly believes to be the full extent of the Tempiute Tailings. This expansion runs parallel to the Company's appropriate environmental inquiry. An auger drilling program is planned to commence in June 2026, subject to receipt of required permits, and will enable characterization of the tailings material and surrounding soils for environmental evaluation and assessment of the tungsten resource potential. The combination of modern recovery methods and elevated tungsten prices makes this an increasingly compelling near-term domestic tungsten supply opportunity, while also offering a meaningful reclamation outcome. Previously milled material sitting at surface, combined with existing on-site infrastructure, means the cost and development timeline of a reprocessing operation could compare favourably to a conventional tungsten mining project, subject to confirmation of sufficient tailings tonnage and grade.BackgroundTo determine the economic and environmental remediation potential of historical mine tailings at Tempiute, the Company undertook a detailed mapping and sampling program across the entire historical mine tailings area.Evaluation of publicly available production records, dating back to the 1930s, was correlated with satellite imagery, spectral analysis, and ground mapping to identify the tailings footprint extending down slope from the Tempiute mine. Follow up ground investigation and surface sampling delineated a large tungsten-enriched zone and confirmed the extent of the historical mine tailings area to cover a surface footprint of approximately 550 acres (2.23 km²). Sampling also provided an initial characterisation of the material, verifying the presence of tungsten and other metals.As a result, Guardian Metal expanded its mineral rights position significantly, staking 193 mining claims and increasing the overall Tempiute Project footprint by over 375%, to secure what the Company believes to be the full extent of the historical tailings.Subject to receipt of the required permits, an auger drilling program is planned to commence in June 2026 to characterise the tailings material and surrounding soils for environmental evaluation and resource potential. This work will advance the Company's environmental inquiry and enable determination of the potential for a tungsten resource.Next StepsThe Company has submitted a Notice to the Bureau of Land Management and the Nevada Division of Environmental Protection for the proposed auger drilling program. Subject to approval, the auger drilling program is targeted to commence in June 2026 and is expected to take approximately three months to complete. The program is designed to allow the Company to make all appropriate inquiries regarding current environmental conditions on site, while estimating the total volume and grade of tungsten and base/precious-metal bearing material present.In parallel, an independent metallurgical study will be completed to determine the most effective method of recovering tungsten and other metals from the tailings, with results expected in the coming months. This study will also characterize the geochemistry of the tailings post tungsten recovery to inform the final reclamation design of the site.This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018). The Directors of the Company are responsible for this announcement.Forward Looking StatementsThis 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, including general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, potential delays or changes in plans, uncertainties resulting from operating in a new political jurisdiction, uncertainties regarding the results of exploration, the timing and granting of prospecting rights, the timing and granting of regulatory and other third party consents and approvals, Guardian Metal's or any third party's ability to execute and implement future plans, and the occurrence of unexpected events.Forward-looking statements are subject to risks and uncertainties, including those described in the Company's filings with the U.S. Securities and Exchange Commission. Guardian Metal undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.This announcement does not purport to be full or complete. No reliance may or should be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The information in this announcement is subject to change.For further information visit www.Guardianmetalresources.com or contact the following:Guardian Metal Resources plcOliver Friesen (CEO)Tel: +44 (0) 20 7583 8304Cairn Financial Advisers LLPNominated AdviserSandy Jamieson/Jo Turner/Louise O'DriscollTel: +44 (0) 20 7213 0880BerenbergJoint Broker and Financial AdviserJennifer Lee/Ivan BriechleTel: +44 (0) 20 3207 7800Tamesis Partners LLPJoint BrokerCharlie Bendon/Richard GreenfieldTel: +44 (0) 20 3882 2868TavistockFinancial PREmily Moss/Josephine ClerkinTel: +44 (0) 7920 3150 /+44 (0) 7788 554035guardianmetal@tavistock.co.ukAbout Guardian Metal ResourcesGuardian Metal Resources PLC (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF) is a strategic mineral exploration company driving the revival of U.S. mined tungsten production and strengthening America's defense metal independence. The Company is advancing two co-flagship tungsten projects, Pilot Mountain, one of the largest undeveloped tungsten deposits in the U.S. and Tempiute, formerly America's largest producing tungsten operation, both located in Nevada, one of the top-rated mining jurisdictions in the United States.In July 2025, the U.S. Department of War (DoW) under Title III of the Defense Production Act of 1950, as amended, invested U.S. $6.2M in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain PFS. The Company completed a U.S. listing on the NYSE American on March 20, 2026.Tungsten is a strategic metal critical to the defense, energy transition, technology, and industrial sectors. In the context of shifting geopolitical dynamics and tightening Chinese export restrictions, Guardian Metal is well positioned to play a leading role in re-establishing a secure, domestically mined U.S. supply chain for this vital defense metal.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Guardian Metal Resources PLCView the original press release on ACCESS NewswireOriginal: Guardian Metal Resources PLC Announces Tempiute Historical Mine Tailings Update

Launching The Innovation Report: The Quantum Revolution.May 11, 2026 1:33 AM
IH Market News Last Friday at The Groucho Club in London, we officially launched The Innovation Report, a new documentary series exploring the technologies, industries, and companies shaping the future global economy.The launch event brought together investors, founders, executives, media professionals, and innovators for an evening of discussion focused on the future of technology, strategic resources, and global markets. Seeing such a diverse group from across the investment and innovation ecosystem come together was a significant moment for our team and reflected the growing momentum behind these emerging sectors.The evening marked the premiere of our first episode, The Quantum Revolution, featuring Delta Gold Technologies (AQSE:DGQ)(USOTC:DGQTF), now released across the ADVFN global network, including HotCopper, Stockhouse, and InvestorsHub. In this episode, we explore the rapidly advancing field of quantum technologies and examine how breakthroughs in advanced computing and materials science could reshape industries over the next decade. Quantum technology is steadily transitioning from theoretical research into real-world commercial application, and we believe it represents one of the most significant technological shifts of our time.However, The Innovation Report is not solely focused on technology.The series is designed to connect the broader relationship between innovation, capital markets, industrial transformation, and the strategic resources required to support future growth. This theme continues in our upcoming second episode, which focuses on the critical minerals sector and features Guardian Metal Resources (LSE:GMET) (AMEX:GMTL) (USOTC:GMTLF) As demand continues to rise for electric vehicles, defence technologies, semiconductors, and renewable energy infrastructure, critical minerals are becoming increasingly central to global supply chains and national security strategies. This episode will explore both the opportunities and challenges facing the sector, as well as the companies helping to drive its development.Launching The Innovation Report at The Groucho Club was a fitting way to begin this journey—bringing together conversations around innovation, investment, and the future in one room. This is only the beginning, and we look forward to continuing to build a documentary series that highlights the people, ideas, and industries defining the next era of global growth. To view the first episode visit – https://invest.investorshub.com/innovationreport Original: Launching The Innovation Report: The Quantum Revolution.

America’s Tungsten Wake-Up Call: Guardian Metal Resources Targets a Critical Supply Chain GapMay 7, 2026 6:30 AM
IH Market News For years, tungsten has operated quietly in the background of the global economy, essential to defense systems, aerospace engineering, industrial manufacturing, and advanced technologies, yet rarely discussed outside specialist circles.That is changing fast.As the United States intensifies efforts to secure domestic critical mineral supply chains, tungsten is emerging as one of the most strategically important metals in the market today. And Guardian Metal Resources (AMEX:GMTL) (USOTC:GMTLF) (LSE:GMET) is positioning itself to become a major part of that story.In a recent interview on Capital Compass, CEO Oliver Friesen laid out the company’s vision for building a US-based tungsten production platform centered around two key Nevada projects: Pilot Mountain and Tempiute.Speaking with host Ricki Lee, Friesen described tungsten as one of the most critical metals in today’s geopolitical environment, particularly as concerns grow around America’s reliance on foreign-controlled supply.A Strategic Metal the US Can’t IgnoreTungsten’s importance comes down to both performance and security.The metal is prized for its exceptional hardness, density, and heat resistance, making it essential in military equipment, aerospace components, industrial cutting tools, electronics, and emerging advanced technologies.But despite its strategic value, global supply remains highly concentrated.According to Friesen, roughly 90% of the world’s tungsten supply currently comes from China, Russia, and North Korea,  a reality that has created significant concern across Washington and the broader defense industrial base.At a time when the US is actively working to reduce dependence on overseas critical minerals, tungsten is increasingly being viewed as a national security priority.“It’s a metal that we have not invested in for many decades because of Chinese dominance,” Friesen explained. “Guardian is looking to change that.”Rebuilding Domestic Tungsten ProductionGuardian Metal Resources believes it has an opportunity to help restore American tungsten production through its Nevada asset portfolio.Its flagship Pilot Mountain project is considered one of the largest undeveloped tungsten resources in the United States and carries historic significance as a past-producing mine that supported the US during World War II.Located in Nevada, one of the world’s leading mining jurisdictions, the project combines scale, infrastructure, and favourable permitting conditions in a state with deep mining expertise.Friesen said the company believes Pilot Mountain could become the next major tungsten producer in the country, with production potentially beginning before the end of 2028.The project has already attracted strategic support tied to the US defense industrial base, including a U.S. $6.2 million investment from the Department of War DPA III office.That backing reflects the growing urgency around securing reliable domestic sources of critical materials.Nevada at the Center of America’s Critical Minerals PushGuardian’s broader strategy extends beyond a single mine.The company also controls the Tempiute tungsten project, formerly one of the largest active tungsten mines in the United States during the 1980s.The mine ultimately closed after China flooded the global market with lower-cost supply, a pattern that reshaped the industry for decades.Now, with supply chain resilience becoming a central issue for policymakers and manufacturers alike, Guardian sees an opportunity to bring both projects back into production as part of a broader American mining resurgence.Friesen emphasized that Nevada provides a major competitive advantage.“There was no better place to be than Nevada,” he said, pointing to the state’s mining-friendly environment, established infrastructure, and experienced workforce.The company also believes growing federal support for domestic critical minerals development could help accelerate project advancement.Building an American Tungsten Supply ChainPartnerships are another key pillar of Guardian’s strategy.The company has signed a non-binding offtake LOI with Global Tungsten & Powders, which operates the largest tungsten processing facility outside China in Towanda, Pennsylvania.The goal is to help establish a fully integrated “mined and processed in America” tungsten supply chain capable of supporting both private industry and national defense needs.Friesen stressed that Guardian wants to work alongside US-based partners throughout the value chain, from mining and processing through to finished tungsten products.Positioned for a Long-Term OpportunityAs Washington continues prioritizing domestic manufacturing, defense readiness, and critical mineral independence, tungsten appears increasingly likely to become a major strategic focus.For investors, Guardian Metal Resources offers exposure to a sector benefiting from strong geopolitical tailwinds, growing government attention, and rising awareness around supply chain vulnerabilities.With two advanced Nevada projects, access to US capital markets through its New York Stock Exchange listing, and growing strategic visibility, Guardian is aiming to position itself as a future cornerstone of America’s domestic tungsten industry.If current trends continue, tungsten may no longer remain one of the market’s overlooked metals, and companies capable of delivering secure American supply could become increasingly important in the years ahead.For more information visit – https://guardianmetalresources.com/ Original: America’s Tungsten Wake-Up Call: Guardian Metal Resources Targets a Critical Supply Chain Gap

Guardian Metal Resources PLC Announces Pilot Mountain Pre-Feasibility Progress UpdateMay 6, 2026 2:00 AM
ACCESS NewswireLONDON, UK / ACCESS Newswire / May 6, 2026 / Guardian Metal Resources PLC (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF), a strategic exploration company focused on tungsten in Nevada, USA, is pleased to provide a Pre-Feasibility Study ("PFS") progress update on its 100%-owned Pilot Mountain tungsten project ("Pilot Mountain" or the "Project") located in Nevada, USA. The Company reports strong progress across all key PFS workstreams which are progressing as planned.The PFS is being supported by a U.S. Department of War $6.2m Defense Production Act Title III investment1 in Guardian Metal's wholly-owned subsidiary, Golden Metal Resources (USA) LLC, and is led by Guardian Metal's in-house team in collaboration with Samuel Engineering Inc., and a group of specialist engineering and environmental firms.Oliver Friesen, CEO of Guardian Metal, commented:"We are very pleased to report strong progress at Pilot Mountain. Key PFS workstreams are advancing very well, and upon completion, the Company will move swiftly into both the mine permitting phase and commence workstreams to support the Definitive Feasibility Study, marking the next significant step in the Project's development."Alongside the strong engineering progress presented herein, encouraging visual results from the Garnet Zone, Desert Scheelite Zone (East), and the commencement of drilling at the Good Hope Zone continue to support the Project's largely unrealised exploration potential."Guardian Metal continues to make the progress required to deliver the first new hard-rock mined source of tungsten on U.S. soil in more than a decade."PFS Highlights: Resource Evaluation Update: All drilling required to support the ongoing resource evaluation work at the Desert Scheelite and Garnet Zones has been completed. The final PFS results are expected to include the outcomes of the ongoing resource evaluation workstreams from both of these target zones. Mine Planning: The Project is currently being evaluated as a conventional open-pit operation, sourcing feed from both the Desert Scheelite and Garnet Zones. Mine design and optimisation are advancing in line with the planned PFS schedule. Permitting: The mine Plan of Operations, which will initiate the National Environmental Policy Act process upon submission to the Bureau of Land Management, is being drafted and developed in parallel with the PFS and is currently targeted for submission in August 2026. Metallurgy: Flowsheet development is well advanced, with preliminary test work results to date suggestive of a conventional flotation circuit capable of producing a scheelite concentrate. Workstreams relating to potential by-product recovery of silver and/or zinc are ongoing and also progressing well. Engineering: Siting studies are complete and the engineering team is advancing plant layout design, open-pit mine plans, and site infrastructure layouts. The process plant is currently expected to comprise a conventional flotation facility, with onsite temporary power generation currently expected for initial operations, with grid connection to follow thereafter. Hydrogeology: Phase I drilling and monitoring well installation is complete. Phase II, which includes additional monitoring wells, piezometers and a production well, has commenced and will provide the groundwater modelling data required for mine permitting.Exploration Update Garnet Zone: Infill drilling at the Garnet Zone is complete. Several drillholes returned encouraging visual intersections of scheelite mineralisation, consistent with the style of tungsten mineralisation typically encountered at the Desert Scheelite Zone. Resource evaluation work is ongoing. Good Hope Zone: Initial holes GH26-01 and GH26-02 at the Good Hope target have been completed which returned encouraging visual scheelite mineralised intersections. Analytical results are pending. Gunmetal Zone: Several drill sites are now permitted and drill pad preparation is nearing completion. Drilling is expected to begin before the end of June 2026, marking Guardian Metal's first ever drilling at this target zone, an area being evaluated for additional tungsten resources. Desert Scheelite Zone (East): The eastern strike extension of Desert Scheelite is under investigation through ongoing exploration and condemnation drilling. In particular, PMR26-077 was collared approximately 300m east of the expected eastern open-pit limit, and intersected visual scheelite mineralisation. Additional drillholes are planned in the short term to further evaluate this target area. The main Desert Scheelite deposit remains open to the east, west and down dip, with further exploration drilling targeting these areas expected throughout Q2 and Q3 2026. Comprehensive Exploration Update: The Company intends to publish a comprehensive exploration update following PFS completion, incorporating results from all active target areas which is expected to demonstrate the continued potential for resource growth across the broader Pilot Mountain land package.ReferencesCompany announcement, U.S. Department of Defense Awards $6.2M to Golden Metal Resources for the Pilot Mountain Project, dated 23 July 2025
( https://polaris.brighterir.com/public/guardian_metal_resources/news/rns/story/wvm0n3w )COMPETENT PERSON STATEMENTThe technical information contained in this disclosure has been read and approved by Mr Nick O'Reilly (MSc, DIC, MIMMM QMR, MAusIMM, FGS), who is a qualified geologist and acts as the Competent Person under the AIM Rules - Note for Mining and Oil & Gas Companies. Mr O'Reilly is a Principal consultant working for Mining Analyst Consulting Ltd which has been retained by Guardian Metal Resources plc to provide technical support.This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the European Union (Withdrawal) Act 2018). The Directors of the Company are responsible for this announcement.Forward Looking StatementsThis 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, including general economic, market and business conditions, competition for qualified staff, the regulatory process and actions, technical issues, new legislation, potential delays or changes in plans, uncertainties resulting from operating in a new political jurisdiction, uncertainties regarding the results of exploration, the timing and granting of prospecting rights, the timing and granting of regulatory and other third party consents and approvals, Guardian Metal's or any third party's ability to execute and implement future plans, and the occurrence of unexpected events.Forward-looking statements are subject to risks and uncertainties, including those described in the Company's filings with the U.S. Securities and Exchange Commission. Guardian Metal undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.This announcement does not purport to be full or complete. No reliance may or should be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The information in this announcement is subject to change.For further information visit www.Guardianmetalresources.com or contact the following:Guardian Metal Resources plcOliver Friesen (CEO)Tel: +44 (0) 20 7583 8304Cairn Financial Advisers LLPNominated AdviserSandy Jamieson/Jo Turner/Louise O'DriscollTel: +44 (0) 20 7213 0880BerenbergJoint Broker and Financial AdviserJennifer Lee/Ivan BriechleTel: +44 (0) 20 3207 7800Tamesis Partners LLPJoint BrokerCharlie Bendon/Richard GreenfieldTel: +44 (0) 20 3882 2868TavistockFinancial PREmily Moss/Josephine ClerkinTel: +44 (0) 7920 3150 /+44 (0) 7788 554035guardianmetal@tavistock.co.ukAbout Guardian Metal ResourcesGuardian Metal Resources PLC (NYSE.A:GMTL)(LON:GMET)(OTCQB:GMTLF) is a strategic mineral exploration company driving the revival of U.S. mined tungsten production and strengthening America's defense metal independence. The Company is advancing two co-flagship tungsten projects, Pilot Mountain, one of the largest undeveloped tungsten deposits in the U.S. and Tempiute, formerly America's largest producing tungsten operation, both located in Nevada, one of the top-rated mining jurisdictions in the United States.In July 2025, the U.S. Department of War (DoW) under Title III of the Defense Production Act of 1950, as amended, invested U.S. $6.2M in Golden Metal Resources (USA) LLC, a wholly-owned subsidiary of Guardian Metal Resources PLC, to support the Pilot Mountain PFS. The Company completed a U.S. listing on the NYSE American on March 20, 2026.Tungsten is a strategic metal critical to the defense, energy transition, technology, and industrial sectors. In the context of shifting geopolitical dynamics and tightening Chinese export restrictions, Guardian Metal is well positioned to play a leading role in re-establishing a secure, domestically mined U.S. supply chain for this vital defense metal.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Guardian Metal Resources PLCView the original press release on ACCESS NewswireOriginal: Guardian Metal Resources PLC Announces Pilot Mountain Pre-Feasibility Progress Update

Guardian Metal Resources PLC Announces Total Voting RightsApril 30, 2026 7:45 AM
ACCESS NewswireLONDON, UK / ACCESS Newswire / April 30, 2026 / In accordance with the Financial Conduct Authority's ("FCA") Disclosure and Transparency Rules, the Company hereby announces that as at 30 April 2026 there were 194,307,981 ordinary shares of £0.01 each in issue, none of which are held in treasury. Therefore, the total number of voting rights in the Company is 194,307,981.The above figure of 194,307,981 may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.The Directors of the Company are responsible for the release of this announcement.For further information in the United States contact the following:Edelman SmithfieldFinancial PR in the United Statesguardianmetal@edelmansmithfield.comFor further information in the United Kingdom contact the following:Guardian Metal Resources plcOliver Friesen (CEO)Tel: +44 (0) 20 7078 8496Cairn Financial Advisers LLPNominated AdviserSandy Jamieson/Jo Turner/Louise O'DriscollTel: +44 (0) 20 7213 0880BerenbergJoint Broker and Financial AdviserJennifer Lee/Ivan BriechleTel: +44 (0) 20 3207 7800Tamesis Partners LLPJoint BrokerCharlie Bendon/Richard GreenfieldTel: +44 (0) 20 3882 2868TavistockFinancial PR in the UKEmily Moss/Josephine ClerkinTel: +44 (0) 7920 3150 /+44 (0) 7788 554035guardianmetal@tavistock.co.ukAbout Guardian Metal ResourcesGuardian Metal Resources PLC (LON:GMET)(OTCQB:GMTLF)(NYSE A:GMTL) is a U.S.-focused exploration-stage company focused on tungsten in Nevada, United States. Its principal tungsten asset is the Pilot Mountain project, followed by the Tempiute project, which are both situated in historic tungsten districts with well-known occurrences of mineralization that have seen prior tungsten mining activity by third parties.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.SOURCE: Guardian Metal Resources PLCView the original press release on ACCESS NewswireOriginal: Guardian Metal Resources PLC Announces Total Voting Rights

$GMTLF: Another Rare Earther that has been Surging.

Compared to $TLOFF it is way more expenseive but its in the Tungsten space.

$TLOFF is in the NICKEL space.


$GMTLF now at $1.70.............. nice 2yr runner


GO $GMTLF

GMTLF HUGE TRUMP DEFENCE METALS PLAY..ANTIMONY AND TUNGSTON...CHINA AND RUSSIAN HOLD THE WORLDS SUPPLY OF THESE TWO METALS WHICH ARE METALS USED IN MILITARY APPLICATIONS