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Guardian Metal Resources PLC Announces Pilot Mountain PFS Update & Investor Presentation

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Guardian Metal Resources (NYSE.A:GMTL) will publish its Pilot Mountain Tungsten Project Pre-Feasibility Study results on 30 June 2026. The Study is supported by a $6.2m Defense Production Act Title III investment from the U.S. Department of War.

A live investor presentation via 6ix is scheduled for 01 July 2026 at 11:00 ET / 16:00 BST to discuss the PFS results, project next steps, and company outlook.

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AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

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News Market Reaction – GMTL

+2.23%
4 alerts
+2.23% News Effect
+2.7% Peak Tracked
+$13M Valuation Impact
$616.34M Market Cap
0.1x Rel. Volume

On the day this news was published, GMTL gained 2.23%, reflecting a moderate positive market reaction. Argus tracked a peak move of +2.7% during that session. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $13M to the company's valuation, bringing the market cap to $616.34M at that time.

Data tracked by StockTitan Argus on the day of publication.

What This Means

This announcement sets a firm timetable for the Pilot Mountain PFS release and a follow-on investor ...
Analysis

This announcement sets a firm timetable for the Pilot Mountain PFS release and a follow-on investor presentation, underpinned by a $6.2m Defense Production Act investment. Investors may watch how the PFS defines project economics and development pathways.

Key Figures

DPA Title III investment: $6.2m PFS publication date: 30 June 2026 Investor presentation date: 01 July 2026 +3 more
6 metrics
DPA Title III investment $6.2m U.S. Department of War Defense Production Act Title III support for Pilot Mountain PFS
PFS publication date 30 June 2026 Scheduled release date for Pilot Mountain Pre-Feasibility Study results
Investor presentation date 01 July 2026 Live investor presentation via 6ix to discuss PFS and outlook
Presentation time (ET) 11:00 ET Start time for investor presentation on 01 July 2026
Presentation time (BST) 16:00 BST Start time for investor presentation on 01 July 2026
New US tungsten operation gap over 15 years Target to develop first new domestically mined U.S. tungsten operation in this period

Historical Context

5 past events · Latest: Jun 22 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 22 Major holding update Neutral +5.0% TR-1 disclosure of Purebond Limited crossing key voting rights threshold.
Jun 17 Asset acquisition Positive -4.8% Lincoln Estates land and water rights acquisition near Tempiute tungsten project.
Jun 11 Board change Positive +7.7% Appointment of Dr Mark Bramley Thorpe as independent non-executive director.
Jun 04 Exploration update Positive -5.8% Discovery of Tremor Zone tungsten-skarn body at Pilot Mountain in Nevada.
Jun 02 Option exercise Neutral +2.6% Exercise of options over 500,000 new ordinary shares raising £70,000.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent GMTL news has produced mixed reactions, with technical/project updates sometimes selling off while governance and capital structure items often trade positively.

Regulatory & Risk Context

Short Interest: 0.7%
Short Interest
0.7% of float
0% 15% 30%+
low as of 2026-05-29 Days to cover: 1.51

Reported short interest is relatively low, suggesting limited short-squeeze potential and a lower likelihood of extreme price swings driven purely by short covering.

Key Terms

pre-feasibility study, defense production act title iii
2 terms
pre-feasibility study technical
"will publish the results of its Pre-Feasibility Study ("PFS" or the "Study") for the Pilot"
A pre-feasibility study is an initial assessment that evaluates whether a proposed project or investment idea is worth exploring further. It involves examining basic factors like costs, potential benefits, and possible challenges, similar to conducting a preliminary check before deciding to invest more time and resources. This helps investors determine if pursuing the project further is practical and likely to be successful.
defense production act title iii regulatory
"supported by a U.S. Department of War $6.2m Defense Production Act Title III Investment1 in"
A portion of U.S. law that lets the government financially support and speed up domestic production of critical materials, equipment, and supply chains by providing loans, purchases, contracts or incentives to private companies. Think of the government stepping in as a big customer or lender to help a factory scale up quickly; for investors, this can create sudden revenue opportunities, reduce supply risks for key industries, and change a company’s growth and valuation prospects.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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LONDON, 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 Statements

This announcement contains forward-looking statements relating to expected or anticipated future events and anticipated results that are forward-looking in nature, and, as a result, are subject to certain risks and uncertainties, 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 plc

Oliver Friesen (CEO)

Tel: +44 (0) 20 7583 8304

info@guardianmetalresources.com

Cairn Financial Advisers LLP

Nominated Adviser

Sandy Jamieson/Jo Turner/Louise O'Driscoll

Tel: +44 (0) 20 7213 0880

Berenberg

Joint Broker and Financial Adviser

Jennifer Lee/Ivan Briechle

Tel: +44 (0) 20 3207 7800

Tamesis Partners LLP

Joint Broker

Charlie Bendon/Richard Greenfield

Tel: +44 (0) 20 3882 2868

Tavistock

Financial PR in the UK

Emily Moss/Josephine Clerkin

Tel: +44 (0) 7920 3150 /

+44 (0) 7788 554035

guardianmetal@tavistock.co.uk

Edelman Smithfield

Financial PR in the US

guardianmetal@edelmansmithfield.com

About Guardian Metal Resources

Guardian 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 PLC



View the original press release on ACCESS Newswire

FAQ

When will Guardian Metal Resources (GMTL) release the Pilot Mountain PFS results?

Guardian Metal Resources plans to release the Pilot Mountain tungsten project Pre-Feasibility Study results on 30 June 2026. According to Guardian Metal, this will mark a key development milestone for the Nevada project and support its broader U.S. tungsten strategy.

What is the date and time of Guardian Metal Resources’ 6ix investor presentation on the Pilot Mountain PFS?

Guardian Metal Resources will host a live 6ix investor presentation on 01 July 2026 at 11:00 ET / 16:00 BST. According to Guardian Metal, the event will review PFS results, outline next steps for Pilot Mountain, and discuss the company’s outlook.

How is the Pilot Mountain PFS for Guardian Metal Resources (GMTL) being funded and who is involved?

The Pilot Mountain PFS is supported by a U.S. Department of War $6.2m Defense Production Act Title III investment. According to Guardian Metal, the Study is led in-house with Samuel Engineering and specialist engineering and environmental firms collaborating on technical work.

How can investors register for Guardian Metal Resources’ July 2026 Pilot Mountain PFS presentation?

Investors can sign up to 6ix for free and register for Guardian Metal Resources’ presentation via the provided event link. According to Guardian Metal, questions may be submitted in advance through the registration form or asked live during the event.

Why is the Pilot Mountain Pre-Feasibility Study important for Guardian Metal Resources shareholders?

The Pilot Mountain PFS is described as a significant development milestone for the tungsten project. According to Guardian Metal, it supports the strategy to develop what could become the first new domestically mined U.S. tungsten operation in over 15 years, subject to future steps.