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Guardian Metal (NYSE.A: GMTL) secures Lincoln Estates land and water rights near Tempiute

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Guardian Metal Resources PLC has acquired Lincoln Estates Group LLC in Nevada, securing 841 acres of mixed-use land and 2,540 acre-feet per year of water rights. The property lies less than 10 miles from the Tempiute Tungsten Project and has direct access from Highway 375.

The purchase, completed through a wholly owned U.S. subsidiary, totals US$1.3 million in cash. Management describes the deal as a key step in de-risking and advancing Tempiute by combining newly acquired water and land rights with existing site infrastructure to support future exploration and potential redevelopment.

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Insights

Small cash deal secures critical land and water for Tempiute.

Guardian Metal Resources is buying Lincoln Estates for US$1.3 million, adding 841 acres and 2,540 acre-feet per year of water rights near its Tempiute Tungsten Project. Proximity and direct highway access strengthen logistical and permitting fundamentals around a potential future mine.

The company highlights this as a de-risking milestone, since water access can be a bottleneck for mine development in arid regions. However, the announcement also stresses that there is no assurance these rights will ultimately support a mining operation or that Tempiute will proceed to development or production.

Investors may focus on how these assets integrate with ongoing Tempiute workstreams, including resource-focused drilling described in the update. Subsequent technical studies and regulatory milestones at Tempiute and Pilot Mountain will be important to gauge whether this modest acquisition translates into higher project value.

Purchase price US$1.3 million Total cash consideration for 100% of Lincoln Estates
Water rights volume 2,540 acre-feet per annum Annual water rights across three permits banked with Lincoln County Water District
Land acquired 841 acres Real property rights zoned for mixed use, commercial, industrial, and single family
Distance to Tempiute Less than 10 miles Proximity of Lincoln Estates to Tempiute Tungsten Project in Nevada
Distance Tempiute to Pilot Mountain Less than 250 miles (402 km) Separation between the two tungsten projects in Nevada
acre-feet financial
"2,540 acre-feet of annual water rights."
An acre-foot is a unit of water volume equal to enough water to cover one acre of land to a depth of one foot, roughly 325,851 gallons (about 1,233 cubic meters). Investors see it as a practical measure for valuing water assets, rights, reservoirs and the revenue of utilities or agricultural operations—think of it like counting barrels of oil but for water supply and demand.
water rights financial
"2,540 acre-feet per annum of water rights across three permits"
Water rights are legal entitlements that allow a person or company to withdraw, use, or store water from a river, aquifer, lake or other source. For investors they matter because these rights are assets that affect a business’s ability to operate, expand or sell — like owning a reserved parking spot or deed for a piece of land that guarantees access to a needed resource. Limits, permits and local rules can change value and risk.
forward-looking statements regulatory
"This announcement contains forward-looking statements relating to expected or anticipated future events"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Defense Production Act of 1950 regulatory
"under Title III of the Defense Production Act of 1950, as amended, invested US$6"
A U.S. law that gives the president temporary authority to direct industrial production, prioritize and allocate materials, and speed up manufacturing for national defense needs. For investors it matters because the law can shift demand and revenue quickly by steering government contracts and supply chains toward certain companies or industries, much like a coach reallocating players to meet an urgent game plan, which can boost some firms while disrupting others.
pre-feasibility study financial
"to support the Pilot Mountain PFS."
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.
strategic mineral exploration company financial
"a strategic mineral exploration company focused on tungsten in Nevada, USA"
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 6-K
 
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934
 
 
17 June, 2026
Commission File Number 001-43199
 
 
Guardian Metal Resources PLC
c/o Orana Corporate LLP
25 Eccleston Place
London SW1W 9NF
United Kingdom
(Address of principal executive offices)
 
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
 
Form 20-F
Form 40-F
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ___
 
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ____
 
 
 
 
Guardian Metal Resources PLC
 
On 17 June, 2026, Guardian Metal Resources PLC issued a press release titled “Acquisition of Lincoln Estates & Water Rights.”
 
A copy of the press release is attached hereto as Exhibit 99.1.
 
 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf by the undersigned, thereunto duly authorized.
 
 
Guardian Metal Resources PLC
(Registrant)
 
 
 
 
Date: 17 June, 2026
 
By: /s/ Oliver Friesen
 
 
 
Name: Oliver Friesen
 
 
 
Title: Chief Executive Officer
 
 
 
 
Exhibit Index
 
Exhibit
Description of Exhibit
99.1
Acquisition of Lincoln Estates & Water Rights dated 17 June, 2026.
 

17 June 2026
 
Guardian Metal Resources plc
 
('Guardian Metal' or the 'Company')
 
Acquisition of Lincoln Estates & Water Rights
 
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 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.
 


FAQ

What did Guardian Metal Resources (GMTL) acquire in the Lincoln Estates transaction?

Guardian Metal Resources acquired Lincoln Estates Group LLC, adding 841 acres of mixed-use land and 2,540 acre-feet per year of water rights in Nevada. These assets lie close to the Tempiute Tungsten Project, supporting future exploration and potential project development activities.

How much did Guardian Metal Resources (GMTL) pay for Lincoln Estates?

The company agreed to a total purchase price of US$1.3 million for 100% ownership of Lincoln Estates. The consideration is payable in cash and was completed through Golden Metal Resources, LLC, a wholly owned U.S. subsidiary of Guardian Metal Resources PLC.

Why is the Lincoln Estates acquisition important for Guardian Metal’s Tempiute project?

Management states the acquisition materially supports Tempiute by securing nearby land and substantial water rights. Combined with existing on-site infrastructure, these rights are described as a key de-risking milestone as multiple workstreams, including resource-focused drilling and project advancement, continue at Tempiute.

Where is Lincoln Estates located relative to Guardian Metal’s tungsten projects?

Lincoln Estates is located less than 10 miles from the Tempiute Tungsten Project in south-central Nevada. Tempiute lies less than 250 miles southeast of the company’s Pilot Mountain Tungsten Project, positioning the new assets within Guardian Metal’s broader Nevada tungsten footprint.

Does the Lincoln Estates acquisition guarantee a future mine at Tempiute?

No. The company explicitly notes there can be no assurance the acquired water rights or real property will support a future mining operation at Tempiute. It also cautions that there is no guarantee the Tempiute Project will advance to development or production.

How does Guardian Metal describe the strategic goal behind its Nevada tungsten assets?

Guardian Metal positions itself as reviving U.S. mined tungsten production and strengthening American defense metal independence. By advancing its Pilot Mountain and Tempiute projects in Nevada, it aims to help re-establish a secure, domestically mined tungsten supply chain amid tightening Chinese export restrictions.