$GMTL

Guardian Metal Resources PLC (GMTL) plans to spin out its non-tungsten projects (Garfield, Golconda Summit, Stonewall) into a new company, Spin-Co, targeting AIM admission by Q2 2027. The move aims to focus on tungsten projects (Pilot Mountain, Tempiute) while giving non-core assets a dedicated platform. Guardian Metal will retain a significant stake in Spin-Co. The CEO's options were also extended.

Guardian Metal Resources (GMTL) will issue 500,000 new shares, raising £70,000. Trading is expected to start on Nov. 3, 2026, with total shares increasing to 199,597,008. The company focuses on tungsten exploration in Nevada, USA.

Guardian Metal Resources (NYSE: GMTL) will present its 12-month tungsten development strategy on 5 November 2026. CEO Oliver Friesen and Chairman J.T. Starzecki will discuss priorities for 2026-2027, focusing on US tungsten production. The event includes a Q&A session and is open for investor registration.

Guardian Metal Resources (GMTL, GMET, GMTLF) announced the exercise of warrants for 300,000 new shares, raising £42,000. The shares will be admitted to trading on AIM around October 23, 2026, increasing the total issued share capital to 199,097,008. The company focuses on tungsten exploration in Nevada, USA, and has received US$6.2M from the U.S. Department of War for its Pilot Mountain project.

Guardian Metal Resources plc (NYSE.A: GMTL, LON: GMET, OTCQB: GMTLF) appointed David Hendriks as COO and Ron Espell as VP of Environment & Permitting. Both bring over 30 years of experience in mining and environmental management, with significant expertise in Nevada. The company is focused on tungsten projects in Nevada, aiming to revitalize U.S. tungsten production.

The U.S. Defense Logistics Agency awarded a $2B contract for tungsten supplies, with a $450M investment from the Department of War. GoldHaven Resources (CSE: GOH) completed drilling at its Kuhn tungsten-skarn target, intersecting skarn mineralization in two locations. Almonty Industries (NASDAQ: ALM) began commercial operations at its Sangdong plant, with 90% of Phase I production contracted. Guardian Metal (NYSE: GMTL) reported drilling results from its Tempiute project.

Guardian Metal Resources (GMTL) reported initial drilling results from its Good Hope site in Nevada, with two holes showing tungsten grades of 0.79% and 0.42% WO3. The findings, while promising, are outside the current resource base and lack a mineral-resource estimate. Management is evaluating their potential to extend the mine's operating life or improve processing efficiency, but economic viability remains uncertain.

The global tungsten market is projected to grow from $6.66B in 2026 to $9.62B by 2030, driven by demand in aerospace, defense, and electronics, according to The Business Research Company. GoldHaven Resources received an exploration permit for its Magno Project in British Columbia, planning a 5,000 to 7,000-meter drill program. The project has 24 potential target zones and historical estimates of tungsten mineralization. The U.S. has implemented rules to restrict tungsten imports from certain cou

Tungsten prices surged 622% in 2025, driven by U.S. defense supply chain rules. Blue Moon Metals (TSXV: MOON, NASDAQ: BMM) secured permits for its Nevada tungsten project, aiming for 2027 production. Almonty Industries (NASDAQ: ALM, TSX: AII) began processing at its South Korea mine. American Tungsten (TSXV: TUNG, OTCQX: TUNGF) and Fox Tungsten (TSXV: FOXT) also advanced projects. Investors may monitor these companies for potential opportunities.

The article says tungsten has outperformed gold, silver and copper over the past year and that the U.S. has not mined tungsten since 2015, while China supplies about 80% of global tungsten and nearly 90% of processing. It notes a U.S. defense rule from Jan 1, 2027 banning tungsten routed through China. It highlights Blue Moon Metals (TSXV: MOON, NASDAQ: BMM) acquiring 33 tungsten and antimony projects near its Springer complex, with consideration including 2.8M shares, $5.0M cash, and a 1% NSR r