Guardian Metal Hits 92m of 0.34% Tungsten, Fast-Tracks Underground Work
GMTLF sits 81% above its 52-week low of $1.18.
Summary
Guardian Metal reported broad tungsten intercepts from its Tempiute project, including 92.0m @ 0.34% WO3 in hole TP26-046. The company is accelerating underground rehabilitation to access historical workings, with work starting October 2026. Phase I regional drilling also confirmed mineralization beyond the historical mine footprint. These results support a planned initial Mineral Resource estimate and potential near-term mining of a near-surface lode. The news follows last week's strong intercepts from the Tremor Zone, building a pattern of positive exploration results.
At the time of this announcement, GMTLF was trading at $2.14 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $425.2M. The 52-week trading range was $1.18 to $4.25. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: ACCESS Newswire.