Guardian Metal Resources PLC announced the results of its Pre-Feasibility Study (PFS) for the Pilot Mountain tungsten project in Nevada, showing a base case after-tax NPV of US$660.3 million and an IRR of 59.6%. The study indicates an 8-year mine life with expected production of 15,916 tonnes of WO3, generating US$1.058 billion in after-tax free cash flow. The project is supported by a $6.2 million Defense Production Act investment from the U.S. Department of War. Guardian Metal Resources PLC is a strategic mineral exploration company focused on tungsten in Nevada, USA.
