U.S. Department of Defense Awards $6.2M to Golden Metal Resources for the Pilot Mountain Project
15 Articles
15 Articles

U.S. Department of Defense Awards $6.2M to Golden Metal Resources for the Pilot Mountain Project
/PRNewswire/ -- Guardian Metal Resources plc (AIM: GMET, OTCQX:GMTLF) is very pleased to announce that its wholly-owned subsidiary Golden Metal Resources (USA)...
Ucore Rare Metals Inc. Secures $18.4 Million DoD Award for Revolutionary Rare Earth Technology
Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) has been awarded an $18.4 million contract by the U.S. Department of Defense to further develop its RapidSX(TM) technology, a breakthrough in rare earth element separation. This award highlights the Pentagon’s commitment to securing domestic supply chains for essential military technologies, including missiles, fighter jets, and radar systems. The RapidSX platform, noted for being 3 to 7 times f…
DoD Buys Critical Tungsten from Nevada Mine
JULY 23, 2025 – The Department of Defense announced today a $6.2 million award to Golden Metal Resources via Title III of the Defense Production Act (DPA). Golden Metal Resources is the wholly owned operating subsidiary of publicly-traded Guardian Metal Resources PLC. The award will enable Golden Metal Resources to deliver a pre-feasibility study for a tungsten mining site, Pilot Mountain, located southeast of Hawthorne, Nevada. This investment,…


Pentagon dips into Ukraine funds to pay for tungsten extraction
The US Department of Defense (DoD) will finance a pre-feasibility study for a new mining site in Nevada to extract a critical metal known as tungsten, which is used in the production of various defence platforms and systems.
Guardian Metal Resources secures $6.2M US government award and raises $21M for Nevada Tungsten projects
Guardian Metal Resources has received a significant boost for its Nevada tungsten operations, securing a $6.2 million award from the U.S. Department of Defense alongside a successful $21 million equity fundraising round. The award and fundraising are a major vote of confidence in Guardian’s ambitions in the US and pay testament to the firm’s execution […] The post Guardian Metal Resources secures $6.2M US government award and raises $21M for Nev…
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