Pilot Mountain Tungsten Project, US

Original announcement by miningtechnology on

Company
Guardian Metal Resources
Ticker
Unavailable
Exchange
Unavailable
Region
Nevada, US
Primary commodity
Tungsten
Secondary commodities
Silver, Zinc
Document categories
Resource update
Extracted
2026-10-08 04:46:47 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Guardian Metal Resources has reported probable mineral reserves for the Pilot Mountain tungsten project in Nevada, estimated at 11.82 million tonnes. The reserves grade 0.17% tungsten trioxide, 9.28 g/t silver, and 0.28% zinc, supported by a completed Pre-Feasibility Study.

Reasoning: The document reports probable mineral reserves from a completed Pre-Feasibility Study (PFS) with significant contained metal scale.

Positive factors

  • Probable reserves established
  • Significant contained tungsten trioxide
  • PFS completed

Negative factors

  • Low tungsten grade (0.17% WO3)

Facts used in scoring: 3

Classification and evidence

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: The document explicitly states probable mineral reserves of 11.82mt.

Evidence · text

“The probable mineral reserves at the Pilot Mountain tungsten project are estimated to be 11.82 million tonnes (mt)”

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: The reserves are part of a completed Pre-Feasibility Study (PFS).

Evidence · text

“A pre-feasibility study (PFS) for the project was completed in June 2026”

Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

Resource Estimates (3)

probablePilot Mountain · tungstenTonnes: 11820000Grade: 0.17Grade Unit: %Contained Metal: 20275Contained Unit: tView all details
Link to this fact

Identity

Project
Pilot Mountain
Commodity
tungsten
Region
usa_nv
Reported Region
Nevada, US

Resource scope

Estimate type
reserve
Resource group id
resource:efbc6edb497222143cbd
Deposit or zone
Pilot Mountain
Mining method
combined

Resource Data

Category
probable
Tonnes
11820000
Grade
0.17
Grade Unit
%
Contained Metal
20275
Contained Unit
t

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Probable reserve grade of 0.17% WO3 is relatively low but supported by large tonnage.

Positive factors

  • Significant contained metal

Negative factors

  • Low grade

Evidence · text

“The probable mineral reserves at the Pilot Mountain tungsten project are estimated to be 11.82 million tonnes (mt) grading 0.17% tungsten trioxide”

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

probablePilot Mountain · silverTonnes: 11820000Grade: 9.28Grade Unit: g/tContained Metal: 3529Contained Unit: kozView all details
Link to this fact

Identity

Project
Pilot Mountain
Commodity
silver
Region
usa_nv
Reported Region
Nevada, US

Resource scope

Estimate type
reserve
Resource group id
resource:efbc6edb497222143cbd
Deposit or zone
Pilot Mountain
Mining method
combined

Resource Data

Category
probable
Tonnes
11820000
Grade
9.28
Grade Unit
g/t
Contained Metal
3529
Contained Unit
koz

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Silver reported as a byproduct in the reserve estimate.

Positive factors

  • Significant silver byproduct

Evidence · text

“9.28 grams per tonne silver ... with contained metals at ... 3,529koz of silver”

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

probablePilot Mountain · zincTonnes: 11820000Grade: 0.28Grade Unit: %Contained Metal: 33396Contained Unit: tView all details
Link to this fact

Identity

Project
Pilot Mountain
Commodity
zinc
Region
usa_nv
Reported Region
Nevada, US

Resource scope

Estimate type
reserve
Resource group id
resource:efbc6edb497222143cbd
Deposit or zone
Pilot Mountain
Mining method
combined

Resource Data

Category
probable
Tonnes
11820000
Grade
0.28
Grade Unit
%
Contained Metal
33396
Contained Unit
t

Prior Estimate

Resource Date
2026-06-30

Review

Needs Review
No
Historical
No

Dates

Event date
2026-10-08T00:00:00.000Z

Reasoning: Zinc reported as a byproduct in the reserve estimate.

Positive factors

  • Zinc byproduct

Evidence · text

“0.28% zinc, with contained metals at ... 33,396t of zinc”

Tags used in scoring

Probable Reservepositive

Indicated Resource with demonstrated economic viability after applying modifying factors.

Why it applies: category is "probable"

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

No QP/CP Disclosurenegative

No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience.

Why it applies: no Qualified or Competent Person is named anywhere in the release

PFS-Supportingneutral

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: the release names the study this estimate supports

DFS-Supportingneutral

Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence.

Why it applies: the release names the study this estimate supports

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.