AcquisitionsJun 17, 2026, 06:26 AM
Guardian Metal Acquires Lincoln Estates & Water Rights for $1.3M
AI Summary
Guardian Metal Resources PLC announced the acquisition of Lincoln Estates Group LLC for US$1.3 million in cash. This acquisition includes 841 acres of real property and 2,540 acre-feet of annual water rights, located less than 10 miles from the company's Tempiute Tungsten Project in Nevada. The acquisition is a key de-risking milestone, enhancing the project's development potential and supporting the goal of building a resilient U.S. domestic tungsten supply chain.
Key Highlights
- Acquired Lincoln Estates Group LLC for US$1.3 million in cash.
- Includes 2,540 acre-feet per annum of water rights.
- Includes approximately 841 acres of real property rights.
- Property is zoned for mixed use, commercial, industrial, and single family.
- Located less than 10 miles from the Tempiute Tungsten Project.
- Provides direct access off Highway 375, same as Tempiute.
- Considered a key de-risking milestone for the Tempiute Project.
Price Impact
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