diff --git a/docs/release-notes/.FSharp.Compiler.Service/11.0.100.md b/docs/release-notes/.FSharp.Compiler.Service/11.0.100.md
index ed1e382d6c7..50ddd78a27d 100644
--- a/docs/release-notes/.FSharp.Compiler.Service/11.0.100.md
+++ b/docs/release-notes/.FSharp.Compiler.Service/11.0.100.md
@@ -169,6 +169,7 @@
 * Checker: recover on checking language version ([PR ##19970](https://github.com/dotnet/fsharp/pull/19970))
 * Implied argument names for function-to-delegate coercions now fall back to the delegate's `Invoke` parameter names when the function has no recoverable names (e.g. a partial application like `System.Func<int, int>((+) 1)`), instead of synthetic `delegateArg0`, `delegateArg1`, … names. ([PR #20001](https://github.com/dotnet/fsharp/pull/20001))
 * Add internal `ResetCompilerGeneratedNameState` to `CompilerGlobalState` name generators so warm-checker re-compilation can produce fresh-process-identical generated names. ([PR #20017](https://github.com/dotnet/fsharp/pull/20017))
+* IL: map the short-lived metadata-only PE reader ([PR #20489](https://github.com/dotnet/fsharp/pull/20489))
 * Add internal ECMA-335 Edit-and-Continue metadata delta writer to AbstractIL. ([PR #20019](https://github.com/dotnet/fsharp/pull/20019))
 * Add Roslyn-format EnC CustomDebugInformation codec and portable PDB method CDI emission support to AbstractIL. ([PR #20018](https://github.com/dotnet/fsharp/pull/20018))
 * Extension members (including operators) now participate in SRTP (statically-resolved type parameter) constraint resolution, so member constraints on `inline` code can be satisfied by extension members — including operators defined on types you don't own via type extensions. Intrinsic members keep priority over extension members, and extension members solve SRTP constraints without satisfying nominal static-abstract interface (IWSAM) constraints. Also adds the `[<AllowOverloadOnReturnType>]` attribute for overloads that differ only by return type, and tuple type extensions (`type ('T1 * 'T2) with` / `type struct ('T1 * 'T2) with`). Requires `--langversion:preview`. ([RFC FS-1043](https://github.com/fsharp/fslang-design/blob/main/RFCs/FS-1043-extension-members-for-operators-and-srtp-constraints.md), [fslang-suggestions#230](https://github.com/fsharp/fslang-suggestions/issues/230), [PR #19602](https://github.com/dotnet/fsharp/pull/19602))
diff --git a/src/Compiler/AbstractIL/ilread.fs b/src/Compiler/AbstractIL/ilread.fs
index d1728dc36d2..a9a052cb092 100644
--- a/src/Compiler/AbstractIL/ilread.fs
+++ b/src/Compiler/AbstractIL/ilread.fs
@@ -5168,7 +5168,7 @@ let OpenILModuleReader fileName opts =
 
                         // For metadata-only, always use a temporary, short-lived PE file reader, preferably over a memory mapped file.
                         // Then use the metadata blob as the long-lived memory resource.
-                        let disposer, pefileEager = getBinaryFile fullPath false
+                        let disposer, pefileEager = getBinaryFile fullPath true
                         use _disposer = disposer
 
                         let metadataPhysLoc, metadataSize, peinfo, pectxtEager, pevEager =
diff --git a/src/Compiler/Utilities/FileSystem.fs b/src/Compiler/Utilities/FileSystem.fs
index 5fd055b525d..172702aee47 100644
--- a/src/Compiler/Utilities/FileSystem.fs
+++ b/src/Compiler/Utilities/FileSystem.fs
@@ -199,13 +199,10 @@ type internal MemoryMappedStream(mmf: MemoryMappedFile, length: int64) =
     override x.Write(buffer, offset, count) = viewStream.Write(buffer, offset, count)
     override x.Read(buffer, offset, count) = viewStream.Read(buffer, offset, count)
 
-    override x.Finalize() = x.Dispose()
-
-    interface IDisposable with
-        override x.Dispose() =
-            GC.SuppressFinalize x
-            mmf.Dispose()
-            viewStream.Dispose()
+    override _.Dispose disposing =
+        base.Dispose disposing
+        viewStream.Dispose()
+        mmf.Dispose()
 
 [<Experimental("This FCS API/Type is experimental and subject to change.")>]
 type RawByteMemory(addr: nativeptr<byte>, length: int, holder: obj) =
@@ -529,37 +526,41 @@ type DefaultFileSystem() as this =
         if not useMemoryMappedFile then
             fileStream :> Stream
         else
-            let mmf =
-                if shouldShadowCopy then
-                    let mmf =
-                        MemoryMappedFile.CreateNew(
+            try
+                let mmf =
+                    if shouldShadowCopy then
+                        let mmf =
+                            MemoryMappedFile.CreateNew(
+                                null,
+                                length,
+                                MemoryMappedFileAccess.ReadWrite,
+                                MemoryMappedFileOptions.None,
+                                HandleInheritability.None
+                            )
+
+                        use stream = mmf.CreateViewStream(0L, length, MemoryMappedFileAccess.ReadWrite)
+                        fileStream.CopyTo(stream)
+                        fileStream.Dispose()
+                        mmf
+                    else
+                        MemoryMappedFile.CreateFromFile(
+                            fileStream,
                             null,
                             length,
-                            MemoryMappedFileAccess.ReadWrite,
-                            MemoryMappedFileOptions.None,
-                            HandleInheritability.None
+                            MemoryMappedFileAccess.Read,
+                            HandleInheritability.None,
+                            leaveOpen = false
                         )
 
-                    use stream = mmf.CreateViewStream(0L, length, MemoryMappedFileAccess.ReadWrite)
-                    fileStream.CopyTo(stream)
-                    fileStream.Dispose()
-                    mmf
-                else
-                    MemoryMappedFile.CreateFromFile(
-                        fileStream,
-                        null,
-                        length,
-                        MemoryMappedFileAccess.Read,
-                        HandleInheritability.None,
-                        leaveOpen = false
-                    )
-
-            let stream = new MemoryMappedStream(mmf, length)
+                let stream = new MemoryMappedStream(mmf, length)
 
-            if not stream.CanRead then
-                invalidOp "Cannot read file"
+                if not stream.CanRead then
+                    invalidOp "Cannot read file"
 
-            stream :> Stream
+                stream :> Stream
+            with _ ->
+                fileStream.Dispose()
+                reraise ()
 
     abstract OpenFileForWriteShim: filePath: string * ?fileMode: FileMode * ?fileAccess: FileAccess * ?fileShare: FileShare -> Stream