silver
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PJX Resources Announces $1.6 Million Non-Brokered Private Placement
PJX Resources raised C$1.65M via private placement to fund exploration at its Dewdney Trail Property in BC, near the historic Sullivan Mine. Financing includes flow-through shares (CA$0.14) and standard units (CA$0.12) with warrants. Recent findings show Sedex horizons like those at Sullivan, with surface samples up to 8.2% zinc and 42g/t silver. Aggressive drilling starts July 15, targeting potential large-scale mineralization amidst low zinc inventories. Risks include share dilution and early-stage exploration status.
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Makenita Resources Announces Drilling Contract for Initial Program at Ontario’s Hector Silver Project
Makenita Resources (KENYF) is set to begin its maiden drilling program at the Hector Silver Project in British Columbia. The program, focusing on silver and cobalt targets, will test geological models based on historical data and recent fieldwork, including the Block 9 silver anomaly and the South Keora shaft. The company aims to validate historical mineralization reported on the property and unlock exploration potential. Past results from the area do not automatically indicate potential for the company’s land, cautioning readers to consider previous data carefully.