Tungsten

CPS Technologies (CPSH) secured a $1.15M Phase II Army STTR contract to develop controlled fragmentation tungsten warheads, focusing on a 40mm variant using their proprietary injection molding process. This marks their 5th federally funded project in 2025 and 3rd successful Phase I to Phase II conversion since June 2024. Partnering with the New Mexico Institute of Mining and Technology’s EMRTC for testing, CPS aims to meet stringent Army performance standards, leveraging Dr. Mark Occhionero’s expertise in injection molding.

Guardian Metal Resources (LON:GMET)(OTCQX:GMTLF) announced positive assay results from its Pilot Mountain tungsten project in Nevada. Drilling in the Desert Scheelite zone confirmed high-grade tungsten mineralization with significant widths, supporting their “Mined in America” initiative. The company completed 82 drillholes, including 61 at Desert Scheelite. Key intersections include 21.6 m at 0.20% WO3 and individual assays reached 1.09% WO3, along with copper, silver, and zinc. Initial results from the Garnet Zone are expected soon.