zinc

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.

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.