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Guardian Exploration Inc. reports developments tied to Canadian mineral exploration, including Yukon permitting, Mount Cameron project work, Nunavut and Yukon gold project advancement, financing activity, and advisory-board changes. Company updates describe the Class 3 Quartz Exploration Permit for Mount Cameron, geochemical target generation, and capital actions connected with exploration spending.
News about GXUSF also covers the company’s public issuer profile across TSXV, OTCQB, and Frankfurt trading references, along with governance and technical-advisory additions related to precious-metal and polymetallic exploration assets.
Guardian Exploration (OTCQB: GXUSF) has completed a high-resolution airborne magnetic and radiometric survey over its 100%-owned Mount Cameron silver-lead-zinc project in the Mayo Mining District, Yukon. The helicopter-borne survey by Precision GeoSurveys covered approximately 669 line-kilometres over a 30.3 km² block.
The program, flown at 50 m line spacing and 40 m nominal height using a cesium-vapour magnetometer and 21-litre NaI(Tl) spectrometer, is designed to map structural features, alteration zones and geological contacts. According to Guardian Exploration, integrating these data with existing geological, geochemical and LiDAR datasets will help prioritize drill targets, with final processed products expected in the coming weeks.
Guardian Exploration (OTCQB: GXUSF, TSXV: GX) has begun mobilizing crews and equipment for its 2026 exploration program at the 100%-owned Mount Cameron silver-lead-zinc project in Yukon.
This will be Guardian's largest campaign since acquiring the project in 2021, advancing multiple high-priority targets toward planned 2026 diamond drilling while maintaining collaboration with the First Nation of Na-Cho Nyäk Dun and the Mayo community.
Guardian Exploration (OTCQB: GXUSF) secured dedicated access to a Hydracore HC5000 helicopter-portable diamond drill and support equipment for its 2026 exploration programs in Yukon and Nunavut.
The drill will start at the fully permitted Mount Cameron Silver-Zinc-Lead Project in Yukon, then is expected to move to the Sun Dog Project in Nunavut, subject to permits. Guardian expects increased operational flexibility, improved scheduling certainty, and enhanced cost control. The commercial arrangement is with a private equipment company controlled by Guardian’s CEO and was reviewed and approved by independent directors as reasonable and in shareholders’ best interests.
Guardian Exploration (OTCQB: GXUSF) will present its Yukon, Alaska and Nunavut exploration portfolio at the Centurion One Capital Miami Summit on May 28, 2026, at the Faena Hotel Miami Beach.
Management will meet institutional and high-net-worth investors to discuss gold, copper and silver-focused projects and potential strategic partnerships.
Guardian Exploration (OTCQB: GXUSF) appointed Scott C. Pimm to its Advisory Board to enhance northern infrastructure and project development expertise. Pimm brings large-scale construction leadership, operational execution skills, and northern experience across remote regions of Western Canada.
His aviation and logistics background is expected to support Guardian’s exploration portfolio in Nunavut and the Yukon.
Guardian Exploration (OTCQB: GXUSF) received a Class 3 Quartz Exploration Permit from the Yukon Department of Energy, Mines and Resources for its Mount Cameron Ag-Pb-Zn project on May 4, 2026.
The five-year permit, following a YESAB recommendation and consultation with the First Nation of Na-Cho Nyäk Dun, allows systematic exploration for resource delineation, greenfield discovery and expansion of known mineralized zones across ~3,017 hectares.
Guardian Exploration (TSXV: GX / OTCQB: GXUSF) appointed Eric Fier, CPG, P.Eng to its Advisory Board on May 1, 2026. The company said Fier brings a track record in discovering, advancing and monetizing high-grade precious metals assets plus technical and capital markets experience to support exploration and development strategy.
Guardian Exploration (OTCQB: GXUSF) proposes a private placement of up to 10,000,000 Units at $0.25 for gross proceeds up to $2.5 million. Each Unit includes one flow-through common share and one warrant exercisable at $0.40 for 24 months.
Proceeds are earmarked for exploration at the Sundog and Esker gold projects (Nunavut) and Mount Cameron silver-lead-zinc property (Yukon). Flow-through expenditures will be renounced to subscribers with an effective date no later than Dec 31, 2026. Shares and warrants carry a four-month-and-one-day hold period.