Ophir Channel Sample Results Confirm High Grade Cesium Mineralization at HW3 Pegmatite at the Pilipas Property, James Bay, Quebec

Core Insights - Ophir Metals Corp. has confirmed high-grade cesium mineralization at the HW3 Pegmatite on the Pilipas Property in Quebec, indicating significant potential for multi-commodity exploration [3][8][21] Summary by Sections Exploration Results - The channel sampling program at HW3 Pegmatite included four channels totaling 74.3 meters, confirming high-grade cesium with notable lithium and tantalum levels [4][5] - Key results include: - PCH24-001: 6.00% Cs2O over 1.4 m and 12.40% Cs2O over 0.5 m - PCH24-002: 5.0 m at 1.46% Cs2O, including 3.0 m at 2.29% Cs2O and 1.0 m at 5.30% Cs2O - PCH24-003: 4.0 m at 1.81% Cs2O, including 2.0 m at 2.30% Cs2O [5][7] Project Development - The HW3 Pegmatite's dimensions have expanded to approximately 15 m by 23 m, remaining open in several directions, with additional markers of mineralization observed [6][8] - The project is strategically located near hydroelectric power and an all-season road, enhancing its accessibility [3] Market Context - Cesium is classified as a "Critical Mineral" in Canada, essential for various applications including GPS and 5G technology, highlighting its economic significance [10][11] - The Tanco mine in Manitoba, a primary cesium source, faces competition and is exploring redevelopment options, indicating a potential supply gap in the market [12] Company Overview - Ophir Metals Corp. is focused on the exploration and development of the Pilipas Lithium Properties and has an option to earn a 70% interest in the Pilipas Property [22]