Workflow
Powermax Minerals Identifies High-Priority Ree Targets at Atikokan Project, Northwestern Ontario
MTIMTI(US:MTX) Newsfileยท2025-11-10 11:00

Core Insights - Powermax Minerals Inc. has announced the results of an integrated geoscientific interpretation on its Atikokan Rare Earth Element (REE) Property, identifying priority exploration targets across three blocks covering 9,416 hectares in Ontario [1][7] Exploration Program - The ongoing exploration program aims to validate and expand upon the desktop study results, incorporating field results into the Atikokan REE exploration model [4] - High-resolution airborne magnetic and radiometric surveys are being conducted to refine the geometry of REE-bearing zones [5] - Systematic surface sampling will confirm REE-bearing phases identified in the desktop review [5] Study Highlights - A well-defined REE corridor has been delineated along the contact between the White Otter Batholith and the Dashwa Gneissic Suite, indicating favorable conditions for REE-bearing alteration systems [5] - Strong REE anomalies have been confirmed in Blocks B and C, with Total Rare Earth Element (TREE) values ranging from 254 to 1,947 ppm, averaging approximately 616 ppm [5] - Additional localized potential has been identified in Block A, with TREE values between 339-1,111 ppm, averaging around 570 ppm [5] Company Overview - Powermax Minerals Inc. is focused on advancing rare earth element projects and holds options to acquire multiple properties, including the Atikokan REE Property and the Cameron REE Property [9]