Core Viewpoint - PMET Resources Inc. has filed a technical report on its lithium-only feasibility study for the CV5 Pegmatite at the Shaakichiuwaanaan Project, indicating a positive outlook for a large-scale mining operation [1][5]. Group 1: Technical Report Details - The technical report, titled "CV5 Pegmatite Lithium-Only Feasibility Study NI 43-101 Technical Report," was prepared in accordance with National Instrument 43-101 and issued on November 14, 2025, with an effective date of October 20, 2025 [1][2]. - The report is available on SEDAR+ and will also be accessible on the company's website, encouraging readers to review it in its entirety [3]. Group 2: Project Overview - The Shaakichiuwaanaan Property is a 100%-owned pegmatite critical mineral exploration and development project located in Quebec, Canada, with year-round accessibility and proximity to hydro-power infrastructure [4]. - The feasibility study has declared a maiden mineral reserve of 84.3 million tonnes (Mt) at 1.26% Li2O (Probable), targeting up to approximately 800,000 tonnes per annum (ktpa) of spodumene concentrate using a Dense Media Separation process [5][6]. Group 3: Mineral Resource Estimates - The project hosts a consolidated mineral resource totaling 108.0 Mt at 1.40% Li2O and 166 parts per million (ppm) Ta2O5 (Indicated), and 33.4 Mt at 1.33% Li2O and 155 ppm Ta2O5 (Inferred), ranking as the largest lithium pegmatite resource in the Americas and among the top ten globally [7][12]. - Additionally, the project contains the world's largest pollucite-hosted caesium pegmatite mineral resource, with 0.69 Mt at 4.40% Cs2O (Indicated) and 1.70 Mt at 2.40% Cs2O (Inferred) [7].
PMET Resources Files NI 43-101 Technical Report on the CV5 Lithium-Only Feasibility Study on its Shaakichiuwaanaan Project
Prnewswireยท2025-11-15 01:47