Powermax Minerals Completes High-Resolution Airborne Geophysical Survey at the Atikokan Rare Earth Element Property, Ontario

Core Insights - Powermax Minerals Inc. has successfully completed a high-resolution airborne geophysical survey at its Atikokan Rare Earth Element Property in Ontario, which is a significant advancement for the company [1][8] Survey Overview - The survey covered a total of 1,409 line-kilometres, with flight lines spaced at 50 metres and tie lines at 500 metres, ensuring detailed geological and structural interpretation [2] - The helicopter operated at an average terrain clearance of 44 metres, maintaining high data quality [2] Survey Objectives and Quality - The primary objectives included refining structural and lithological interpretations, delineating magnetic trends, and identifying zones of elevated potassium, thorium, and uranium signatures [3] - All fieldwork and processing met contract specifications, with magnetic noise levels within acceptable limits and high accuracy in GPS positioning [4] Data Processing and Deliverables - Post-flight data processing utilized Geosoft Montaj and Praga NASVD software to enhance data quality, resulting in full digital databases, GeoTIFF maps, and a digital terrain model at a 1:30,000 scale [5] Management Comment - The CEO of Powermax Minerals highlighted the survey as a major step forward, emphasizing the excellent data quality that will enhance understanding of the mineralization framework in the Atikokan area [8] Next Steps - The company plans to conduct comprehensive processing and interpretation of the datasets, integrating them with historical mapping and recent geological data to guide future exploration activities [9] 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 [11]