Powermax Minerals Reports Soil and Rock REE Results at Cameron Project, British Columbia

Core Viewpoint - Powermax Minerals Inc. has reported promising rare earth element (REE) results from soil and surface rock sampling at its Cameron REE Property, indicating potential mineralization and multiple priority exploration targets for further work [1]. Soil Sampling Results - The soil geochemical sampling program returned Total Rare Earth Oxide (TREO) values ranging from approximately 135 ppm to 2,840 ppm, with an average of about 340 ppm TREO. Several samples showed strong anomalous TREO values exceeding 400 ppm, with the highest reaching 2,840 ppm [2]. - A north-south trending corridor of elevated REE values was outlined, extending over one kilometer, coinciding with mapped pegmatites and historical thorium-uranium occurrences [3]. Surface Rock Sampling Results - Surface rock samples returned TREO values from less than 36 ppm to 740 ppm, with several samples exceeding 100 ppm TREO. The highest rock sample recorded was 741 ppm TREO [5]. - Anomalous rock samples were clustered along the Highway 23 corridor and near historical thorium-uranium mineralization, suggesting potential REE-bearing pegmatite bodies beneath the soil anomalies [6]. Project Overview - The Cameron REE Project covers approximately 2,984 hectares in the Kamloops Mining Division, British Columbia, within a region known for REE-bearing pegmatites and carbonatite zones [12]. - The mineralization is associated with shear zones and structurally controlled pegmatitic intrusions enriched in both light (LREE) and heavy (HREE) elements [12]. Company Insights - Paul Gorman, CEO of Powermax Minerals Inc., emphasized the significance of the results in advancing the Cameron REE project and indicated that the next exploration program will focus on defining the bedrock sources of the anomalies [8].