Lithium (Spodumene)
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Widest and Highest-Grade Caesium Intercepts to Date at Vega including 28.0 m at 8.05% Cs2O and 2.2 m at 26.48% Cs2O
Prnewswire· 2026-02-03 22:00
Core Insights - PMET Resources Inc. has reported significant caesium assay results from its 2025 drill campaign at the CV13 Pegmatite, highlighting the highest grades of caesium to date, including a peak assay of 29.79% CsO [2][3][9] - The exploration has confirmed high-grade caesium mineralization at the newly discovered Helios Zone, with multiple intercepts exceeding 25% CsO [2][3] - The company is optimistic about enhancing shareholder value through the caesium deposit, with ongoing drilling and assay results pending [2][3] Drill Results - The 2025 drill campaign has yielded the following notable results: - 28.0 m at 8.05% CsO, including 18.3 m at 11.84% CsO (CV25-948) [3][9] - 18.2 m at 7.13% CsO, including 3.0 m at 23.63% CsO (CV25-1023) [3][9] - 25.5 m at 14.83% CsO, including 2.2 m at 26.48% CsO (CV25-1006) [3][9] - 21.0 m at 21.52% CsO from the Helios Zone (CV25-975) [3][9] Mineral Resource Estimates - The CV13 Pegmatite hosts the world's largest in-situ pollucite-hosted caesium pegmatite Mineral Resource, with 0.69 million tonnes at 4.40% CsO (Indicated) and 1.70 million tonnes at 2.40% CsO (Inferred) [5] - The consolidated Mineral Resource Estimate for the CV5 and CV13 pegmatites totals 108.0 million tonnes at 1.40% Li2O and 0.11% CsO (Indicated) [6] Future Developments - The company is advancing towards an updated Feasibility Study for the CV5 Pegmatite, scheduled for the second half of 2026, and is interpreting the 2025 drill hole data to enhance geological models [16] - Remaining caesium assay results for 1,176 m (7 holes) are pending and will be reported once compiled [15]