Powermax Minerals Advances Atikokan REE Property Following 2025 Field Program

Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) has completed its 2025 field exploration program at the Atikokan Rare Earth Elements property, marking a significant technical advancement for the company's portfolio of REE-focused assets. The property is situated in the Atikokan–Ignace–White Otter Lake district of northwestern Ontario, a region known for established infrastructure and a history of mineral exploration. The systematic exploration campaign, detailed in a December 17, 2025, announcement, was designed to evaluate the geological and geochemical potential of the Atikokan property through comprehensive field work.

The 2025 field program integrated multiple exploration techniques, including geological mapping, prospecting, ground-based radiometric surveys, and geochemical sampling across several priority target areas. This multi-faceted approach generated a robust technical dataset that provides critical insights into the property's geology. Geological mapping revealed three principal lithological domains across the property, each with distinct characteristics. Block A is dominated by granodiorite to granite, while Block B consists mainly of gneissic tonalite, with granodiorite and granite appearing in its northern portion. Block C is also largely gneissic tonalite, with granodiorite and granite becoming more prominent toward the north-northeast.

The completion of this program represents a key milestone for Powermax Minerals as it advances its rare earth element projects. The data collected from the Atikokan property will be instrumental in guiding future exploration decisions and potentially identifying drill targets. The company's progress on this property is part of its broader strategy to develop a portfolio of REE assets, which includes the Cameron REE Property in British Columbia and the Ogden Bear Lodge Project in Wyoming. The technical findings from the Atikokan program contribute valuable information to the understanding of rare earth element potential in northwestern Ontario.

The implications of this announcement extend beyond the immediate technical results, as successful exploration and development of rare earth element projects have significant strategic importance. Rare earth elements are critical components in various high-tech applications, including renewable energy technologies, electric vehicles, and defense systems. The advancement of domestic REE projects like Atikokan could contribute to reducing reliance on foreign sources of these critical minerals. The detailed geological information obtained through the 2025 program provides a foundation for further evaluation of the property's economic potential.

For investors and stakeholders following the company's progress, the latest developments are available in the company's newsroom at https://ibn.fm/PWMXF. The comprehensive nature of the 2025 field program, combining multiple exploration methods, has generated data that will be analyzed to assess the property's mineralization potential. As Powermax Minerals continues to advance its exploration activities, the results from the Atikokan property will play a crucial role in determining the next phases of work and the overall development timeline for this REE-focused asset.