Powermax Minerals Identifies Multiple REE Targets at Atikokan Property Through Geophysical Survey

Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) announced interpretation results from a high-resolution helicopter-borne magnetic and radiometric survey completed over its Atikokan Rare Earth Element property in northwestern Ontario, identifying multiple structurally controlled REE exploration targets across Blocks A, B and C. The survey defined priority targets associated with favorable granitic and pegmatite host rocks, magnetic lows and elevated Thorium-to-Potassium ratios that act as effective total rare earth element proxies, with strong spatial correlations to lake-sediment geochemical anomalies.

The integrated geophysical and geochemical signatures collectively support a phosphate-rich NYF-type REE system enriched in rare earth elements, Thorium, Uranium and Yttrium, providing a strong technical foundation for advancing follow-up exploration. Target areas include structurally controlled corridors along altered intrusive margins in Block A and high-strain zones associated with granitic and pegmatitic intrusions in Blocks B and C, enabling the Company to prioritize specific zones for systematic and efficient next-phase fieldwork.

This development is significant as it demonstrates the potential for a substantial rare earth element system in northwestern Ontario, a region increasingly recognized for its critical mineral potential. The identification of multiple structurally controlled targets across three distinct blocks suggests a widespread mineralizing system rather than isolated occurrences, which could translate to larger resource potential. The use of advanced geophysical techniques combined with geochemical data represents a modern, data-driven approach to mineral exploration that reduces risk and increases discovery probability.

The timing of this announcement coincides with growing global demand for rare earth elements, particularly for clean energy technologies, electric vehicles, and defense applications. North American governments have identified securing domestic supply chains for critical minerals as a strategic priority, making discoveries in politically stable jurisdictions like Canada particularly valuable. The Atikokan property's location in Ontario, a mining-friendly jurisdiction with established infrastructure, adds to its strategic importance.

The technical significance lies in the identification of an NYF-type REE system, which typically contains higher concentrations of the more valuable heavy rare earth elements compared to other deposit types. The correlation between geophysical anomalies and geochemical data provides multiple lines of evidence supporting the exploration model, reducing geological uncertainty. This systematic approach allows Powermax to allocate exploration resources more efficiently, focusing on the highest priority targets first.

For investors and stakeholders, these results represent a critical milestone in the property's exploration progression, transitioning from early-stage reconnaissance to targeted exploration. The company's newsroom at https://ibn.fm/PWMXF provides additional updates, while industry communications platform https://www.MiningNewsWire.com offers broader sector coverage. The identification of these targets sets the stage for the next phase of exploration, which will likely include ground truthing, detailed mapping, and potentially drilling to test the highest priority anomalies.