Powermax Minerals Launches Airborne Surveys and Field Exploration at Ontario REE Properties

Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) (FSE: T23) has commenced high-resolution helicopter-borne geophysical surveys and field exploration programs at its Pinard and Hopkins rare earth element (REE) properties in Ontario. The airborne programs, conducted by Geo Data Solutions GDS Inc., will collect magnetic, radiometric spectrometric and VLF-EM data designed to help identify geological structures, alteration patterns, radiometric anomalies and other features prospective for REE mineralization.

The Pinard survey is planned to cover approximately 1,319 line-kilometres, while the Hopkins program will span approximately 1,623 line-kilometres across the Hopkins West and Hopkins East survey blocks. In parallel with the airborne work, Powermax has initiated field prospecting, geological mapping and sampling programs at both properties. The company said results from the geophysical surveys and field exploration activities will be integrated with existing geological information to prioritize targets for follow-up exploration.

CEO Paul Gorman said the combination of high-resolution geophysical data and field-based exploration is expected to provide a strong technical foundation for advancing the company’s Ontario REE portfolio and guiding the next phase of exploration. The full press release is available at https://ibn.fm/PHKtG.

Powermax Minerals is a Canadian mineral exploration company focused on advancing rare earth element projects. The company holds an option to acquire the Cameron REE Property comprising three mineral claims totaling approximately 2,984 hectares in British Columbia. Powermax also optioned the Atikokan REE Property consisting of 455 unpatented mining claims in NW Ontario, and the 5,178-hectare Pinard REE in Northern Ontario. Additionally, Powermax owns a 100% interest in the Ogden Bear Lodge Project in Crook County, Wyoming.

This exploration initiative is significant because it targets critical minerals essential for modern technologies, including electric vehicles and renewable energy systems. The results could potentially delineate new REE deposits in a stable mining jurisdiction, supporting North American supply chain independence. Investors can follow the company’s progress via its newsroom at https://ibn.fm/PWMXF.