Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) Advances Rare Earth Strategy With New Pinard Program And Progress At Cameron
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Powermax Minerals plans a comprehensive Phase 1 exploration program at the Pinard REE Project in northern Ontario.
The program combines historical datasets with new fieldwork, including mapping, sampling and airborne geophysics.
Phase 2 fieldwork at the Cameron REE Project in British Columbia has been completed, with laboratory results pending.
Both projects target light and heavy rare earth elements at a time when global demand is projected to triple by 2035.
North American policymakers are increasing support for REE supply chains amid China's export controls and processing dominance.
Powermax Minerals (CSE: PMAX) (OTCQB: PWMXF), a Canadian mineral exploration company, recently announced a planned detailed Phase 1 program for the newly optioned Pinard Project in northern Ontario, adding momentum to work already completed at the Cameron Project in British Columbia. Together, these initiatives reflect a growing strategic emphasis on rare earth elements (“REEs”) at a time when global demand is accelerating and supply risks are rising.
The Pinard Project covers 5,178 hectares across 255 contiguous claims in an area accessible by all-weather roads, roughly 70 kilometers northeast of Kapuskasing. According to the company, the property is underlain by the Pinard Intrusive Complex, an alkalic to peralkalic system comparable to other...
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