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Gold 3,886.30 +0.0% Silver 49.12 −1.9% Copper 6.09 −1.7% Oil 88.56 −0.2% Palladium 1,007.60 +1.6% PPTA 25.29 −0.6% AIR 0.050 −9.1% PMX 0.055 +0.0% CCMC 0.340 +0.0% PPM 0.095 +0.0% BMR 0.165 +0.0% S 0.175 +0.0% STGO 1.37 −2.8% GRDM 0.180 +0.0% CRI 0.015 +0.0% CN 0.120 +0.0% BTT 0.100 −13.0% AUXX 5.07 −2.9% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.66 −3.1% Gold 3,886.30 +0.0% Silver 49.12 −1.9% Copper 6.09 −1.7% Oil 88.56 −0.2% Palladium 1,007.60 +1.6% PPTA 25.29 −0.6% AIR 0.050 −9.1% PMX 0.055 +0.0% CCMC 0.340 +0.0% PPM 0.095 +0.0% BMR 0.165 +0.0% S 0.175 +0.0% STGO 1.37 −2.8% GRDM 0.180 +0.0% CRI 0.015 +0.0% CN 0.120 +0.0% BTT 0.100 −13.0% AUXX 5.07 −2.9% CLV 0.120 + VUL 0.360 −5.3% LUNR 15.66 −3.1%
Drill Results

Powermax Minerals Completes Phase 2 Fieldwork at the Cameron Rare Earth Element (REE) Project, British Columbia

By The Northwire Desk — AI Analysis Nov 25, 2025 · 06:01 PMAX · 1.37 Powermax Minerals Inc.
PMAX · Price

Executive Summary

  • Powermax Minerals announced the successful completion of its Phase 2 exploration field program at the Cameron Rare Earth Element (REE) Project in British Columbia.
  • The program collected 100 soil samples, 100 stream‑sediment samples and 29 rock chip samples for comprehensive geochemical analysis by Agat Laboratories.
  • Results will be integrated with existing geological and geophysical data to refine the REE mineralization model and define new drill targets for the next exploration phase.

Key Details

  • Program Scope: Geological mapping, systematic rock sampling, soil and stream‑sediment geochemistry across priority areas identified from Phase 1 work.
  • Sample Count: 100 soils, 100 stream sediments, 29 rock chips (including two fire‑assayed for gold and one tested for graphite).
  • Laboratory: Agat Laboratories Ltd., Calgary, Alberta – ISO/IEC 17025:2017 accredited; QA/QC includes blanks, duplicates, certified reference materials.
  • Target Lithologies: Pegmatitic and gneissic units within the Monashee Group, carbonatite lenses with garnet, quartz‑biotite gneiss, granitic outcrops – all known to host light (LREE) and heavy (HREE) REE minerals such as monazite, allanite, xenotime.
  • Sampling Methodology:
  • Soil: B‑horizon silty‑to‑sandy soils, 2–30 cm depth, covering mineralized and background zones.
  • Stream sediment: Classified river gravels & fine sediments sieved through No. 18 mesh (0.0394 in).
  • Data Integration: Upcoming analytical results will be merged with prior geological, geophysical, and Phase 1 data to update the geochemical model and pinpoint new drill targets.
  • CEO Comment: Paul Gorman highlighted the program as a “milestone” providing a comprehensive dataset to evaluate REE distribution and guide future drilling.
  • Qualified Person: Afzaal Pirzada, P.Geo., Director of Powermax Minerals (NI 43‑101 Qualified Person).

Notable Quotes

“The completion of our Phase 2 fieldwork represents another important milestone for the Cameron Project… We look forward to the upcoming analytical results, which will guide our follow‑up exploration and potential drill targeting.” – Paul Gorman, CEO & Director, Powermax Minerals Inc.

Read the original news release →

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