Powermax Announces Plans for Phase 1 Exploration Program for the Pinard Project

Executive Summary

• Powermax Minerals announced a comprehensive Phase 1 exploration program for its newly‑optioned Pinard Rare Earth Element (REE) Project in northern Ontario.
• The program integrates historical geological, geophysical and geochemical data with new fieldwork—including GIS modeling, surface mapping, multi‑media sampling, radiometric surveys, and a high‑resolution airborne magnetic/gamma‑ray survey – to generate and rank target areas for future trenching and drilling.
• The initiative is intended to rapidly improve technical understanding of the 5,178‑ha Pinard property and prioritize high‑quality targets for subsequent advanced exploration phases.

Key Details

• Project Location: Pinard REE Property, ~70 km NNE of Kapuskasing, Ontario; 255 contiguous mining claims covering 5,178 ha with all‑weather road access.
• Geological Setting: Alkalic to peralkalic intrusive complex (syenitic–granitic) within the southern Archean Superior Province; tectonically similar to nearby Clay‑Howells Alkaline Complex that hosts known niobium‑REE mineralization.
• Phase 1 Components:
• Desktop Data Compilation & GIS Modeling – integration of historic geological, geophysical and geochemical datasets into a modern GIS platform for target refinement.
• Field Prospecting & Geological Mapping – systematic ground prospecting and detailed mapping to identify pegmatite zones, mineralized structures, lithologic contacts and alteration patterns.
• Geochemical Sampling – rock (outcrop/mineralized occurrences), soil (grid‑based) and stream sediment sampling across priority targets; results will be used for vectoring toward potential mineralization.
• Radiometric Surveys – handheld scintillometer surveys to locate radiometric anomalies and associated pathfinder elements.
• Airborne Geophysical Survey – high‑resolution helicopter‑borne magnetic and gamma‑ray spectrometric survey over key portions of the property to delineate structural trends, lithologic boundaries and radiometric anomalies.
• Future Work: Data generated will be used to rank targets for subsequent advanced exploration activities such as trenching and potential drilling campaigns.
• Qualified Person: Afzaal Pirzada, P.Geo., Director and QP under NI 43‑101 reviewed and approved the technical information.
• Quote: “The Phase 1 program at Pinard is designed to rapidly advance our technical understanding of the Project by combining historical datasets with modern exploration techniques,” said Paul Gorman, CEO.

Notable Quotes

“This systematic approach will allow us to efficiently identify and prioritize high‑quality targets for follow‑up work.” – Paul Gorman, CEO & Director, Powermax Minerals Inc.