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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Powermax Minerals Reports Phase 2 Stream Sediment Assay Results from Cameron Rare Earth Element Project, British Columbia

By The Northwire Desk — AI Analysis Feb 05, 2026 · 06:01 PMAX · 0.94 Powermax Minerals Inc.
PMAX · Price

Executive Summary

  • Powermax Minerals released Phase 2 stream‑sediment assay results from the Cameron REE Project showing anomalously high light, heavy and total rare earth element (REE) concentrations across multiple drainage basins.
  • TREO values ranged up to 57,517.8 ppm, LREO up to 47,980.5 ppm, and HREO up to 9,537.3 ppm, indicating strong vectoring potential toward upstream REE‑bearing bedrock.
  • High eTh/K ratios (>10) suggest the presence of Th‑rich accessory minerals (e.g., monazite, xenotime), reinforcing the likelihood of undiscovered REE source rocks and defining priority targets for follow‑up soil, rock sampling and possible drilling.

Key Details

  • Assay Ranges (All Samples):
  • LREO: 178.6 ppm – 47,980.5 ppm
  • HREO: 49.0 ppm – 9,537.3 ppm

  • TREO: 227.7 ppm – 57,517.8 ppm

  • Geochemical Indicators:

  • Consistently high eTh/K ratios (>10) across samples, supporting the presence of monazite/xenotime‑type Th‑rich minerals in source rocks.

  • Interpretation:

  • Multi‑element REE anomalies are spatially clustered, implying proximal upstream sources and highlighting specific drainage catchments as priority exploration targets.

  • Next Steps Planned:

  • Integration of sediment data with existing soil and rock sample datasets (currently being processed).

  • Follow‑up geological mapping, additional soil sampling, and potential trenching or drill testing pending permitting.

  • Sampling & Analytical Methodology:

  • Samples collected from active drainage systems, sieved to < 18 mesh (0.0394 in).

  • Analysed by AGAT Laboratories Ltd. (ISO/IEC 17025:2017 accredited) using the 201‑380 Metals Package; QA/QC included field duplicates.

  • Qualified Person: Afzaal Pirzada, P.Geo., Director and NI 43‑101 Qualified Person reviewed and approved technical content.

Notable Quotes

“The Phase 2 stream sediment assay results further validate our systematic exploration approach at the Cameron Rare Earth Element Project… The broad range of elevated LREO, HREO, and TREO values across multiple drainage catchments highlights the extent and consistency of REE anomalies and confirms stream sediment geochemistry as an effective tool for defining priority target areas.” – Paul Gorman, CEO & Director, Powermax Minerals Inc.

Read the original news release →

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