Powermax Identifies Multiple High-Priority REE Exploration Targets at Atikokan Property Following Helicopter-Borne Geophysical Survey Data Interpretation and Other Updates

Executive Summary

• Powermax Minerals released interpretation results from a high‑resolution helicopter‑borne magnetic and radiometric survey over its Atikokan REE Property, identifying multiple structurally controlled rare‑earth element (REE) targets across Blocks A, B, and C.
• The geophysical signatures (magnetic lows, elevated Th/K ratios) correlate with lake‑sediment TREE anomalies, supporting a phosphate‑rich NYF‑type REE system enriched in REE, thorium, uranium, and yttrium.
• Powermax renewed its marketing services agreement with Euro Digital Media for up to three months at a fee of USD $500,000 (plus GST).

Key Details

• Survey Execution: Conducted Q4 2025 by Geo Data Solutions Inc.; 50‑m line spacing, 25‑m gridded outputs, average ground clearance 44 m.
• Geophysical Findings – Block A: Northwest‑ and north‑trending structural corridors intersect granitic phases of the White Otter Batholith; magnetic lows and elevated Th/K ratios define priority targets along altered intrusive margins.
• Geophysical Findings – Blocks B & C: Northeast‑trending structures cut gneissic tonalite and granodioritic units of the Dashwa Gneiss Complex; radiometric anomalies align with mapped granitic/pegmatitic intrusions, indicating metasomatic alteration zones along high‑strain corridors.
• Prospectivity Maps: Two figures illustrate prospectivity maps linking deep lake sediment TREE concentrations, structural corridors, and primary radiometric indicators for LREE potential (Block A) and combined LREE/polymetallic potential (Blocks B & C).
• Field Program 2025: Completed geological mapping, prospecting, radiometric surveys, and systematic soil, sediment, and rock sampling – 426 samples collected (including QA/QC specimens) and submitted to Agat Labs; assay results pending.
• Next Steps: Await assay data to integrate with existing exploration datasets and further refine target definitions for subsequent field work.
• Marketing Services Agreement: Renewed with Euro Digital Media Ltd.; term up to three months starting ~Jan 15 2026 (or until budget exhaustion); services include online ad creation, keyword research, remarketing, landing page development, and campaign management on www.thestockreport.com via Google ads and native advertising.
• Fee: USD $500,000 plus GST; no securities issued as compensation; Euro Digital holds no Company securities.
• Qualified Person: Afzaal Pirzada, P.Geo., Director of Powermax, reviewed and approved the technical information per NI 43‑101.

Notable Quotes

“These results significantly advance our understanding of the Atikokan REE Property… highlighted multiple structurally controlled target zones that warrant systematic follow‑up.” – Paul Gorman, CEO