Powermax samples up to 57,517 ppm TREO at Cameron

Executive Summary

• Powermax Minerals released Phase 2 stream‑sediment assay results from the Cameron REE project, showing anomalously high light and heavy rare‑earth element 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, confirming the effectiveness of sediment geochemistry as a vector for REE mineralization.
• The data identify priority target zones for follow‑up soil/rock sampling, mapping, trenching or drilling pending permitting.

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
• Multiple drainage catchments exhibited coherent multielement REE anomalies, indicating upstream bedrock sources.
• High eTh/K ratios (>10) suggest Th‑rich accessory minerals (e.g., monazite, xenotime) are being eroded and transported into creeks.
• Results will be integrated with ongoing soil and rock sampling programs; further data to be released when available.
• Sampling Methodology:
• Sediment collected from active drainages, sieved < 18 mesh (0.0394 in).
• Analyses performed 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… These results will be integrated with our soil and rock samples data sets which is being processed and will be released as soon as possible.” – Paul Gorman, CEO