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ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2% ARTG 37.67 +7.3% SAGE 0.120 +4.3% NTR 93.88 −0.3% ERO 42.71 +4.6% EDR 12.55 +7.1% IFOS 2.23 −0.5% URE 1.80 −2.2% AAUC 27.50 +4.3% IMR 0.145 +3.6% EQX 14.50 +7.4% OGC 37.67 +6.8% TFPM 43.89 +4.4% SGD 15.42 +5.4% BKM 2.55 +3.2% OR 45.20 +4.4% CDE 24.46 +7.2%
Drill Results

Powermax Minerals Successfully Completes 2025 Field Program at Atikokan REE Property, Northwestern Ontario

By The Northwire Desk — AI Analysis Dec 17, 2025 · 06:01 PMAX · 1.5 Powermax Minerals Inc.
PMAX · Price

Executive Summary

  • Powermax Minerals completed its 2025 field exploration program at the Atikokan Rare Earth Elements (REE) Property, collecting 426 geochemical samples and conducting extensive geological mapping, radiometric surveys, and a high‑resolution helicopter‑borne magnetic/radiometric survey.
  • Radiometric measurements revealed elevated counts (up to 2,700 cps) in granitic and pegmatitic zones, indicating potential REE enrichment; assay results are pending.
  • The company granted 200,000 stock options and 300,000 restricted share units under its equity incentive plan.

Key Details

  • Sampling Campaign: 251 soil samples, 10 sediment samples, 165 rock samples (including QA/QC blanks and duplicates).
  • Geological Mapping: Identified three lithological domains – Block A (granodiorite to granite), Block B (gneissic tonalite with northern granodiorite/granite), Block C (gneissic tonalite with northern granodiorite/granite).
  • Radiometric Survey Results:
  • Background gneissic tonalite: 60–80 cps (low).
  • Pink pegmatite bands within tonalite: 250–400 cps.
  • Granite/granodiorite units: 100–2,700 cps; highest values in pegmatitic zones.
  • Values >200‑300 cps considered anomalous; >500 cps deemed significant for REE follow‑up.
  • Helicopter‑Borne Survey: Completed high‑resolution magnetic and radiometric survey; final interpretation report pending to integrate with ground data for structural targeting.
  • Exploration Implications: Favorable host rocks (granite, granodiorite, pegmatite) combined with elevated radiometric responses suggest REE‑prospective geology; technical basis established for future assay evaluation and program planning.
  • Laboratory Analysis: Samples sent to AGAT Laboratories Ltd. (ISO/IEC 17025 accredited); assay results not yet released.
  • Equity Incentive Grants: 200,000 stock options and 300,000 restricted share units issued under the company’s equity incentive plan.
  • Qualified Person Review: Technical information reviewed and approved by Afzaal Pirzada, P.Geo., Director and Qualified Person (NI 43‑101).

Notable Quotes

“The completion of this field program represents an important milestone for Powermax at Atikokan. The scale and systematic nature of the work have generated a robust technical dataset that will support a comprehensive evaluation of the property's rare earth element and critical metals potential.” – Paul Gorman, CEO & Director

Read the original news release →

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