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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Drill Results

Powermax Minerals Reports Soil and Rock REE Results at Cameron Project, British Columbia

By The Northwire Desk — AI Analysis Mar 12, 2026 · 06:01 PMAX · 0.42 Powermax Minerals Inc.
PMAX · Price

Executive Summary

  • Powermax Minerals reports significant rare earth element (REE) anomalies from recent soil and surface rock sampling at the Cameron REE Property in British Columbia.
  • Soil TREO values range from 135 ppm to 2,840 ppm (average ~340 ppm); several samples exceed 400 ppm, with a peak of 2,840 ppm.
  • Surface rock grab samples return TREO values up to 741 ppm, with multiple samples above 100 ppm, confirming the presence of REE‑bearing pegmatite material.

Key Details

  • Sampling Coverage: Soil geochemical program over priority areas; surface rock prospecting of pegmatite exposures along Highway 23 corridor.
  • Soil Results:
  • TREO range: ~135 ppm – 2,840 ppm (average ≈340 ppm).
  • Highest soil sample: 2,840 ppm TREO.
  • Anomalous corridor >400 ppm extends >1 km north‑south, coincident with mapped pegmatites and historic thorium‑uranium occurrences.
  • Surface Rock Results:
  • TREO range: <36 ppm – 741 ppm.
  • Highest rock sample: 741 ppm TREO; additional high values between 526 ppm and 741 ppm.
  • Several samples >100 ppm TREO, indicating strong mineralization in bedrock pegmatite bodies.
  • Geological Context: NYF‑type pegmatites within the Monashee Group terrane; REE mineralization associated with shear zones and structurally controlled intrusions enriched in both LREE and HREE.
  • Exploration Implication: Strong correlation between soil anomalies, surface rock grades, and prior stream sediment data suggests a subsurface REE source amenable to future drilling.
  • Next Steps (CEO Statement): Focus upcoming exploration program on defining bedrock sources of the anomalies and advancing the most prospective targets toward drilling.
  • QA/QC: Samples processed by AGAT Laboratories Ltd. (ISO/IEC 17025:2017 accredited); field duplicates and laboratory QA/QC procedures applied.
  • Qualified Person: Afzaal Pirzada, P.Geo., Director & QP under NI 43‑101 reviewed the technical information.

Notable Quotes

“These results represent an important milestone in advancing the Cameron REE project. The strong correlation between soil geochemical anomalies and anomalous REE values from surface rock… indicates the potential for a pegmatite system prospective for REE mineralization on the property.” – Paul Gorman, CEO & Director

Read the original news release →

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