Disseminated on behalf of Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid advertising.
Powermax Minerals (CSE: PMAX) (OTCQB: PWMXF) continued expanding its rare earth element (“REE”) exploration portfolio in November, completing its initial milestone payment and share issuance toward the acquisition of the Pinard Rare Earths Project in northern Ontario. “Its geology centers on the Pinard Intrusive Rock Complex, an alkaline system featuring nepheline syenites, trachytes and peralkaline granites, rock types that frequently host REE-bearing mineralization… The company confirmed the transaction in a November 13 update, marking progress on a multi-year option agreement that could ultimately give Powermax full ownership of the 5,178-hectare property,” reads a recent article. The piece further discusses the company’s efforts to advance four REE projects across Canada and the United States.
“Days before the Pinard announcement, Powermax released new results from an integrated geoscientific study of its flagship Atikokan REE Property in northwestern Ontario. The study, led by geophysicist Shahab Tavakoli, combined regional magnetic, gravity, and radiometric datasets with deep lake-sediment geochemistry from the Ontario Geological Survey… The analysis identified several zones of REE enrichment across the project’s three claim blocks totaling 9,416 hectares. Of particular interest is a corridor of anomalous TREE values along the contact between the White Otter Batholith and the Dashwa Gneissic Suite, a setting characterized by steep structural fabrics and reactive lithologies.”
To view the full article, visit https://ibn.fm/0qdsh
About Powermax Minerals Inc.
Powermax Minerals is a Canadian mineral exploration company, holding options to acquire prospective REE (rare-earth element) opportunities at the Cameron REE property, located in British Columbia, as well as the Atikokan and Pinard REE properties, located in Ontario. Powermax also owns 100% interest in the Ogden Bear Lodge REE project located in Crook County, Wyoming.
NOTE TO INVESTORS: The latest news and updates relating to PWMXF are available in the company’s newsroom at https://ibn.fm/PWMXF
About InvestorWire
InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 75+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.
For more information, please visit https://www.InvestorWire.com
Please see full terms of use and disclaimers on the InvestorWire website applicable to all content provided by IW, wherever published or re-published: https://www.InvestorWire.com/Disclaimer
InvestorWire
Austin, Texas
www.InvestorWire.com
512.354.7000 Office
[email protected]
InvestorWire is powered by IBN