This article has been disseminated on behalf of Powermax Minerals Inc. and may include paid advertising.
Powermax Minerals (CSE: PMAX) (OTCQB: PWMXF) (FSE: T23) has commenced high-resolution helicopter-borne geophysical surveys and field exploration programs at its Pinard and Hopkins rare earth element (“REE”) properties in Ontario. The airborne programs, being conducted by Geo Data Solutions GDS Inc., will collect magnetic, radiometric spectrometric and VLF-EM data designed to help identify geological structures, alteration patterns, radiometric anomalies and other features prospective for REE mineralization. The Pinard survey is planned to cover approximately 1,319 line-kilometres, while the Hopkins program will span approximately 1,623 line-kilometres across the Hopkins West and Hopkins East survey blocks.
(Source: Geo Data Solutions GDS Inc. survey specifications prepared for Powermax Minerals Inc.)
In parallel with the airborne work, Powermax has initiated field prospecting, geological mapping and sampling programs at both properties. The company said results from the geophysical surveys and field exploration activities will be integrated with existing geological information to prioritize targets for follow-up exploration. CEO Paul Gorman said the combination of high-resolution geophysical data and field-based exploration is expected to provide a strong technical foundation for advancing the company’s Ontario REE portfolio and guiding the next phase of exploration.
(Source: Geo Data Solutions GDS Inc. survey specifications prepared for Powermax Minerals Inc.)
To view the full press release, visit https://ibn.fm/PHKtG
About Powermax Minerals Inc.
Powermax Minerals Inc. is a Canadian mineral exploration company focused on advancing rare earth element projects. The Company holds an option to acquire the Cameron REE Property, comprising three mineral claims totaling approximately 2,984 hectares in British Columbia. Powermax also optioned to acquire the Atikokan REE Property, consisting of 455 unpatented mining claims in NW Ontario. Powermax also optioned to acquire the 5178-hectare Pinard REE in Northern Ontario. Powermax also owns a 100% interest in the Ogden Bear Lodge Project, 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
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