Disseminated on behalf of Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid advertising.
- Powermax recently commenced its 2026 exploration program at its Cameron REE Project, building on encouraging results from previous exploration and intended to guide the company’s next phase of exploration
- The program is designed to integrate geological mapping, geochemical sampling, and targeted geophysical surveys, to better define and prioritize exploration targets
- The company’s earlier exploration at the property revealed consistent enrichment of both light and heavy rare earth elements across multiple lithological units
- The three-week field program has been designed to follow up encouraging results from previous stream sediment, soil, and rock geochemical surveys
Powermax Minerals (CSE: PMAX) (OTCQB: PWMXF), a Canadian mineral exploration company, recently announced that it had commenced its 2026 exploration program at its 100%-owned Cameron Rare Earth Element (“REE”) project located in the Kamloops Mining Division of British Columbia. The three-week program is a follow-up to the encouraging results from previous stream sediment, soil, and rock geochemical surveys, which were conducted as part of the company’s Phase 2 exploration program at the property (https://nnw.fm/O1hKB).
The 2026 exploration program will be conducted using road-supported access and limited, supplementary helicopter support where necessary. It will include detailed geological mapping and prospecting, selective rock sampling, infill soil sampling, additional stream sediment sampling, ground radiometric sampling, and the integration of datasets into a comprehensive target ranking model to support future trenching and first-pass drill planning.
This program aims to refine the location and continuity of previously identified REE target corridors; better define potential bedrock sources responsible for anomalous stream sediments and soil geochemistry; improve geological understanding of pegmatite-hosted REE mineralization; and integrate geological, geochemical, and radiometric information to prioritize targets for follow-up trenching and drill testing.
“We are pleased to commence this important 2026 exploration program at the Cameron REE Project. Building on encouraging results from previous exploration, this program has been designed to integrate geological mapping, geochemical sampling and targeted geophysical surveys to better define and prioritize exploration targets. We look forward to completing the program and using the results to guide the next phase of exploration,” commented Paul Gorman, CEO of Powermax Minerals.
The Cameron REE Property is a 2,984-hectare project located strategically within a tier-1 mining jurisdiction. It boasts world-class infrastructure, with Canada’s Highway 23 traversing the property and connecting to the Trans-Canada Highway 1 30 kilometers to the north. The project contains three contiguous mining claims whose historic exploration shows potential REE, niobium, and other mineralization.
Phase 1 and Phase 2 Exploration Programs
Powermax Minerals completed its Phase 1 exploration, which confirmed the presence of light rare earth element (“LREE”) and heavy rare earth element (“HREE”) mineralization across the property. The Phase 1 results showed total REE (“TREE”) values ranging from 17 ppm to 1,943 ppm, while the heavy mineral concentrates samples had TREE values ranging from 365 ppm to 7,561 ppm. The results also showed consistent enrichment of both LREEs and HREEs across multiple lithological units, with LREEs being more abundant than HREEs.
These results encouraged the company to commence its Phase 2 exploration program in October 2025. The Phase 2 program’s objectives included geological mapping and systematic rock sampling, additional stream sediment and soil geochemical surveys, and the integration of geological, geochemical, and geophysical datasets in a GIS platform to refine and prioritize drill targets (https://nnw.fm/9tzS9).
The soil geochemical sampling program returned total rare earth oxide (“TREO”) values ranging between approximately 135 ppm and 2,840 ppm, while the surface rock samples returned TREO values ranging from 36 ppm to 740 ppm (https://nnw.fm/qfSLo). Moreover, the results from the stream sediment sampling showed elevated light rare earth oxides (“LREOs”), heavy rare earth oxides (“HREOs”) and TREO (https://nnw.fm/WBHGW). By completing these programs and reporting the results, the company is taking important steps to systematically advance the project, which could add significant value for its shareholders.
Exploration Target Cautionary Statement
The exploration targets discussed are conceptual, and there is currently not enough data to confirm a mineral resource. Further exploration may not yield successful results.
For more information, visit the company’s website at www.PowermaxMinerals.com.
NOTE TO INVESTORS: The latest news and updates relating to PWMXF are available in the company’s newsroom at https://nnw.fm/PWMXF
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