Powermax Minerals Identifies High-Potential REE Targets in Ontario

Powermax Minerals Inc. (CSE: PMAX, OTCQB: PWMXF, FSE: T23), a Canadian mineral exploration company, has announced promising results from its Atikokan Rare Earth Elements property in Ontario. The company's integrated geochemical and geophysical analysis has identified priority exploration targets within the Dashwa Gneiss Complex, supported by significant anomalies in rock, soil, and sediment samples. The findings reveal structurally controlled rare earth mineralization associated with thorium and uranium signatures, with total rare earth oxide (TREO) values reaching up to 615.8 parts per million in soils and 503.3 ppm in rock samples. These results are guiding follow-up exploration as Powermax advances a geological model targeting concentrated REE zones along shear corridors and lithological contacts, marking a significant step in developing this critical mineral resource.

Beyond the Atikokan property, Powermax Minerals maintains a diverse portfolio of rare earth element projects across North America. The company holds an option to acquire the Cameron REE Property in British Columbia, comprising approximately 2,984 hectares, and has also optioned to acquire the Pinard REE property in Northern Ontario, spanning 5,178 hectares. Additionally, Powermax owns a 100% interest in the Ogden Bear Lodge Project in Crook County, Wyoming. This strategic positioning across multiple jurisdictions demonstrates the company's commitment to building a substantial presence in the rare earth elements sector, which is increasingly vital for modern technologies and green energy solutions.

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