Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) has initiated helicopter-borne geophysical surveys and field exploration at its Pinard and Hopkins rare earth element properties in Ontario, the company announced. The program combines magnetic, radiometric and VLF-EM surveys with geological mapping, prospecting and surface sampling to improve geological understanding and identify potential targets for follow-up exploration and drilling.
Although the airborne data has not yet been processed or interpreted, Powermax expects to integrate the results with field exploration findings to refine future exploration priorities. This work advances the company’s broader rare earth portfolio across Canada and the United States amid growing demand for critical minerals used in electric vehicles, renewable energy, advanced manufacturing and defense technologies.
Powermax Minerals 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 has options to acquire the Atikokan REE Property and Pinard REE Property in NW Ontario. Additionally, Powermax owns a 100% interest in the Ogden Bear Lodge Project in Crook County, Wyoming.
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