Powermax Minerals is pleased to announce that it has commenced a high-resolution helicopter-borne magnetic and gamma-ray spectrometric survey over the Company's Atikokan REE Properties. Powermax has engaged Geo Data Solutions GDS of Laval, to conduct the survey. The program will cover approximately 1,388 line-km with 100 m traverse line spacing and 500-metre tie lines, utilizing an AS350 BA+ helicopter, a Geometrics [...]
Powermax Minerals is pleased to announce the commencement of its 2025 exploration program at the Atikokan Property. The Atikokan Property comprises three claim block covering a total of approximately 7,120 ha. The property is underlain by Archean granodiorite-granite, tonalite, diorite-monzodiorite, and gneissic complexes that are known to host pegmatites and rare-metal mineralization, including rare earth elements [...]
Powermax Minerals is pleased to announce that it intends to complete a non-brokered private placement of up to 1,315,789 units, at a price of $0.76 per Unit, and of up to 1,388,888 flow-through units, at a price of $0.90 per FT Unit, for aggregate gross proceeds of up to $2,250,000. Each Unit is to be comprised of one common share and one common share purchase warrant, with each Warrant exercisable into one common share [...]