PMET Resources Stock Price, News & Analysis

PMET Resources (OTCQX:PMETF) reported results from its 2025 drill campaign at the Shaakichiuwaanaan Property on Dec 14, 2025, including multiple new lithium and caesium discoveries.

Key highlights: 57,024 m drilled in 2025 (results reported for 41,943 m); a Consolidated MRE of 108.0 Mt @ 1.40% Li2O (Indicated) and 33.4 Mt @ 1.33% Li2O (Inferred); Probable Reserve of 84.3 Mt @ 1.26% Li2O at CV5. Notable intercepts: 27.0 m @ 1.14% Li2O (CV4), 29.0 m @ 1.31% Li2O (CV12), and caesium hits up to 17.9% Cs2O (0.5 m).

PMET Resources (OTCQX: PMETF) filed an NI 43-101 technical report titled "CV5 Pegmatite Lithium-Only Feasibility Study NI 43-101 Technical Report – Shaakichiuwaanaan Project" with an Issue Date of November 14, 2025 and Effective Date of October 20, 2025. The report, prepared by G Mining Services with independent contributions from multiple technical firms, follows PMET's October 20, 2025 announcement of a positive lithium-only feasibility study on the CV5 pegmatite.

The Technical Report is filed on SEDAR+ and will be posted on the company's website; readers are urged to review the full report including all qualifications, assumptions, exclusions and risks related to mineral resources, reserves and life-of-mine planning.

PMET Resources (OTCQX: PMETF; TSX: PMET) agreed to acquire a 100% interest in the Pikwa Property from Azimut (OTCQX: AZMTF) and SOQUEM, expanding its James Bay land position west of Shaakichiuwaanaan.

The Pikwa package comprises 509 claims (~10 km) along a greenstone belt, bringing PMET's contiguous control to over 70 km across Shaakichiuwaanaan, Pikwa and Pontois. Targets include LCT pegmatites (Li-Cs-Ta), spodumene occurrences, orogenic gold and porphyry-style Cu-Au-Ag prospects.

Consideration: 841,916 PMET shares at a deemed $3.68/share plus two separate 1% NSR royalties. Closing is subject to TSX approval and customary conditions.

PMET Resources (OTCQX: PMETF) will host a live investor teleconference and webcast to discuss the lithium-only Feasibility Study results for the Shaakichiuwaanaan Project.

The presentation and Q&A will be delivered by President and CEO Ken Brinsden on Tuesday, 21 October 2025 at 8:00am AWST / 11:00am AEDT (Australian time) which is 8:00pm EDT on Monday, 20 October 2025 (Canadian time). Teleconference registration is provided for analysts and media; a simultaneous webcast is available for shareholders and retail investors. A recording and the investor presentation will be posted on the ASX Company Announcements Platform and at www.pmet.ca.

PMET Resources (OTCQX:PMETF) released a lithium-only Feasibility Study for the Shaakichiuwaanaan CV5 pegmatite in Eeyou Istchee, Quebec.

Key outcomes: Maiden Mineral Reserve of 84.3 Mt at 1.26% Li2O Probable (≈2.62 Mt LCE); nameplate ~800,000 tpa SC5.5 spodumene concentrate production for ~20 years; after-tax NPV8% ≈US$1.19B and IRR ≈18.1% at long-term price US$1,221/t; total development capital ≈CA$1,978M (≈CA$1,510M net of anticipated pre-production credits); competitive AISC ≈US$597/t. FID targeted in H2 2027; NI 43-101 technical report to be filed within 45 days.

PMETF (OTCQX: PMETF) announced bench-scale XRT ore‑sorting testwork at the CV13 pegmatite produced a marketable pollucite concentrate grading 11.9% Cs2O at 88% global recovery, comprised of two fractions: 20.0% Cs2O (12.5–25 mm) and 11.5% Cs2O (>25 mm). The reject streams remain coarse and contain recoverable spodumene (Li) and tantalite (Ta), enabling potential downstream DMS and gravity recovery.

Rigel + Vega at CV13 are reported as the largest known pollucite-hosted caesium pegmatite MRE: Indicated 693,000 t @ 4.40% Cs2O; Inferred 1,698,000 t @ 2.40% Cs2O. Next steps include larger-core testwork, XRT software optimization, spodumene/tantalite recovery trials, and evaluating caesium as a potential by/co-product.

PMET Resources (OTCQX: PMETF) has successfully produced marketable tantalite concentrates from the CV5 Deposit at Shaakichiuwaanaan Project, achieving 8.7% Ta2O5 at 45% global recovery (MC001) and 6.6% Ta2O5 at 49% global recovery (MC002) through bench-scale testwork.

The project hosts one of the largest tantalum pegmatite resources globally, with Indicated resources of 108.0 Mt at 166 ppm Ta2O5 and Inferred resources of 33.4 Mt at 155 ppm Ta2O5. The company plans to recover tantalum as a by-product from DMS waste streams using conventional methods, similar to other global lithium pegmatite operations.

A lithium-focused Feasibility Study for CV5 is expected to be released in 4-6 weeks, with a planned production capacity of up to 800ktpa of spodumene concentrate.

Patriot Battery Metals (TSX: PMET) held its Annual General Shareholder Meeting on September 16, 2025, in Montreal, where all proposed matters were approved by shareholders. The meeting saw participation representing 74,356,445 common shares, approximately 45.800% of the total issued and outstanding shares.

The meeting addressed matters outlined in the Company's Notice and Information Circular dated July 21, 2025. Detailed voting results, including director elections, have been filed on SEDAR+ and reported as required under ASX Listing Rule 3.13.2.

Patriot Battery Metals (TSX: PMET) has announced its corporate rebranding to PMET Resources Inc., reflecting its evolution as a diversified global critical minerals company. The company will retain its existing trading symbols on the Toronto Stock Exchange (PMET) and Australian Securities Exchange (PMT).

The rebranding aligns with the development of the Shaakichiuwaanaan Project in Canada, which is nearing completion of its Feasibility Study. The company's tagline will change from "North America's lithium powerhouse" to "North America's critical-mineral powerhouse," highlighting the project's diverse mineral portfolio including lithium, tantalum, caesium, and gallium.

The name change will take effect on September 18, 2025 on the Toronto Stock Exchange and September 19, 2025 on the ASX. The new CUSIP and ISIN numbers will be 73015G104 and CA73015G1046, respectively, with no impact on existing securities or requirement for shareholder action.