Welcome to our dedicated page for Powermax Mineral news (Ticker: PWMXF), a resource for investors and traders seeking the latest updates and insights on Powermax Mineral stock.
Powermax Minerals Inc. (OTCQB: PWMXF) is a Canadian mineral exploration company focused on rare earth element (REE) projects, and its news flow centers on technical and corporate developments across its portfolio. The company issues detailed updates on exploration programs at its optioned Cameron REE Property in British Columbia, the Atikokan REE Property in northwestern Ontario, and the Pinard REE Property in northern Ontario, as well as its 100% owned Ogden Bear Lodge Project in Wyoming.
Recent news releases describe the commencement and completion of multi-phase field programs, including geological mapping, prospecting, rock, soil, and sediment sampling, and radiometric surveys. Powermax also reports on integrated geoscientific interpretations that combine magnetic, gravity, radiometric, and geochemical datasets to delineate high-priority REE targets, particularly at the Atikokan and Cameron projects.
Investors following PWMXF news can expect updates on exploration milestones, such as Phase 1 and Phase 2 program results, identification of REE-enriched corridors, and the design of follow-up work. The company also discloses option agreement terms and milestone payments related to property acquisitions, including the Pinard Rare Earths Project, along with information on net smelter returns royalties and buyback rights.
This news page aggregates Powermax Minerals’ press releases so readers can track the progression of its rare earth exploration strategy, from initial data compilation and GIS modeling through fieldwork, geochemical analysis, and target prioritization. For those monitoring rare earth-focused exploration companies, the PWMXF news feed provides a centralized view of the company’s technical updates and corporate announcements.
Powermax (OTCQB: PWMXF) acquired a 100% interest in two contiguous mining claims (37 cells) adjoining Blocks B and C of its Atikokan REE project in northwestern Ontario, under a property purchase agreement dated January 30, 2026.
The claims host interpreted high-priority REE targets from 2025 airborne magnetic and radiometric surveys, with elevated Th/K ratios and phosphate-rich NYF-style signatures. Consideration paid was $3,000, subject to a vendor back-in right if option conditions are not met by August 31, 2028.
Powermax Minerals (OTCQB: PWMXF) reported Phase 2 stream sediment assay results from the Cameron REE Project, British Columbia, showing elevated LREO, HREO, and TREO across multiple drainage catchments. Reported ranges: LREO 178.6–47,980.5 ppm; HREO 49.0–9,537.3 ppm; TREO 227.7–57,517.8 ppm. Coherent multi‑element anomalies and consistent eTh/K ratios above 10 suggest Th‑bearing accessory minerals and proximal bedrock sources, highlighting priority targets for follow‑up mapping, soil sampling and potential trenching or drilling, subject to permitting.
Powermax Minerals (OTCQB: PWMXF / CSE: PMAX) completed its 2025 field exploration program at the Atikokan REE Property in northwestern Ontario on December 17, 2025.
The program collected 426 samples (251 soils, 10 sediments, 165 rocks) and combined geological mapping, prospecting, radiometric surveys and geochemical sampling. Mapping identified three lithological domains: granodiorite/granite and two gneissic tonalite domains, with granitic and pegmatitic units highlighted as prospective hosts for REE.
Field radiometric results ranged from background ~60–80 cps to local tonalite pegmatite highs ~250–400 cps and granite/pegmatite up to 2,700 cps. Samples were submitted to AGAT Laboratories (Calgary) for analysis; assay results and the final helicopter geophysics interpretation are pending.
Powermax (OTCQB: PWMXF) announced a Phase 1 exploration program for the recently optioned Pinard REE Project in northern Ontario on December 5, 2025. The 5,178 ha property lies ~70 km NNE of Kapuskasing and comprises 255 contiguous claims with all-weather road access.
The program will integrate historical datasets with new fieldwork and includes: desktop GIS compilation, prospecting and mapping, rock/soil/stream geochemical sampling, handheld radiometric surveys, and a helicopter-borne magnetic and gamma-ray survey to refine and prioritize targets for trenching and potential drilling.
Powermax Minerals (OTCQB: PWMXF / CSE: PMAX) completed its Phase 2 field program at the Cameron Rare Earth Element (REE) Project in Kamloops Mining Division, British Columbia on November 25, 2025. The program followed up Phase 1 and targeted Monashee Group lithologies (pegmatitic and gneissic units) known to host REE minerals including monazite, allanite, and xenotime.
Work included geological mapping, 29 rock samples, 100 soil samples, and 100 stream sediment samples submitted to Agat Laboratories (ISO/IEC 17025:2017) for REE analysis using the 201-380 metals package; select rock samples were assayed for gold and graphite. Results will refine the geochemical model and guide priority drill targeting.
Powermax Minerals (OTCQB: PWMXF) completed a high-resolution helicopter-borne magnetic and radiometric survey over the Atikokan REE Property on November 18, 2025. The program collected 1,409 line-km with 50 m line spacing and 500 m ties using an Astar 350BA+ at ~44 m terrain clearance.
Data were acquired, calibrated and processed to NRCan and IAEA standards; deliverables include digital databases, GeoTIFF maps and a 1:30,000 DTM (NAD83 UTM Zone 15N). Next steps: integrate results with historical mapping and sampling to define trenching and drill targets.
Powermax Minerals (OTCQB: PWMXF) completed initial Option Agreement milestone payments to acquire a 100% interest in the Pinard Rare Earths project, subject to a 1.5% NSR.
The company issued 160,000 common shares and paid CAD $18,000 on the effective date; total consideration under the option is 320,000 shares and CAD $90,000 over three years. Powermax can buy down the NSR to 1.0% for CAD $500,000. The Pinard property covers 5,178 ha in northern Ontario and is hosted in an alkaline intrusive complex.
Powermax Minerals (OTCQB: PWMXF) reported an integrated geoscientific desktop study on its Atikokan REE Property (9,416 ha) that delineated a NE–SW REE corridor along the White Otter Batholith–Dashwa Gneiss contact. OGS lake-sediment TREE values in Blocks B and C range from 254–1,947 ppm (mean ≈ 616 ppm), coincident with low gravity, subdued magnetics, and elevated Th/K and Th/U ratios. Block A shows TREE 339–1,111 ppm (mean ≈ 570 ppm) in low-gravity, low-magnetic corridors.
Powermax has started high-resolution airborne MAG/RAD surveys (≤100 m line spacing), detailed mapping and systematic surface sampling to prioritize drill-ready targets in Blocks B and C.
Powermax Minerals (OTCQB: PWMXF) entered an option agreement to acquire a 100% interest in the Pinard Rare Earths Project in northern Ontario, comprising 255 contiguous mining claims totaling 5,178 ha, subject to a 1.5% NSR (reducible to 1.0% for $500,000).
The Option requires cash and share payments totaling $90,000 and 320,000 common shares over three years, and Phase 1 exploration will include desktop GIS modeling, prospecting, rock/soil/stream sampling, radiometric surveys, and a helicopter-borne airborne geophysical survey. Closing is subject to CSE approval and customary conditions.
Powermax Minerals (OTCQB: PWMXF) has started a Phase 2 exploration program at the Cameron Rare Earth Element (REE) Project in the Kamloops Mining Division, British Columbia.
Phase 2 follows Phase 1 assays that confirmed REE mineralization across the property with TREE values from 17 ppm to 1,943 ppm and heavy mineral concentrate results up to 7,561 ppm. Work will include mapping, systematic rock sampling, stream sediment and soil surveys, and integration of geological, geochemical and geophysical data into GIS to refine drill targets. Fieldwork is underway and expected to take approximately 2–3 weeks, weather permitting.
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