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PMET Resources Inc (ASX:PMT)

ALERT: Price-sensitive ASX Announcement for PMT
Current share price for PMT : $0.545 -0.12 (-18.05%)+
Announcement
Release
22 Jan 2026 9:16AM
Price at Release
$0.665
Full Release
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Summary
PMET Resources Inc announced significant results from its 2025 drill campaign at the Shaakichiuwaanaan Property, located in the Eeyou Istchee James Bay region of Quebec. The company reported wide and high-grade lithium intercepts, particularly from the Vega Zone, with notable results including 55.0 meters at 2.58% Li2O and 24.7 meters at 4.00% Li2O. A new high-grade, near-surface lithium-tantalum zone, named 'Helios', was discovered at the CV13 Pegmatite. Rigel Zone also showed promising results with high-grade lithium intercepts. The company completed 57,024 meters of diamond drilling in 2025, and while lithium and tantalum results for all holes have been reported, caesium assay results are pending. PMET is advancing its exploration with ongoing metallurgical testing and plans for further drilling, targeting lithium, caesium, and tantalum.
Key Points
  • Wide and high-grade lithium intercepts from Vega Zone.
  • Discovery of a new high-grade lithium-tantalum zone at CV13 Pegmatite.
  • High-grade lithium results from the Rigel Zone.
  • Completion of 57,024 meters of diamond drilling in 2025.
  • Pending caesium assay results.
  • Ongoing metallurgical testing and further drilling plans.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.