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PMET Resources Inc (ASX:PMT)

ALERT: Price-sensitive ASX Announcement for PMT
Current share price for PMT : $0.420 -0.035 (-7.69%)+
Announcement
Release
19 Mar 2026 9:14AM
Price at Release
$0.455
Full Release
download
Summary
PMET Resources Inc. has announced the widest caesium drill intercept to date at the Helios Caesium Zone, part of their 2025 drilling campaign at the Shaakichiuwaanaan Property. The significant findings include a 4.9-meter interval at 3.65% Cs2O, including a portion with 6.14% Cs2O, and a separate intercept of 0.5 meters at 6.28% Cs2O. These results indicate the presence of a new mineralized lens north of the Vega Zone. The company completed a total of 57,024 meters of drilling across 245 holes in 2025, with all results now accounted for. The findings support further exploration and an updated feasibility study, focusing on lithium, caesium, and tantalum at the property, which hosts the world's largest in-situ pollucite-hosted caesium pegmatite mineral resource.
Key Points
  • Widest caesium drill intercept to date at Helios Zone
  • 4.9 meters at 3.65% Cs2O including 1.7 meters at 6.14% Cs2O
  • 0.5 meters at 6.28% Cs2O
  • New mineralized lens north of the Vega Zone
  • Completed 57,024 meters of drilling in 2025
  • Focus on lithium, caesium, and tantalum
  • World's largest in-situ pollucite-hosted caesium pegmatite resource
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.