InvestSMART

PMET Resources Inc (ASX:PMT)

ALERT: Price-sensitive ASX Announcement for PMT
Current share price for PMT : $0.435 -0.225 (-34.09%)+
Announcement
Release
22 May 2026 8:16AM
Price at Release
$0.660
Full Release
download
Summary
PMET Resources Inc. has announced the commencement of its 2026 summer-fall drilling campaign at the Shaakichiuwaanaan Property in Quebec, Canada. The campaign will involve approximately 45,000 meters of drilling, focusing on exploration, geotechnical, hydrogeological, and geological/resource data collection. The campaign aims to support ongoing exploration and development workstreams, including step-out and infill drilling at the CV13 Pegmatite and follow-up drilling in the CV5-CV4 corridor. This initiative is designed to expand exploration targets and advance the CV5 and CV13 areas towards production. The campaign is part of PMET's strategy to gather necessary geological and engineering data for future studies, permitting, and development milestones.
Key Points
  • 2026 summer-fall exploration campaign at Shaakichiuwaanaan Property.
  • Approximately 45,000 meters of drilling planned.
  • Focus on exploration, geotechnical, hydrogeological, and geological/resource data collection.
  • Includes step-out and infill drilling at CV13 Pegmatite.
  • Follow-up drilling across the CV5-CV4 corridor.
  • Part of strategy to expand exploration targets and advance CV5 and CV13 towards production.
  • Aims to collect data for future study, permitting, and development milestones.
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.