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PMET Resources Inc (ASX:PMT)

ALERT: Price-sensitive ASX Announcement for PMT
Current share price for PMT : $0.435 -0.29 (-40%)+
Announcement
Release
3 Jun 2026 8:16AM
Price at Release
$0.725
Full Release
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Summary
PMET Resources Inc, known for its exploration in critical minerals, has announced new high-grade discoveries of lithium, caesium, and tantalum pegmatite through surface exploration works at their properties in Quebec, Canada. The discoveries include the Cosma, Felix, and Drakkar pegmatite clusters, which expand the Mickel Trend to 10.5 km, indicating significant scale potential. These findings highlight the potential for PMET to become a key player in North American critical mineral production, focusing on lithium, caesium, and tantalum. Additional exploration efforts are planned for 2026, aiming to advance the company's mineral resource potential.
Key Points
  • New high-grade caesium pegmatite discovery at Shaakichiuwaanaan Property.
  • Emerging spodumene pegmatite discovery at Pontois Property.
  • New caesium pegmatite discovery at Pontax Property.
  • Shaakichiuwaanaan Property hosts one of the largest pegmatite mineral resources.
  • Planned follow-up exploration in 2026 for further resource assessment.
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.