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PMET Resources Inc (ASX:PMT)

ALERT: Price-sensitive ASX Announcement for PMT
Current share price for PMT : $0.435 -0.1 (-18.69%)+
Announcement
Release
13 Jul 2026 8:37AM
Price at Release
$0.535
Full Release
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Summary
PMET Resources Inc reports successful bench-scale test results for caesium extraction, achieving over 97% recovery from pollucite concentrates sourced from the CV13 Pegmatite’s Vega Caesium Zone. Using XRT ore sorting, the company produced concentrates with Cs2O contents of 11.5% and 20.0% at an overall 88% recovery rate. The feasibility study for the lithium-only CV5 Pegmatite has been completed, and the company plans further exploration at the Shaakichiuwaanaan Property, focusing on lithium, caesium, and tantalum. The caesium extraction testwork, supported by SGS Canada and Koch Technology Solutions, aims to produce high-purity caesium chemical compounds with an initial focus on impurity removal and high caesium recovery. Further steps include developing gram-quantity samples of caesium derivatives.
Key Points
  • PMET Resources Inc achieved >97% caesium recovery from bench-scale testwork.
  • Pollucite concentrates were produced from the CV13 Pegmatite’s Vega Caesium Zone.
  • The testwork involved XRT ore sorting with recovery rates of 88%.
  • Feasibility Study for the CV5 Pegmatite (lithium-only) announced on October 20, 2025.
  • Further exploration to target lithium, caesium, and tantalum at Shaakichiuwaanaan Property.
  • SGS Canada and Koch Technology Solutions conducted caesium extraction testwork.
  • High-purity caesium chemical compounds production is a key goal.
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.