Powermax Minerals Advances Rare Earth Exploration Strategy with New Ontario Program and British Columbia Progress

Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) has announced a planned comprehensive Phase 1 exploration program at its newly optioned Pinard Rare Earth Element Project in northern Ontario, while simultaneously reporting the completion of Phase 2 fieldwork at its Cameron REE Project in British Columbia. These parallel developments represent a strategic expansion of the company's focus on rare earth elements at a critical juncture for global supply chains.

The Pinard Project encompasses 5,178 hectares across 255 contiguous claims in an area accessible by all-weather roads approximately 70 kilometers northeast of Kapuskasing, Ontario. The property is underlain by the Pinard Intrusive Complex, an alkalic to peralkalic geological system that shows similarities to other known REE-bearing formations. The Phase 1 program will integrate historical datasets with new fieldwork, including detailed mapping, systematic sampling, and airborne geophysical surveys designed to identify priority drill targets.

Concurrently, the company has completed its Phase 2 exploration program at the Cameron REE Project in British Columbia. This phase involved extensive fieldwork, and samples have been submitted to laboratories for analysis, with results pending. Both projects target both light and heavy rare earth elements, which are essential components in a wide range of modern technologies including permanent magnets for electric vehicles and wind turbines, defense systems, and consumer electronics.

The timing of this expanded exploration strategy coincides with significant market and geopolitical shifts. Global demand for rare earth elements is projected to triple by 2035, driven largely by the clean energy transition and technological advancement. Simultaneously, supply risks are increasing as China, which currently dominates both mining and processing, implements export controls. This has prompted North American policymakers to increase support for developing domestic and allied REE supply chains to ensure economic and national security.

By advancing exploration at two distinct Canadian properties, Powermax Minerals is positioning itself to potentially contribute to a more diversified and resilient North American rare earth supply. The company's news and updates are available in its newsroom at https://ibn.fm/PWMXF. The exploration initiatives underscore the growing importance of junior mining companies in identifying and developing the critical mineral resources required for a sustainable and secure technological future. The outcomes of these programs could have implications for investors in the mining sector, industries reliant on REEs, and broader efforts to build independent critical mineral supply chains outside of dominant single-source regions.