Powermax Minerals Completes 2025 Field Program at Atikokan REE Property, Generating Substantial Dataset

Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) has completed its 2025 field exploration program at the Atikokan Rare Earth Elements property in northwestern Ontario, marking a significant technical milestone in the company's advancement of its REE-focused assets. The property is situated in the Atikokan–Ignace–White Otter Lake district, a region with established infrastructure and a history of mineral exploration, positioning the project favorably for continued development.

The field exploration program generated a substantial geological, geochemical, and radiometric dataset across multiple target areas, providing a comprehensive foundation for future exploration decisions. Geological mapping identified granitic and pegmatitic units considered favorable hosts for rare earth element mineralization, suggesting the property's geological framework supports the potential for economic REE deposits. Radiometric surveys returned elevated readings that warrant further investigation, indicating areas of heightened mineralogical interest that will be prioritized in subsequent exploration phases.

Pending assay results from 426 samples collected during the program are expected to provide critical geochemical data that will guide the company's next exploration steps. These results will help delineate specific mineralization zones and inform future drilling targets, potentially accelerating the project's advancement toward resource definition. The systematic exploration campaign, as detailed in the company's December 17, 2025 announcement, was designed to thoroughly evaluate the geological and geochemical potential of the Atikokan property through combined geological mapping, prospecting, and ground-based surveys.

The company's increasing progress aligns with rising investor focus on securing non-Chinese rare earth supply chains, as global demand for these critical minerals continues to grow across various high-tech and green energy applications. Rare earth elements are essential components in electric vehicles, wind turbines, consumer electronics, and defense technologies, making secure and diversified supply chains a strategic priority for many nations. Powermax Minerals' advancement of its Canadian REE projects contributes to North American efforts to develop domestic sources of these critical materials.

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The completion of this field program represents a concrete step forward in understanding the Atikokan property's potential, with the collected data serving as the foundation for informed decision-making regarding future exploration investments. As assay results become available and are analyzed, stakeholders will gain clearer insights into the property's mineralization characteristics and economic potential. This systematic approach to exploration demonstrates the company's commitment to methodically advancing its assets while contributing to the broader objective of developing secure, non-Chinese rare earth element supply chains that support technological innovation and sustainable energy transitions worldwide.