Powermax Minerals Inc. press release

MiningNewsBreaks - Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) Identifies Multiple Structurally Controlled REE Targets at Atikokan Property

2026-01-13

CSE - Canadian National Stock Exchange · Rare Earth Elements · Yttrium · Scandium · Thorium · Uranium · Barium · Copper · Lead · Zinc · Manganese · Niobium · Tantalum · Phosphate · Gold · Canada

MiningNewsBreaks – Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) Identifies Multiple Structurally Controlled REE Targets at Atikokan Property

2026-01-13 11:35:41 ET

This article has been disseminated on behalf of Powermax Minerals Inc. and may include paid advertising.

Powermax Minerals (CSE: PMAX) (OTCQB: PWMXF) announced interpretation results from a high-resolution helicopter-borne magnetic and radiometric survey completed over its Atikokan Rare Earth Element property in northwestern Ontario, identifying multiple structurally controlled REE exploration targets across Blocks A, B and C. The survey defined priority targets associated with favorable granitic and pegmatite host rocks, magnetic lows and elevated Thorium-to-Potassium ratios that act as effective total rare earth element proxies, with strong spatial correlations to lake-sediment geochemical anomalies.

The integrated geophysical and geochemical signatures collectively support a phosphate-rich NYF-type REE system enriched in rare earth elements, Thorium, Uranium and Yttrium, providing a strong technical foundation for advancing follow-up exploration. Target areas include structurally controlled corridors along altered intrusive margins in Block A and high-strain zones associated with granitic and pegmatitic intrusions in Blocks B and C, enabling the Company to prioritize specific zones for systematic and efficient next-phase fieldwork.

For more information: Atikokan Rare Earth Element property

About Powermax Minerals Inc.

Powermax Minerals Inc. is a Canadian mineral exploration company focused on advancing rare earth element projects. The Company holds an option to acquire the Cameron REE Property, comprising three mineral claims totaling approximately 2,984 hectares in British Columbia. Powermax also optioned to acquire the Atikokan REE Property, consisting of 455 unpatented mining claims in NW Ontario. Powermax also optioned to acquire the 5178 hectare Pinard REE in Northern Ontario. Powermax also owns a 100% interest in the Ogden Bear Lodge Project, in Crook County, Wyoming.

NOTE TO INVESTORS: The latest news and updates relating to PWMXF are available in the company’s newsroom at https://ibn.fm/PWMXF

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