Powermax kicks off Phase‑1 exploration on Pinard REE project

Powermax Minerals Inc. (CSE: PMAX; OTCQB: PWMXF; FWB: T23) has unveiled a Phase 1 exploration program for its newly optioned Pinard Project — a rare‑earth‑element (REE) property in northern Ontario. The Pinard REE Property spans some 5,178 hectares, defined by 255 contiguous mining claims about 70 km north‑northeast of Kapuskasing, accessible via all‑weather road. Phase 1 is a hybrid program, combining historical data with fresh fieldwork to refine target areas for follow-up work. Steps include: desktop compilation and GIS modelling of all available geological, geophysical and geochemical datasets; systematic field prospecting and detailed geological mapping; multi‑media geochemical sampling (rock, soil, stream sediments); handheld radiometric (scintillometer) surveys; and a high‑resolution airborne magnetic and gamma‑ray spectrometric survey over key parts of the property. The target geological setting — the Pinard Intrusive Complex — is an alkalic to peralkalic igneous body (syenitic to granitic phases), similar in character to other alkaline plutonic REE‑bearing systems in the southern Archean Superior Province. Regionally, Pinard shares tectonomagmatic affinities with the nearby Clay‑Howells Alkaline Complex (about 20 km to the southwest), known for a niobium‑REE mineralized system. These geological features make Pinard a promising target for rare‑earth exploration. According to CEO Paul Gorman, the company’s systematic approach — overlaying historic data with modern exploration techniques — aims to efficiently generate and prioritize “high‑quality targets” for potential trenching and drilling in later phases. All technical information in the release has been reviewed and approved by qualified geologist Afzaal Pirzada under the standards of NI 43‑101. #Powermax #PinardProject #RareEarths #MiningNews #SlimScan #GrowthStocks #CANSLIM