Record-Breaking Caesium Intercepts at PMET's Vega Zone Highlight Mineral Potential
In a groundbreaking announcement on February 4, 2026, PMET Resources Inc. unveiled exceptional caesium intercepts from its exploration at the Vega Zone located within the Shaakichiuwaanaan Property in Quebec, Canada. The highlights included a remarkable array of results showcasing the property’s potential, with the widest and highest-grade caesium intercepts reported to date.
The flagship result featured a substantial 28.0 meters at 8.05% Cs2O, further broken down into an impressive 18.3 meters at 11.84% Cs2O from drill hole CV25-948. Additionally, exploratory drilling identified significant intercepts of 18.2 meters at 7.13% Cs2O inclusive of 3.0 meters at 23.63% Cs2O (CV25-1023) and an eye-popping 5.5 meters at 14.83% Cs2O, including a peak grade of 2.2 meters at 26.48% Cs2O from CV25-1006, marking it as one of the highest-grade samples of caesium ever reported. This sample even surpassed previously delineated values, reaching a whopping 29.79% Cs2O at a depth that demonstrates the potency of the mineralization.
Darren L. Smith, Executive Vice President of Exploration at PMET, expressed optimism regarding these findings, stating that the ongoing exploration campaign demonstrates the substantial promise of the Shaakichiuwaanaan property. This drill campaign not only confirmed caesium presence at previously identified zones, including the newly discovered Helios Zone, but also expanded the interpreted footprint of the caesium mineralization at the Vega Zone. With such high-grade intercepts emerging, the company is poised to elevate shareholder value through strategic advancements in the caesium sector.
The Shaakichiuwaanaan area is recognized for being one of the most significant lithium-tantalum pegmatite mineral resources globally. It also hosts the world's largest in-situ pollucite-hosted caesium deposit, illustrating the area's critical mineral potential and reliability. The cumulative resources, estimated at 0.69 Mt at 4.40% Cs2O (indicated) and 1.70 Mt at 2.40% Cs2O (inferred), further illustrates the potential yield of this exploration initiative.
The historical context of these findings extends beyond merely new discoveries; they highlight a significant commitment toward the future of caesium extraction and utilization. The presence of multiple intercepts grading above 25% Cs2O has powerful implications for the future mining operations and economic viability of the project as industry demands for critical minerals continue to rise.
Moreover, an updated Feasibility Study on the property is anticipated, targeting lithium production with a robust plan for caesium and tantalum extraction as well. Given the accessibility of the Shaakichiuwaan property, which is located near substantial infrastructural support, the future looks bright for PMET, according to Smith’s assessment. As the geological team diligently analyzes ground data and works towards an updated resource estimate, PMET anticipates the caesium results for additional drill holes to further substantiate the promise lying within this mineral-rich domain.
In summary, the achievements of PMET Resources Inc. at the Vega Zone have not only set a new benchmark in caesium mineralization but also carry significant implications for mineral development strategies, further positioning the company as a key player in the critical mineral sector. With the urgency for these resources becoming increasingly apparent, PMET is well on track to meet the emerging demands on a global scale, aiming for a transformative impact within the industry.