#Canada #Montreal #Shaakichiuwaanaan #Lithium #PMET Resources

Major Lithium Discoveries at Shaakichiuwaanaan Project

A remarkable advancement has occurred at the Shaakichiuwaanaan Project, located in the Eeyou Istchee James Bay region of Quebec. PMET Resources Inc. recently reported extensive lithium intercepts from infill drilling at the Vega Zone, alongside an exciting new discovery at CV13. These results position the project prominently within the rapidly evolving landscape of lithium mining and development.

Key Highlights from Recent Drilling Studies

The ongoing exploration revealed a variety of high-grade lithium intercepts: 55.0 meters grading 2.58% Li2O, including 29.9 meters at 4.11% Li2O from hole CV25-1006. Additional notable results include 24.7 meters at 4.00% Li2O (CV25-1017A) and significant intervals from several other drill holes, each presenting promising lithium grades. The findings assert the potential for Shaakichiuwaanaan to emerge as a critical mineral powerhouse in North America.

Introduction of the Helios Zone

A significant highlight of the recent drilling campaign was the discovery of the new high-grade lithium-tantalum zone named the Helios Zone at CV13. Key results from this zone include 8.8 meters at 2.97% Li2O, featuring 5.4 meters at 4.60% Li2O, combined with other impressive intervals indicating substantial mineral potential.

Rigel Zone Findings

In addition to the new findings at Helios, further assessments at the Rigel Zone during infill drilling yielded notable lithium assays, reinforcing the overall viability of the project. For instance, drill hole CV25-919 demonstrated an impressive 11.5 meters at 2.87% Li2O.

Historical Context and Future Outlook

The Shaakichiuwaanaan Project is part of a strategic thrust towards developing alternative energy sources, highlighting lithium as a significant mineral for battery technology and renewable energy storage solutions. The ongoing work aligns with global trends emphasizing the transition towards electric vehicles and other technologies that rely heavily on lithium resources.

PMET Resources has undertaken an extensive drilling campaign throughout 2025, totaling 57,024 meters across 245 holes, with results from 173 of those holes previously disclosed in December 2025. As additional assays for caesium remain pending, the excitement surrounding this project continues to build as the geological team refines models based on the latest findings.

Strategic Implications

The strategic importance of lithium underscores not only the current findings at the Shaakichiuwaanaan Project, but also raises questions about potential expansions and further drilling initiatives aimed at harnessing and maximizing the project's resource base. PMET Resources is prepared for a forward-thinking approach to realize the potential of these mineral assets, capitalizing on emerging trends in the battery market.

Conclusion

The recent discoveries at the Shaakichiuwaanaan Project manifest a significant leap forward in lithium exploration. As such, PMET Resources continues its work with ambition, striving to position itself as a cornerstone contributor to North America's lithium supply chain. Investors and stakeholders will be watching closely as the project progresses in 2026 with new technology, ongoing drilling, and potential environmental improvements. PMET seems to be on a path to confirm its standing as a leader in the competitive landscape of lithium production, critical for the future of sustainable energy solutions.