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PMET Resources Inc (ASX:PMT)

ALERT: Price-sensitive ASX Announcement for PMT
Current share price for PMT : $0.475 0.04 (9.20%)+
Announcement
Release
9 Oct 2025 9:30AM
Price at Release
$0.435
Full Release
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Summary
PMET Resources Inc has successfully produced marketable commercial-grade pollucite concentrates from initial testwork at the Vega Caesium Zone within the CV13 Pegmatite, part of the Shaakichiuwaanaan Project in Quebec, Canada. The testwork utilized XRT ore sorting to achieve high recovery rates of caesium, with reject materials still containing lithium and tantalum, which can be recovered using conventional methods. The project is highlighted as having the largest pollucite-hosted caesium pegmatite Mineral Resource globally. The Company plans further testwork to optimize the recovery processes and has initiated various studies to advance towards economic viability.
Key Points
  • Successful production of marketable pollucite concentrates from CV13 Pegmatite.
  • High recovery of caesium using XRT ore sorting.
  • Reject materials contain lithium and tantalum for further recovery.
  • Project located in Quebec, Canada, accessible year-round.
  • Shaakichiuwaanaan Project hosts largest pollucite-hosted caesium pegmatite Mineral Resource.
  • Further testwork and studies planned to optimize recovery processes.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.