Powermax Minerals (CSE: PMAX) (OTCQB: PWMXF) has commenced its 2026 exploration program at its 100%-owned Cameron Rare Earth Element ("REE") Project in British Columbia. The three-week program builds on encouraging findings from previous exploration campaigns and is designed to advance the project toward potential drilling.
The program will combine geological mapping and prospecting with rock, soil and stream sediment sampling, as well as ground radiometric surveys and integrated data analysis. These activities are intended to refine REE target corridors, identify potential bedrock sources, and prioritize areas for future trenching and first-pass drilling.
Earlier Phase 1 and 2 exploration at the Cameron Project identified enrichment of both light and heavy rare earth elements across multiple geological units. Soil samples returned total rare earth oxide (TREO) values of up to approximately 2,840 ppm, while surface rock samples reached 740 ppm. These results underscore the project's potential for significant rare earth mineralization.
The Cameron Project spans 2,984 hectares and benefits from access to established transportation infrastructure, which could facilitate future development. In addition to rare earths, the project is also prospective for niobium and other mineralization, adding to its economic appeal.
"We are excited to launch this comprehensive exploration program at Cameron," said a spokesperson for Powermax Minerals. "The previous results have given us strong indications of REE enrichment, and this program will help us zero in on the most promising targets for drilling."
The company holds an option to acquire the Cameron REE Property, which comprises three mineral claims. Powermax also holds options on the Atikokan REE Property and Pinard REE Property in NW Ontario, and owns a 100% interest in the Ogden Bear Lodge Project in Crook County, Wyoming.
The outcome of this 2026 exploration program will be critical in determining the next steps for the Cameron Project. If successful, it could pave the way for more detailed exploration and eventual development, contributing to the supply of critical minerals needed for technologies such as electric vehicles and renewable energy systems.
For investors and industry stakeholders, the progress at Cameron is a positive indicator of Powermax's commitment to advancing its REE portfolio. The company continues to position itself as a key player in the rare earth sector, which is increasingly important for global supply chains.
For more information on Powermax Minerals, visit the company's newsroom at https://nnw.fm/PWMXF.
