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PMET Commences 2026 Summer-Fall Drill Campaign at the Shaakichiuwaanaan Property

MONTREAL, May 21, 2026 /PRNewswire/ -- May 21, 2026 – Sydney, Australia

HIGHLIGHTS

  • Major 2026 summer-fall exploration campaign underway at the Shaakichiuwaanaan Property in Québec, Canada, comprising approximately 45,000 m of drilling.
  • The Shaakichiuwaanaan Camp has successfully reopened ahead of schedule, with critical restart activities now completed and exploration teams progressively remobilizing to site.
  • Drilling will focus on exploration, geotechnical, hydrogeological, and geological/resource data collection to support the Company's ongoing exploration and development workstreams.
  • Exploration and resource development initiatives anticipated to include:
    • Step-out and infill drilling at the CV13 Pegmatite; and
    • Follow-up drilling across the highly prospective CV5 – CV4 corridor, building on the strong 2025 results at CV4, which included 27.0 m at 1.14% Li 2 O (CV25-1013), and 12.0 m at 1.42% Li 2 O (CV25-1002B).
  • Development-focused drilling to support the engineering and feasibility programs, anticipated to include:
    • Approximately 25,000 m of drilling at the CV5 Pegmatite to support bulk sample design, updated Feasibility Study, and detailed engineering activities; and
    • Geotechnical, hydrogeological, and potential condemnation drilling over identified infrastructure sites adjacent to the CV13 Resource.
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