PMET Resources Files NI 43-101 Technical Report on the CV5 Lithium-Only Feasibility Study on its Shaakichiuwaanaan Project
Press Release
PMET Resources Inc. (the “Company” or “PMET”) (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce it has filed on SEDAR+ a technical report (the “Technical Report”), prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). The Technical Report is titled “CV5 Pegmatite Lithium-Only Feasibility Study NI 43-101 Technical Report – Shaakichiuwaanaan Project”, with an Issue Date of November 14, 2025, and Effective Date of October 20, 2025. The filing follows the October 20, 2025, news release by the Company announcing a positive lithium-only Feasibility Study (“FS”) on the CV5 Pegmatite outlining the potential for a large-scale mining operation at the Shaakichiuwaanaan Project.
The Technical Report has been prepared by G Mining Services Inc., with contributions from Primero Group Americas Inc., AtkinsRéalis Group Inc., BBA Inc., Paterson & Cooke Canada Inc., Vision Geochemistry Ltd., Alius Mine Consulting, WSP Global Inc., Mailloux Hydrogéologie and GCM Expert, each consulting groups independent of the Company, in accordance with NI 43-101.
The report is available on SEDAR+ and will be available shortly thereafter on the Company’s website. Readers are encouraged to read the FS Technical Report in its entirety, including all qualifications, assumptions, exclusions and risks that relate to the Mineral Resource, Mineral Reserve, and life of mine plan. The FS Technical Report is intended to be read as a whole, and sections should not be read or relied upon out of context.
About PMET Resources Inc.
PMET Resources Inc. is a pegmatite critical mineral exploration and development company focused on advancing its district-scale 100%-owned Shaakichiuwaanaan Property located in the Eeyou Istchee James Bay region of Quebec, Canada, which is accessible year-round by all-season road and proximal to regional hydro-power infrastructure.
In late 2025, the Company announced a positive lithium-only Feasibility Study on the CV5 Pegmatite (the “Feasibility Study”) and declared a maiden Mineral Reserve of 84.3 Mt at 1.26% Li2O (Probable)[1]. The study outlines the potential for a competitive and globally significant high-grade lithium project targeting up to ~800 ktpa spodumene concentrate using a simple Dense Media Separation (“DMS”) only process flowsheet. Further, the results highlight Shaakichiuwaanan as a potential North American critical mineral powerhouse with significant opportunity for tantalum and caesium in addition to lithium.
The Project hosts a Consolidated Mineral Resource[2] totalling 108.0 Mt at 1.40% Li2O and 166 ppm Ta2O5 (Indicated), and 33.4 Mt at 1.33% Li2O and 155 ppm Ta2O5 (Inferred), and ranks as the largest[3] lithium pegmatite resource in the Americas, and in the top ten globally. Additionally, the Project hosts the world’s largest pollucite-hosted caesium pegmatite Mineral Resource at the Rigel and Vega zones with 0.69 Mt at 4.40% Cs2O (Indicated), and 1.70 Mt at 2.40% Cs2O (Inferred).
For further information, please contact us at info@pmet.ca or by calling +1 (604) 279-8709, or visit www.pmet.ca. Please also refer to the Company’s continuous disclosure filings, available under its profile at www.sedarplus.ca and www.asx.com.au, for available exploration data.
This news release has been approved by
“KEN BRINSDEN”
Kenneth Brinsden, President, CEO, & Managing Director
Olivier Caza-Lapointe
Head, Investor Relations
T: +1 (514) 913-5264
E: ocazalapointe@pmet.ca
IBF4
