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Wide, High-Grade Lithium Intercepts at Vega Zone, and New High-Grade Discovery at CV13

prnewswire
01/22

MONTREAL, Jan. 22, 2026 January 22, 2026 – Sydney, Australia

Highlights
  • Wide and high-grade lithium intercepts from Vega Zone infill drilling:
    • 55.0 m at 2.58% Li2O including 29.9 m at 4.11% Li2O (CV25-1006).
    • 24.7 m at 4.00% Li2O including 7.0 m at 6.04% Li2O (CV25-1017A).
    • 31.2 m at 2.07% Li2O including 1.1 m at 7.32% Li2O (CV25-1023).
    • 20.6 m at 3.31% Li2O including 8.8 m at 5.02% Li2O (CV25-1024).
    • 49.7 m at 2.08% Li2O including 4.0 m at 5.16% Li2O (CV25-1016).
    • 40.1 m at 1.97% Li2O including 9.3 m at 3.66% Li2O (CV25-948).
    • 22.1 m at 2.31% Li2O including 9.0 m at 4.18% Li2O (CV25-1010).
  • New high-grade, near surface lithium-tantalum zone discovered ("Helios") at the CV13 Pegmatite:
    • 8.8 m at 2.97% Li2O including 5.4 m at 4.60% Li2O (CV25-984).
    • 6.4 m at 2.61% Li2O including 4.1 m at 3.94% Li2O (CV25-977).
    • 18.4 m at 1.19% Li2O including 6.9 m at 2.49% Li2O (CV25-986).
  • High-grade lithium intercepts from Rigel Zone infill drilling:
    • 11.5 m at 2.87% Li2O including 6.9 m at 4.40% Li2O (CV25-919).
    • 15.0 m at 1.15% Li2O including 7.9 m at 2.15% Li2O (CV25-913).
  • Additional well-mineralized lithium drill intercepts at the CV4 Pegmatite:
    • 15.0 m at 1.07% Li2O (CV25-985).
    • 12.0 m at 1.42% Li2O (CV25-1002B).
    • 7.0 m at 2.00% Li2O (CV25-961A).
  • A total of 57,024 m (245 holes) of diamond drilling was completed in 2025 with results for lithium and tantalum for the remaining 15,081 m (72 holes) reported in this announcement:
    • Core assay results for caesium are pending for CV13 with overlimit1 analysis triggered for multiple holes, including the newly discovered Helios Zone.

Darren L. Smith, Executive Vice President Exploration, comments: "This batch of results from the 2025 drill campaign at Shaakichiuwaanaan include the best lithium intercepts reported to date from the high-grade Vega Zone and from the Property overall. The abundance of spodumene mineralization in these drill holes at Vega is among the strongest to have ever been reported globally. Moreover, discoveries beyond Vega continue to be made with the identification of a new high-grade lithium zone ("Helios") at CV13."

"Results for caesium, including multiple holes with overlimits triggered, are pending. We eagerly await these final assays and will announce results once they have all been received and compiled," added Mr. Smith.

/PRNewswire/ -- PMET Resources Inc. (the "Company" or "PMET") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce lithium and tantalum assay results for all remaining holes from its extensive 2025 drill campaign at the Company's wholly-owned Shaakichiuwaanaan Property (the "Property" or "Project"), located in the Eeyou Istchee James Bay region of Quebec.

Continue Reading
Figure 1: Drill holes completed through 2025 at the Shaakichiuwaanaan Property.
Figure 2: Massive spodumene in drill hole CV25-1016 from the Vega Zone at the CV13 Pegmatite. Core grades 0.7 m at 7.71% Li2O (from 135.0 m to 135.7 m) within a wider mineralized interval of 49.7 m at 2.08% Li2O (119.4 m to 169.1 m). At 7.71% Li2O, this is the highest grade of lithium returned from an individual core sample collected to date at the Property.
Figure 3: Drill hole result highlights at the CV13 Pegmatite (lithium).
Figure 4: Massive and near-inclusion free spodumene in drill hole CV25-1023 from the Vega Zone at the CV13 Pegmatite. Core grades 1.1 m at 7.32% Li2O (from 159.6 m to 160.7 m) within a wider mineralized interval of 31.2 m at 2.07% Li2O (133.4 m to 164.6 m). At 7.32% Li2O, this is the second highest grade of lithium returned from an individual core sample collected to date at the Property.
Figure 5: Abundant, large, and near-inclusion free spodumene crystals in drill hole CV25-1017A from the Vega Zone at the CV13 Pegmatite. Core grades 7.0 m at 6.04% Li2O (from 150.3 m to 157.3 m) within a wider mineralized interval of 24.7 m at 4.00% Li2O (146.0 m to 170.7 m).
Figure 6: Drill hole result highlights at the CV4 Pegmatite (lithium) – light grey is previously reported.
Figure 7: Drill hole result highlights at the CV8 Pegmatite (lithium) – light grey is previously reported.

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