PMET Resources (ASX:PMT)said it identified the widest and highest grade cesium mineralization during a recent drilling at its Shaakichiuwaanaan Project in Quebec, Canada, according to a Wednesday Australian bourse filing.
The results were up to 28 meters at 8.05% cesium oxide, including 18.3 meters at 11.84% cesium oxide.
The company said that the interpreted footprint and width of cesium mineralization at the Vega Zone of the project has expanded.
Cesium assay results for 1,176 meters of drilling in seven holes from the Vega and Helios Zones remain pending, the filing added.
The company's shares rose 8% in recent Wednesday trade.