Powermax Minerals Inc.’s (CSE: PMAX) (OTCQB: PWMXF) Option to Acquire Melba North Rare Earth Property Adds ‘Important Land Position’ to Adjacent Hopkins Property
Disseminated on behalf of Powermax Minerals Inc. (CSE: PMAX) (OTCQB: PWMXF) and may include paid advertising. Powermax Minerals, focused on rare earth element projects in North America, has entered into a three-year option agreement to acquire a 100% interest in the Melba North Property The property is underlain by the Clay-Howells Alkalic Rock Complex that is interpreted as a center characterized by LREE-dominant, magnetite-associated and carbonatite-related REE mineralization A 2025 assessment report on the Clay-Howells claim, which included claims listed on the Melba North option schedule, documented 49 samples that returned more than 0.17% total rare earth element oxides (“TREO”)…