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PMET Resources Starts 2026 Summer-Fall Drilling Campaign at Shaakichiuwaanaan Property

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PMET Resources (PMET.TO) has commenced its 2026 summer-fall drilling campaign at the Shaakichiuwaanaan property in Quebec, the company said on Thursday.

The exploration campaign comprises about 45,000 meters of drilling, while the Shaakichiuwaanaan Camp has reopened ahead of schedule, with critical restart activities completed and exploration teams remobilizing to site, it added.

PMET noted drilling will focus on exploration, geotechnical, hydrogeological and geological data collection to support the company's ongoing exploration and development work streams.

Exploration and resource development initiatives are expected 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.

"The 2026 summer-fall drill campaign is designed to further test and expand known exploration targets, while supporting the next phase of technical de-risking at Shaakichiuwaanaan as we advance CV5 and CV13 towards production," said PMET Executive Vice President for Exploration Darren Smith.

Shares in PMET are unchanged at $6.58 today.

Price: $6.55, Change: $-0.03, Percent Change: -0.46%

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