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PMET Resources to Expand Land Position in James Bay Region
PMET Resources to Expand Land Position in James Bay Region Canada NewsWire MONTR&#...
About this update from Pmet Resources Inc.
[{"type":"text","content":"\n\n\nPMET Resources to Expand Land Position in James Bay Region\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n\n\n\n\n\nCanada NewsWire\n\n\nMONTRÉAL and SYDNEY, Nov. 12, 2025 /CNW/ - PMET Resources Inc. (the \"Company\" or \"PMET\") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce that it has entered into a definitive agreement to expand its land position immediately west of the Shaakichiuwaanaan Property through the acquisition of the Pikwa Property, located in the James Bay region of Quebec. Pursuant to this agreement, the Company will acquire a 100% interest in the Pikwa Property (the \"Acquisition\") from Azimut Exploration Inc. (\"Azimut\") (TSXV: AZM) (OTCQX: AZMTF), a mineral exploration company focused on Quebec, and SOQUEM Inc. (\"SOQUEM\"), a mineral exploration subsidiary arm of Investissement Québec.\nThe Pikwa Property is comprised of 509 Exclusive Exploration Rights (a.k.a. mineral claims) covering approximately 10 km of highly prospective greenstone belt trend extending immediately west of the Company's flagship Shaakichiuwaanaan Property. The Pikwa Property hosts a geological setting with strong potential for multiple commodities over several different deposit styles including orogenic gold (Au), porphyry (Au, Cu, Ag), and LCT pegmatite (Li, Cs, Ta, Ga, Rb).\nWith the acquisition, the Company consolidates its land position in the region and now controls over 70 km of highly prospective greenstone trend, extending continuously across its Shaakichiuwaanaan, Pikwa, and Pontois properties (Figure 1). On the Shaakichiuwaanaan Property, this greenstone belt hosts numerous Li-Cs-Ta (\"LCT\") pegmatite occurrences including the world class CV5 and CV13 deposits, highlighting the potential of the overall trend. Additionally, historical explo...