Latest PMT News

The week was split between big earnings reactions and small-cap rocks-and-rigs rallies. Pro Medicus sank despite record numbers, while a handful of explorers jumped on fresh discoveries and policy wins.

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

PMET Resources has announced a significant capital raise of up to C$130 million through a public offering and a flow-through private placement to advance its Shaakichiuwaanaan critical minerals project in Quebec. The funds will support updated feasibility studies and exploration, aiming to de-risk the path to a Final Investment Decision.

A single exploration name blew the doors off the leaderboard, while two well-known uranium plays and a Nevada explorer sank hard. Behind the noise: deals got closer to completion, big raisings reset prices, and several “good news” gaps didn’t survive the week.

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

PMET Resources has reported its widest and highest-grade caesium intercepts to date at the Vega Zone within its Shaakichiuwaanaan Property, alongside confirming high-grade mineralisation at the newly discovered Helios Zone.

PMET Resources has delivered a positive feasibility study for its flagship Shaakichiuwaanaan lithium project, announcing a maiden mineral reserve and advancing exploration and corporate initiatives. The company also acquired the adjacent Pikwa Property and reported strong drilling results, maintaining a solid cash position.

A takeover premium blew the doors off the Materials board this week, while one discounted equity raise did the opposite. Uranium names kept climbing on real production progress, and rare earths stayed in favour as governments and buyers circle supply.

A takeover offer lit up small caps, while one high-growth software name slid hard despite strong sector news. Resources dominated the winners list, but investors still punished dilution and discounted fundraisings.

PMET Resources has reported its highest-grade lithium intercepts to date from the Vega Zone and announced a new high-grade lithium-tantalum discovery at the Helios Zone within its Shaakichiuwaanaan Property in Quebec. The extensive 2025 drilling campaign further cements the project’s status as a critical mineral hub in North America.

PMET Resources reports significant new lithium and caesium discoveries from its 2025 drilling campaign at the Shaakichiuwaanaan Property, reinforcing its position as a key North American critical minerals project.

PMET Resources reports a positive feasibility study for its flagship Shaakichiuwaanaan lithium project, revealing a maiden mineral reserve and advancing environmental and exploration milestones.